Business
Indeed, Glassdoor to cut 1,300 jobs amid AI integration, memo shows
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
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Jobs
Business
Indeed, Glassdoor to cut 1,300 jobs amid AI integration: memo
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
Business
Microsoft touts US$500 million AI savings while slashing jobs
Microsoft is keen to show employees how much artificial intelligence (AI) is transforming its own workplace, even as the company…
Business
Citigroup expands in Charlotte, plans to add over 500 new jobs
Over 10 years, the firm will be able to be reimbursed for as much as US$8.9 million, according to the release Citigroup is adding 510 new…
Business
Citigroup expands in North Carolina, plans to add over 500 new jobs
Over 10 years, the firm will be able to be reimbursed for as much as US$8.9 million, according to the release Citigroup is adding 510 new…
Business
Intel cuts over 500 jobs in Oregon as part of layoff plan
Hillsboro, a suburb of Portland, is home to some of Intel’s biggest factories and research centres Intel is cutting more than 500…
Business
Companies keep slashing jobs. How worried should workers be about AI replacing them?
Tech companies that are cutting jobs and leaning more on artificial intelligence are also disrupting themselves. Amazon’s Chief Executive…
Business
Europe: Shares advance as markets take US jobs data in stride
EUROPEAN shares closed higher on Thursday as investors took in stride a stronger-than-expected US jobs report, with bank stocks leading…
Business
US: S&P 500, Nasdaq end at fresh records after solid jobs data
Wall Street stocks surged higher on Thursday following US jobs data that topped estimates as President Donald Trump’s massive tax cut…
Business
Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
Microsoft to cut about 9,000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Business
ING to cut 230 jobs as it has ‘too many’ managing directors
Groep announced a round of cuts focused on senior staff saying there are just too many of them. The Dutch lender plans to eliminate 230…
Business
Stellantis shares fall as new CEO avoids big shake-up of top jobs
Stellantis new CEO Antonio Filosa started his tenure on Monday (Jun 23) by retaining his previous role as head of the key North American…
Business
Bank of England keeps rates steady, sees further loosening as jobs market weakens
The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker…
Business
Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal
Dozens of staff at Standard Chartered have reportedly been laid off in Singapore in a fresh round of job cuts by the London-based bank.…
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Qantas’ Jetstar Asia to shut down on Jul 31; over 500 staff to lose jobs
Australian flag carrier Qantas will wind down operations for its Singapore-based unit Jetstar Asia and shut it down on Jul 31, 2025, as…
Business
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
Business
Asian Markets Rally on Strong U.S. Jobs Data and Renewed China Trade Talks
There is a cautious yet optimistic tone in Asian markets this week. After a stressful week of economic anxiety, investors finally had a…
Business
Gold falls on strong US jobs data and improved trade outlook
Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal…
Business
Crude climbs on US jobs report, China talks
Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US jobs report and resumed…
Business
Europe: Equities gain for second week on jobs data and trade hopes
EUROPEAN shares rose for a second straight week, buoyed by robust US employment figures and diminishing concerns over trade friction that…
Business
US: Stocks rebound on jobs data relief, US-China talks
Wall Street stocks bounced on Friday as solid US employment data helped stave off concerns of an imminent downturn, while President Donald…
Business
US: Wall Street opens higher on jobs data optimism; Tesla rebounds
stock indexes opened higher on Friday (Jun 6) after a strong jobs report calmed worries over the health of the labour market, while Tesla…