Tag Archives: Walsh

U.S. Labor Secretary Marty Walsh is keeping a close eye on layoffs in the tech sector, including Elon Musk’s chaotic overhaul at Twitter. “As far as Twitter, that’s a whole different situation [than the broader tech layoffs],” Walsh said on Yahoo Finance Live (video above). “I don’t know enough about it, but I think that’s Elon Musk looking at the business model. I am sure at some point that will fix itself out as it moves forward.” To be sure, Musk’s changes to Twitter are moving forward this… Source link

Interim Starbucks CEO Howard Schultz needs to do a better job embracing the labor union movement infiltrating his stores even if it pains him to do so, suggests U.S. Labor Secretary Marty Walsh. “I think he is going to have to invest in all of his workforce — he can’t just not invest in the dozen shops that are organized, it’s not a good business model,” Walsh said on Yahoo Finance Live (video above). “By investing in employees, I commend him for that and for investing in their salaries. I… Source link

Is there a budding bromance between Tesla CEO and U.S. Labor Secretary Walsh? We wouldn’t go that far, but at least the two global influencers met at last. Musk gave Walsh a tour of Tesla’s new Gigafactory in March. The tour came after Walsh said on Yahoo Finance Live he welcomed a call from the EV titan. “We had a good conversation,” Walsh said on Yahoo Finance Live. The meeting marks the first public olive branch by the Biden administration to connect with the outspoken Musk, which is fresh… Source link

U.S. Labor Secretary Marty Walsh is giving a thumbs up to the May jobs report, but acknowledges it will take some time for the labor market to fully recover from the COVID-19 pandemic.  “There is no question there is still a ways to go in still dealing with the pandemic from all of the job loss at the beginning of the pandemic,” Walsh said on Yahoo Finance Live.  The Labor Department reported Friday that non-farm payrolls increased by 559,000, falling shy of Wall Street’s estimates for a… Source link

The most decorated beach volleyball player of all time will not be part of this summer’s Tokyo Olympics. An upset loss at a tournament in the Czech Republic on Wednesday doomed Kerri Walsh Jennings’ bid to reach her sixth Olympics at age 42. Walsh Jennings and partner Brooke Sweat needed to finish third or better at the J&T Banka Ostrava Beach Open to keep hope alive of qualifying for Tokyo. They instead failed to even make it into the main draw, falling to unheralded Raisa Schoon and… Source link