Business
Contributor: Why is California losing good jobs to other states? It's not rocket science
For a century, it worked, and brilliantly. The “California model” rested on massive investments in higher education, development of…
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Jobs
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Federal Reserve officials, worried about jobs, muse on rate-cut prospects
SEVERAL Federal Reserve officials who spoke on Wednesday said labour market worries continue to animate their belief that rate cuts still…
Business
US: Tech shares lead stocks higher ahead of jobs data
Wall Street stocks finished mostly higher on Wednesday following gains by Google parent Alphabet and Apple as markets look ahead to key US…
Business
US: S&P 500, Nasdaq open higher on Alphabet boost; jobs data on tap
The S&P 500 and the Nasdaq opened higher on Wednesday (Sep 3) after Alphabet gained on a favourable antitrust ruling and investors awaited…
Business
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on…
Business
IMDA partners AWS and Trainocate to create 100 jobs and training opportunities in AI and cloud
In a bid to push for more talent fluent in artificial intelligence (AI), the Infocomm Media Development Authority (IMDA) announced on…
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TikTok UK shifts to AI moderation, hundreds of jobs at risk
Social media platform TikTok announced on Friday (Aug 22) it will restructure its UK trust and safety operations, putting several hundred…
Business
Dentsu plans to cut about 3,400 overseas jobs to trim cost
The reduction, focused on headquarters and back-office functions in markets outside of Japan Japanese advertising company Dentsu Group…
Business
Oracle cuts cloud division jobs amid surge in AI spending
Many tech giants have sought to deal with the surging costs of AI by reducing expenses in other parts of the business Oracle is cutting…
Business
Wall Street and Global Markets Rise as Weak Jobs Data Fuels Fed Cut Expectations
Global markets climbed for a second consecutive day on Tuesday, on optimism that the U.S. Federal Reserve could cut rates as early as next…
Business
Amazon cuts 110 jobs in reorganization of Wondery audio division
Amazon on Monday said it is cutting 110 roles from its audio division Wondery as part of a restructuring effort. The cuts reflect an…
Business
Asia: Markets fluctuate as traders weigh tariffs, US jobs
Asian markets flitted between gains and losses on Monday as investors continued to digest last week’s tariff blitz by Donald Trump and a…
Business
Gold succumbs to profit-taking after US jobs data-fuelled rally
Gold prices slipped on Monday (Aug 4) as investors booked profits after a sharp rise in the previous session following…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
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Oil falls US$2 a barrel on worries about Opec+ supply, US jobs data
Oil prices US$2 a barrel on Friday (Aug 1) because of jitters about a possible increase in production by Opec and its allies, while a…
Business
US: Stocks tumble as weak jobs report adds to doubts on economy
Wall Street stocks finished sharply lower Friday (Aug 1) following a weak July jobs report that raised concerns about US economic health.…
Business
Asian Markets Tumble After Trump's Tariffs Announcement; Investors Watch US. Jobs Report Closely
Investors felt the jitters as Asian markets dropped on Friday after U.S. President Donald Trump signed an executive order imposing tariffs…
Business
Merck to cut jobs and costs as demand for Gardasil in China remains weak
Drugmaker Merck on Tuesday (Jul 29) announced job and cost cuts it said will save US$3 billion a year as it posted lower second-quarter…
Business
Indian tech company TCS to cut workforce by 2%, affecting more than 12,000 jobs
India’s largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year,…
Business
Tata Consultancy Services to cut workforce by 2%, affecting more than 12,000 jobs
India’s largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year,…
Business
Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas Workforce Commission filing…
Business
Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs
Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stints Citigroup is asking its new…
Business
Amazon’s AWS cloud computing unit cuts jobs
Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a Reuters…
Business
Walmart eliminates hundreds of store-support and training jobs
The company aims to staff the academies differently based on the needs and number of participants and plans to add some new roles Walmart…