Furniture

Opinion: Zuckerberg and Intel are shipping the proceeds of their layoffs straight to Wall Street

For years, Wall Street has complained about Silicon Valley’s refusal to pay dividends and buy back shares as tech companies become cash-generating machines. That’s no longer a problem, even though these tech companies are generating less profit than they did in previous years. In fact, some tech companies are essentially paying Wall Street even though …

Opinion: Zuckerberg and Intel are shipping the proceeds of their layoffs straight to Wall Street Read More »

United Furniture Industries, a Mississippi-based furniture company, is laying off 2,700 workers via text and email

Days before Thanksgiving, a Mississippi-based furniture company laid off 2,700 workers across the country — via text and email — while many of them slept. United Furniture Industries has laid off nearly all of its workforce in the state, as well as employees in North Carolina and California, and in a blow, cut employee health …

United Furniture Industries, a Mississippi-based furniture company, is laying off 2,700 workers via text and email Read More »