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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…
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.…
Homeland Security's citizenship agency said Thursday it is slashing the standard validity period of work permits issued to migrants from 5 years to 18 months in many cases, saying the…
Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial intelligence reshape the country’s US$280 billion IT…
The Trump administration slashed more than 500 jobs at the Voice of America, a potentially fatal blow to the government media outlet repeatedly gutted by funding cuts. Source link
During a Thursday CNN appearance, Daskalakis advised senators to ask Kennedy at his appearance before the Senate Finance Committee next week: “Has he been ever briefed by a CDC expert on…
Through buyouts and firings, the administration has already slashed the IRS's workforce by nearly 26,000 people, marking a 25% reduction in staffing as President Trump works to erase…
Rural hospitals in the U.S. already operate on a razor’s edge, but new cuts to Medicaid in the Republican appropriations bill could tip many of them into failure. The Republican megabill…
President Donald Trump’s efforts to coax wary House Republicans off the fence to support his “big, beautiful bill” have seemingly succeeded, as GOP leaders say the president’s centerpiece…
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio for banks as muted…
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President Donald Trump’s tariff war, as it almost halved its…
BYD led Chinese electric vehicle stocks lower in Hong Kong on Monday (May 26), as investors digested the auto giant’s sweeping price cuts of as much as 34 per cent late last week. Shares…
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so far from President…
Southwest Airlines has announced that it will lay off 15% of its employees in an effort to reduce costs and maximize its efficiencies. Here’s what you need to know about Southwest’s…
CITIGROUP is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on Tuesday…
Representative Image: BloombergCommons 3 min read Last Updated : Oct 02 2024 | 8:34 AM IST Peak XV Partners, formerly part of Sequoia Capital, is reducing its latest growth fund by $465…
Poland's electoral commission on Thursday announced cuts to the conservative Law and Justice (PiS) party's subsidies after ruling it misused public funds to finance its campaign before the…
