Category : Search result: austerity cuts


Amazon axes 14,000 jobs in AI push

Amazon confirms sweeping workforce reduction of 14,000 positions as company pivots toward AI automation. More job cuts expected in coming months across multiple divisions.

UPS Axes 48,000 Jobs in Major Restructuring Move

Global logistics giant UPS announces massive workforce reduction of 48,000 jobs amid Amazon business decline, Trump-era tariff impacts, and strategic profit-boosting measures. Exclusive analysis.

UPS axes 12,000 jobs in major restructuring move

Global logistics giant UPS announces massive workforce reduction of 12,000 employees as part of sweeping restructuring measures to counter declining revenue and falling share prices. The strategic move aims to streamline operations and boost profitability

Fed Holds Rates Steady Amid Shutdown Concerns

Federal Reserve maintains interest rates at 22-year high as Jerome Powell navigates inflation battle while government shutdown looms. Key insights on when rate cuts might begin.

UPS Axes 34,000 Jobs in 2025 Restructuring

Global delivery titan UPS has eliminated 34,000 positions in just nine months as part of an aggressive turnaround strategy. Discover how this workforce reduction is reshaping one of world's largest logistics companies.

Tech Giants Axe 80,000+ Jobs in AI-Driven Restructuring

Silicon Valley's biggest players are executing massive layoffs as artificial intelligence reshapes workforce needs. Discover how Amazon, Microsoft, Google, Meta, Intel, TCS and IBM are cutting over 80,000 positions in historic tech restructuring.

Amazon cuts 14,000 jobs as AI transforms workforce

Amazon implements massive workforce restructuring, cutting 14,000 positions primarily in white-collar roles as AI technology transforms operational efficiency and job requirements across departments.

Amazon Axes 30K Jobs: AI Automation Blamed

Amazon plans to eliminate 30,000 corporate roles across various departments. Discover how AI automation is reshaping workforce dynamics at the e-commerce giant.

Amazon cuts 14,000 jobs in pandemic hiring reversal

Amazon announces one of its biggest workforce reductions, cutting 14,000 corporate roles in response to pandemic-era overexpansion and economic pressures. Find out which departments are affected and why.

Amazon Axes 30,000 Jobs in Major Restructuring

Amazon announces its largest workforce reduction since 2022, cutting up to 30,000 positions across multiple divisions including AWS and Alexa teams. The tech giant's restructuring signals major shifts in corporate strategy.

Paramount Cuts 1,000 Jobs in Major Restructuring

US media giant Paramount Global initiates major restructuring with 1,000 job cuts amid potential Skydance merger. Get exclusive details on the layoff strategy and what's next for the entertainment industry.

Amazon Plans 30,000 Corporate Job Cuts

Amazon is reportedly planning significant corporate job cuts affecting up to 30,000 employees across various divisions, marking one of the largest workforce reductions in tech history.

Indian Stocks Rally on US Fed Rate Cut Optimism

Indian equity benchmarks surged in early trading, mirroring global market optimism as investors anticipate potential interest rate cuts by the US Federal Reserve. Sensex and Nifty gained significantly amid positive global cues.

Argentina Midterm Boost for Milei's Libertarian Agenda

In a dramatic political turnaround, Argentina's libertarian President Javier Milei sees his austerity agenda validated as his party makes surprising gains in crucial midterm elections, defying early predictions.

PM Modi's Swadeshi Push Fuels Record Diwali Sales

Prime Minister Narendra Modi's call for 'Swadeshi' shopping combined with strategic GST reductions creates unprecedented festive boom. Discover how domestic manufacturing and tax reforms are reshaping India's retail landscape this Diwali season.

Premium Gadgets Dominate Festive Sales Post-GST Cuts

India's festive season witnesses unprecedented demand for premium electronics as GST reductions and attractive financing options drive consumers toward high-value purchases. Discover how smartphones, laptops, and appliances dominate shopping carts.

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