The most recent companies to announce mass layoffs include two with operations in Dallas-Fort Worth. Freedom Graphic Systems will close its Grand Prairie...
, have publicly said they’ll reduce their workforces this year to cut spending but haven’t disclosed specifics.In August, U.S.-based employers announced 75,151 job cuts — a 217% increase from the month before and 267% higher than in the same month in 2022, according to tracking by Chicago outplacement firm Challenger, Gray & Christmas Inc.
Technology sector job cuts lead all industries this year with over 150,000 positions eliminated. Retailers , health care and financial firms are the next hardest-hit industries.“Health care, particularly hospitals, are undergoing a lot of turmoil with staffing and trying to remain profitable while delivering high levels of care,” Challenger said.
He expects professional and business services to account for nearly 20% of new jobs, with those workers providing legal, accounting, architectural, engineering, design, computer and consulting services to companies.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas files to condemn former Fairfield Lake State Park land, a step toward eminent domainTexas Parks and Wildlife filed a petition to condemn the property with former Fairfield Lake State Park.
Read more »
Texas man pleads guilty to threatening Georgia public officials after 2020 electionThe U.S. Justice Department says a Texas man has pleaded guilty to threatening Georgia officials following the 2020 election.
Read more »
Texas man pleads guilty to threatening Georgia public officials after 2020 electionThe U.S. Justice Department says a Texas man has pleaded guilty to threatening Georgia officials following the 2020 election
Read more »
About half of Texas voters think Ken Paxton’s actions justify removing him as attorney generalThat’s according to a new poll out Friday from the Texas Politics Project, which surveyed 1,200 voters in the state.
Read more »
Texas takes legal action to save Fairfield Lake State ParkThe Texas Parks and Wildlife Department began the legal process of eminent domain to seize the former state park and save it from being turned into an upscale subdivision. The agency had offered a Dallas-based developer $103 million for it.
Read more »