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You Searched For "Job cuts" and got 20 results


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1 min read

Ola Electric cuts 500 jobs across verticals

"It has been going on for some time now, starting around July. It has been a gradual process of…

PTI   


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1 min read

Boeing announces global job cuts in the middle of workers’ strike, 17,000 people could lose their jobs

Boeing is cutting 17,000 jobs, or 10% of its workforce, amid a strike by 33,000 U.S. workers haltin…

Business Insider Latest Story Image
2 mins read

Parts supplier cuts thousands of jobs as Germany's auto woes deepen

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…

Tom Carter   


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2 mins read

Elon Musk's DOGE is looking for people to help cut government spending. But is he offering a real job? And is it paid?

Elon Musk's Department of Government Efficiency is looking for people to join — but it's not clear …

Grace Eliza Goodwin   


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1 min read

Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs

Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and c…

Tom Carter   


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1 min read

Boeing is raising $10 billion as it deals with striking workers and thousands of job cuts

Boeing announced it has entered a credit agreement with four banks to raise $10 billion as a mass s…

Pete Syme   


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2 mins read

US stocks rally as big jobs-report miss fuels rate-cut hopes, Amazon soars

The weak jobs data was driven by hurricanes and labor strikes. Investors were encouraged that the r…

Matthew Fox   


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4 mins read

Meta layoffs are the latest sign that constant job cuts are the new Big Tech normal

Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. Yet these re…

Tim Paradis   


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1 min read

Dell's job cuts aren't over yet

The company said in an SEC filing on Tuesday that it plans to limit external hiring and reorganize …

Nora Redmond   


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2 mins read

Stock market today: Indexes jump as Amazon lifts tech and jobs data boosts rate-cut views

"The Fed will likely cut rates in the remaining two meetings as economic conditions weakened," LPL …

Matthew Fox   


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2 mins read

'We are nothing but numbers to them, fat to be trimmed off': General Motors employee reacts to layoffs

A General Motors employee took to LinkedIn and shared his experience of getting laid off. He reveal…

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2 mins read

The September jobs report dashed hopes for another jumbo rate cut next month

Odds of a 50-basis-point cut in November dropped from 33% before the jobs report to about 9% in a m…

Filip De Mott   


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4 mins read

Love him or loathe him, Elon Musk is a champion of efficiency and could save the US government a fortune

Elon Musk will lead a new department to make the US government more efficient. He plans to cut spen…

PTI   


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1 min read

The Fed could pause rate cuts at its meeting next week if the October jobs report is hot, Wharton professor Jeremy Siegel says

The Fed could pause rate cuts if the October jobs report is hot, Siegel said. The September report …

Jennifer Sor   


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6 mins read

Tech jobs are mired in a recession

White-collar hiring is in a huge slump. According to new data, HR, marketing, and tech jobs are get…

Aki Ito   


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2 mins read

Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut

Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …

Filip De Mott   


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2 mins read

Microsoft job cuts continue, company lays off hundreds of employees in Xbox gaming division

Microsoft has announced layoffs in its Xbox gaming division, affecting corporate and support roles.…

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5 mins read

Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut

The spotlight is on earnings season after a surprise jobs report called into question when the next…

Dan DeFrancesco   


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2 mins read

The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says

The ratio of job openings to the unemployment rate has plummeted over the past year, top economist …

Jennifer Sor   


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5 mins read

US economy's fate hangs on jobs report as Fed decides how deep cuts will go

Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…

Dan DeFrancesco