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job cuts
Public Service Cuts in NZ Already Costing the Government $6 Million
Over 2,000 people have lost their jobs in New Zealand's public sector, and the cuts are set to continue.
April 16, 2024
BY
Rex Widerstrom
Bell CEO, Other Execs Called to Committee to Testify Over Recent Job Cuts
Members of Parliament have invited several top executives from BCE Inc. and Bell Canada to testify later this ...
February 14, 2024
BY
The Canadian Press
Amazon to Cut a Few Hundred Jobs at Health Care Units
Amazon.com will cut a few hundred jobs across its health care units, Amazon Healthcare Services executive Neil Lindsay ...
February 6, 2024
BY
Reuters
Banks Focus on Staff Cuts, Provisions for Bad Loans in Q4 Ahead of Uncertain 2024
Fewer employees and more money set aside for bad loans were two of the dominant themes of Canadian ...
December 1, 2023
BY
The Canadian Press
TD Bank Cuts Jobs as Quarterly Results Reflect a Gloomy Economic Picture
TD Bank Group said it's cutting three percent of staff and setting more money aside for souring loans ...
December 1, 2023
BY
The Canadian Press
CVS to Slash 5,000 Positions in Cost-Cutting Move
CVS to cut 5,000 jobs in major restructuring push.
August 1, 2023
BY
Bryan Jung
Australia’s Largest Telco Announces Hundreds of Job Cuts
Australian telco giant Telstra has started a new round of job cuts as the company progresses with its ...
July 20, 2023
BY
Alfred Bui
George Soros’ Foundation Slashing 40 Percent of Staff
George Soros' foundation, which is now controlled by the billionaire activist's son, plans to cut 40 percent of ...
July 1, 2023
BY
Tom Ozimek
BT to Cut up to 55,000 Jobs by 2030 Amid Shift to AI
The UK's largest broadband and mobile provider will cut up to 55,000 jobs—more than 40 percent of its ...
May 18, 2023
BY
Alexander Zhang
Major Tech Company to Cut 11,000 Jobs as Part of ‘Turnaround’ Plan
Vodafone, one of the world's largest telecommunications services, has become the latest tech company to announce mass layoffs ...
May 16, 2023
BY
Lorenz Duchamps
Artificial Intelligence Is Expected to Cut 8,000 Jobs in IBM: CEO
International Business Machines Corp. expects to pause hiring for roles as roughly 7,800 jobs could be replaced by ...
May 4, 2023
BY
Efthymis Oraiopoulos
Amazon CEO Says Rising Costs Are a ‘Critical Challenge’ as Inflation Pressures Remain
Despite a past year full of challenges, Amazon’s CEO said he is optimistic for the future and that ...
April 14, 2023
BY
Efthymis Oraiopoulos
First-Quarter Job Cuts Jump by Nearly 400 Percent as Companies Struggle With Economic Conditions
Jobs cuts about quadrupled during the first quarter, registering the highest first-quarter cuts since 2020, according to data ...
April 6, 2023
BY
Naveen Athrappully
Qantas Plans Full Throttle Expansion
Australia's largest domestic and international airline will hire more than 30,000 frontline workers over the next 10 years, ...
March 2, 2023
BY
Nina Nguyen
NPR Cuts Roughly 10 Percent of Workforce Amid ‘Darkened’ Financial Outlook
The National Public Radio (NPR) is cutting roughly 10 percent of its current workforce as the network's financial ...
February 24, 2023
BY
Lorenz Duchamps
Boeing to Slash 2,000 Jobs, ‘Streamlining’ Will Include Work Outsourced to India
American aviation firm Boeing intends to lay off two thousand jobs this year as part of a reduction ...
February 7, 2023
BY
Naveen Athrappully
Dow to Slash 2,000 Jobs as Part of $1 Billion Cost-Savings Plan
Dow Inc., a Michigan-based material science company, announced today that approximately 2,000 jobs will be cut globally as ...
January 26, 2023
BY
Lorenz Duchamps
Coinbase to Cut a Fifth of Its Workforce in a Second Round of Layoffs
Coinbase will be cutting a fifth of its workforce following an earlier staff reduction in June 2022 in ...
January 12, 2023
BY
Bryan Jung
The Year 2023 Could See Mass Layoffs as Tech Job Cuts Soar 649 Percent From 2021
Tech companies laid off a large number of employees in 2022, with firms seemingly set to terminate even ...
January 5, 2023
BY
Naveen Athrappully
US Expected to See More Unemployment and Slower Hiring This Year
The unemployment rate in the United States is set to worsen further as businesses are predicted to add ...
January 5, 2023
BY
Naveen Athrappully
Goldman CEO Says Jobs Cuts Coming, Jobless Claims Rise in US
Goldman CEO David Solomon admitted that the bank is planning to cut jobs due to economic reasons—a decision ...
December 30, 2022
BY
Naveen Athrappully
More Americans May Lose Jobs Around Christmas Time
The trend of rising job cuts seen in the past few months could accelerate in December and January, ...
December 17, 2022
BY
Naveen Athrappully
Job Cuts Soar 127 Percent In November Amid Wave of Tech Layoffs
The rate of job cuts in the United States soared 127 percent in November, amid a wave of ...
December 1, 2022
BY
Bryan Jung
Labor Markets Likely to Stay Tight Despite Recession: Study
Even if an economic downturn were to materialize, labor markets will likely remain tight and companies will find ...
November 17, 2022
BY
Naveen Athrappully
Tech Job Cuts Accelerate to Near Pandemic-Era Levels
Job cuts in the tech sector have accelerated close to levels last seen in the first months of ...
November 9, 2022
BY
Bryan Jung
US Job Cuts Hit Highest Level in 20 Months as Downturn Fears Grow
Despite a strong jobs market report earlier this week, October saw the largest amount of monthly job cuts ...
November 3, 2022
BY
Bryan Jung
Cracks Emerge in US Labor Market as Job Cuts Surge 46 Percent, Unemployment Claims Jump
More signs of weakness have surfaced in the U.S. labor market as a government report showed jobless claims ...
October 6, 2022
BY
Tom Ozimek
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
3hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
4hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
5hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
6hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
8hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
8hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
9hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
13hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
14hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
20hr
By
Melanie Sun