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Oregon Business News
Oregon Business News and Local Stories.
Wells Fargo Cuts 50 Jobs in Downtown Portland as Layoffs Continue Across Oregon
In the latest round of layoffs, the multinational financial services company Wells Fargo laid off 50 workers from its downtown Portland office, primarily from the Financial Crimes Division.
According to Wells Fargo, the company is…
Amazon Strikes Deal To Power Oregon Data Centers With New Solar Project
Iberdrola Group’s Avangrid, Inc., a leading energy company, has signed an agreement with Amazon to produce power for its data centers through the new Oregon Trail Solar 57 MWdc (41 MWac) project in Gilliam County, Oregon. The project is…
FAA Says Portland 737 MAX Blowout Exposed Hundreds of Boeing Safety Violations
On Friday, the Federal Aviation Administration (FAA) proposed a $3.1 million fine for Boeing over the Alaska Airlines 737 MAX panel blowout on a flight that took off from Portland last year and other safety violations.
Aircraft…
Study Finds Portland Employees Among the Most Overworked in the U.S.
PORTLAND, Ore. — Portland employees are ranked 15th for the highest overtime rate per 10,000 workers in the U.S.
This is revealed in a study by Priority Software of the 100 most populated cities in the country, which identified El Paso,…
Oregon Wood Products Company Fined $250,000 for Repeated Toxic Chemical Discharges Into Waterways
After pleading guilty to multiple counts of water pollution by discharging pentachlorophenol unlawfully, the wood products manufacturer Stella-Jones Corporation was handed a stiff fine and ordered to clean up the affected area.
The…
Oregon Employers Warned as AI ‘Frankencandidates’ Use Deepfakes and Fake Resumes to Land Jobs
In a world full of bots, hiring a real human is something one can no longer take for granted. This is the ominous warning by an expert reacting to the AI bot surge in the Oregon job market.
‘Frankencandidates’ Use AI to Generate…
Oregon Remote Workers Risk Being Passed Over for Promotions, Career Expert Warns
A career expert cautions Oregon’s remote workers who have fully embraced the benefits of remote work that there are risks, including the risk of missing out on being promoted.
Oregon Remote Workers Could Be Missing Out On Getting…
Intel’s Oregon Workforce Hit Hard as Layoffs Surge Past 2,000 Despite $260M in Tax Breaks
Following the unsettling news last week that the Intel Corporation planned to lay off over 500 workers, the tech giant later indicated that the number is about 4.5 times this, as almost 2,400 Intel workers will be laid off in Oregon.…
Tech Shock in Oregon as Massive Intel Job Cuts Hit Hillsboro and Aloha Campuses
The Intel Corporation announced yesterday that over 500 employees in Oregon will be laid off, with the first round of terminations slated to happen over 12 days, starting July 15.
The Tech giant said 523 employees at four facilities in…
These Oregon Small Towns Are the First to Reveal Financial Strain Before the State’s Economy Shifts
While Wall Street watches global markets as an indicator of economic stress, businesses on the main streets of small, local communities watch grocery bills and gas pump prices. They are the precursors of financial change.
To uncover the…