Topic

cut jobs

KPMG says to cut jobs in UK auditing division

Published 28 Mar, 2026 10:21am

The proposed cuts primarily target assistant managers who are qualified accountants

Meta to cut 600 jobs in artificial intelligence: reports

Published 23 Oct, 2025 10:00am

NEW YORK: Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to...

Pizza Hut UK to close 68 restaurants, 1,210 jobs to go

Published 20 Oct, 2025 09:58pm

LONDON: Pizza Hut UK will shut 68 restaurants and 11 delivery sites, resulting in the loss of 1,210 jobs, after the...

India’s TCS to cut 12,000 jobs

Published 28 Jul, 2025 05:42am

MUMBAI: Indian IT giant Tata Consultancy Services said Sunday it will cut around two percent of its global ...

Paramount to lay off 3.5% of US staff in latest job cut, memo shows

Published 10 Jun, 2025 05:30pm

Paramount Global is laying off 3.5% of its U.S. staff in the latest round of job cuts as the company grapples with a...

Thyssenkrupp putting 20,000 jobs at risk in overhaul

Published 30 May, 2025 07:48pm

BERLIN: Germany’s IG Metall union sees around a fifth of jobs at Thyssenkrupp at risk, a senior official was quoted...

ILO lowers job creation forecast for 2025

Published 29 May, 2025 01:02pm

The International Labour Organization (ILO) has lowered its global employment forecast for 2025, projecting the...

Volvo Cars to cut 3,000 jobs in restructuring

Published 26 May, 2025 05:00pm

STOCKHOLM: Sweden-based Volvo Cars said on Monday it will cut 3,000 mostly white-collar jobs as part of a...

Volvo Cars’ battery company Novo Energy to cut half of workforce

Published 05 May, 2025 06:18pm

COPENHAGEN: Volvo Cars’ Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating...

UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates

Published 29 Apr, 2025 05:30pm

United Parcel Service’s first-quarter profit beat market estimates and the parcel delivery giant said it will cut...

Intel to lay off more than 20% of workforce

Published 23 Apr, 2025 04:48pm

Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations...

Volvo to cut up to 800 US jobs

Published 21 Apr, 2025 05:42am

NEW YORK: Volvo Group plans to lay off as many as 800 workers at three US facilities over the next three months due...

Funding shortfall: UN aid chief says to cut 20% of staff in Pakistan, other nations

Updated 11 Apr, 2025 08:29pm

United Nations Office for Coordination of Humanitarian Affairs faces shortfall of $58 million

Madagascar risks losing 60,000 textile jobs to U.S. tariffs, official says

Published 09 Apr, 2025 03:10pm

ANTANANARIVO: Madagascar could lose around 60,000 textile sector jobs because of U.S. President Donald Trump’s 47%...

WTO aims to reduce staffing costs after US funding pause

Published 08 Apr, 2025 07:11pm

GENEVA: The World Trade Organization said on Tuesday it is reviewing staff costs after the United States paused...

Meta’s content moderation contractor cuts 2,000 jobs in Barcelona

Published 04 Apr, 2025 06:49pm

MADRID/BARCELONA: Canadian-based tech company Telus is dismissing as many as 2,000 people from its content...

Sri Lanka warns US tariffs threaten ‘thousands’ of jobs

Published 03 Apr, 2025 03:31pm

COLOMBO: Sri Lanka’s apparel manufacturing industry warned on Thursday that sweeping US tariffs will disrupt the...

British Steel warns of 2,700 job losses from blast furnace closures

Published 27 Mar, 2025 05:32pm

LONDON: China-owned British Steel said it could close its two blast furnaces as soon as June with the potential loss...

US health secretary RFK Jr. plans 10,000 job cuts in major department restructuring, WSJ reports

Published 27 Mar, 2025 05:27pm

Health and Human Services Secretary Robert F. Kennedy Jr. is set to significantly cut the size of the agency he...

Microchip Technology to cut 2,000 jobs as automotive demand wilts

Published 26 Mar, 2025 08:04am

BENGALURU: Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker...

Trump admin begins mass layoffs at Voice of America

Updated 17 Mar, 2025 09:23pm

WASHINGTON: President Donald Trump’s administration on Sunday began mass layoffs at Voice of America and other...

Volkswagen to lay off 1,600 staff at Cariad software unit, Handelsblatt reports

Published 11 Mar, 2025 08:46pm

BERLIN: Volkswagen plans to lay off 1,600 staff at its Cariad software unit by the end of the year, the Handelsblatt...

Thyssenkrupp to cut 1,800 jobs on automotive weakness

Published 06 Mar, 2025 06:30pm

FRANKFURT: Thyssenkrupp plans to slash around 1,800 jobs due to the prolonged weakness in the car sector it...

DHL to save $1.1 billion by 2027 with 8,000 job cuts, shares rise

Published 06 Mar, 2025 05:24pm

DHL announced plans on Thursday to cut about 8,000 jobs in Germany this year as part of a strategy to save more than...

Microchip Technology to lay off 2,000 employees

Published 03 Mar, 2025 05:25pm

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker...

India’s Ola Electric to cut jobs; over 1,000 roles impacted

Published 03 Mar, 2025 05:00pm

Ola Electric, India’s top electric two-wheeler maker by sales, said on Monday it is eliminating some roles due to...

US auto safety agency laid off 4% of staff, spokesperson says

Published 24 Feb, 2025 09:02pm

WASHINGTON: The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide...

Starbucks to cut 1,100 corporate roles in CEO Niccol’s turnaround push

Published 24 Feb, 2025 08:58pm

Starbucks said on Monday it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his...

DBS Group set to cut 4,000 jobs in next 3 years, CEO says

Published 24 Feb, 2025 05:19pm

MUMBAI: DBS Group plans to cut 4,000 jobs over the next three years as it expects artificial intelligence (AI) to...

TikTok restructures trust and safety team, lays off staff in unit, sources say

Published 20 Feb, 2025 04:25pm

SHANGHAI: TikTok is laying off global staff at its trust and safety unit which handles content moderation as part of...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

cut jobs

Most Popular