After Friday’s jobs report shocker, it’s hard to imagine a bigger event than Federal Reserve Chairman Jerome Powell’s press ...
Release May 14 - Bayer: German pharma Bayer is cutting 1,500 jobs across the ... Story May 7 - Kenvue: The company's board of directors approved a plan to cut 4% of its global workforce as a ...
a better-than-expected tally that will challenge market bets on a near-term interest-rate cut from the Federal Reserve. The Bureau of Labor Statistics said that a net 272,000 new jobs were created ...
The move comes as part of the president's ongoing strategy to cut public spending and reduce the national deficit. As a result, public employees rejected the measure and some of the largest ...
The move comes as part of the president's ongoing strategy to cut public spending and reduce the national deficit. As a result, public employees rejected the measure and some of the largest ...
Shell plc SHEL, the British oil and gas giant, has disclosed its plans to cut jobs in the offshore wind division. The decision, which came after Shell’s CEO Wael Sawan took over, is aimed at ...
opens new tab wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its workforce, the unit's Chief Executive Jochen Eickholt said in an internal letter to staff ...
The US added 272,000 jobs in May, blowing past consensus estimates by a wide margin. The red-hot data all but eliminates the possibility of a July interest-rate cut. Some analysts are questioning ...
If that's been the practice at your place of work, but suddenly your employer is refusing to spend any money on business travel, perhaps it's trying to cut spending due to financial issues.
US stocks ended Friday slightly lower but finished the week higher by more than 1% following a May jobs report that came in much hotter than expected. Data showed 272,000 jobs were added to the ...
In January 2024, Microsoft cut 1,900 jobs, primarily from Activision-Blizzard. Furthermore, Microsoft eliminated 10,000 jobs across its engineering and human resources divisions in January 2023.
Ola Electric is set to lay off 400-500 employees in the coming weeks as founder Bhavish Aggarwal intensifies efforts to cut operating costs ahead of its initial public offering (IPO), a media report ...