The Mississippi-based furniture company is laying off 2,700 workers

TUPELO, Miss — A Mississippi-based company that had become one of the nation’s largest furniture companies has laid off nearly all of its workforce. About 2,700 workers, most of whom live in northeastern Mississippi, lost their jobs Monday, according to the Northeast Mississippi Daily Journal. Just days before the Thanksgiving holiday, United Furniture Industries sent … Read more

Ukrainians brace for a harsh winter as Russian attacks cripple power capacity

Ukrainians with little or no heating after bombing Temperatures in several areas already below freezing Residents of Kherson receive offers to evacuate to safer regions Ukraine’s security services raid the famous Kiev monastery KYIV, Nov 22 (Reuters) – President Volodymyr Zelenskiy appealed to Ukrainians to conserve energy amid brutal Russian strikes that have cut the … Read more

‘Playing with fire’: UN warns as a team to inspect damage to Ukrainian nuclear power plant

IAEA chief warns: ‘You are playing with fire!’ after explosions Russia, Ukraine trade debt for shelling President Zelensky says the eastern region has been hit by heavy artillery ‘Fierce battles’ in the Donetsk region, says Zelensky LONDON/LVIV, Ukraine, Nov 21 (Reuters) – The head of the UN’s nuclear watchdog has warned that whoever fired artillery … Read more

How chains like McDonald’s and Mom and Dad deal with inflation

Customers in a McDonald’s restaurant Scott Mill | CNBC While the restaurant industry battles inflation, the large size of chains and their access to cash gives them the upper hand, but independents have their own advantages in managing higher costs. Consumers feel the pressure on their budgets and have cut back on their restaurant visits … Read more

Is the Fed going ‘rogue’? Calls to reverse the quest for 2% inflation

The Federal Reserve’s position that 2% inflation is where the economy functions best has been considered gospel for at least a decade. But with a potential recession on the horizon and the Fed continuing to slam the brakes, there are growing calls for the central bank to rethink what was essentially an arbitrary target and … Read more

Amazon begins cutting jobs in the Alexa unit and cloud gaming division

Andy Jassy, ​​CEO of Amazon.Com Inc., speaks at the GeekWire Summit in Seattle, Washington, USA, on Tuesday, October 5, 2021. David Rider | Bloomberg | Getty Images Amazon began laying off employees in its business and tech workforce on Tuesday as CEO Andy Jassy ramps up efforts to contain costs. The company has notified employees … Read more

Kherson in Ukraine rushes to restore power and water after Russian withdrawal

Key infrastructure in Kherson mined by Russian governor Humanitarian situation Kherson ‘very difficult’ official Authorities are working to restore critical services Fighting continues in eastern Donetsk and Luhansk regions KHERSON, Ukraine, Nov. 13 (Reuters) – Utilities in Kherson were working to restore critical infrastructure damaged and mined by fleeing Russian forces, with most homes in … Read more

Meta, Twitter, Salesforce tech layoffs impact the economy

Tens of thousands of tech workers have been laid off within days, while tech giants such as Meta, Twitter, Salesforce and others are losing their workforces in the final stretch of the year. According to Layoffs.fyi, which tracks layoffs in the field, at least 20,300 U.S. tech workers were laid off in November and more … Read more

How do you talk about a layoff on social media?

High-profile layoffs at Twitter, Stripe, and Meta within a few days might have you thinking about how you’d deal with suddenly losing your job. In addition to sorting out your finances, negotiating severance pay, and applying for unemployment benefits, you may want to add “share an update on social media” to a post-release to-do list. … Read more