Sentences with phrase «widespread layoffs»

"Widespread layoffs" refers to a situation where a large number of employees are being let go or losing their jobs at various places, companies, or industries. Full definition
State and city lawmakers have also pledged $ 60 million to help the district avoid widespread layoffs.
The public perception of a company's reputation and brands often takes a hit when widespread layoffs are announced.
Several years of widespread layoffs at BlackBerry (TSX: BB) are finally over, according to an internal memo from the company's chief executive officer.
Respawn Entertainment, the studio founded by the creators of the Call of Duty franchise, has insisted it is business as usual amid widespread layoffs at publisher EA.
The National Association of Legal Placement's 2016 Report on Diversity in U.S. Law Firms reported that the representation of minority associates has continued to increase (from 19.53 % to 22.72 %) since 2010 following widespread layoffs in 2009.
This guy knew he was being an insufferable tool, that's why he thinks he was fired because of it even though he lost his job amid widespread layoffs.
Sectors that compete directly with the oil and gas industry for their labour force will have an easier time filling their payrolls if widespread layoffs occur, says Hirsch.
Gov. Andrew Cuomo reiterated today that the state is in «really dire financial shape» and did not deny reports that he will propose widespread layoffs of public employees — perhaps as many as 15,000 — in his executive budget on Feb. 1.
«We know that suicide increases among adults when communities are hit with widespread layoffs.
An even bigger event than tech — the 2008 - 10 economic crisis — also failed to disrupt Big Law, notwithstanding widespread layoffs and a few dissolutions.
Widespread layoffs among finance firms are an ominous sign for office landlords.
Following widespread layoffs and evolving business models at the daily deals site, Thakar will succeed founder Tim O'Shaughnessy in August.
Paddle8 announces further layoffs Following its split with Auctionata, the online auction platform Paddle8 is to make a series of widespread layoffs, reports ARTnews.
First: widespread layoffs, lower budgets, new levels of austerity, and a shift in the corporate culture.
«While a growth strategy like driving costs out might bring short - term spikes in margin improvement, it also may come with undue risks, like disruption to day - to - day operations or widespread layoffs,» White says.
Are widespread layoffs a normal and necessary part of U.S. business?
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