By Amina Niasse NEW YORK (Reuters) – U.S. layoff announcements rose 7% in March to the highest since January 2023, led by technology and government-sector job eliminations, though cuts announced year to date are down 5% from a year ago amid a still-strong job market, a report out on Thursday showed. Job cut announcements increased […]
Tag: cutbacks
Three Rivers students to protest cutbacks at state’s newly consolidated community colleges
Mar. 29—NORWICH — Some students, faculty and staff at Three Rivers Campus of Connecticut State Community College are frustrated by the curtailment of services at the school that they say is the result of state government’s consolidation of the 12 community colleges. The consolidation, finalized last year, has come amid a $140 million shortfall in […]
Nokia sales and profit drop as economic challenges lead to investment cutbacks
Nokia has reported a double-digit decline in sales and a fall in profit in the last three months of 2023, with the wireless and fixed-network equipment maker saying operators are cutting back on investments into 5G and other technology because of economic uncertainty. The Espoo, Finland-based company reported net profit of 568 million euros (£485 […]