DIRS.INFO The most relevant business & tech news

☆ Newly jobless hurricane survivors would exhaust aid sooner without Disaster Unemployment Assistance
▼ + stars: | 2024-10-21 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

Currently, the jobless in North Carolina can only receive up to 12 weeks of state unemployment benefits, among the skimpiest in the nation. (Applicants must first exhaust their state unemployment benefits.) Plus, disaster jobless benefits are available to many types of workers who don’t qualify for state unemployment insurance, such as gig workers, farmers and the self-employed. Still, it can be difficult for the newly jobless to secure either state or disaster unemployment benefits, particularly those whose homes and businesses have been heavily damaged or destroyed by storms. It took Miranda Escalante five days to apply for unemployment assistance.

Persons: Jen Hampton, Helene, Asheville’s, Hampton, we’re, ”, “ We’re, ” Michele Evermore, Roy Cooper, Miranda Escalante, Hurricane Helene, Escalante, Alex Smith, we’ll, ” Escalante, Evermore, — Asheville’s, “ Organizations: CNN, Asheville Food, Beverage United, “, Unemployment, The Century Foundation, state’s, Employment Security, Gov, Emergency Management Agency, Center, Budget, US Bureau of Labor Statistics, Asheville Locations: North Carolina, ”, Florida, Georgia, North Carolina’s, Asheville

☆ Tesla, Google, and Microsoft won't stop laying people off. Here's why that could backfire.
▼ + stars: | 2024-05-12 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The recent quip on Blind came from a worker at a large tech company commenting on word of more job cuts at Google. There's little doubt that for some tech workers, this gallows humor feels spot-on after waves of layoffs at some of the industry's biggest names — including Google, Microsoft, and Tesla. Elon Musk told staff last month that Tesla will lay off 10% of its workers. Advertisement"They think that their brand is bulletproof," Cascio said, referring to big-name tech companies.

Persons: —, Elon Musk, Tesla, Sundar Pichai, Pichai, Sandra Sucher, Harvard Business School who's, Wayne Cascio, who's, Cascio, Rich Otto, he'd, Harvard's Sucher, Zers, Caroline Ogawa, Ogawa, That's, Gartner's Ogawa Organizations: Service, Google, Microsoft, Tesla, Business, Bloomberg, Harvard Business School, University of Colorado, LinkedIn, Gartner, Social Locations: University of Colorado Denver, Silicon

☆ Seattle gave low-income residents $500 a month no strings attached. Employment rates nearly doubled.
▼ + stars: | 2024-04-19 | by ( Noah Sheidlower | Katie Balevic | ) www.businessinsider.com time to read: +4 min

Read previewA Seattle-area guaranteed basic income pilot gave low-income residents $500 a month to help reduce poverty. The Workforce Development Council of Seattle-King County launched a 10-month guaranteed basic income pilot program with 102 participants in fall 2022. Over a quarter of participants reported acquiring disability insurance in their new jobs, which none of them had in their previous jobs. However, many of the pilot programs are funded privately by philanthropy or by federal relief funds. Republicans in several state legislatures have pushed efforts to ban basic income programs in their states.

Persons: —, Marie Kurose, Chase Bank — Organizations: Service, Workforce Development, of Seattle, King County, Business, Employment Security Department, Chase Bank Locations: Seattle, King, King County

☆ Seattle gave low-income residents $500 monthly payments with no strings attached. Some got new housing and employment rates nearly doubled.
▼ + stars: | 2024-04-19 | by ( Noah Sheidlower | Katie Balevic | ) www.businessinsider.com time to read: +4 min

Read previewA Seattle guaranteed basic income pilot gave low-income residents $500 a month to help reduce poverty. The Workforce Development Council of Seattle-King County launched a 10-month guaranteed basic income pilot program with 102 participants in fall 2022. Over a quarter of participants reported acquiring disability insurance in their new jobs, which none of them had in their previous jobs. However, many of the pilot programs are funded privately by philanthropy or by federal relief funds. Republicans in several state legislatures have pushed efforts to ban basic income programs in their states.

Persons: —, Marie Kurose, Chase Bank — Organizations: Service, Workforce Development, of Seattle, King County, Business, Seattle, Employment Security Department, Chase Bank Locations: King, King County

☆ Lululemon to shutter Washington distribution center, lay off 128 employees after tripling warehouse footprint
▼ + stars: | 2024-04-19 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los Angeles, the company confirmed Friday. "While some employees will be retained and will relocate to other facilities, including our recently opened distribution center in the greater Los Angeles area, the optimization will result in the reduction of just over 100 positions within the existing Sumner distribution center," the person added. The closure comes after Lululemon more than tripled its warehouse footprint in the past few years to accommodate its rapid growth. In 2021, it entered into a new lease for a 1.26 million square-foot facility outside of Los Angeles in Ontario, California, filings show. In 2022, it leased a 980,000 square foot warehouse outside of Toronto in Brampton, Ontario.

Persons: Lululemon, Sumner, —, CNBC's Annie Palmer Organizations: state's Employment Security Department Locations: San Diego , California, Washington, Los Angeles, Sumner, Seattle, Sumner , WA, U.S, Canada, Toronto, Ontario , California, Brampton , Ontario, California, North America, Americas

☆ Unemployment benefits, emergency savings. Here's how to get by without a paycheck after a job loss
▼ + stars: | 2024-02-26 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

"Job loss is extremely traumatic, but it is important to remember that it is not the end of the world," said Michele Evermore, a senior fellow at The Century Foundation. The average weekly benefit ranges greatly between states, Evermore said. Job loss is extremely traumatic. Michele Evermore a senior fellow at The Century FoundationWhether or not the package affects your unemployment benefits depends on your state's rules, Evermore said. Strategize which savings to tap, in what orderHopefully you have an emergency savings fund to draw from, Curtis said.

Persons: Michele Evermore, Evermore, you've, Carolyn McClanahan, McClanahan, Curtis Organizations: Google, Microsoft, Paramount, CNBC, The Century Foundation, The Century, Employment Security Department, Planning Partners, CNBC's Locations: New York, Washington, Jacksonville , Florida

☆ Gen Z prefers paychecks over promotions, survey says
▼ + stars: | 2024-02-06 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Advertisement"Since 2021, Gen Z has been living with rates of inflation not seen in the US in decades," the Standard reported. AdvertisementAccess to loans, a strong 401(k) retirement account, and reliable insurance coverage are benefits that Gen Zers expect from employers. Over 90% of Gen Zers and millennials said they're considering leaving their jobs, per a 2023 LinkedIn survey. AdvertisementBy offering intentional tools toward sustained economic stability, The Standard said companies will have better luck recruiting and retaining Gen Z workers. Are you a Gen Z worker and willing to share details about your economic stability goals and how you plan to achieve them?

Persons: —, Zers, Gen Z, Gen Zers, X, millennials Organizations: Service, Business, Bureau of Labor Statistics, Standard Locations: homebuying

☆ Microsoft is even cutting cloud and AI workers in its plan to lay off 10,000 employees, internal email shows
▼ + stars: | 2023-02-10 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Microsoft just did another wave of layoffs this week in its plan to cut 10,000 people from its workforce, and affected units include the company's cloud and artificial intelligence organization, an internal email viewed by Insider shows. In Janauary, Microsoft publicly announced a plan to lay off 10,000 employees through March. An email that was not shared with the public, but viewed by Insider, confirms cuts came to Executive Vice President Scott Guthrie's Cloud+AI organization. The company this week recirculated a guide directing managers on how to communicate with employees, according to an internal email viewed by Insider. In the guide, Microsoft calls for managers to "show empathy and compassion" and to "keep a pulse on team morale."

☆ Microsoft layoffs shake up the unit responsible for integrating ChatGPT technology into Bing
▼ + stars: | 2023-01-18 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

WebXT includes the team responsible for integrating AI technology from ChatGPT into Bing. Affected units include Microsoft's Web Experience Team, known internally as WebXT, which includes the company's Bing search engine and Edge web browser. Notably, this is the unit responsible for integrating ChatGPT technology into Bing. The Information reported earlier this year that Microsoft plans to use the same AI as ChatGPT to provide users with answers to some searches. One Microsoft employee theorized that the layoffs will help Microsoft cut higher-paid staff and hire new employees at lower compensation into investment areas like Bing.

☆ A 'California girl' settled down in a remote Canadian city with her husband. They were finally able to buy a home and have a slice of the American dream.
▼ + stars: | 2022-12-09 | by ( Bill Murphy Jr. | ) www.businessinsider.com time to read: +9 min

Erin Ventura had no intention of leaving Los Angeles — until she met her Canadian husband, Justin Chiang. Erin Ventura grew up in Los Angeles, and she describes herself as "a California girl" through and through. But since Chiang was a Canadian citizen and Ventura was American, they had to choose which country to live in. Ventura said her husband was making a bit over 60,000 Canadian dollars a year playing in the military band. But I think in this case it's more of a 'big city, small city' kind of thing.

☆ What the wave of tech layoffs tell us about the economy
▼ + stars: | 2022-11-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

What’s happening: Tech companies are announcing an alarming number of layoffs and hiring freezes. ▸ Lyft (LYFT) said last Thursday that it will lay off 13% of its employees, or nearly 700 people, as it rethinks staffing amid rising inflation and fears of a looming recession. But other companies won’t be immune to the softening demand from consumers and businesses that tech companies have noted. It doesn’t help that the uncertainty around the platform comes at a bad time for ad revenue-dependent tech companies. More potential supply chain woesThe threat of a US rail strike that could disrupt supply chains is still very real.

☆ Starbucks could face 'just cause' bids at hundreds of unionized U.S. cafes
▼ + stars: | 2022-09-26 | by ( Hilary Russ | ) www.reuters.com time to read: +2 min

A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake//File PhotoNEW YORK, Sept 26 (Reuters) - Starbucks plans to start negotiating its first labor contracts with employees at hundreds of unionized U.S. cafes in October, the coffee chain said on Monday. Baristas and shift supervisors in at least 240 company-owned U.S. Starbucks Corp (SBUX.O) locations have unionized in a little over a year. More than 110 Starbucks employees have been terminated for minor issues as retaliation for their union organizing, Moore said. No Starbucks employees have or will be disciplined for supporting unions, the company said earlier this month.

Search resuls for: "Employment Security"

12 mentions found