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Workforce

Companies are avoiding hard layoffs but still cutting jobs by reassigning employees to different roles — a trend dubbed "quiet cutting," The Wall Street Journal reported Aug. 27. 

Eighty-one percent of the full-time workforce supports a four-day workweek — and most of them would sacrifice something for it, according to an Aug. 23 survey from Bankrate. 

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CVS Health said Aug. 1 that it is eliminating 5,000 "non-customer-facing positions" across the company. According to WARN documents filed in August, those layoffs are taking place across at least nine states.

Workers are heading to Florida and Texas — including the young and wealthy, according to an Aug. 9 analysis. 

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