Tag: layoffs
U.S. unemployment claims remain at historically healthy level
WASHINGTON (AP) – The number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that...
Fewer available jobs not easing R.I.’s retail hiring crunch
National data suggests it is not a job seeker’s market this holiday season, with layoffs and job freezes on the rise across the economy.
Retail...
UNFI’s Q1 loss narrows to $4M
PROVIDENCE – United Natural Foods Inc. on Tuesday reported a loss of $4 million in the company's first quarter of fiscal 2026 that ended Nov....
Report: Pawtucket School District could see 100 layoffs to close $10M...
PAWTUCKET – Nearly 100 individuals could be laid off across the school district due to a potential $10 million budget deficit facing the district,...
As AI evolves, what skills will keep you employed?
Massive layoffs announced at Amazon.com Inc. recently serve as a reminder that artificial intelligence technology driving efficiency is also redefining what it takes to...
Federal Reserve likely to cut key rate Wednesday and may signal...
WASHINGTON (AP) – The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in...
Report: Orsted to reduce workforce by 20% due to offshore wind...
PROVIDENCE – Orsted A/S, the developer behind Revolution Wind, the 704-megawatt offshore wind project off the coast of Rhode Island, plans to cut 20%...
Starbucks closes Thayer St. shop along with hundreds of other locations,...
PROVIDENCE – The Starbucks on Thayer Street has closed just a week after the coffee shop chain announced it was closing hundreds of locations...
Brown to cut 48 positions in effort to close $30M budget...
PROVIDENCE – Brown University will begin laying off 48 employees across campus, with those impacted being notified starting this week, the university announced on...
Consumer confidence dips with jobs, tariffs and high prices driving most...
WASHINGTON (AP) – Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight...
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