27% of jobs at high risk from AI revolution, says OECD PARIS: More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming... Published 11 Jul, 2023 07:31pm
World US layoffs halve in June as tech job cuts ease: report Layoffs in the United States nearly halved in June from a month earlier as job cuts in the technology sector fell,... Published 06 Jul, 2023 05:22pm
Markets UBS to cut 35,000 jobs after Credit Suisse rescue: report GENEVA: Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse – more than half its workforce – as part... Published 28 Jun, 2023 02:32pm
Business & Finance Ford to cut jobs in the US, Canada in a bid to trim costs Ford Motor Co said on Tuesday it will begin layoffs this week, impacting mostly engineering jobs in the U.S. and... Published 27 Jun, 2023 07:14pm
Business & Finance Singapore’s Grab cuts 1,000 jobs to stay competitive SINGAPORE: Singapore-based Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is cutting... Published 26 Jun, 2023 06:38am
Business & Finance Burger chain McDonald’s to lay off hundreds of corporate employees NEW YORK: The number of corporate employees McDonald’s Corp plans to lay off this week will tally in the “hundreds,”... Published 03 Apr, 2023 09:23pm
Business & Finance Walmart laying off hundreds of US workers at five e-commerce fulfillment centers NEW YORK: Hundreds of workers at five U.S. Walmart facilities that fulfill e-commerce orders are being asked to find... Published 23 Mar, 2023 08:40pm
Business & Finance Amazon to cut 9,000 jobs in second round of layoffs Amazon.com Inc said on Monday it would cut 9,000 jobs, making it the latest Big Tech company to announce a second... Published 20 Mar, 2023 09:17pm
Business & Finance Spotify to lay of about 600 staff as tech woes spread STOCKHOLM: Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000... Published 30 Jan, 2023 05:56am
Business & Finance 3M to cut 2,500 jobs BENGALURU: 3M Co said on Tuesday it would cut 2,500 manufacturing jobs and forecast a gloomy first-quarter as the US... Published 30 Jan, 2023 05:56am
Markets Daily Mirror publisher to cut 200 jobs after profit warning BENGALURU: Reach Plc said on Wednesday its annual operating profit would miss market expectations and it would cut... Published 16 Jan, 2023 06:18am