Topic

layoffs

Netflix cuts about 6% of jobs in biggest layoff since 2022, reports

Published 14 Oct, 2026 06:40pm

Netflix is cutting 1,000 jobs, its biggest layoff round since 2022, as the streaming giant navigates a fiercely competitive landscape

Disney president says layoffs 'extremely painful' but necessary

Published 02 Oct, 2026 07:31pm

Disney's Dana Walden confirms over 300 recent layoffs were 'painful' but necessary for the company's survival amidst tech shifts

Meta targets May 20 for first wave of layoffs

Published 20 Apr, 2026 05:29am

NEW YORK/SAN FRANCISCO: Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20,...

The Associated Press to cut under 5% of global news staff

Published 06 Apr, 2026 09:05pm

The restructuring comes amid a broader wave of layoffs across the global media industry

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...

Amazon targets as many as 30,000 corporate job cuts, sources say

Published 28 Oct, 2025 08:27am

This would mark Amazon’s largest job cut since late 2022, when it started to eliminate around 27,000 positions

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...

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...

US private payrolls unexpectedly decrease in June; layoffs remain low

Published 02 Jul, 2025 05:40pm

WASHINGTON: U.S. private payrolls unexpectedly fell in June and job gains in the prior month were smaller than...

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...

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...

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...

Trump orders more layoffs, Musk touts cuts at cabinet meeting

Published 27 Feb, 2025 08:43am

WASHINGTON: U.S. President Donald Trump’s administration on Wednesday ordered federal agencies to undertake more...

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...

Packaging firm International Paper to close four US plants, cut 1% of global jobs

Published 13 Feb, 2025 09:43pm

International Paper said on Thursday it was shutting down four production facilities in the U.S. and laying off...

Boeing warns moon rocket program employees of layoffs

Published 08 Feb, 2025 12:14pm

SEATTLE: Boeing warned on Saturday of layoffs in its Space Launch System moon rocket program, saying it expects to...

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...

High tax rates, spiraling costs forcing Pakistan’s major companies to pursue the layoff route

Updated 01 Oct, 2024 02:00pm

KARACHI: High tax rates and spiraling costs have compelled major listed corporations in Pakistan to reduce headcount...

Unilever to cut a third of office jobs in Europe

Published 12 Jul, 2024 06:02pm

Unilever plans to cut a third of all office roles in Europe by the end of 2025 as a part of a push by the CEO to...

CNN to cut 100 jobs in major overhaul to focus on digital, memo shows

Published 10 Jul, 2024 07:58pm

News outlet CNN will cut about 100 jobs as part of a plan to consolidate news operations and bolster its digital...

Tesla to lay off more than 10% of its staff, Electrek reports

Published 15 Apr, 2024 03:05pm

Tesla will lay off more than 10% of its workforce, tech publication Electrek reported on Monday, citing an internal...

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,...

US layoffs reach 14-month high amid government, tech cutbacks

Published 04 Apr, 2024 04:55pm

NEW YORK: U.S. layoff announcements rose 7% in March to the highest since January 2023, led by technology and...

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...

Tencent’s Riot Games to lay off about 11% of staff

Published 23 Jan, 2024 10:01am

Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming...

Los Angeles Times plans ‘significant’ layoffs, guild says

Published 19 Jan, 2024 10:21am

Los Angeles Times plans to lay off a “significant” number of journalists, the newspaper’s guild said on Thursday,...

Citigroup employees brace for layoffs, management overhaul

Published 20 Nov, 2023 04:42pm

NEW YORK: Citigroup employees expect the bank to announce layoffs and senior management changes on Monday as part of...

Winners and losers likely as Switzerland absorbs Credit Suisse layoffs

Published 03 Aug, 2023 05:26pm

ZURICH: Switzerland’s financial capital is bracing itself for the biggest wave of job losses in over a decade...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

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