US April Jobs Report: Conflicting Growth Figures Stir Labor Market Debate
May 2, 2025, 9:20 am more...
Divergent accounts have emerged from the latest US jobs report. One analysis touted an unexpected 177,000 job jump while Reuters reported only marginal growth with a steady 4.2% unemployment rate. These conflicting figures are fueling debate among economists about the true state of the labor market.
permalink / 3 stories from sources in 33 hours ago #recession #jobs #us #economy +
Kohl’s Fires CEO Over Unusual Vendor Dealings
May 1, 2025, 12:21 pm more...
Kohl’s has abruptly terminated its CEO, Ashley Buchanan, following an internal investigation that uncovered highly irregular transactions with a vendor connected to his romantic partner. The decision came after allegations of significant conflict of interest, leaving the retail giant scrambling to restore its corporate credibility.
permalink / 2 stories from sources in 2 days ago #business #jobs #scam +
Polygon Sold to Valnet, Triggering Massive Layoffs
May 1, 2025, 12:20 pm more...
Polygon has recently undergone a dramatic change of guard as it was sold to Valnet, an event that has resulted in extensive layoffs throughout its staff. The restructuring has sent shockwaves through the gaming journalism community, leaving longtime employees and fans wondering about the future direction of this trusted media outlet.
Reddit: r/technology
permalink / 4 stories from sources in 2 days ago #privateequity #business #jobs #acquisitions +
US Jobless Claims Data Shows Unexpected Surge and Economic Uncertainty
May 1, 2025, 9:20 am more...
Recent reports detail a sharp uptick in U.S. weekly jobless claims, with figures exceeding expectations. One version even points to “DOGE actions” as a dramatic catalyst for massive layoffs, adding an ironic twist to the economic narrative. The numbers underscore mounting labor market challenges that are hard to ignore amid broader economic concerns.
permalink / 3 stories from sources in 2 days ago #recession #jobs #us #economy +
Duolingo Expands AI Language Courses, Cutting Contractor Roles
April 30, 2025, 12:20 pm more...
In a bold pivot to AI-first operations, Duolingo has unveiled 148 new language courses generated by artificial intelligence. The move, which more than doubles its course offerings, signals the company’s commitment to automated content while phasing out traditional contractor roles—a strategy stirring both innovation and controversy.
Reddit: r/technology
Bluesky: @samvimes6.bsky.social, @techcrunch.com, @jaypeters.net, @verge-poster.bsky.social
permalink / 4 stories from sources in 3 days ago #ai #automation #elearning #jobs +