The publisher of Sports Illustrated plans to lay off most or all of the iconic brand’s staff, putting its future in doubt, according to the union that represents workers at the venerable magazine. “Earlier today the workers of Sports Illustrated were notified that The Arena Group is planning to lay […] Read More
Richard Branson‘s Virgin Galactic will lay off 185 employees, or about 18% of the company, as the space tourism firm attempts to conserve cash, ride out the skittish capital markets and focus resources on a new line of spacecraft. The company also will pause its spaceflights in mid-2024 to focus […] Read More
Ford Motor said it had temporarily laid off 600 non-striking workers at its assembly plant in Wayne, Michigan, only hours after other employees at the facility had walked off the job early Friday as part of the United Auto Workers’ historic strike against the Big Three automakers. The labor union launched […] Read More
