Layoffs have sent waves of concern among workers, making many people wonder what they'd do if they lost their job. According to a recent Federal Reserve report, 24 percent of adults indicated they would have trouble paying monthly bills if they were laid off. So we thought we'd bring in a Wall Street veteran and financial expert for some tips on how to navigate losing your job. Vivian Tu, CEO and founder of Your Rich BFF, joined Cheddar News to break it down.
Some people have a large single stock position from a company they used to work at... but not everyone knows what to do with it. Gina DeRaimo, SVP, Head of The Options Institute at Cboe Global Markets, joins Cheddar News to break down what you can do with large stock positions.
Professional networking platform LinkedIn says it's laying off more than 700 workers and shuttering its China jobs app, in the latest round of tech industry downsizing.
Tyson Foods suffered a surprise loss in the second quarter, something not since 2009, and cut its sales forecast due to the cost of plant closures and layoffs.
