Ginkgo Bioworks to slash jobs - The Boston Globe

After lackluster first-quarter earnings, Ginkgo Bioworks said it will slash labor expenses by at least 25 percent, which will include an unspecified number of job cuts. Read More

Trump wants more skilled tradespeople. His Labor Department is trying to cut off a pipeline of workers

The Labor Department, citing budget deficits and claiming poor results, said that it was halting contracts on the 99 private-contractor-operated sites under its purview. Read More

Ginkgo Bioworks lays off 158 employees, with more to come

On May 9, Ginkgo said it would slash labor costs by at least 25 percent. But the Boston-based cell programming and biosecurity company declined to specify the number of workers who would lose jobs. Read More

Ginkgo Bioworks: Cost-Cutting Efforts Aren't Enough

Ginkgo Bioworks continues to face a challenging demand environment, with the company's exposure to the U.S. government spending a potential vulnerability. Cost-cutting efforts have led to lower ... Read More

Ginkgo job cuts to hit at least 35% of workforce; as many as 400 jobs to be cut - The Business Journals

After beginning companywide layoffs last week, Ginkgo Bioworks Holdings Inc. has now disclosed the scope of its ongoing workforce reduction. Major Boston biotech begins layoffs this week Why are ... Read More

Wendy's, Jersey Mike's franchise owners slash hours, jobs to offset labor costs from California's new $20 minimum wage - New York Post

Wendy’s and Jersey Mike’s franchise owners in California have cut hours and slashed jobs to offset the spike in labor costs caused by the state’s new $20 minimum wage. Read More

Paintmaker Akzo Nobel to Slash 2,000 Jobs in Cost-Cut Drive

Europe’s biggest paint maker Akzo Nobel NV said it will cut 2,000 jobs by the end of next year to improve profitability and reduce costs. Read More

Down 81% in 2024, Is Ginkgo Bioworks Stock Still a Buy? - Yahoo Finance

To say that Ginkgo Bioworks' (NYSE: DNA) stock is in a bit of a rough patch doesn't quite capture it. With the price of its shares down by 81% in 2024 alone, many investors are likely wishing they ... Read More

Ginkgo Bioworks Layoffs Expand to 400 Job Cuts - Markets Insider

Ginkgo Bioworks says it will suffer $12 million in severance and related separation costs as part of its initial job cuts. The company also says it expects labor costs to decrease by 25% after its ... Read More

Wendy’s, Jersey Mike’s franchise owners slash hours, jobs to offset labor costs from California’s new $20 minimum wage

Wendy’s and Jersey Mike’s franchise owners in California have cut hours and slashed jobs to offset the spike in labor costs caused by the state’s new $20 minimum wage. Lawrence Cheng, who ... Read More