Citi to cut 3,500 technology jobs in China as part of global revamp
Published Thu, Jun 5, 2025 · 11:23 AM — Updated Thu, Jun 5, 2025 · 11:28 AM Citigroup will reduce ...
Tag: Cut
Citi to cut 3,500 tech jobs in China in global revamp
Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank ...
STMicro to cut 5,000 jobs in next 3 years, says CEO
STMicroelectronics expects 5,000 staff to leave the company in the next three years, including 2,800 job cuts announced earlier this ...
Japan’s top banks said to mull joint ATM operation to cut costs
Published Wed, Jun 4, 2025 · 11:29 AM MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating ...
Fed’s Bostic wants more progress on inflation, in no rush to cut
US Federal Reserve Bank of Atlanta president Raphael Bostic said he’s in no rush to move interest rates, adding he ...
Australia central bank pondered outsized rate cut in May, decided to be predictable
Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade ...
ECB expected to cut rates again as Trump trade war rumbles on
The European Central Bank (ECB) is expected to deliver its seventh-straight interest rate cut this week as US President Donald ...
Philippines eyes India, Thailand rice to cut Vietnam reliance
The Philippines, the world’s top rice importer, plans to look beyond its dominant supplier, Vietnam, to ensure steady supplies and ...
Gold Prices Rebound as Soft Jobs Data Fuels Rate Cut Expectations
Gold prices shot up Thursday on weaker-than-expected U.S. jobless claims data and a key court ruling that struck down most of ...
Chevron to cut nearly 800 jobs in Texas
Published Thu, May 29, 2025 · 08:23 AM Chevron will lay off nearly 800 employees in Texas, according to a ...
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