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job cuts

  • Public Service Cuts in NZ Already Costing the Government $6 Million
    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, 2024BY Rex Widerstrom
  • Bell CEO, Other Execs Called to Committee to Testify Over Recent Job Cuts
    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, 2024BY The Canadian Press
  • Amazon to Cut a Few Hundred Jobs at Health Care Units
    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, 2024BY Reuters
  • Banks Focus on Staff Cuts, Provisions for Bad Loans in Q4 Ahead of Uncertain 2024
    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, 2023BY The Canadian Press
  • TD Bank Cuts Jobs as Quarterly Results Reflect a Gloomy Economic Picture
    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, 2023BY The Canadian Press
  • CVS to Slash 5,000 Positions in Cost-Cutting Move
    CVS to Slash 5,000 Positions in Cost-Cutting Move
    CVS to cut 5,000 jobs in major restructuring push.
    August 1, 2023BY Bryan Jung
  • Australia’s Largest Telco Announces Hundreds of Job Cuts
    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, 2023BY Alfred Bui
  • George Soros’ Foundation Slashing 40 Percent of Staff
    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, 2023BY Tom Ozimek
  • BT to Cut up to 55,000 Jobs by 2030 Amid Shift to AI
    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, 2023BY Alexander Zhang
  • Major Tech Company to Cut 11,000 Jobs as Part of ‘Turnaround’ Plan
    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, 2023BY Lorenz Duchamps
  • Artificial Intelligence Is Expected to Cut 8,000 Jobs in IBM: CEO
    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, 2023BY Efthymis Oraiopoulos
  • Amazon CEO Says Rising Costs Are a ‘Critical Challenge’ as Inflation Pressures Remain
    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, 2023BY Efthymis Oraiopoulos
  • First-Quarter Job Cuts Jump by Nearly 400 Percent as Companies Struggle With Economic Conditions
    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, 2023BY Naveen Athrappully
  • Qantas Plans Full Throttle Expansion
    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, 2023BY Nina Nguyen
  • NPR Cuts Roughly 10 Percent of Workforce Amid ‘Darkened’ Financial Outlook
    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, 2023BY Lorenz Duchamps
  • Boeing to Slash 2,000 Jobs, ‘Streamlining’ Will Include Work Outsourced to India
    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, 2023BY Naveen Athrappully
  • Dow to Slash 2,000 Jobs as Part of $1 Billion Cost-Savings Plan
    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, 2023BY Lorenz Duchamps
  • Coinbase to Cut a Fifth of Its Workforce in a Second Round of Layoffs
    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, 2023BY Bryan Jung
  • The Year 2023 Could See Mass Layoffs as Tech Job Cuts Soar 649 Percent From 2021
    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, 2023BY Naveen Athrappully
  • US Expected to See More Unemployment and Slower Hiring This Year
    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, 2023BY Naveen Athrappully
  • Goldman CEO Says Jobs Cuts Coming, Jobless Claims Rise in US
    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, 2022BY Naveen Athrappully
  • More Americans May Lose Jobs Around Christmas Time
    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, 2022BY Naveen Athrappully
  • Job Cuts Soar 127 Percent In November Amid Wave of Tech Layoffs
    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, 2022BY Bryan Jung
  • Labor Markets Likely to Stay Tight Despite Recession: Study
    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, 2022BY Naveen Athrappully
  • Tech Job Cuts Accelerate to Near Pandemic-Era Levels
    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, 2022BY Bryan Jung
  • US Job Cuts Hit Highest Level in 20 Months as Downturn Fears Grow
    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, 2022BY Bryan Jung
  • Cracks Emerge in US Labor Market as Job Cuts Surge 46 Percent, Unemployment Claims Jump
    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, 2022BY Tom Ozimek
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    3hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    4hr By Jacki Thrapp and T.J. Muscaro
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    5hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    6hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    8hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    8hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    9hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    13hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    14hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    20hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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