Tag: Personnel
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Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.
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Massive bonuses for South Korea’s chip workers puts central bank on inflation alert
Workers from tech industries receive bonus worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation.
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Amazon investigating engineers who criticized AI data center expansion
Five Amazon employees testified at Seattle City Council meetings where officials sought feedback on a year-long data center new construction pause.
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Rivian laying off hundreds of workers amid R2 launch
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
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Fed’s 2026 rate path is underpriced by markets if this PGIM call is right
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuThe Federal Reserve will hike rates by 25 basis points three times this year, according to PGIM, which is well outside the consensus
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Centene to offer buyouts to some employees as health insurer cuts costs
The health insurer Centene did not indicate to how many employees were offered buyouts or how much it is aiming to reduce its workforce.
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Inside the unique challenges of military spouse entrepreneurs: ‘Not everybody is going to understand this life’
Military spouses turn to entrepreneurship amid high rates of unemployment. They face high barriers to success, but a growing coalition is pushing for more help.
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One quality will be most in-demand from job-seekers in the AI era, Animoca co-founder Siu says
Yat Siu, the co-founder of Animoca Brands, says AI is going to change what skills are most valuable in the workforce.
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