Streetbeat News

Labor Issues

ALK

Alaska Airlines' flight attendants have ratified a new three-year contract, which includes increased pay, greater flexibility, and better benefits.

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February 28, 2025 | 9:45 pm

ALK

Alaska Air flight attendants have ratified a new three-year labor contract, as announced by their union.

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February 28, 2025 | 9:45 pm

IVV

In February, the S&P 500 experienced a decline, particularly affecting tech and small-cap stocks, while international markets and bonds saw gains. The labor market showed mixed signals, with unemployment dropping but initial claims rising, indicating potential future payroll declines.

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February 28, 2025 | 9:15 pm

AMZN

Amazon has reduced a small number of jobs at its Wondery podcast unit, which is known for popular shows like 'Dr. Death' and 'Business Wars.'

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February 28, 2025 | 7:00 pm

FLYW

Levi & Korsinsky is investigating Flywire Corporation for potential federal securities law violations after the company missed Q4 2024 estimates, reported a $15.9 million net loss, and announced a 10% workforce reduction.

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February 28, 2025 | 5:45 pm

HPQ

HP Inc. plans to cut over 1,000 jobs and is considering moving manufacturing back to the US. The company provided a profit outlook for the current quarter that fell short of expectations due to rising component costs and tariffs on Chinese goods.

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February 28, 2025 | 4:15 pm

CWT

California Water Service Group (NYSE: CWT) has appointed Kris A. Hamner as Vice President, Chief Human Resource Officer, effective February 28, 2025, succeeding Ronald D. Webb who is retiring.

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February 28, 2025 | 2:15 pm

ADSK

Autodesk's stock price increased following the announcement of a restructuring plan that includes cutting approximately 9% of its workforce. The company also reported better-than-expected earnings.

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February 28, 2025 | 1:00 pm

META

Meta has terminated 20 employees for leaking information to the media. This action comes as the company faces scrutiny over CEO Mark Zuckerberg's political shift towards US President Donald Trump.

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February 28, 2025 | 8:45 am

META

Mark Zuckerberg has terminated approximately 20 Meta employees for leaking company information to the media. This action follows Zuckerberg's recent complaints about leaks.

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February 27, 2025 | 11:15 pm