BNP Paribas and Macquarie have become two of the latest banks to push back their expectations of US interest rate cuts. Anna Nicolaou, James Fontanella-Khan and Sujeet Indap in New York and ...

Tesla layoffs: Elon Musk termed the recent job cuts at Tesla a “necessary step" to reorganize the company for the next phase of growth. Elon Musk-owned Tesla registered a massive drop in its ...

opens new tab is targeting around 400 job cuts at its German gigafactory near Berlin, or about 3% of the plant's total workforce, it said on Tuesday, adding it was hoping to achieve this without ...

HONG KONG – Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists and employers look to trim highly compensated staff, according to Bloomberg Intelligence.

The company disclosed the job cuts in a notice to the state. At the end of May of last year, Nike had around 83,700 employees, including retail and part-time workers, according to its annual report.

Howard Swerdloff, a 14-year veteran of Rutgers University's Writing Program on the New Brunswick campus, was preparing to celebrate the first anniversary of a historic faculty strike that ended with ...

Google’s move adds to the trend of tech companies implementing restructuring plans in 2023 and 2024, leading to tens of thousands of job cuts worldwide. Reports indicate that over 58,000 tech ...

UBS Group is planning another round of job cuts after its takeover of Credit Suisse that is expected to affect over a hundred positions across the group's global investment bank, Bloomberg News ...

Google has confirmed further job cuts as part of a company-wide reorganisation aimed at slashing costs. The tech giant has acknowledged the reductions but hasn't disclosed the exact number of ...

The announcement continues the trend of job cuts in the tech sector – Google announced it was cutting hundreds of jobs in January, having also announced plans to cut 12,000 jobs in January 2023.

The job cuts are anticipated to impact over a hundred roles across UBS's global investment bank, the sources said. Additionally, job losses are foreseen in the wealth management and markets ...