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1 min read

Harley-Davidson exits India as a part of its global restructuring plan

The American motorcycle manufacturer known to have survived the 1930s Great Depression couldn’t hol…

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1 min read

IBM lays off 'thousands' of employees globally as Covid-19 hits business

Arvind Krishna-led tech giant IBM has joined the league of companies who have started firing employ…

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3 mins read

Hilton just laid off its VP of global diversity at a time when Americans are demanding corporate action to fight systemic racism

Jon Muñoz's departure comes as many Americans are calling for corporations to take accountability f…

Allana Akhtar   


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2 mins read

Sarah Al-Arshani   


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2 mins read

Global banks are cutting 30,000 jobs this year. It's a sign the banking crisis is only getting worse.

Citigroup's challenges look to be the trend across global banking. Bloomberg reported that in the l…

Yusuf Khan   


Matthew DeBord   


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3 mins read

The world's working-age population is set for a slowdown - here's what that could mean for the global economy

Not everyone agrees that changing demographics will significantly impact global growth. The America…

Gina Heeb   


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1 min read

Manufacturing jobs in India grew by 200 percent in last 2 years, says Piyush Goyal

On completing 10 years of the 'Make in India' initiative, Union Commerce and Industry minister Piyu…

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4 mins read

Dell's sudden 5-day return-to-office order leaves parents scrambling to find childcare

Dell told sales staff to be in the office every day with just two working days notice, and to use P…

Polly Thompson   


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5 mins read

Why are so many North American and European countries restricting immigrants?

Canada and Australia have implemented new immigration restrictions affecting low-wage workers and i…

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4 mins read

What Americans say they want on climate versus what Biden and Trump are offering

Trump says he'd "drill, baby, drill" for fossil fuels that are causing the climate crisis. Biden wa…

Catherine Boudreau   


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1 min read

Careers site Indeed to lay off 1,000 workers

In a memo to employees, CEO Chris Hyams took responsibility for "how we got here" but also cited a …

Dominick Reuter,Alyshia Hull   


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1 min read

Elon Musk wanted Tesla to slash its headcount by 20% because its quarterly vehicle deliveries fell by that much, Bloomberg source says

Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in "duplication of r…

Kwan Wei Kevin Tan   


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2 mins read

Tesla layoffs have reportedly also hit its international offices

Tesla's layoff plans may not be confined to the US, with Reuters reporting jobcuts in China too, a …

Grace Kay   


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2 mins read

Tesla sends out another wave of layoff notices as employees enter 4th week of job cuts

Elon Musk continues to cut deeper at Tesla. Multiple workers told BI that Tesla cut even more staff…

Grace Kay   


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1 min read

Tesla stock drops as Elon Musk reportedly announces hundreds more layoffs including senior execs

The drop pared some of the gains from Monday's session, which saw the stock jump on optimism around…

Yuheng Zhan   


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6 mins read

Why so many men in the US have stopped working

Men aren't working at the same rate they did in decades past. We asked two economists to help us fi…

Jacob Zinkula,Andy Kiersz   


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1 min read

Salesforce is the latest tech company to cut jobs with 700 layoffs, report says

The job cuts, which amount to about 1% of its workforce, follow a series of layoffs last year.

Beatrice Nolan   


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1 min read

Amazon is laying off hundreds of employees in its cloud division 


The latest round of cuts will impact Amazon Web Services staffers, internal emails obtained by Busi…

Jyoti Mann