Jobs
Goldman to cut a few hundred jobs in coming weeks in annual cull
GOLDMAN Sachs plans to dismiss a few hundred employees in coming weeks as part of the firm’s annual cull of low-performing staff, according to people familiar with the matter.The...
Apple cuts jobs in digital services groups as priorities shift
APPLE took the rare step of cutting about 100 jobs in its services group, part of a shift in priorities for the critical division, according to sources with knowledge...
Asia: Stocks struggles to track Wall Street up after US jobs, Fed minutes
STOCKS fluctuated in Asia on Thursday after Wall Street returned to winning ways on the back of softer-than-expected jobs data and minutes showing some Federal Reserve officials were open...
Beauty retailer Sephora cuts China jobs as market slumps
LVMH-owned beauty retailer Sephora is cutting its workforce in China, the company said on Wednesday (Aug 21), as consumers curb their spending on creams and make-up in the world’s second-largest economy.Sephora,...
Goldman cuts US recession risk following retail sales, jobs data
GOLDMAN Sachs Group economists lowered the probability of a US recession in the next year to 20 per cent from 25 per cent, citing last week’s retail sales and...
Cisco gives upbeat sales forecast even as it cuts jobs
CISCO Systems, the biggest maker of computer networking equipment, gave a bullish revenue forecast for the current period thanks to a rebound in orders, but also announced plans to...
Cancer test maker Grail cuts 350 jobs as part of restructuring programme
GRAIL said on Tuesday (Aug 13) it has cut about 350 existing jobs as the diagnostics company focuses on the development of its flagship cancer-detection test Galleri, sending its...
GM cuts China jobs as it resets in world’s biggest car market
GENERAL Motors (GM) has been laying off staff in China and will soon meet with local partner Saic to plan a larger structural overhaul of its operations there, a...
