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Tech layoffs bleed into 2023. Why companies are firing workers
While last year's labor market was remarkably strong, the tech industry was an exception. After a massive hiring spree in the first two years of the pandemic, industry giants like Amazon and Meta reversed course in 2022. There were at least 154,000 layoffs from more than 1,000 tech companies last year, according to Layoffs.fyi, a website that…
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Snow plow companies struggle amid mild winter in Metro Detroit
For plowing companies, January is the time of year when they make most of their money, but with sunny skies and warmer temps, those Metro Detroit companies are hurting.Business owner Larry Donohue says it’s been a very quiet winter.“I mean, it’s crazy,” said Donohue. “This is the slowest January I’ve ever had. So already, you know, I’m having to…
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Agilent Included in Just Capital’s 2023 List of Most Just Companies
SANTA CLARA, Calif.--(BUSINESS WIRE)--Agilent Technologies Inc. (NYSE: A) is ranked 35 among the top 100 Most JUST companies, the fifth year the company has been included in the annual list by Just Capital and CNBC. Agilent also earned the top ranking in its sector for industry-leading performance regarding treatment of employees,…
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Splunk: A Look At The Company’s Cloud Adoption And Growth (NASDAQ:SPLK)
Khanchit Khirisutchalual/iStock via Getty Images When I wrote this article about Splunk (NASDAQ:SPLK) I cautioned investors about the long turnaround for cloud adoption and the short-term challenges for the business. It has been a bumpy ride since then, but Splunk has been putting in solid revenue growth, and the recent selloff brought about…
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OSRAM Licht AG’s (HMSE:OSR) largest shareholders are public companies with 80% ownership,
Key Insights Significant control over OSRAM Licht by public companies implies that this group likely has considerable sway over management and governance-related decisions 80% of the company is held by a single shareholder (ams-OSRAM AG) Ownership research, combined with past performance data can help provide a good understanding of…
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Why do companies flush with cash still carry debt?
This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands?…
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Google, Bain & Company make Glassdoor Best Places to Work since 2009
For the last 15 years, Glassdoor has recognized the best places to work in the U.S. and four other countries with its annual Employees' Choice Awards. And since the awards began in 2009, only two companies have made the cut every year: Bain & Company and Google.This year, Bain & Company ranked third on the Best Places to Work list,…
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Kombucha companies using locally grown fruits for flavoring – Agweek
There's a demand from consumers in southeast Minnesota for locally-made kombucha, which is a mixture of tea fermented with strains of bacteria, yeast and sugar. Two companies are cashing in on that demand, and utilizing products made by local farms in the process.
According to the Mayo Clinic, kombucha is a…
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Tow companies getting reimbursed by Erie County for removing cars in blizzard
SOUTH BUFFALO, N.Y. (WKBW) — During the blizzard hundreds of abandoned vehicles were towed out of ditches, or from feet of snow in the middle of the road, but most of them have since been claimed by their owners.According to the City of Buffalo's Parking Enforcement there are no current reports of unclaimed cars, out of the more than 300 cars…
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