Netflix $72B Warner Deal Faces Hollywood Union Backlash
Hollywood unions warn of massive job cuts and reduced cinema releases as Netflix proposes a $72 billion takeover of Warner Bros Discovery. Read the full story.
Hollywood unions warn of massive job cuts and reduced cinema releases as Netflix proposes a $72 billion takeover of Warner Bros Discovery. Read the full story.
Coimbatore cyber crime police arrest K Arun for cheating a youth with fake overseas job offers. The accused promised a hotel job abroad and took Rs 3.5 lakh. Read the full story.
Kochi police uncover major visa fraud ring shifting from healthcare to blue-collar job scams for Europe & Gulf. Over 25 agents arrested, victims lose Rs 5+ crore. Experts warn of new tactics targeting desperate youth.
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
Airbus mandates urgent A320 fleet software update due to solar radiation risk, causing operational delays for airlines like American Airlines and Indian carriers. Stay informed on travel impacts.
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
German chemical major Wacker Chemie announces 1,500 job cuts, nearly 10% of workforce, to save €300 million annually. Shares rise 2% amid industry downturn.
HP announces 4,000-6,000 job cuts by fiscal 2028, adding to earlier layoffs. Learn practical strategies to navigate tech sector uncertainty and protect your career.
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
Amazon's Ring division mandates hundreds of customer service workers to relocate to central hubs in US and UK as company shifts to AI-powered support system. Read the full story.
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Gold prices declined as robust US September job growth strengthened the dollar and reduced expectations of Federal Reserve rate cuts in December. Market uncertainty prevails.
Verizon announces elimination of 13,000 positions amid competitive pressures. CEO cites need to streamline operations. Discover how this impacts telecom industry.
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Turkish Airlines & SriLankan flights diverted to Thiruvananthapuram airport due to severe Colombo weather. Emergency landings handled safely. Read full details.
Turkish Airlines and Sri Lankan Airlines flights bound for Colombo were diverted to Thiruvananthapuram due to severe weather conditions. Stay informed about travel updates.
Amazon's text-email layoff strategy marks new corporate downsizing tactics. Learn how companies are evolving termination methods and employee reactions.
Verizon announces 15,000 job cuts targeting management roles as subscriber growth slows. New CEO Dan Schulman leads restructuring amid rising competition.
America's largest telecom Verizon plans 10,000-15,000 job cuts next week as new CEO Dan Schulman implements aggressive turnaround strategy. Read exclusive details.
American Airlines flight carrying 4 Congress members to DC forced to land in Kansas City after disruptive passenger incident. Read full details about the emergency diversion.
An American Airlines flight carrying four Arizona Congressmen made emergency landing in Kansas to remove disruptive passenger. Read how it impacted crucial government shutdown vote.
American job market faces alarming downturn as layoffs hit 1.1 million through October, reaching levels not seen since pre-pandemic recessions. New report reveals worrying trends.
Major US airports face significant flight reductions as FAA implements staffing cuts. Discover how United Airlines, American Airlines and other carriers are responding and what it means for international travellers from India.
Qatar Airways divests its 9.57% stake in Cathay Pacific Airways after eight years, fetching $896 million in a major aviation sector transaction that reshapes Middle East-Asia airline partnerships.
Kenai Aviation, owned by American Airlines, ceases all operations amid financial insolvency. Pandemic-era debt and economic pressures blamed for the airline's dramatic collapse.
An internal Amazon layoff email revealing cold, corporate language sparks outrage as tech giant continues massive job cuts affecting thousands of employees worldwide.