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LAYOFFS IN US
India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...- Dubai luxury hotels woo staycationers as tourists fleeOnce reserved for wealthy travellers, Dubai's top-notch hotels have become almost exclusively reliant on residents, drawn in by dizzying st...
- US bill targets H-1B pipeline, seeks to end route to permanent residencyA Republican lawmaker has introduced legislation to overhaul the H-1B visa program, aiming to end its use as a pathway to permanent residen...
- Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
- US Stock Market today: Nasdaq, S&P 500 set for low opening, Dow Jones to rise. Nvidia stocks, Intel, Micron, AMD, Broadcom shares under spotlightS&P 500, if remains low, would register its first weekly decline since April. The tech-heavy Nasdaq was also set to end the week slightly ...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...
- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
- US jobless aid filings, a proxy for layoffs, rise to 225,000 last week but remain historically lowJobless aid applications increased by 13,000 to 225,000 last week, exceeding forecasts but remaining historically low. This figure serves a...
- Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
- Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employeesUber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of ...
- EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission saysEuropean industries are bracing for significant job cuts. Up to 1.3 million jobs are at risk across automotive, construction, metals, chemi...
- Global Market Today: Asian stocks edge up, Yen nears 160 per dollarAsian stocks followed Wall Street higher, driven by renewed enthusiasm for AI-linked equities, pushing the S&P 500 to a ninth consecutive g...
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
- US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
- Trump federal employee layoffs: Why are hundreds of fired government workers still unemployed one year after mass probationary firings?More than 300 fired federal employees across 43 states say the 2025 Trump administration layoffs still haunt their lives. Many remain unemp...
- US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertaintyThe persistently low number of claims suggests that most U.S. companies have not resorted to layoffs. But even if they're not cutting jobs,...
- US jobless claims rise to 215,000 but remain low despite Iran war uncertaintyAmericans sought more unemployment benefits last week. Layoffs remain low despite economic uncertainty. Jobless claims are up to 215,000. T...
- Meta lays off nearly 1,400 Washington employees in latest tech workforce cut: Check worst-hit departments, severance package and moreMeta is set to lay off nearly 1,400 employees across Washington state, including Seattle, Bellevue, and Redmond, starting July 22, 2026. Th...
- Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...
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