Stephen Karmazyn

Stephen Karmazyn is a writer for Profit Confidential, where he focuses on reporting breaking news in the technology and emerging industries. Throughout his career as a journalist, Karmazyn has written on tech for a variety of publications, including The Financial Post, The Globe and Mail, and The Ottawa Business Journal. He served as the web editor for Techopia, a tech-centered newsblog focused on emerging start-up companies. You can contact Stephen at

Education Inequality Impacts Racialized Minorities in the U.S., Report

Education inequality

Education inequality hurts low-income black and Latino students forced to learn in schools with crumbling walls, old textbooks, and unqualified teachers, a new report from the U.S. Commission on Civil Rights has found. The commission found that education inequality is primarily driven by the fact that schools are mostly funded by state and local tax (more…)

American Greetings Layoffs: Dollar Tree Account Loss to Blame for 150 Job Cuts in Bardstown, KY

American Greetings Layoffs

An American Greetings Corporation, LLC plant in Bardstown, Kentucky is reeling following the loss of a contract with Dollar Tree, Inc. (NASDAQ:DLTR), a brand of discount stores that carries the company’s greeting cards. Due to the loss of the contract, American Greetings layoffs will take place at the plant, numbering well over 100 cuts. These (more…)

Sacramento Layoffs: Molina Sale of Clinics Leaves 95 People Potentially Cut

sacramento layoffs

Molina Medical Management, Inc. plans to implement dozens of Sacramento layoffs, with most of the affected employees transitioning into jobs with Golden Shore Medical. The Sacramento layoffs by Molina will hit employees after the company recently made a deal with Golden Shore. Golden Shore purchased Molina’s 17 clinics in California, prompting the transition and layoffs. Around 300 (more…)