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Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday (Feb 18), hurt by weak commodity prices, and said that it would reduce…
new video loaded: The Hidden Number Driving U.S. Job Growth After a year of just 181,000 new jobs, January’s 131,000 increase in the U.S. workforce was surprisingly positive. Ben…
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025 Danish shipping company Maersk plans to cut jobs and…
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcount Boeing is eliminating about 300 supply chain jobs from its defence division,…
If you’re a CEO, entrepreneur, recruiter, or hiring manager, you know how important it is to hire the right people for the right roles. But hiring the right people for the right roles goes…
Results are due from about one-quarter of S&P 500 companies including Alphabet, Amazon, Lilly Another huge batch of corporate earnings including from megacaps Alphabet and Amazon…
The fitness technology company joins a slew of other tech companies that have recently slashed their workforces Peloton Interactive, the long-struggling fitness technology…
PARIS — The cost of maintaining production capacities and jobs without asking for subsidies for reduced hours is clear at the Swatch Group, which published 2025 figures on Friday. The…
Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025 on sales of 32.7 billion euros fueled by AI-driven demand, the company…
It’s been a brutal week when it comes to layoffs. On Monday, shoe giant Nike announced it would lay off 775 employees, and on Tuesday, Pinterest announced it would lay off around 15% of…
The job cuts also underscore how artificial intelligence is changing corporate workforce dynamics Amazon said on Wednesday (Jan 28) it was cutting 16,000 jobs worldwide in the…
Nike isn’t the only household corporate name to announce significant layoffs this week. Just a day after the sporting goods giant announced layoffs, citing a further embrace of automation,…
United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions as the delivery giant looks to accelerate…
America’s most iconic shoe giant is starting 2026 by laying off workers. Nike has confirmed that it will lay off 775 employees in the United States. The move marks the third year in a row…
This brings the company’s total investments in Singapore to around US$60 billion Semiconductor giant Micron Technology broke ground on Tuesday (Jan 27) morning on an advanced wafer…
is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and accelerate its use of automation.…
Nike is cutting approximately 775 jobs as it aims to consolidate its U.S. distribution center operations across facilities in Tennessee and Mississippi. In a statement sent to FN on…
Autodesk, Inc. announced Thursday it plans to lay off about 1,000 employees, largely in sales roles. The announcement comes just a week after another tech company, Meta, announced it would…
The Australian dollar hit 15-month highs on Thursday as an apparent easing in US-European tensions soothed risk sentiment, while a strong set of domestic jobs data narrowed the…
In March 1976, Apple cofounders Steve Jobs and Steve Wozniak both signed a $500 check weeks before the official creation of a California company that would transform personal computing and…
BlackRock is cutting hundreds of jobs across the company, becoming the latest Wall Street firm to rein in headcount in recent weeks. The cuts total about 1 per cent of BlackRock’s global…
CITIGROUP is set to cut about 1,000 jobs this week as part of chief executive Jane Fraser’s march to keep a lid on costs and improve returns at the Wall Street bank. The company, which had…
OpenAI is asking third-party contractors to upload real assignments and tasks from their current or previous workplaces so that it can use the data to evaluate the performance of its…
Donald Trump’s so-called “Golden Age” is seriously screwing American workers, according to the latest jobs report. The U.S. economy added just 50,000 jobs in December, according to the…
