Sentara to lay off 220, including 127 in Virginia
Sentara Health will lay off 220 employees — including 127 in Virginia — as part of a restructuring tied to dropping Medicare Advantage plans.
With the US government dark, alternate sources show a sluggish September for jobs
With official data delayed by the shutdown, alternate reports show a stagnant U.S. job market and support for another Fed rate cut.
Hillsville manufacturer to close, leaving 68 out of work
Parkdale will close its Hillsville plant on Oct. 9, cutting 68 jobs. Company said rising energy costs created unsustainable business model.
Trump administration rehires hundreds of federal employees laid off by DOGE
Hundreds of federal employees laid off from managing government workspaces are being reinstated as Trump retreats from real estate cuts.
Butler Human Services Furniture to close Mecklenburg operations
Butler Human Services will close two Chase City facilities in Mecklenburg County, cutting 51 jobs.
US job openings slip in July, adding to evidence that the American labor market is cooling
Job openings slipped to 7.2M in July, down from 7.4M in June, signaling a cooling labor market as layoffs rose and quits held steady.
Jefferson Lab seeks voluntary 7% workforce reduction
Jefferson Lab Director Jens Dilling confirmed Thursday that the lab wants 7% of its workforce to agree to resign by the end of August.
Wellmore to lay off 72 coal workers in Southwest Virginia
Wellmore Energy will lay off 72 coal workers across operations in Grundy, Hurley, and Big Rock, Virginia, with cuts beginning in early September.
Virginia Beach distributor to close, laying off 104 workers
Virginia Beach-based Atlantic Dominion Distributors is set to close in September, laying off 104 people.
Report: DOGE responsible for nearly 290k job cuts
A Thursday report revealed that United States-based employers have cut more jobs so far this year than in all of 2024.
Microsoft’s annual cloud revenue hits $75B, profit beats expectations
Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier. The Azure cloud business has been a centerpiece of Microsoft’s efforts to shift its focus to artificial intelligence, but until Wednesday the company hadn’t disclosed how much money it makes. The revelation […]
Hampton logistics company closes, laying off 63
Hampton-based delivery company Rochambeau Logistics closed last week, laying off 63 employees in the process.