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EUROPEAN BANK JOB CUTS
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...- 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...
- Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...
- 75 Indian students awarded Erasmus+ scholarships; EU-India Student Ambassadors' Network launchedThe EU has launched a new Student Ambassadors' Network involving 40 students from 20 Indian universities to promote European academic and r...
- World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
- Brexit at 10: How Britain's financial sector recovered and evolvedPost-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some position...
- Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
- World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...
- Russia tells Europe: Yes to talks, no to ultimatumsRussia has signaled openness to dialogue with European nations, emphasizing that talks must not be based on ultimatums or perceived weaknes...
- AI-generated ads should be exempt from EU transparency rules, retail association saysThe European Union AI Act, which enters into force on August 2, requires companies to clearly label where artificial intelligence has bee...
- Want to work abroad but don't know how? Man who made the switch to Europe reveals what he did that opened doors to high-paying jobA data scientist who recently secured multiple job offers in Germany and Europe has shared his experience of landing a high-paying overseas...
- What should international students know about Germany's blocked account requirement?Germany requires international students and job seekers to open a blocked account, known as a Sperrkonto, to prove financial self-sufficien...
- US not 'pulling away' from allies by cutting NATO commitments: Mark RutteUnited States is reducing its military assets pledged to NATO. NATO chief Mark Rutte stated this is not a US withdrawal but an adjustment. ...
- 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...
- Europe frets about US AI as tech world flocks to France for G7, VivaTechEuropean leaders and tech executives are focusing on technological sovereignty. Discussions at G7 and VivaTech highlight concerns about Ame...
- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- 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...
- Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
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