Citigroup plans to eliminate 20,000 jobs over the next two years, following a $1.8 billion loss in the latest quarter after taking some one-off charges. The company will cut its global workforce of 239,000 by about 8% through 2026, including layoffs from the broad reorganization. The lender also…
USCIS to Launch Organizational Accounts, Enabling Online Collaboration and Submission of H-1B Registrations
U.S. Citizenship and Immigration Services has announced the upcoming launch of a package of customer experience improvements for H-1B cap season. USCIS will launch organizational accounts for noncap filings and the fiscal year 2025 H-1B cap season. The introduction of organizational accounts will…
IRS Provides Initial Guidance to Employers Setting Up Emergency Savings Accounts for Their Employees
Initial guidance released by the U.S. Internal Revenue Service aims to help employers implement pension-linked emergency savings accounts, which were authorized under the SECURE 2.0 Act of 2022. Employers can offer PLESAs in plan years…
Reminder for New Jersey Employers: Review Employment Law Updates and Poster Requirements for 2024
New Jersey employers should be aware of their obligations to post certain posters in the workplace. These include posters advising employees of their rights under the Conscientious Employee Protection Act, the New Jersey Law Against Discrimination, the New Jersey Family Leave Insurance Law, New…
OSHA Civil Penalty Amounts Adjusted for 2024
The U.S. Department of Labor has announced changes to U.S. Occupational Safety and Health Administration civil penalty amounts based on cost-of-living adjustments for 2024. The new penalty amounts will become effective Jan. 16, 2024. OSHA’s maximum penalties for serious and other-than-serious…
Network in Your Niche During ASA Virtual Networking Calls Happening This Month
As your staffing firm faces evolving challenges and tries to answer unexpected questions, are you dealing with questions that are specific to your sector of the staffing industry? Get insight from industry peers during a peer networking call where you can discuss top-of-mind challenges and devise solutions. Calls are facilitated by volunteers from ASA (participants…
Get Free Staffing Employment and Sales Data—ASA Quarterly Survey Now Open
The association’s quarterly Staffing Employment and Sales Survey for the fourth quarter of 2023 is now open. Staffing companies that complete the brief survey by Feb. 23—including search and placement firms—will have access to an exclusive report on the results, enhanced with graphs. The report, which participants can download from the ASA website, also includes…
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 27,000 staffing professional profiles and countless ongoing industry conversations. This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central: Calculating gross margins Interview questions to ask when hiring a recruiter New York’s Secure…
2023 Seasonal Hiring Final Report: Retailers Staff Up but Transportation and Warehousing Employment Falls
U.S. retailers added 119,700 jobs in December, up from the 102,400 jobs added in the same month of the previous year, according to an analysis of nonseasonally adjusted U.S. Bureau of Labor Statistics data by Challenger, Gray & Christmas Inc. This brings the total for the holiday season to…
Amazon Laying off Hundreds in Prime Video, Studios in Latest Cuts
Amazon.com Inc. is laying off hundreds of employees in its Prime Video and studios business, the company told employees Wednesday in an email. Amazon held rolling layoffs in late 2022 and early 2023 that ultimately totaled more than 27,000 employees as the company looked to cut costs after…
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