#employee-impact

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Thyssenkrupp: New battleground over German industrial jobs DW 12/11/2024

Thyssenkrupp Steel Europe plans substantial job cuts, notably affecting the Kreuztal-Eichen plant, leading to widespread employee distress and community ramifications.
#store-closure

TJ Maxx rival closing city's only location forcing shoppers to take car or boat

Nordstrom Rack in Staten Island is closing, with shoppers needing to travel further for access to stores, effective December 4, 2024.

Kohl's announces Mass. store closure after holidays

Kohl's is closing its Stoughton store on January 18, impacting 77 employees.

TJ Maxx rival closing city's only location forcing shoppers to take car or boat

Nordstrom Rack in Staten Island is closing, with shoppers needing to travel further for access to stores, effective December 4, 2024.

Kohl's announces Mass. store closure after holidays

Kohl's is closing its Stoughton store on January 18, impacting 77 employees.
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Elysian Brewing's Georgetown Brewery Closure: What It Means for Seattle's Beer Scene - The Beer Thrillers

Elysian Brewing's Georgetown brewery closure signifies a major shift in Seattle's craft beer landscape, with potential impacts on employees and the local community.
#layoffs

Mark Zuckerberg's 'Year of Efficiency' is turning into a multi-year effort as Meta gets hit with another round of layoffs

Meta is laying off employees to align resources with long-term goals, continuing the trend of workforce reductions during the 'Year of Efficiency.'

Goodway Group quietly lays off employees in 'rounds' in ongoing workforce reduction

Goodway Group has been conducting multiple rounds of layoffs affecting various teams over the past year.

Mark Zuckerberg's 'Year of Efficiency' is turning into a multi-year effort as Meta gets hit with another round of layoffs

Meta is laying off employees to align resources with long-term goals, continuing the trend of workforce reductions during the 'Year of Efficiency.'

Goodway Group quietly lays off employees in 'rounds' in ongoing workforce reduction

Goodway Group has been conducting multiple rounds of layoffs affecting various teams over the past year.
morelayoffs

How Organizational Decision-Making is Getting an AI Shakeup - And Why It's a Good Thing | HackerNoon

AI's penetration across industries is revolutionizing organizational operations, enhancing decision-making, and transforming traditional business functions.
The debate surrounding AI's impact on human labor and job security is intensifying as companies increasingly depend on automation.

Western Forest Products temporarily curtails production at its B.C. sawmills | CBC News

Western Forest Products is temporarily cutting lumber production due to market challenges, affecting 800 employees and anticipating total reductions of 90 million board feet for the year.
#bankruptcy

Steward Health Care filed for bankruptcy. How will you be impacted?

Steward Health Care, the largest for-profit hospital chain, filed for Chapter 11 bankruptcy, aiming to restructure debts under court supervision while continuing hospital operations.

Sunsundegui has initiated pre-bankruptcy proceedings

Sunsundegui has initiated pre-bankruptcy proceedings due to severe liquidity issues and significant debt.

Foxtrot, Dom's Kitchen & Market Closing All Locations

Foxtrot and Dom's Kitchen & Market merger leads to bankruptcy and store closures.

Steward Health Care filed for bankruptcy. How will you be impacted?

Steward Health Care, the largest for-profit hospital chain, filed for Chapter 11 bankruptcy, aiming to restructure debts under court supervision while continuing hospital operations.

Sunsundegui has initiated pre-bankruptcy proceedings

Sunsundegui has initiated pre-bankruptcy proceedings due to severe liquidity issues and significant debt.

Foxtrot, Dom's Kitchen & Market Closing All Locations

Foxtrot and Dom's Kitchen & Market merger leads to bankruptcy and store closures.
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From $1B to bankrupt: How private equity killed Beautycounter, the beloved clean beauty brand

Beautycounter, a successful clean beauty brand led by its purpose, abruptly closed under Carlyle Group ownership, impacting employees negatively.

Despite legislation dying during 2024 session, Idaho policy limits remote work for state employees * Idaho Capital Sun

State agencies in Idaho now must ensure only 20% of employees work remotely, with exceptions for fieldwork and rural employees living over 50 miles away.

What Business Leaders Really Think About Generative AI

Executives and employees are embracing generative AI technology.
Top concern around AI is potential misuse over job displacement.

Major pizza chain to close 'underperforming' north London branches

43 Papa John's locations to close, 16 in London
Impact on employees being a priority for Papa John's UK

Rubio's closes 48 restaurants in California, citing 'business climate'

Rubio's Coastal Grill closed 48 restaurants in California due to the rising cost of doing business, affecting employees and reflecting broader economic challenges.

Inside The Fall Of Oracle's Advertising Business | AdExchanger

Oracle shut down its advertising division due to misalignment with its strategic vision, impacting top players like Datalogix, Grapeshot, Moat, and BlueKai.
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