Exclusive: Walmart laying off hundreds of US workers at five e-commerce fulfillment centers

Exclusive: Walmart laying off hundreds of US workers at five e-commerce fulfillment centers

NEW YORK, March 23 (Reuters) – Hundreds of workers at five U.S. Walmart facilities that fulfill e-commerce orders are being asked to find jobs within 90 days at other company locations, a spokesperson confirmed to Reuters. About 200 workers at Pedricktown, New Jersey, and hundreds of others at Fort Worth, Texas; Chino, California; Davenport, Florida; … Read more

TikTok says US threatens ban if Chinese owners don’t sell stakes

TikTok says US threatens ban if Chinese owners don't sell stakes

WASHINGTON, March 15 (Reuters) – The Biden administration has demanded that TikTok‚Äôs Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday. The move, first reported by the Wall Street Journal, is the most dramatic in a series of recent steps by U.S. … Read more