From tech to financial services: Layoffs and job cuts in 2025
RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries. From tech to retail, media and finance, major…
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EXCLUSIVE: Nordstrom Creates ‘Director of Luxury Styling’ Post and Taps Popular Neiman’s Exec for the Job
Nordstrom Inc. has a new weapon in its service arsenal. Catherine Bloom, a veteran Neiman Marcus personal stylist for Hollywood stars, boardroom execs and elites from around the world, has…
India’s Bhanushali Studios Taps Sony Veteran Neeraj Vyas for Top Job (EXCLUSIVE)
In a major move that signals its ambitious expansion plans, Mumbai-based Bhanushali Studios Ltd. has named entertainment industry veteran Neeraj Vyas as its new CEO, bringing aboard an…
Federal Worker Drops Bombshell: Elon Musk's Visit Led to 50% Job Cuts and Secret Takeover!
A video of a federal worker sharing his experience after Elon Musk's visit to his agency has gone viral, sparking a heated debate about federal job security. The footage, taken at a town…
Job seekers: Here are 5 steps to take before you apply
Ethan Bernstein is a professor of business administration in the Organizational Behavior unit at the Harvard Business School. He spent five years at The Boston Consulting Group and two…
U.S. job market looks uncertain, despite decent growth at start of 2025
The U.S. labor market probably started 2025 the way it spent most of last year: generating decent, but unspectacular, job growth. When the Labor Department releases January employment…
The Estée Lauder Cos. Announces More Job Cuts
The Estée Lauder Cos. is more than doubling the number of employees it plans to lay off as parts of its profit recovery plan. As the company’s sales fell 6 percent in the second quarter,…
'Get on it AY-sep!' Foreign words have invaded Korea. The government is fighting back
SEOUL — Kim Hyeong-bae, a South Korean linguist, had a problem: how to translate the word “deepfake” into Korean. A senior researcher at the National Institute of Korean Language, a…
As Trump cuts federal jobs, even national parks are on the chopping block
As the Trump administration rushes to cut spending and eliminate federal jobs, even the people who work at the national parks — among the country’s most beloved and least politicized…
Nissan plans job, output cuts at Mississippi, Tennessee plants
NISSAN Motor is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to align its output with lower sales volumes as it mulls…
Former Second Gentleman Doug Emhoff will split time between L.A. and New York in new legal job
WASHINGTON — Questions about former Vice President Kamala Harris’ plans have swirled since she lost her presidential bid — notably about whether the former California senator and attorney…
California's growing need for caregivers could collide with a crackdown on immigrants
President Trump’s plans to overhaul immigration could reduce the ranks of workers who care for elderly and disabled people at home and in long-term care facilities as California and the…
Starbucks CEO made US$96 million in first four months on the job
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest compensation packages in corporate America. About 94 per…
CNN eyes 200 job cuts, streaming overhaul
US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of staffing and programming amid a deluge of political…
UBS CEO signals job cuts will continue in quest to lower costs
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse. The Swiss lender seeks to shed another US$5.5…
Sen. Amy Klobuchar says she used her access to nudge Trump on L.A. wildfire recovery
WASHINGTON — Democratic Sen. Amy Klobuchar of Minnesota, the chief of the inaugural transition, acknowledged the difficulty of overseeing the handoff of power to President Trump in the…
Jimmy Carter and the sad saga of a 9-ton Northern California peanut
In the spring of 1977, President Jimmy Carter, the former peanut farmer who had just taken office, was offered a big gift — if you can call it that — from the misty Northern California…
How Jimmy Carter lost his job and found his mission: a personal remembrance
As the media has been blanketed with well-deserved praise for President Jimmy Carter's noble life, it feels as though everything has now been said... but perhaps just not yet by everybody.…
Layoffs and job cuts in Singapore in 2024
RETRENCHMENT and unemployment in Singapore eased in the third quarter, but the current quarter posted some prominent layoffs. From the beverage sector to consumer electronics and…
Opinion: California ruled with great jobs and boom times. What happened?
Gov. Gavin Newsom’s constant reminders that California’s economy ”leads the nation” as well as being a model for social justice are delusional. To be sure, California has a huge GDP, paced…
On a quest for global domination, Chinese EV makers are upending Thailand's auto industry
BANGKOK — Japanese car factories in Thailand — which for decades has been the premiere hub of auto manufacturing in Southeast Asia — are shutting down or scaling back. Subaru said it will…
Column: Trump's promised deportations are on a collision course with a California economy built on hypocrisy
This country has always had a hypocritical relationship with the undocumented workers who keep America’s agricultural, construction and hospitality industries humming. On one hand, we…
Millennial woman laid off from tech job, not prepared for what dad does
When Diana Trinh was laid off from her corporate marketing job in tech, she found herself working for minimum wage at her local Applebee's as a host. In a video on TikTok filmed in 2023,…
Transgender people working in U.S. government see peril under Trump
WASHINGTON — The Air Force lieutenant colonel left the Pentagon one day and returned the next — with a new name and a new gender identity. Bree Fram remembers the atmosphere in 2020 as…