LAYOFFS

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Sep 13 2024BUSINESS

Xbox's Bittersweet Restructuring: 650 Jobs Cut, but No Games Cancelled

As the gaming industry continues to evolve, Xbox has made the difficult decision to eliminate approximately 650 roles across Microsoft Gaming, mainly in corporate and supporting functions. This move aims to realign the company's post-acquisition team structure and manage its business for long-term s

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Sep 11 2024BUSINESS

Layoffs in the Gaming Industry: A Debate on Greed and Opportunity

The gaming industry has been rocked by a wave of layoffs, leaving many wondering if corporate greed is to blame. Chris Deering, former president of Sony Computer Entertainment Europe, thinks not. Deering shared his thoughts on the matter, saying that the layoffs are not due to greed, but rather a na

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Sep 11 2024BUSINESS

The Great Job Hunt: Is the Competition Heating Up?

The job market is a fiercely competitive landscape, and new data from Workday suggests it's only getting tougher. But what does this mean for job seekers? Are they doomed to endless rejections and interviews? Let's dive in. The labor market is indeed cooling, and job seekers are feeling the pinch.

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Sep 10 2024SPORTS

J-E-T-S: 13 Long Years Since Gang Green Last Roared

The New York Jets' current 13-year playoff drought is a testament to both their lack of on-field success and the relentless dominance of their divisional rivals, especially the New England Patriots. As the franchise looks ahead to potentially ending this dry spell in 2024 with the help of star qua

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Sep 06 2024BUSINESS

Tech Layoffs Skyrocket: Are You Next?

The tech industry has been hit hard by layoffs recently, with August seeing a whopping 193% increase in job cuts compared to July. This brings the total number of tech jobs lost this year to over 536,000—a staggering figure that's putting many workers on edge and raising fears about an impending rec

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Sep 06 2024FINANCE

Tech Takes the Lead: Can It Mask Cracks in the Labor Market?

Wall Street had a rollercoaster Thursday, with tech stocks soaring while data on the job market painted a more mixed picture. The Nasdaq, home to giants like Tesla and Nvidia, saw a healthy boost, pushing higher by nearly 0.5%. But the broader S&P 500 and the blue-chip Dow Jones Industrial Average

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Sep 06 2024HEALTH

Thundermist Health Center: Financial Crisis or Shifting Tides?

Rhode Island's beloved Thundermist Health Center, known for serving over 60,000 patients across its West Warwick, Woonsocket, and South County locations, is navigating a turbulent financial sea. The board recently made a significant decision: terminating the contract of Jeanne LaChance, the organi

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Sep 06 2024BUSINESS

Texas Capital: Healthcare Hustle or Cost-Cutting Caper?

Texas Capital Bancshares is making waves in the healthcare industry, but not without shaking things up internally. They've just agreed to buy a hefty $400 million portfolio of healthcare-related loans – a bold move to expand their corporate banking business. But hold on, there's a catch. This growt

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