#job-loss

#job-loss

The recent fires in Los Angeles County have devastatively affected many service workers, leading to significant job loss and economic hardship.

Party City is permanently closing all stores by February 2025, ending its legacy of party supply provision.

The closure of a sugar mill in Texas due to water scarcity impacts jobs, economy, and emotions in the region.

BNY confirms closure of Wexford office, affecting 310 employees, with 95% facing job relocation or redundancy amidst ongoing economic impact.

It's essential to view career setbacks as learning experiences that can inform future decisions.

Ageism is prevalent in the creative industry, leading to job loss for experienced professionals.

Adapting to new technology and industry trends can help experienced individuals remain relevant and find opportunities.

Career success can crumble unexpectedly, leading to a profound personal and existential crisis.

Reassessing financial goals is crucial after an unexpected job loss, allowing for a flexible approach to retirement.

IAM union leaders endorsed a new contract proposal featuring a significant 43.65% compounded wage increase over four years, addressing previous rejections.

Concerns rise over 2,700 jobs at Spirit Aerosystems in Belfast amid uncertainty from Boeing's acquisition and Airbus's potential selective purchase strategy.

The UK nightlife sector is facing a potential crisis with 90% of businesses severely impacted by cost increases and consumer spending declines.

The national insurance contribution hike will significantly impact businesses, but is deemed essential for funding the NHS.

Cardinal Health is planning a phased closure of its Tullamore plant, affecting 315 full-time positions by March 2026.

Tata Steel's closure of Port Talbot's furnaces raises concerns about job losses amidst a bid for greener steel production.

The UK government is finalizing a £500 million rescue package to support Tata Steel's shift to greener production methods.

The UK government is providing emergency funding to assist workers and businesses impacted by Tata Steel's transition to greener technology.

The Government is criticized for inadequate communication with Stellantis prior to the decision to close the Luton van-making plant, risking 1,100 jobs.

Stellantis shares dropped after CEO Carlos Tavares resigned following plant closure announcements, highlighting leadership instability and job risks amidst industry shifts.

Ford UK urges government incentives to boost electric vehicle demand; without it, EV sales targets are ineffective.

Car manufacturers face widespread challenges in transitioning to electric vehicles, affecting multiple companies in the UK.

The government's intervention is insufficient to address the global nature of issues facing the automotive industry.

Getting fired can be a new beginning, offering an opportunity for growth and reinvention rather than an irreversible setback.

Leverage social media platforms like LinkedIn and TikTok to alert others that you are in need of assistance in finding a new job.

Social media offers opportunities to build and showcase personal brand, connect with potential employers, and engage with industry-specific content.

Ted Baker is closing 31 stores and over 500 jobs are at risk following its collapse into administration.

Tapi Carpets rescued some stores and jobs after Carpetright in south London closed due to administration.

Homebase is facing potential administration amidst financial struggles, but a rescue plan may save many jobs.

Economic decline for Black residents in Milwaukee highlighted through Jamaal Stokes's personal narrative.

Disillusionment among Black voters grows as economic struggles persist, overshadowing political campaigns.

Hannah Che's proactive planning and side hustle allowed her to transition smoothly after being laid off from her high-paying job.

Life can take unexpected turns; embracing change can lead to new opportunities. Sam's journey demonstrates resilience and innovation after job loss.

The rescue of TGI Fridays UK results in 35 branch closures and over 1,000 job losses, provoking backlash over staff treatment during redundancies.

TGI Fridays UK has saved 51 locations after a rescue deal, but 35 have closed immediately, impacting over 1,000 employees.

The Enfield TGI Fridays branch closed suddenly despite a rescue plan that saved many other locations.

Up to 200 jobs will be lost in Drogheda as the plant closes in 2026, leading workers to initiate industrial action.

The closure of a profitable plant in Drogheda will result in significant job losses, leading workers to vote for industrial action.

Scotland's only oil refinery, Grangemouth, will close by next summer, leading to the loss of 400 jobs due to competition from overseas.

Grangemouth oil refinery in Scotland will close next year, resulting in 400 job losses and reduced domestic oil refining capacity.

Activision used generative AI to create in-game cosmetic for profit, despite earlier claims of limited use for concept art only.

The encroachment of generative AI in Hollywood is a major concern, impacting creators' livelihoods and sparking fear and caution in the industry.

AI advancement may lead to widespread job loss.

89 percent of US office workers have heard of ChatGPT and 74 percent have used it.

47 percent of workers worry that AI could replace their role, an increase from 29 percent in February 2023.