Streetbeat News

Labor Issues

HPQ

HP Inc. has appointed Carol Surface as the new Chief People Officer, effective March 24, 2025. This strategic move is expected to influence the company's human resources and organizational culture.

Portfolio Pulse from

January 15, 2025 | 5:30 pm

KLC

A report by KinderCare Learning Companies highlights the importance of employer-sponsored child care benefits for Fortune 500 companies to attract top talent. The survey indicates that HR leaders see these benefits as a strategic necessity.

Portfolio Pulse from

January 15, 2025 | 1:45 pm

AON

The Q1 2025 U.S. Insurance Labor Market Study is now open for participation until February 2, providing insights into hiring trends within the insurance sector.

Portfolio Pulse from

January 15, 2025 | 12:45 am

MSFT

Microsoft is laying off employees in various departments such as security, sales, and gaming. These layoffs are distinct from performance-based cuts.

Portfolio Pulse from

January 14, 2025 | 10:00 pm

MSFT

Microsoft is pausing hiring in its U.S. consulting unit as a cost-cutting measure, according to an internal memo reported by CNBC.

Portfolio Pulse from

January 14, 2025 | 9:00 pm

META

Meta is considering implementing annual performance-based job cuts to enhance employee performance standards. This strategy aims to increase non-regrettable attrition by removing the lowest performers.

Portfolio Pulse from

January 14, 2025 | 9:00 pm

META

Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce, with plans to refill these positions later in the year.

Portfolio Pulse from

January 14, 2025 | 8:30 pm

META

Meta Platforms Inc plans to cut 5% of its workforce, approximately 3,600 roles, targeting low-performing staff. This move is part of a strategy for an 'intense year' ahead.

Portfolio Pulse from

January 14, 2025 | 8:30 pm

MSFT

Microsoft is pausing hiring in its U.S. consulting unit as part of a cost-cutting strategy. This move is part of a broader effort to reduce expenses.

Portfolio Pulse from

January 14, 2025 | 8:15 pm