Tag : labor shortage

Economic downturn hits China's global standing
Business

Economic downturn hits China’s global standing

manamalive.com
Despite meeting its 2023 growth target with a 5.2% increase in real GDP, China has encountered a notable economic setback. For the first time in nearly three decades, its nominal GDP in dollar terms declined,...
Walmart to lay off over 2,000 workers in five states amid tough times ahead
Business

Walmart to lay off over 2,000 workers in five states amid tough times ahead

manamalive.com
Walmart, the largest private employer in the US, is set to lay off more than 2,000 workers from five of its fulfillment centers that cater to online orders. According to WARN filings, the job cuts...