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jobs

Confronting the dearth of educated and trained manpower

EDITORIAL: Among the many glaring challenges that the budget document has thrown up, the enduring burden of...

Updated 12 Jun, 2025 07:43am

Business & Finance

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

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...

Published 10 Jun, 2025 05:30pm

Business & Finance

Thyssenkrupp putting 20,000 jobs at risk in overhaul

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

Published 30 May, 2025 07:48pm

Business & Finance

Volvo Cars to cut 3,000 jobs in restructuring

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

Published 26 May, 2025 05:00pm

Opinion

Illusion of remittance-driven growth

Pakistan’s implicit export strategy isn’t goods — it’s people. And the strategy continues. In a recent...

Updated 12 May, 2025 07:15am

Business & Finance

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

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

Published 05 May, 2025 06:18pm

Budget 2025-26

Haroon highlights economic roadmap, reiterates PM’s ‘inclusive progress’ vision

LAHORE: Haroon Akhtar, Special Assistant to the Prime Minister on Industry and Production, outlined the...

Updated 04 May, 2025 07:11am

Business & Finance

ACCA hosts dinner: SSO sector’s role in boosting economic growth, job creation underscored

KARACHI: The Association of Chartered Certified Accountants (ACCA) hosted a high-profile Shared Services and...

Published 02 May, 2025 06:12am

Opinion

Mindset traps that trap growth

It’s a lost cause. AI is going to take our jobs. Without the “right connections” there is no future. These are...

Updated 30 Apr, 2025 07:40am

Business & Finance

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

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

Published 29 Apr, 2025 05:30pm

Business & Finance

Intel to lay off more than 20% of workforce

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

Published 23 Apr, 2025 04:48pm

Editorials

The great exodus

EDITORIAL: In the first quarter of 2025 alone, a staggering 172,000 Pakistanis left the country seeking employment...

Published 19 Apr, 2025 06:40am

World

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

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

Updated 11 Apr, 2025 08:29pm

World

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

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

Published 09 Apr, 2025 03:10pm

Technology

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

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

Published 04 Apr, 2025 06:49pm

World

Sri Lanka warns US tariffs threaten ‘thousands’ of jobs

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

Published 03 Apr, 2025 03:31pm

Unemployment challenge increases in KP due to terrorism

PESHAWAR: Due to law and order situation, particularly terrorism has grown up in Khyber Pakhtunkhwa and people...

Updated 31 Mar, 2025 10:19am

Business & Finance

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

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

Published 26 Mar, 2025 08:01am

Business & Finance

Aston Martin cuts jobs as weak China demand weighs

LONDON: Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese...

Published 26 Mar, 2025 05:25am

World

Trump admin begins mass layoffs at Voice of America

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

Updated 17 Mar, 2025 09:23pm

Opinion

The future of work

The work of the world will be very different by 2030 from what we know today. Several key trends—everything from...

Updated 13 Mar, 2025 07:26am

Business & Finance

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

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

Published 11 Mar, 2025 08:46pm

World

US weekly jobless claims fall more than expected

WASHINGTON: The number of Americans filing new applications for unemployment benefits fell more than expected last...

Published 06 Mar, 2025 07:25pm

Business & Finance

Thyssenkrupp to cut 1,800 jobs on automotive weakness

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

Published 06 Mar, 2025 06:30pm

Business & Finance

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

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

Published 06 Mar, 2025 05:24pm

Pakistan

PM Shehbaz greenlights National Youth Employment Plan

Programme to provide market-driven training to Pakistan's youth

Updated 06 Mar, 2025 10:47pm

PBS conducts first digital census: Around 7.8pc of total population unemployed

ISLAMABAD: Around 7.8 percent (187,359,79 population) of the total population (241,499,431) of the country is...

Updated 04 Mar, 2025 09:29am

Business & Finance

Microchip Technology to lay off 2,000 employees

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

Published 03 Mar, 2025 05:25pm

Business & Finance

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

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

Published 03 Mar, 2025 05:00pm

World

US federal workers receive second email on justifying jobs

WASHINGTON: A second email asking US federal workers to justify their jobs was sent on Friday, as part of President...

Updated 01 Mar, 2025 09:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 14	144.07
USD to Swiss Franc / Jun 14	0.81
Pound Sterling to USD / Jun 14	1.36
Euro to USD / Jun 14	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
India Sensex / Jun 14	81,118.60
Tokyo Nikkei / Jun 14	37,834.25
Nasdaq / Jun 14	19,406.83
Hang Seng / Jun 14	23,892.56
FTSE 100 / Jun 14	8,850.63
Dow Jones / Jun 14	42,197.79
Germany DAX 30 / Jun 14	23,516.23
France CAC40 / Jun 14	7,784.68

Item	Value
Petrol/Litre / Jun 14	253.63
Crude Oil USD/Barrel / Jun 14	72.98
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Gold Spot USD/Ounce / Jun 14	3,432.34
Diesel/Litre / Jun 14	254.64
Cotton US¢/pound / Jun 14	67.84

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.94 (44.34%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.71 ▲ 0.58 (27.23%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.65 ▲ 0.48 (15.14%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.56 ▲ 0.36 (11.25%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.75 ▼ -0.65 (-12.04%)
Trust Sec.& Brok. / Jun 13 Trust Securities & Brokerage Limited(TSBL)	12.20 ▼ -1.36 (-10.03%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.23 ▼ -1.24 (-9.94%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.72 ▼ -4.26 (-9.69%)
Crescent Cotton / Jun 13 Crescent Cotton Mills Limited(CCM)	50.41 ▼ -5.4 (-9.68%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.62 ▼ -8.32 (-9.57%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.69 ▼ -3.23 (-9.52%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,655,242 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	100,891,108 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	85,324,384 ▲ 0.94
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	30,960,243 ▲ 0.62
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	27,555,139 ▼ -0.26
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	27,294,482 ▲ 0.17
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	27,189,737 ▲ 0.58
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	26,834,469 ▼ -0.35
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	23,063,464 ▲ 1
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	21,700,047 ▼ -0.4

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