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Trump hails Nippon-U.S. Steel deal for saving 100,000 American jobs
President Trump touted the partnership deal he helped broker between U.S. Steel and Japan's Nippon Steel, saying the alliance will boost…
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Jobs
Business
Chevron to cut nearly 800 jobs in Texas
Chevron will lay off nearly 800 employees in Texas, according to a notice on Wednesday to the Texas Workforce Commission, part of the US…
Business
Chevron to cut 200 jobs in Texas
— Chevron will lay off 200 employees in Texas, according to figures from the Texas Workforce Commission. The layoffs are part of the US oil…
Business
The trade war will cost 7 million jobs in 2025, according to a UN report. Here’s the breakdown
The International Labor Organization (ILO), an agency of the United Nations, has downgraded its global employment forecast for 2025,…
Business
HSBC cuts dozens of analyst jobs in investment banking overhaul
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment…
Business
Chinese-owned Volvo Cars to cut 3,000 white collar jobs
Sweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the layoffs will…
Business
Volvo Cars to cut 3,000 jobs in restructuring
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a…
Business
TV Writing Staffs Got More Diverse Even as Jobs Dwindled, WGA Study Finds
TV writing staffs have continued to get more diverse, even with far fewer jobs available, according to a study released Wednesday by the…
Business
Walmart eliminates about 1,500 jobs on technology team
The company has about 1.6 million US employees, making it the largest private employer in the country Walmart is cutting corporate staff…
Business
Westpac to cut 1,500 jobs, simplify operations: report
The company says it regularly adjusts its workforce based on shifting investment priorities Westpac Banking Corp (Westpac) is planning to…
News
AI advances may threaten women’s jobs more than men’s
Women may be at a heightened risk for being edged out of their job (or having their duties change) due to AI. According to a new study,…
News
Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would…
Fashion
Big Four accounting firm PwC to slash about 1,500 jobs in the US
Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson said on Monday (May 5). The…
News
Homeland Security whistleblowers 'betrayed' by Biden administration win back jobs, pay
The Trump administration gave back pay and promotions to three Customs and Border Protection officials who suffered demotions and other…
News
US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
The latest message from the data on the U.S. economy is simple: So far, so good, until further notice. The labor market remained in a…
Business
Europe: Shares rise as markets cheer signs of easing Sino-US tensions, US jobs data
European shares surged on Friday (May 2), capping off a week filled with earnings across the continent, as signs of a potential…
News
Jobs numbers show federal employees teleworking at lowest level since pandemic
Federal workers are now showing up in their offices more than private-sector workers, with the lowest level of government employees…
Business
US: Wall Street opens higher on tariff, jobs data optimism
stock indexes opened higher on Friday (May 2), as signs of a de-escalation in the trade war with China and a stronger-than-expected jobs…
Business
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more…
Fashion
Gold set for worst week in more than two months; US jobs data eyed
GOLD prices were poised for their worst weekly performance in more than two months on Friday as receding trade tensions tempered…
News
52% of frontline workers think they could lose their jobs over tariffs
The Trump administration has framed tariffs as a necessary tool for bringing more jobs to the U.S. and reviving the manufacturing sector.…
Business
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
Business
UPS layoffs: 20,000 jobs cut, 73 locations to close as company cites less Amazon business amid tariff uncertainty
United Parcel Service (UPS) said on Tuesday it will slash 20,000 jobs and close more than 70 facilities to lower costs as it braces for…
Business
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertainty United Parcel Service reported a…