Business
Walmart to cut hundreds of jobs, relocate staff to main hubs
WALMART is eliminating some jobs and asking workers to move to central offices in Arkansas or California, continuing the retailer’s push…
Tag
Jobs
Business
Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel…
Business
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its…
News
As Trump cuts federal jobs, even national parks are on the chopping block
As the Trump administration rushes to cut spending and eliminate federal jobs, even the people who work at the national parks — among the…
Business
Americans are struggling to find new jobs as market changes
The job market is becoming more precarious for job seekers, as more than a third say they're applying to more jobs than ever but hearing…
Business
HSBC’s payments app closure puts around 400 jobs at risk: source
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from…
Business
Greenback firms as strong jobs data support Fed easing pause
THE US dollar rallied on Friday (Jan 10) after data showed that the world’s largest economy created more jobs than expected last month,…
Business
US stocks tumble from jobs report and ongoing inflation fears
U.S. stocks tumbled Friday morning due to December's strong jobs report and ongoing inflation fears. Why It Matters Wall Street set dozens…
Business
Asia: Markets drift lower as US jobs data looms
EQUITIES fell again in Asia on Friday (Jan 10) as traders prepared for the release of US jobs data that could play a key role in the…
Business
Wall Street expected to shed 200,000 jobs as AI erodes roles
GLOBAL banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks…
Business
Micron invests US$7 billion in Woodlands advanced packaging site; 1,400 jobs to be created
MICRON Technology broke ground on its high-bandwidth memory (HBM) advanced packaging facility on Wednesday (Jan 8) in Singapore, adjacent…
News
Can H-1B visa holders change jobs? Critics call workers indentured servants
Amid Republican interparty contention over H-1B visas and immigration policy, some misconceptions about workers' ability to change…
Business
Opinion: California ruled with great jobs and boom times. What happened?
Gov. Gavin Newsom’s constant reminders that California’s economy ”leads the nation” as well as being a model for social justice are…
Lifestyle
Millennial woman laid off from tech job, not prepared for what dad does
When Diana Trinh was laid off from her corporate marketing job in tech, she found herself working for minimum wage at her local Applebee's…
News
TikTok hawks tapped for jobs contrast with Trump’s murky stance
SOME of the loudest US critics of TikTok are set to occupy senior roles in the next Trump administration, providing counterweights to the…
Business
Citigroup cuts ESG analyst jobs as research group trimmed
CITIGROUP has cut about five analyst jobs inside a small team dedicated to producing ESG (environmental, social and governance) and…
News
More jobs and no 'nuisance taxes' - Ghanaians' great expectations
Ghana's former President John Mahama will be under enormous pressure to meet the expectations of voters following his landslide victory in…
Culture
Newmont cuts management jobs in major corporate restructuring
NEWMONT let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping corporate overhaul, according…
Culture
Blue Collar Meaning and Examples
You must have heard the term quite often, but do you know the blue-collar meaning? What does the term entail, and why is it so commonly…
Business
US: Wall Street opens muted with jobs data in focus
WALL Street’s main indexes opened subdued on Thursday (Dec 5) following record high closes for all three main indexes in the previous…
Business
Airbus cuts 2,000 Defence and Space jobs, taming earlier plans
AIRBUS announced just over 2,000 job cuts in Defence and Space, or about 5 per cent of its second-largest division, as it reels from US…
Business
Gold steady; all eyes on US jobs data, Fed Chair’s speech
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for…
Business
JPMorgan bolsters Florida bet with 300 new jobs in Orlando
JPMORGAN plans to hire 300 people in the Orlando area over the next two years, part of the largest US bank’s expansion in the South. The…
Business
St James's Place to cut around 500 jobs, source says
The cuts represent nearly a sixth of the company’s workforce of around 3,200 people British wealth manager St James’s Place is planning to…