(Natural News) Five of Walmart’s e-commerce warehouses are slated to lose another 2,000 jobs, the company announced this week. More than 1,000 people will be let go from a warehouse in Fort Worth, Tex., as will 600 people at a Pennsylvania fulfillment center; 40 people at a Florida warehouse; and 200 people in New Jersey, […]

(Natural News) Search engine giant Google has begun implementing cost-cutting measures, as confirmed by the company’s chief financial officer. Google CFO Ruth Porat broke the news in a March 31 email sent to all employees of the Mountain View, California-based technology firm. Her email said the cost-cutting measures aimed to “deliver durable savings through improved […]

(Natural News) At its annual investor meeting in Tampa, retail giant Walmart announced that over the next three years, it plans to convert 65 percent of its stores to a model of “automation.” In addition to laying off about 2,000 factory workers in the shorter term, the $388 billion multi-national corporation is eager to trim […]

(Natural News) The Walt Disney Company announced on Monday, March 27, that it already began letting go of 7,000 of its workers in a mass layoff the company announced earlier this year. Chief Executive Officer Bob Iger said the layoffs are necessary for the company to control costs and create a more “streamlined” business. The job cuts […]

(Natural News) Holders of additional tier 1 (AT1) bonds from the beleaguered Credit Suisse were angered by the announcement that their investments will be written to zero, following the $3.2 billion takeover of rival banker UBS. According to CNBC, the Swiss Financial Market Supervisory Authority (FINMA) broke the news. This effectively rendered AT1 bonds worth […]

(Natural News) Meat giant Tyson Foods announced that it will close two of its facilities for processing chicken, affecting close to 1,700 jobs. The Springfield, Arkansas-based meat processing company confirmed the closure of its two plants – one in Van Buren, Arkansas and another in Glen Allen, Virginia – to CNBC. The Van Buren facility […]

(Natural News) The Supplemental Nutrition Assistance Program (SNAP) benefits that helped many Americans at the height of the Wuhan coronavirus (COVID-19) pandemic will be gone soon as the federal public health emergency comes to an end on May 11. Some states have actually ended their respective food programs. “This means many Americans are going to […]

(Natural News) Sources from within tech giant Apple disclosed that the company has been quietly axing contractors to cut costs. The revelation came amid previous assurances from Apple CEO Tim Cook that layoffs would be a “last resort.” The Cupertino, California-based company resorted to this move to avoid mass retrenchment of direct hires. Other companies such […]

(Natural News) Americans care more about companies doing what is best for business than pandering to woke interests, according to the results of a recent survey. The poll that involved more than 1,000 possible voters was conducted by the Atlanta-based Trafalgar Group and the Convention of States Action (COSA). It found that nearly 80 percent […]

(Natural News) It appears that the tsunami of layoffs that started late last year is starting to accelerate.  January was a horrible month for job losses, and major layoff announcements are coming fast and furious here in February.  But of course the Biden administration would have us believe that everything is just fine.  Last week, the […]