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Embracer Signals Further Layoffs: 1,387 Job Cuts Only The Beginning
Thursday, February 15, 2024 - 4:50pm | 458Embracer Group AB (OTC: THQQF) has undergone a significant restructuring. What Happened: The Swedish video game and media holding company reduced 8% of the global workforce — the equivalent of 1,387 employees since June. This reduction accounts for 904 job cuts in the second quarter and an...
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SEGA Workforce Shake-Up: 61 Employees Face Layoffs While There Is Union Opposition
Wednesday, January 31, 2024 - 7:23pm | 390SEGA of America, part of Sega Sammy Holdings Inc - ADR (OTC: SGAMY) is set to lay off 61 employees on March 8, as revealed by an automated X bot sharing Worker Adjustment and Retraining Notification (WARN) notices. According to Insider Gaming, the Allied Employees Guild Improving Sega (AEGIS-...
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Tech Layoffs Up Over 300% Month-Over-Month In January: 3 Companies With The Most Employees Laid Off So Far In 2024
Wednesday, January 31, 2024 - 3:40pm | 833After a noticeable declining trend in tech layoffs during the second half of 2023, the trend appears to be reversing. The number of employees laid off in the tech sector increased by 304% in January 2024 as compared to December 2023. Restructuring, cost-cutting, leaner organization, efficiency —...
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How To Get A Job In Crypto: Multimillionaire NFT Collector Shares His 5 Best Tips
Thursday, January 25, 2024 - 1:13pm | 725Punk6529, a New York-based multimillionaire NFT collector, shared the best tips on how get a job in crypto. According to a social media post to his 465,000 followers on X (formerly Twitter): Don't try to be a full-time crypto trader: Punk advises not to consider "full-time...
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What Do The Latest Pay Transparency Laws Really Mean For On-Site And Remote Workers?
Thursday, January 18, 2024 - 11:30am | 1041Hawaii is the latest state to introduce pay transparency laws, while Colorado has expanded its already pretty comprehensive laws to include concrete definitions on career development and progression, as well as criteria for the latter. Both came into effect from January 1st, as numerous...
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2024 Gaming Industry Shakeup: Over 2,700 Layoffs Revealed In Past 11 Days
Thursday, January 11, 2024 - 6:33pm | 438In recent years, the video game industry witnessed a disturbing trend of frequent layoffs, with 2023 experiencing nearly weekly workforce reductions across publishers, developers and related companies, resulting in at least 6,000 job losses. Unfortunately, the trend appears set to continue in...
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Survey Reveals Top 15 Jobs People Are Eager To Abandon Right Now
Saturday, January 6, 2024 - 12:25pm | 593A recent survey has revealed the top 15 professions that workers are seriously considering leaving. What Happened: The comprehensive poll, conducted by software firm Payscale, unveils the factors motivating professionals to seek new opportunities, which include high-stress work environments,...
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The Economy Has Gone From Very Hot To Pretty Good
Monday, December 11, 2023 - 2:32pm | 2514Stocks ticked higher last week, with the S&P 500 rising 0.2% to close at 4,604.37. The index is now up 19.9% year to date, up 28.7% from its October 12, 2022 closing low of 3,577.03, and down 4% from its January 3, 2022 record closing high of 4,796.56. Job gains continue at a healthy pace, but...
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Most People Mistakenly Leave Out The Best 'Predictor Of Future Success' On Their Resumes, Says Former Google Recruiter
Thursday, November 23, 2023 - 12:21pm | 568When writing a resume, don't forget to include your personal achievements and promotions — these key details are some of the best predictors of future success, according to a former Google recruiter. What To Know: CEO of talent marketplace Continuum, Nolan Church, shared some...
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Seeking Work-Life Balance? Here Are Low-Stress Careers To Consider
Tuesday, November 21, 2023 - 6:17pm | 544Amidst a stressful work climate, specific careers emerge as both high in demand and low in stress. The American Psychological Association's 2023 Work in America Survey reveals that 77% of workers experience work-related stress, yet some jobs offer a more serene environment. Below are 10...
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Union Accusations Against Sega: Alleged Threat Of Mass Layoffs Uncovered
Thursday, November 16, 2023 - 4:18pm | 335Sega of America, part of Sega Sammy Holdings Inc - ADR (OTC: SGAMY), faced accusations of attempting mass layoffs in retaliation for employees' unionization efforts, as detailed in an unfair labor practice complaint filed by the Communications Workers of America. According to Kotaku, the...
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Elon Musk's Bold Prediction While In Conversation With UK PM: AI To Render All Jobs Obsolete
Friday, November 3, 2023 - 2:56am | 815Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), and U.K. Prime Minister Rishi Sunak on Thursday discussed at length the risk posed by artificial intelligence, the role of governments, and the future of jobs, among other things. What Happened: During the 40-minute conversation, Musk expressed...
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Naughty Dog's 'The Last of Us' Multiplayer Spin-Off Hits Pause Amid Layoffs
Tuesday, October 3, 2023 - 1:43pm | 463Naughty Dog, the first-party video game developer owned by Sony Group Corp. (NYSE: SONY), is reportedly facing layoffs, primarily affecting around 25 quality assurance contractors working on the troubled multiplayer spin-off of "The Last of Us." According to Kotaku, these contractors are...
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Layoffs Are Out, 'Reassignment' Is In: A New Trend?
Tuesday, August 29, 2023 - 3:20pm | 553Remember the sweeping layoffs the tech sector saw earlier this year? Some 937 tech companies laid off roughly 232,600 employees, with heavyweights such as Meta Platforms Inc (NASDAQ:META) and Microsoft Corp (NASDAQ:MSFT) cutting upwards of 5% of staff. It seems that trend may be replaced with a...
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New US Job Seekers Now Expect To Be Paid $79,000 — A New All-Time High
Tuesday, August 22, 2023 - 1:39am | 574The expected annual salary for new jobs by American workers has hit nearly $79,000, the highest since March 2014, according to a recent survey. What Happened: The New York Federal Reserve has disclosed that the lowest annual wage American workers would consider for a new job has been climbing...