You Searched For "Job cuts" and got 18 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
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
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
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
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
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
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
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
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
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
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
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.…
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
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
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
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
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
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…