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4 mins read

India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses

According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…

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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

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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2 mins read

India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

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5 mins read

Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty

The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise conce…

Dan DeFrancesco   


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3 mins read

Read the memo Dell sent to staff about 'getting leaner' as more jobs get cut

A major restructuring of Dell's sales division is all about "winning and winning big!" executives t…

Polly Thompson   


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2 mins read

With over one lakh fresh jobs, hotel industry could revitalise Indian job market in the next 18 months: Report

After facing substantial job cuts during the COVID-19 pandemic, hotel operators are now actively re…

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3 mins read

These 2 sectors of the stock market are poised to benefit most if Trump wins in November, RBC says

A Trump win might give stocks a boost, but getting past the election and moving on from the uncerta…

Kelly Cloonan   


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2 mins read

Asian markets decline amid economic slowdown fears, experts say limited impact on India

Asian stock markets on Monday plummeted early as selling pressure mounted after lower-than-expected…

ANI   


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3 mins read

Fresher hiring sees a significant decline, particularly in IT sector! What should you do?

Last week news began trending that claimed more than 30% of IIT Bombay students could not get place…

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3 mins read

Sam's Club CEO says automating stores isn't a move to eliminate jobs

"We will not have fewer associates in clubs," Sam's Club CEO Chris Nicholas told Business Insider.

Dominick Reuter   


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6 mins read

Even millennials are getting too old to land a tech job

It's official: The ranks of tech workers under 25 are rising, while the share of workers over 40 is…

Amanda Hoover   


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2 mins read

IBM announces job cuts in two of its divisions; Tech workforce uneasy about AI’s impact, survey reveals

In the latest workforce reduction move of 2024, IBM has announced significant job cuts within its m…

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2 mins read

Hiring activity up 12% in July, most sectors report double-digit growth, says a Naukri.com report

Most sectors reported healthy double digit growths, with pharma/biotech (26 %), FMCG (26 %), real e…

PTI   


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1 min read

Microsoft effects new job cuts, lays off 276 employees in customer service, support and sales teams

Microsoft has laid off 276 employees, mostly in customer service, support and sales teams, in a new…

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2 mins read

Even with a big rate cut, Big Tech will be cautious about another hiring spree

Businesses had to make difficult decisions to downsize after the pandemic – and "those battle wound…

Geoff Weiss   


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2 mins read

The Fed needs to cut rates to help the struggling clean energy sector, Elizabeth Warren says

High interest rates have "completely tanked" major renewable infrastructure projects which tend to …

Aruni Soni   


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2 mins read

Stock markets today: Indexes slip as jobless claims rise ahead of highly anticipated jobs report

Indexes edged lower Thursday as investors took in an uptick in jobless claims and simmering tension…

Kelly Cloonan   


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5 mins read

It's a tough time to be a tech graduate — AI and layoffs have made it a competitive job market

The rise of AI, offshoring, and layoffs are making the tech job market tougher for new graduates.

Beatrice Nolan   


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3 mins read

The job market is about to rebound as widespread spending boosts the economy, Apollo chief economist says

The US could add as many as 300,000 jobs in September, according to an estimate from Apollo's chief…

Jennifer Sor