Netflix layoffs: 1,000 employees eliminated ahead of quarterly earnings results; biggest cut since 2022After a challenging year at Wall Street, Netflix lays off around 1,000 employees, comprising about 6% of its total workforce. The impact wi...
15 Oct, 2026, 10.52 AM IST
Netflix layoffs: Employee loses job after 12 years, says ‘it’s hard to put into words’, after 1,000 workers are laid offNetflix is laying off nearly 1,000 employees, around 6% of its workforce, amid organisational changes. Adam Mulder, who spent 12 years at t...
15 Oct, 2026, 09.33 AM IST
No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
15 Oct, 2026, 06.47 AM IST
World Bank Group mobilizes $36 billion in India for development and job creation over four yearsThe World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion...
15 Oct, 2026, 12.48 AM IST
Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staffIn a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...
14 Oct, 2026, 08.30 PM IST
Airbus forecasts huge hiring gap as aviation services market expandsAirbus projects a need for 2.44 million personnel in aviation, including pilots and maintenance staff. This forecast highlights challenges ...
14 Oct, 2026, 07.44 PM IST
World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
14 Oct, 2026, 05.57 PM IST
Google.org announces $15 million in funding to support AI-powered growth for India's MSMEs in partnership with The/NudgeThis funding aims to create scalable AI tools that improve access to credit and markets for small businesses.
14 Oct, 2026, 04.49 PM IST
World Bank warns of 800 million-job gap in next 10 years: Will global employment crisis affect Americans?According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's Pr...
14 Oct, 2026, 03.18 PM IST
AI boom lifts China, India as global trade growth accelerates, IMF saysSilvana Tenreyro, the IMF's new chief economist, highlighted the robust growth in AI-related trade. This growth has significantly outpaced ...
13 Oct, 2026, 07.06 PM IST
Go slow on rate hikes: Make capital accessible and affordable to drive investment and job creationIndia is witnessing a notable increase in active companies, driven by the easing of regulations and lower capital costs. The government's f...
11 Oct, 2026, 11.45 PM IST
Trump sticks with tariffs even as US voters turn against them before the midtermsUS President Donald Trump's tariff policies are facing growing economic and political challenges ahead of the November 3 midterm elections,...
11 Oct, 2026, 05.39 PM IST
US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
08 Oct, 2026, 07.46 PM IST
US weekly jobless claims fall as layoffs remain lowClaims have held near 57-year lows for four straight weeks, consistent with what economists said remained a "low-hire, low-fire" labor mark...
08 Oct, 2026, 07.20 PM IST
Gold inches up as October Fed rate hike prospects fadeDuring early Monday trading in Asia, gold prices surged due to lackluster US job growth figures. This disappointing employment data notably...
05 Oct, 2026, 07.26 AM IST
Why is US unemployment rate rising? September's jobs report indicates 'below expectations' hiring slowdownIn September, the US unemployment rate increased to 4.2% as employers added only 29,000 jobs, which is below expectations. Hiring slowed fr...
02 Oct, 2026, 07.46 PM IST
US private job growth picks up sharply in September: ADP dataUS private sector hiring experienced a significant rebound in September, with employers adding 90,000 jobs, up from 38,000 in August. This ...
30 Sep, 2026, 06.17 PM IST