US Job Cuts Spike, Unemployment at 4.6% Post-Shutdown
US unemployment rate climbs to 4.6% in November, the highest since 2021, amid federal job cuts and economic uncertainty. Key insights on Fed rates and hiring trends.
US unemployment rate climbs to 4.6% in November, the highest since 2021, amid federal job cuts and economic uncertainty. Key insights on Fed rates and hiring trends.
Amazon announces 84 new job cuts in Washington state, unrelated to its global 14,000 layoffs. The separations, affecting tech and HR roles, are scheduled for 2026. Read the full details.
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.
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.
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 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.
An internal Amazon layoff email revealing cold, corporate language sparks outrage as tech giant continues massive job cuts affecting thousands of employees worldwide.
IBM becomes the latest tech giant to announce massive workforce reductions, planning to cut thousands of jobs globally as the technology sector's restructuring continues.
American Airlines reveals significant workforce reduction at Fort Worth headquarters after reporting disappointing third-quarter results, signaling restructuring amid financial challenges.
Tech giant IBM announces massive workforce reduction affecting thousands of employees worldwide as company shifts focus toward AI and software growth. Exclusive details inside.
Amazon's massive layoffs reveal how artificial intelligence is rapidly replacing human roles in India's tech sector. Discover which positions are most vulnerable and what this means for the future of Indian IT professionals.
Entrepreneur Ankur Warikoo explains why perfect job interviews sometimes lead to rejection and shares the crucial factor most candidates overlook in the hiring process.
Delhi Police cracks down on sophisticated employment fraud syndicate that promised government jobs to over 100 victims. Key mastermind among 5 arrested in coordinated raids across the capital.