Discover why IFRS prohibits LIFO accounting, including issues like distorted financials, outdated inventory values, and ...
But even with a lower statewide total, the impact in 2025 was widespread. A handful of large layoffs reshaped workforces from Amarillo to Austin to Dallas, while dozens of smaller cuts chipped away at ...
Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...
TUPELO – Some Cadence Bank employees are receiving notifications of pending layoffs, following Huntington Bank's $7.4 billion acquisition announcement in October. How many workers will be affected is ...
Amazon announced another round of layoffs on Saturday that will affect 84 employees in Seattle and Bellevue, according to a Worker Adjustment and Retraining Notification filing. The layoffs are ...
Layoffs have hit American workers hard in 2025, particularly in the government and tech sectors. Already this year, well over a million jobs have been lost due to layoffs—and unfortunately, it doesn’t ...
For the first half of 2025, the labor market was, in the words of Federal Reserve Chair Jerome Powell, a “low hire, low fire” environment, with minimal job cut announcements preventing sluggish ...
Fast Company has reached out to UnitedHealth for confirmation. Those employees were based in “multiple states on the East Coast and in the Midwest,” according to that report, and are among ...
The recent announcement by McKinsey & Company that it plans to cut roughly 10% of its workforce has sent ripples through the consulting world, reigniting debate about the future of the industry. This ...
A number of companies have announced plans to cut hundreds—even thousands—of jobs in January, adding to concerns about the outlook for the American labor force after a rocky end to 2025. In recent ...
Over 1,100 Illinois workers will be affected by layoffs and furloughs announced by seven companies in November. The largest layoff comes from the insurance marketplace GoHealth, which is cutting ...
The Trump administration must rescind already issued layoffs and pause others underway, a federal judge ruled on Wednesday, saying any such action taken since the start of the federal government ...