Tag: layoffs
U.S. applications for jobless benefits fall to lowest level in nearly...
U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in...
CVS files WARN, plans to lay off 198 Rhode Islanders
WOONSOCKET – CVS Health Corp. on Friday announced plans to lay off 198 Rhode Islanders working at the company’s headquarters here and in Cumberland.
CVS...
Report: Hasbro cutting 20% of staff at Entertainment One
PROVIDENCE – Hasbro Inc. is laying off approximately 20% of the staff at its film production company Entertainment One, thewrap.com reported Thursday.
Exact details of...
U.S. applications for unemployment benefits tick up slightly as labor market...
The number of Americans filing for unemployment benefits rose slightly last week but remains at healthy levels that continue to show a strong U.S....
Lardaro: Weak March performance brings R.I. closer to recession
PROVIDENCE – University of Rhode Island economist and professor Leonard Lardaro said Tuesday he is more convinced that Rhode Island is continuing to move...
U.S. unemployment claims tick up to 245K, but still low
WASHINGTON (AP) – The number of Americans applying for unemployment benefits rose last week but remains low by historic standards.
U.S. jobless claims rose by...
Hasbro CEO Cocks earned $9.4M in 2022
PAWTUCKET – Hasbro Inc. CEO Chris Cocks was compensated more than $9.4 million in 2022 despite the company reporting a loss for the year,...
Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000
NEW YORK (AP) – Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on...
Applications for U.S. jobless aid rise by most in 5 months
NEW YORK (AP) – The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain...
Hasbro to lay off 1,000 people; impact in R.I. unclear
PAWTUCKET – Toymaker Hasbro Inc. announced Thursday that it is cutting about 1,000 jobs as part of moves announced last year to save up...