layoffs

A former top corporate executive warned that the economy doesn’t appear to be on a fast path to recovery.

News of the job cuts comes on the same day the company revealed impressive financial results.

Layoffs at the online payments system company come as more than 28,000 other jobs have been cut by tech firms already this year.

Intel recently laid off 311 employees across two campuses in California, 235 from Folsom and 76 from its headquarters in Santa Clara.

Goldman Sachs lays off workers and Walmart cuts pay in changing U.S. labor market.