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UPS and FedEx Once Handled a Deluge of Packages From China. That’s Changing.
Less than a year ago, executives from FedEx and UPS were talking about how they were handling a flood of packages from China to American…
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Layoffs and Job Reductions
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Newark Airport Delays Continue Amid Second Week of Chaos
Air traffic controllers temporarily lost communication with planes at Newark Liberty International Airport last week, according to the…
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UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
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Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business
Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies…
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New Details Emerge on Trump Officials’ Sprint to Gut Consumer Bureau Staff
Two weeks ago, a three-judge panel from the federal appeals court in Washington lifted a freeze on firing employees at the Consumer…
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How to Talk to Your Children About Money in These Uncertain Times
Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about…
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F.D.A. Scientists Are Reinstated at Agency Food Safety Labs
Federal health officials have reversed the decision to fire a few dozen scientists at the Food and Drug Administration’s food-safety labs,…
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Starbucks to Lay Off 1,100 Corporate Workers
Starbucks is laying off 1,100 corporate employees, its chief executive said in a letter to workers on Monday, marking the coffee chain’s…
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Pushback to Latest DOGE Demand May Signal Limits for Elon Musk
A clash over Musk’s latest missive Monday could bring a standoff between Elon Musk and huge swaths of the federal government, including…
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Officials Fired at Traffic Safety Agency Investigating Musk’s Company
The federal agency responsible for traffic safety, which has been investigating whether self-driving technology in Tesla vehicles played a…
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Comparing Elon Musk and Jack Welch as Influential Cost-Cutters
And while the two were both politically conservative, Welch was more of a country-club Republican, partial to golf and no fan — at least…
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Firings at FDA Decimated Teams Reviewing AI and Food Safety
In recent years, the Food and Drug Administration hired experts in surgical robots and pioneers in artificial intelligence. It scooped up…
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Southwest Layoffs Will Take 15% of Its Work Force
Southwest Airlines on Monday announced plans to cut 1,750 jobs, the first broad layoffs in the airline’s 53-year history. The company said…
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Southwest Airlines Plans to Cut 15% of Its Work Force
Southwest Airlines on Monday announced plans to cut 15 percent of its work force, the first round of broad layoffs in the airline’s…
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Layoffs Begin at Energy Department, Part of Trump Purge
The Energy Department began laying off staff as the Trump administration accelerated sweeping cuts across the government, according to…
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Chevron to Lay Off Up to 20% of Staff
Chevron, the second-largest U.S. oil and gas company, said on Wednesday that it would lay off as much as 20 percent of its work force, or…
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Top N.I.H. Official Abruptly Resigns as Trump Orders Deep Cuts
The No. 2 official at the National Institutes of Health abruptly resigned and retired from government service on Tuesday, in another sign…
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U.S. Hiring Slowed to 143,000 Jobs in January
The pace of hiring slowed slightly in January, signaling more subdued employment growth even as joblessness remained low. A total of…
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Brooklyn Museum Will Lay Off Employees and Scale Back Exhibitions
The Brooklyn Museum said Friday that it would soon cut more than 40 employees — between 10 and 13 percent of its work force — to alleviate…
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Why Is This C.E.O. Bragging About Replacing Humans With A.I.?
Ask typical corporate executives about their goals in adopting artificial intelligence, and they will most likely make vague…
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Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada,…
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Silicon Valley Tech Workers Quietly Protest Their Bosses’ Embrace of Trump
Quietly but unmistakably, the tampons, liners and pads reappeared in many of the men’s bathrooms at Meta’s offices. Days earlier, Mark…
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CNN Plots Major Overhaul as It Enters a New Trump Era
Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.…
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U.S. Employers Add 256,000 Jobs in December
Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a summer slowdown and an autumn marred by…