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JOB CUTS AND UNDERPERFORMANCE
Cautious on valuations, bullish on insurance and IT: How Nilesh Shetty is positioning for the next 12 monthsA cautious Nilesh Shetty of Quantum Advisors warns of a possible earnings disappointment in the next three to six months, citing El Niño ri...
OnePlus, Xiaomi among firms trimming marketing and sales roles in India amid cost pressureSmartphone companies are reducing staff in marketing and sales. Rising costs and slower sales are pushing brands to cut expenses and focus ...
The ‘Inevitables’: Warren Buffett's framework for finding companies that will dominate for decadesWarren Buffett divided the investment universe into Inevitables, Highly Probables, and Impostors. The Inevitables are companies whose domin...
CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
Paying extra for MF-PMS? Here’s what investors get and what they may lose on returnsPMS-style mutual fund advisory can fetch you a curated selection of funds with allocation and execution embedded. This convenience faces a ...
Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall StreetUS stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...
Starbucks to cut 61 technology jobs in SeattleStarbucks is making headlines with the announcement of 61 tech job reductions at its Seattle HQ, signaling a pivotal phase in the company’s...
A three-prong strategy can help India curb energy shock implications: HSBC EconomistIndia can counter global energy shocks with a three-part plan. This involves supporting small businesses through credit guarantees. It also...
US stock market today: Why are Dow Jones, S&P 500, and Nasdaq surging as AMD stock explodes and oil prices crash on Iran peace hopes?US stock market today: Dow Jones jumps 650 points, Nasdaq surges as AMD stock explodes 19%, oil crashes, and AI optimism reshapes Wall Stre...
Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
Why Employees Sometimes Sense Their Role Is Being Cut Before It HappensEmployees may sense job insecurity through shifting duties and reduced visibility. Experts note these signs can signal restructuring or cos...
You’re Not Imagining It, Sudden Role Changes at Work Are Happening More OftenEmployees are often reassigned to new projects without clear reasons, leading to confusion and speculation about their job security. This p...
US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5%Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to ...
Product manager earning Rs 18 LPA gets laid off while co-worker with Rs 9 LPA job stays. Expert reveals why: ‘He was brilliant but….’Job cuts are not always about performance. A product manager earning more was let go, while a colleague with less pay stayed. The higher-pa...
Microsoft not to rehire ousted employees for two years, considers departures ‘good attrition’Microsoft has introduced a two-year rehire ban for staff let go over performance issues, labelling such exits as “good attrition.” The poli...
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source saysHSBC has cut around 40 investment banking jobs in Hong Kong as part of a global cost-cutting restructuring. The layoffs began just ahead of...
Microsoft layoffs: Tech giant's performance-based job cuts begin with no severance pay, healthcare. All detailsMicrosoft layoffs: Tech giant Microsoft has started performance-based job cuts. The termination letters say benefits for the employees will...
Microsoft announces job cuts, plans to axe 1% of underperforming workforce in 2025: ReportMicrosoft has announced new performance-based layoffs affecting less than 1% of its global workforce of 228,000 employees. The company’s fo...
HSBC cuts bonuses and senior managers in strategy overhaulThe lender said on Tuesday it had cut its bonus pool for 2019 by 4% to reflect poor performance and warned its investment bank will take a ...
- Job mkt still grim; 27 people lose job per hour
Despite economy showing recovery signs, global job mkt remains gloomy, with cos laying off at least 27 staff every hour to cut costs. Manag...