EBay Will Cut 4% of Its Workforce

EBay Inc. is cutting about 500 employees — or 4% of its workforce — as the e-commerce company continues to face slower consumer spending after a brief pandemic boom. The reductions are in response to the “macroeconomic situation around the world,” Chief Executive Officer Jamie Iannone said Tuesday in a statement, and are necessary to […]

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A 30% National Sales Tax

A 30% national sales tax? Abolishing the IRS? What the FairTax Act of 2023 would do. There is hardly an area of American life more subject to partisan debate than the tax code. Democrats want to raise taxes. Republicans want to slash them. At least that’s how the well-worn narrative goes. But, in actuality, debate […]

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Jobs Without a Degree?

Georgia Senate advances bill cutting college degree requirements for state jobs GA would join states such as CO and MD in eliminating some degree requirements A Georgia Senate committee is advancing a bill that would instruct an agency to examine qualifications for state government jobs and not require a college degree unless truly necessary. The […]

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Watch Out, Managers: The Job Cuts Are Coming For You Next

Thousands of workers have already gotten pink slips this year, and it seems managers may be next. Companies like Meta and FedEx are paring back managerial jobs; others like Intel are cutting pay. Managers may be an easy target as companies correct course after over hiring in the past few years. Managers, beware: Layoffs have […]

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