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More layoff pain: Nike, airBaltic and Microsoft's Hellblade studio announce major job cutsNike is planning to implement further job cuts as part of its restructuring programme, which began in March. Meanwhile, developers at Hellb...- Tom Cruise delivers his worst opening weekend in two decades as 'Digger' garners $8m at domestic box officeTom Cruise's latest film Digger has grossed only $20 million globally, marking a significant box office letdown. The film, directed by Alej...
- Nike stock falls after revenue miss, NKE forecasts 2027 revenue decline and announces layoffs - here's what investors need to knowNike stock after NKE earnings: Nike stock is down after the company reported a quarterly revenue miss and forecast a high-single-digit reve...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- 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...
- H-1B programme ‘completely broken’, says JD Vance; backs its abolitionUS Vice President JD Vance has called the H-1B visa programme “completely broken” and said he would support abolishing it, arguing that com...
- Paramount-HBO Max streaming combination may give you more content, but at what cost?Paramount has gained the green light for an $81 billion merger with Warner Bros. Discovery, a significant transformation for Hollywood's ke...
- US jobless claims fall to lowest level since July, labour market stays resilientThe US labor market demonstrated resilience as new unemployment claims dropped to 197,000 last week. Initial jobless claims decreased from ...
- Techie says he was laid off on his birthday while working across multiple projects, netizens reactA Mumbai-based full-stack software engineer has shared how he was laid off on his birthday after five years in the industry and while contr...
- Goldman Sachs' John Waldron edges closer to succeeding David Solomon as CEOGoldman Sachs is reportedly considering John Waldron as the next CEO to succeed David Solomon. Waldron, currently the chief operating offic...
- Disney Layoffs: Why is Disney cutting hundreds of jobs again under CEO Josh D’Amaro amidst future plans?Disney is undergoing significant staff reductions as newly appointed CEO Josh D’Amaro announces layoffs affecting hundreds of workers. Most...
- US job openings slipped to 7.1 million in August but labour market remains sturdyUS employers posted fewer job vacancies in August, but the broader American labour market remains resilient against price shocks caused by ...
- AI taking jobs? Techie warns how long-term EMIs could become a financial burden for software engineersA software engineer voices her worries about AI's long-term effects on job security, particularly the stress of layoffs while handling EMIs...
- Disney internal memo hints at upcoming layoffs as legal chief talks about 'hard choices'; job cuts may start next weekDisney is revamping its legal and global affairs department, which could lead to layoffs. Chief Legal Officer Horacio Gutierrez has noted t...
- The road ahead for Volkswagen's restructuring: ExplainedVolkswagen is set to meet regarding restructuring plans and job cuts to address financial losses. The company aims to strengthen its positi...
- Amazon's surprising gesture for fired employees after over 30,000 layoffs: Tech giant reaches out to former workers for AI, cloud jobsFollowing significant layoffs in 2026, Amazon is reaching out to its former workforce, offering new job opportunities primarily in AI and c...
- Xbox layoffs: Microsoft cuts 268 jobs in latest restructuringMicrosoft's Xbox division will reduce its workforce by 268 employees to reorganise for improved efficiency and profitability. This restruct...
- Microsoft announced 3,200 Xbox job cuts in July. Now, it may cut hundreds more this weekMicrosoft may fire hundreds of employees from its Xbox division this week. This was on top of the 3,200 job cuts the tech giant announced j...
- Kiran Mazumdar-Shaw has a career lesson from 3 Nobel prize winners as AI forces layoffs and changes jobs across the worldBiocon chairperson Kiran Mazumdar-Shaw shared a message on persistence from three 2023 Nobel Prize winners as AI reshapes jobs and companie...
- US firms laying off Americans and hiring H-1B workers to face closer scrutiny: What Trump's new order meansUS President Donald Trump has directed federal agencies to consider employers' past and planned layoffs when reviewing H-1B visa petitions ...
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