Culture
TikTok cuts trust and safety jobs in Singapore as part of global layoffs
AT LEAST a dozen TikTok employees in Singapore were let go with immediate effect, as the firm trimmed its back-end teams globally to…
Tag
Jobs
Business
Porsche to cut another 2k jobs in Germany by 2029
Carmaker Porsche is reportedly planning to layoff an additional 1,900 people in Germany by 2029, following a review of an ongoing…
Business
German sports carmaker Porsche to cut 1,900 jobs
The job cuts follow a three-percent fall in deliveries worldwide last year -- driven by a 28-percent drop in China (Daniel ROLAND) Sports…
News
U.S. Hiring Slowed to 143,000 Jobs in January
The pace of hiring slowed slightly in January, signaling more subdued employment growth even as joblessness remained low. A total of…
Culture
US: Wall St muted at open after jobs data
WALL Street’s main indexes opened flat on Friday (Feb 7), as investors expected the Federal Reserve to take a more cautious stance on…
Culture
Malaysia’s Petronas to cut jobs to ensure survival: reports
MALAYSIA’S state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges in the global…
News
Jobs Report Live Updates: Labor Market Expected to Be Strong
Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No major cracks had…
Culture
Gold set for sixth successive weekly gain; US jobs data in focus
GOLD prices steadied on Friday (Feb 7) near record-high levels, and were headed to log their sixth successive weekly gain, as trade war…
News
Friday’s Jobs Report Will Be Confusing. Here’s How to Make Sense of It.
The Labor Department’s latest monthly report on hiring and unemployment will include revisions for previous months that should give a more…
Culture
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
GENERAL Motors (GM) is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and sources…
Culture
Walmart to cut hundreds of jobs, relocate staff to main hubs
WALMART is eliminating some jobs and asking workers to move to central offices in Arkansas or California, continuing the retailer’s push…
Culture
Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel…
Fashion
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its…
Lifestyle
FBI Agents Association urges Congress to protect jobs amid feared purge
The FBI Agents Association (FBIAA), which represents more than 14,000 current and former FBI agents, implored Congress to protect agency…
News
The EPA Just Locked Its Own Employees Out of Doing Their Jobs
Many of these Musk staffers are young people between 19 and 24, such as software engineer Akash Bobba, an undergraduate student at…
Lifestyle
As Trump cuts federal jobs, even national parks are on the chopping block
As the Trump administration rushes to cut spending and eliminate federal jobs, even the people who work at the national parks — among the…
Fashion
HSBC’s payments app closure puts around 400 jobs at risk: source - The Business Times
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from…
Fashion
Greenback firms as strong jobs data support Fed easing pause
THE US dollar rallied on Friday (Jan 10) after data showed that the world’s largest economy created more jobs than expected last month,…
News
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stocks and bonds tumbled on Friday, as investors’ worries over the scale of government borrowing were amplified by signs of stubborn…
News
U.S. Employers Add 256,000 Jobs in December
Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a summer slowdown and an autumn marred by…
Lifestyle
US stocks tumble from jobs report and ongoing inflation fears
U.S. stocks tumbled Friday morning due to December's strong jobs report and ongoing inflation fears. Why It Matters Wall Street set dozens…
News
December Jobs Report: Live Updates
When the Federal Reserve began lowering interest rates in September, inflation was cooling and the job market was showing some troubling…
Culture
Asia: Markets drift lower as US jobs data looms
EQUITIES fell again in Asia on Friday (Jan 10) as traders prepared for the release of US jobs data that could play a key role in the…
Fashion
Wall Street expected to shed 200,000 jobs as AI erodes roles
GLOBAL banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks…