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US CORPORATE JOB CUTS UPDATE
Got my dream job, salary doubled, still crying every day: Bengaluru techie asks if she should quit and return homeA 23-year-old woman is grappling with severe anxiety and panic attacks after landing her dream job in Bengaluru, despite a high salary and ...- US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
- Global Market | European shares slip on Fed hike bets, tech dragEuropean markets opened lower Tuesday, impacted by anticipated US Federal Reserve rate hikes and concerns over escalating corporate AI inve...
- Workday must face California lawsuit over AI bias in job screening toolsUS District Judge Rita Lin in San Francisco rejected California-based Workday's claim that the state's anti-discrimination laws do not appl...
- EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...
- Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
- Best corporate bond mutual funds to invest in June 2026Investors seeking relatively safe debt options for near-term or three-year-plus goals can consider corporate bond funds in June 2026. These...
- “Overtime, 2-hour commute, sleep-deprived”: 25-year-old graphic designer wants to quit first job after just 2 months, says “already exhausted”A 25-year-old graphic designer in Kolkata is already feeling burnt out just two months into her first full-time job. Long hours, unpaid ove...
- 5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
- BEST bus strike in Mumbai today: Check timing, affected services and areasBEST Srike in Mumbai Today Update: Mumbai commuters face potential public transport disruption as BEST employees start an indefinite strike...
- US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
- After 11 years in leadership, one employee thought reporting workplace issues would bring answers, instead, it left them fearing for their jobA long-serving retail leader reported serious workplace issues, including safety concerns and retaliation, to HR. The employee claims the H...
- AI-led growth continues to draw global capital into the US: Mitul KotechaThe Federal Reserve's hawkish stance has surprised markets, with revised inflation forecasts and the dot plot indicating a commitment to hi...
- Navi Mumbai shipping firm owners among 8 booked for duping 75 job aspirants of Rs 1.7 crNavi Mumbai police have filed an FIR against eight individuals, including shipping company owners and staff, for allegedly defrauding 75 pe...
- Fed begins Warsh era with rate hold, sees hike possible later in 2026The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show...
- BBC to cut 550 jobs in cost-saving drive, including news division layoffsBritain's BBC is set to eliminate 550 jobs across its news and content departments. This move is part of a significant £500 million savings...
- Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...
- BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and whyBBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider ...
- BBC to cut hundreds of jobs in Britain in news division downsizeBritain's BBC is initiating significant job cuts, with hundreds of positions to be eliminated in its news division next week as part of a b...
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
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