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STATISTICS CANADA JOB CUTS
AI hiring outpaces overall IT recruitment in India: reportIndia's IT sector is prioritising artificial intelligence (AI) hiring, with AI roles seeing a 16% year-on-year surge in June, contrasting w...
Bitcoin climbs above $61,000 as weak US jobs data fuels Fed rate cut hopesIn the past 24 hours, Bitcoin was up 2.80% and Ethereum was up 6.24% to trade at $1,716 mark. Among the major altcoins, BNB, XRP, Solana, T...
Canada eases Super Visa wait for Indians; study permits slow despite steady work, visitor visasCanada slashes processinf times for Indian Super Visa applicants to just 50 days, a significant drop from 66 days. While work and visitor v...
Gold heads for first weekly rise in five on easing Fed rate hike betsGold prices surged on Friday, marking its first weekly gain in five weeks. This uptick is attributed to softer-than-expected U.S. jobs data...
Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meetingAt an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. H...
Canada updates citizenship-by-descent document rules after reviewCanada's citizenship-by-descent application process has seen updated guidance following a review of certificates issued under Bill C-3. Imm...
Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
Treat administrative data as national asset: PK MishraIndia's administrative data should be treated as a national asset to enhance policymaking and service delivery, according to Principal Secr...
BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
Canada: Ontario restructures immigration program to fill in-demand jobsOntario has revamped its immigration program, consolidating eight streams into four to better align with labour market demands and address ...
FIFA World Cup 2026: Davies hits 1000-player mark as Canada registers a historic win over Bafana Bafana in R32Canada secured a historic 1-0 victory over South Africa in the FIFA World Cup knockout stage, with Stephen Eustaquio scoring a dramatic sto...
What is behind South Africa's anti-immigrant protests?South Africa faces escalating anti-immigrant sentiment, with protesters demanding undocumented foreigners leave. Despite claims of being ov...
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...