Workplace articles

ceo martin luther king layoffs

Tech layoffs are becoming the new normal

Salaries have also stagnated, layoffs are second only to the dot-com bubble
The big picture: Job cuts in the tech industry last year were attributed to the need to economize, driven by inflation and a hiring spree during the pandemic. So, what's the explanation this year, especially when many of these firms have accumulated a significant amount of cash?
hard- amazon employment wages competition

Amazon employees encouraged to ask company mascot for help with financial hardships

Peccy is a benevolent mascot
Facepalm: Good news for Amazon warehouse workers living in fear of being injured, fired, or replaced by machines as they earn $17 per hour at a company that generated $9.9 billion in profit last quarter: they can write a letter to the company mascot, Peccy, if they're facing financial hardships this holiday season in the hope "some of their holiday wishes" come true.