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labor costs

Servers work at a Subway restaurant in Manhattan, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly
Mar 5, 2026

US productivity slows in fourth quarter

U.S. labor productivity growth slowed to 2.8% annualized in Q4 2026, according to the Labor Department, while labor costs rose at a moderate pace.

FILE - A Verizon sign is displayed on a store, Sept. 30, 2025, in Cambridge, Mass. (AP Photo/Charles Krupa, file)
Nov 20, 2025

Verizon to cut 13,000 jobs in major restructuring

Verizon is laying off over 13,000 employees as the company restructures its workforce and cuts costs under new CEO Dan Schulman.

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