Walmart has begun to lay off corporate employees about a week after it slashed its profit outlook and warned that consumers had pulled back on discretionary spending due to inflation.
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Is the bear market over? This is the question that everyone wants to know. After a near-historic decline over the first half of the year, the stock market has been on a roll over the past month, with the S&P 500 rising nearly 9%, while the Nasdaq is up 14%. JPMorgan's chief global markets strategist Marko Kolanovic has an upbeat message for those concerned about the sustainability of the rally.
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Utah-based Nu Skin starts laying off employeesIt’s not clear yet the size of the staffing reductions at Nu Skin, but they mark another in a series of large layoffs at Utah companies this year.
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Walmart Lays Off 200 EmployeesThe job cuts are perhaps the latest sign of conflicting macroeconomic forces.
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Beware the Contract Clause Loading US Workers With DebtNurses, retail workers, and other employees can owe thousands of dollars just for quitting their job—or getting laid off.
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Glossier Lays Off Employees Following Shift in StrategyFresh on the heels of a Sephora partnership, the brand is reallocating resources to meet its change in strategy.
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