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Nike to Cut About 2% of Workforce Nike will cut about 2% of its total workforce, or more than 1,600 jobs, according to the Wall Street Journal .

“Organizations may be underestimating the importance of internal advancement as a means of retaining of high performers,” determined Benson and Rissing in their 2020 paper, “ Strength from Within: Internal Mobility and the Retention of High Performers. ” "Careers in 2023 are like rock-climbing walls, and we’ve got to offer people different rocks to be able to jump to."

As reported by the Wall Street Journal , MillerKnoll Inc.

From TikTok to the Wall Street Journal , the phrase is generating a lot of lengthy discussions, especially among young professionals.

Facebook Parent Meta Announces Layoffs of 11,000 Staff The Wall Street Journal has reported that Meta Platforms Inc. plans to cut more than 11,000 workers, or 13% of staff, embarking on the company’s first broad restructuring to cope with a slumping digital-ad market and falling stock price.

Netflix CEO Reed Hastings, for example, told The Wall Street Journal that he didn’t see any positives to people working from home.

In a tight labor market where there are more than 10 million open jobs, many firms still struggle to keep their most experienced talent from walking out the door while also trying to recruit more in this cohort, which is prized for its historical knowledge and old fashioned-work ethic , according to the Wall Street Journal .

According to the suit, Black workers at Tesla complained to the DFEH that they heard racial slurs as often as 50 to 100 times a day while at work, in addition to spotting racist graffiti on restroom walls, workstations, lunch tables and other areas.

., the Wall Street Journal reported .

The Wall Street Journal reported on Wednesday that Disney’s entire metaverse division would be eliminated as part of the cuts.