Topic

jobs cut

BBC to cut up to 2,000 jobs under ‘financial pressures’

Published 16 Apr, 2026 07:40am

LONDON: The BBC said on Wednesday that the British broadcasting corporation is set to cut up to 2,000 jobs amid a...

Canada loses 24,800 jobs, but January unemployment rate hits 16-month low

Published 06 Feb, 2026 08:27pm

Full-time employment in January rose by 44,900 jobs while part time employment fell by 69,700 positions

Allianz to cut up to 1,800 jobs due to AI advances, says source

Published 26 Nov, 2025 05:06pm

MUNICH: German insurance group Allianz plans to cut up to 1,800 jobs in its travel insurance division, mainly in...

Telefonica proposes laying off more than 5,000 workers in Spain, union says

Published 24 Nov, 2025 07:07pm

MADRID: Telefonica has proposed laying off 5,040 people in Spain as part of cost-cutting efforts envisaged in its...

Nissan to cut jobs at European regional office as part of global overhaul

Published 14 Nov, 2025 07:51am

Nissan is also creating 34 new roles and opening additional vacancies to support internal redeployment, meaning the final number of redundancies will be lower

Verizon to cut about 15,000 jobs, source says

Published 13 Nov, 2025 09:30pm

Verizon is planning to cut about 15,000 jobs, a person familiar with the matter told Reuters on Thursday. The...

Ford to cut up 1,000 jobs at Germany’s Cologne e-car plant

Published 16 Sep, 2025 02:12pm

In Europe, demand for electric cars remains well below industry forecasts, the statement said.

Novo Nordisk slashes 9,000 jobs to slim down in fierce weight-loss drug battle

Published 10 Sep, 2025 08:51pm

COPENHAGEN: Novo Nordisk the maker of blockbuster weight-loss drug Wegovy, said on Wednesday it will cut 9,000 jobs...

Trump’s tariffs put 100,000 jobs at risk in South Africa, central bank chief says

Published 16 Jul, 2025 02:26pm

JOHANNESBURG: U.S. President Donald Trump’s tariffs on South Africa could cause around 100,000 job losses, with the...

AFP news agency to reduce headcount, foreign network costs

Published 11 Jul, 2025 09:14pm

PARIS: The chairman of Agence France-Presse (AFP) outlined his plans Friday to cut costs at the news agency with a...

Uniper to cut 400 jobs over ‘challenging’ market environment

Published 03 Jul, 2025 05:15pm

FRANKFURT: German state-owned utility Uniper on Thursday said it was planning to cut 400 jobs, or around 5% of its...

Microsoft to lay off up to 9,000 employees, Seattle Times reports

Published 02 Jul, 2025 06:51pm

Microsoft is laying off as much as 4%, or roughly 9,100, of its employees in the largest round of job cuts since...

Oil giant BP cuts thousands of jobs to slash costs

Published 20 Jan, 2025 05:31am

LONDON: British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its...

Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

Published 17 Oct, 2024 06:09pm

STOCKHOLM: Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and...

Airbus to cut up to 2,500 jobs in space, defence unit

Published 16 Oct, 2024 02:47pm

PARIS: European aviation giant Airbus plans to cut up to 2,500 jobs in its struggling defence and space division, a...

Microsoft to cut 650 support jobs in Xbox Games unit

Published 12 Sep, 2024 05:15pm

Microsoft said it is cutting 650 jobs in its Xbox unit, the third such layoff this year as the company tries to rein...

Samsung Electronics plans global job cuts of up to 30% in some divisions, sources say

Published 11 Sep, 2024 03:11pm

SEOUL/NEW DELHI: Samsung Electronics , the world’s top maker of smartphones, TVs and memory chips, is cutting up to...

Swedish telecoms operator Telia says to cut 3,000 jobs

Published 04 Sep, 2024 11:56am

STOCKHOLM: Swedish telecoms operator Telia said Wednesday it will cut 3,000 jobs as part of a cost-cutting drive...

Stellantis to cut up to 2,450 jobs at Michigan plant

Published 10 Aug, 2024 10:30am

NEW YORK: Auto giant Stellantis announced Friday it will cease production of its entry-level Ram 1500 Classic...

US weekly jobless claims fall more than expected; continuing claims rise

Published 11 Apr, 2024 06:23pm

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

Apple lays off more than 600 staff

Published 05 Apr, 2024 06:34pm

WASHINGTON: Apple has laid off more than six hundred employees, according to data from a California state agency,...

India’s Zee cuts staff by about half at Bengaluru’s Technology & Innovation Centre

Published 29 Mar, 2024 09:03pm

BENGALURU: India’s Zee Entertainment on Friday said it has reduced the workforce at its Technology & Innovation...

Vodafone Germany to cut 2,000 jobs in revamp

Published 26 Mar, 2024 05:12pm

FRANKFURT: Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part...

Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings

Updated 19 Mar, 2024 02:53pm

Unilever said on Tuesday it would spin off its ice cream unit, home to popular brands such as Magnum and Ben &...

US job openings fall marginally in January

Published 06 Mar, 2024 09:19pm

WASHINGTON: U.S. job openings fell marginally in January, while hiring declined as labor market conditions continue...

Sony to lay off 900 PlayStation employees, shut London studio

Published 27 Feb, 2024 07:55pm

Japan’s Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday...

Digital media upstart Vice laying off ‘several hundred’ staff: CEO

Published 23 Feb, 2024 05:50pm

WASHINGTON: Vice, the dynamic, fast-growing digital media company that gained a wide following with young readers,...

India’s SpiceJet to cut jobs, save $12mn annually

Published 12 Feb, 2024 02:02pm

BENGALURU: Indian low-cost carrier SpiceJet said on Monday that it has started adopting measures to reduce its...

Roche cutting 345 jobs in product development

Published 09 Feb, 2024 11:26am

ZURICH: Roche is cutting 345 jobs, Swiss website Muula reported, as the drugs company responds to lower profit...

French bank Societe Generale to cut 900 jobs

Published 05 Feb, 2024 01:52pm

PARIS: French banking group Societe Generale announced plans on Monday to slash around 900 jobs at its head office...

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BR30
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KSE30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.91
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.35
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 2	7,609.78
Nasdaq / Jun 2	27,093.90
Dow Jones / Jun 2	51,307.79
India Sensex / Jun 3	73,756.94
Tokyo Nikkei / Jun 3	68,452.45
Hang Seng / Jun 3	25,630.80
FTSE 100 / Jun 3	10,342.09
Germany DAX 30 / Jun 3	24,951.88
France CAC40 / Jun 3	8,180.24

Item	Value
Crude Oil USD/Barrel / Jun 3	94.92
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,463.91
Cotton US¢/pound / Jun 3	80.39
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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