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Employer-sponsored education and benefits focused on financial health are a good tool to help younger workers better understand the long-term impact of taking a pay cut.; More than half of the 16,000 respondents in a global survey said they would take a 20% pay cut in exchange for a better quality of life.

I think they will frame it less about any pay decrease or pay cut.

Workplace Culture; ;Intel Plans to Cut More Than 20% of Workforce; Report: 4 in 5 U.S.

-based employers announced 62,075 job cuts in July, up 29% from June’s 47,999 and up a whopping 140% from July 2024 (25,885 cuts), according to a report released Jan. 31 by Challenger, Gray & Christmas.

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Apple Cuts Jobs in Online Services Group As reported by Bloomberg , Apple Inc. will cut 100 jobs in its digital services group, part of a shift in priorities for the critical division, according to people with knowledge of the matter.

Key Takeaways Schumer Bill Seeks to Reverse Cuts to Healthcare, Including Medicaid;Legislation Seeks to Increase 401(k) Access to Young Workers;Bill Aims to Strengthen Healthcare-Based ‘No Surprises Act’;Senate Committee Unanimously Advances Pair of ESOP Bills;NLRB’s Acting General Counsel Issues Memo on ‘Salting’ Cases;Senate Committee Reverses EBSA Funding Cuts; Schumer Bill Seeks to Reverse Cuts to Healthcare, Including Medicaid Senate Minority Leader Chuck Schumer (D-New York) on Monday, Aug. 4, introduced the Protecting Health Care and Lowering Costs Act ( S. 2556 ), which aims to repeal healthcare cuts in the recently signed H.R. 1 law (also known as the One Big Beautiful Bill Act), including those to Medicaid, and permanently extend the Affordable Care Act premium tax credits that are set to expire at the end of this year.

As reported by the Wall Street Journal , Microsoft Corp. said it won’t raise salaries for full-time employees this year, citing concerns over an uncertain economic climate.

As reported by CNBC , Disney began its second round of layoffs on Monday, bringing total job cuts in recent weeks to 4,000 when the latest round is completed.