Economics ❯ Labor Market ❯ Employment Trends ❯ Layoffs

Job Creation

Ford Takes Over Kentucky Battery Plant, Cuts 1,600 Jobs as Site Shifts to Energy Storage

State officials are reviewing a $250 million incentive deal after Ford ended its SK On venture, pivoting the Glendale complex to energy storage.

U.S. October Layoff Announcements Hit 22-Year High, Topping 153,000