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Block to cut more than 4,000 jobs amid AI disruption of the workplace
Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work.The Oakland parent company...
Santos to cut 10% jobs as growth projects near end, annual profit misses estimates
Published Wed, Feb 18, 2026 · 11:33 AM[BENGALURU] Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday (Feb 18), hurt by weak commodity...
India’s Bharat Petroleum plans Singapore trading hub to cut costs and boost margins
Published Thu, Jan 29, 2026 · 08:08 PM[MUMBAI] India’s Bharat Petroleum Corp (BPCL) will open a trading office in Singapore next month, as the state-owned refiner seeks to become...
Pinterest to cut up to 15% of its workforce as focus on AI intensifies
Pinterest said Tuesday it’s planning to slash up to 15% of its workforce.The San Francisco-based image-sharing platform used for inspiration for home decor, fashion and other interests is laying...
UPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM[WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last...
Autodesk to cut 1,000 workers as the tech company bets on AI
Software company Autodesk is slashing roughly 1,000 roles, representing a 7% cut of its global workforce.The San Francisco company, which makes software used by architects, designers and engineers, told...
Telefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans[MADRID] Telefonica will book a cost of 2.5 billion euros (S$3.8 billion) to pay for the...
Wall Street subdued at open as Fed rate cut decision nears
[NEW YORK] Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision, while Nvidia shares were whipsawed...
