Cuts
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save moneyPublished Tue, Jun 3, 2025 · 06:46 AM[NEW...
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs.The Microsoft-owned tech company has cut 281 workers in California, a notice filed this week to the...
Bank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
[DUBLIN] Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate cuts was justified by ongoing uncertainty about...
Aramco CEO will keep borrowing even as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
South Korea central bank cuts rate, slashes 2025 growth forecast
Published Thu, May 29, 2025 · 10:17 AM[SEOUL] South Korea’s central bank cut interest rates on Thursday in a bid to cushion the export-dependent economy from US President Donald...
New Zealand central bank cuts cash rate by 25 bps
Published Wed, May 28, 2025 · 10:39 AM[WELLINGTON] New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as...
HSBC cuts dozens of analyst jobs in investment banking overhaul
[SINGAPORE] HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to sources familiar...
