Topic

job cuts

Amazon axes 16,000 jobs as it pushes AI and efficiency

Published 28 Jan, 2026 05:53pm

It is nearly 10% of its corporate workforce and represents the largest job cuts in its three-decades

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...

Nissan to cut 10,000 more jobs

Published 13 May, 2025 06:15am

TOKYO: Nissan plans to cut 10,000 more jobs worldwide, Japanese media reported on Monday, a day before 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...

Siemens to cut 8pc of jobs at struggling factory automation business

Published 26 Mar, 2025 08:01am

ZURICH: Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in...

UK workers face some of Europe’s greatest job stress, report says

Published 25 Nov, 2024 11:36am

LONDON: British workplaces rank among the worst in Europe for long hours, tight deadlines and limited autonomy,...

Boeing announces almost 2,200 layoffs

Published 19 Nov, 2024 06:34am

NEW YORK: The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously...

Nissan announces 9,000 job cuts, slashes sales forecast

Published 07 Nov, 2024 02:29pm

TOKYO: Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast,...

US planned layoffs drop again in October, recruitment firm Challenger says

Published 31 Oct, 2024 04:52pm

U.S. layoff announcements tumbled in October to a three-month low in another sign the job market remains in good...

As China woes mount, investment banks brace for more Asia job cuts

Published 12 Feb, 2024 06:25am

HONG KONG: Job cuts at western investment banks in Asia are expected to increase this year as revenue pressures rise...

Snap to lay off 10% of its global workforce

Published 05 Feb, 2024 08:06pm

Snap said on Monday it would cut around 528 employees, or 10% of its global workforce, joining other tech and media...

Barclays cutting around 450 staff, UK trade union says

Published 12 Sep, 2023 05:15pm

LONDON: A British union that represents workers at Barclays said on Tuesday that the bank was cutting around 450...

UBS to absorb Credit Suisse domestic unit, eyes 3,000 job cuts

Published 01 Sep, 2023 05:41am

ZURICH: Banking giant UBS said Thursday it plans to fully absorb Credit Suisse’s century-old Swiss division and...

Facebook-parent Meta to lay off 10,000 employees in second round of job cuts

Published 14 Mar, 2023 06:51pm

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000...

Zoom to shed about 1,300 jobs as pandemic-fueled demand slows

Published 08 Feb, 2023 12:08am

Zoom Video Communications said on Tuesday it would cut 15% of its workforce, or about 1,300 jobs, and trim base pay...

FedEx to cut senior jobs as part of larger staff reduction

Published 06 Feb, 2023 07:42am

LOS ANGELES: FedEx Corp on Wednesday said it would cut its officer and director ranks by 10% as part of a broad...

Netflix lays off 300 employees in cost-cutting drive

Published 24 Jun, 2022 12:39am

Netflix Inc said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at...

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Forex
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Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	7.45 ▲ 0.74 (11.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)
Pak Qatar Gen.Takaful / Jun 4 Pak Qatar General Takaful Limited(PQGTL)	15.18 ▲ 1.38 (10%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Shahzad Tex. / Jun 4 Shahzad Textile Mills Limited(SZTM)	75.22 ▲ 6.84 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)

Stock	Price
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	31.66 ▼ -2.59 (-7.56%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	79 ▼ -6.11 (-7.18%)
IGI Life Ins / Jun 4 IGI Life Insurance Limited(IGIL)	19.70 ▼ -1.42 (-6.72%)
Crescent Fib. / Jun 4 Crescent Fibres Limited(CFL)	56.10 ▼ -3.89 (-6.48%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39 ▼ -2.61 (-6.27%)
Security Investment Bank / Jun 4 Security Investment Bank Limited(SIBL)	7.04 ▼ -0.45 (-6.01%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	420 ▼ -23.79 (-5.36%)
Frontier Ceramics / Jun 4 Frontier Ceramics Limited(FRCL)	75 ▼ -4.17 (-5.27%)
Saritow Spinning / Jun 4 Saritow Spinning Mills Limited(SSML)	23.71 ▼ -1.27 (-5.08%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	85,723,746 ▲ 0.31
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	15,738,517 ▲ 1.71
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	14,138,583 ▲ 2.31
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	14,133,166 ▼ -0.22
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	13,498,312 ▲ 0.33
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	12,954,797 ▲ 0.3
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	12,043,911 ▲ 0.4
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	11,727,066 ▲ 0.03
Telecard Limited / Jun 4 Telecard Limited(TELE)	10,582,274 ▲ 0.3
Cnergyico PK / Jun 4 Cnergyico PK Limited(CNERGY)	9,396,390 ▲ 0.04

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