Category: Retail

The Wave of Layoffs in the US: Amazon, Tesla, Google, IBM

In 2024, the trend of job cuts that started last year is continuing, with companies like Tesla, Google, Microsoft, Nike, and Amazon announcing plans for further reductions in their workforce. This year is shaping up to be just as challenging, with nearly 40% of business leaders surveyed by ResumeBuilder anticipating layoffs at their companies. Many […]

Red Lobster may potentially file for bankruptcy by Memorial Day, according to WSJ

Red Lobster, the popular seafood chain, is facing financial difficulties that may lead to filing for Chapter 11 bankruptcy protection, according to reports from The Wall Street Journal. The chain, burdened with hundreds of millions in debt, recently closed 52 of its stores across the US, as confirmed by restaurant liquidator TAGeX Brands. This news […]

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