human resources and personnel management

Latest weekly jobless claims jump to 240,000

Minneapolis CNN Business — First-time weekly jobless claims jumped to 240,000 for the week ended Nov. 19, according to data released Wednesday by the Department of Labor. That’s a sharp increase of 17,000 from the previous week’s upwardly revised tally of 222,000, and tops economists’ expectations of 225,000. It’s the highest weekly total since Aug. …

Latest weekly jobless claims jump to 240,000 Read More »

Disney plans to freeze hiring and cut jobs, memo shows

disney (SAY) plans to freeze hiring and cut some jobs as it strives to move the Disney (SAY)+ streaming service to profitability amid economic uncertainty, according to a memo seen by Reuters on Friday. Chief executive Bob Chapek sent the memo to Disney executives, saying the company was instituting a targeted hiring freeze and planning …

Disney plans to freeze hiring and cut jobs, memo shows Read More »