Jobs
Newly privatised Toshiba to cut 4,000 jobs in restructuring drive
JAPAN’S Toshiba said on Thursday (May 16) it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership.
Toshiba delisted in December due to...
IBM to add 800 AI-related jobs in Ireland
INTERNATIONAL Business Machines (IBM) plans to hire up to 800 more people in Ireland to help build advanced software underpinned by artificial intelligence (AI) technology, the biggest job announcement...
Converse to cut jobs as part of Nike’s cost-savings plan
FOOTWEAR brand Converse will cut jobs as part of parent company Nike’s ongoing US$2 billion cost savings plan, a source familiar with the matter said on Tuesday (May 14).Nike...
Amazon to invest US$1.3 billion in France, create 3,000 jobs
Amazon said on Monday (May 13) it would invest more than US$1.3 billion in its French operations and create more than 3,000 permanent jobs in the country.The French presidency...
Barclays cuts jobs in energy transition team it only just built
NOT even one of Barclays’ most prominent dealmaking pushes is being spared in the bank’s cost-cutting drive.
Six people are being cut from the team of more than 100...
PwC cuts 60 Canadian jobs, bracing for economic slowdown
PricewaterhouseCoopers, the global accounting firm, eliminated 60 jobs in Canada as the company braces for the fallout from the nation’s economic slowdown, according to people familiar with the situation.The...
BlackRock cuts jobs in muni business under new leadership
BLACKROCK, the world’s largest money manager, cut fewer than 10 jobs in its municipal bond department under the new leadership of Patrick Haskell, according to a source familiar with...
Asia: Markets build on rally as US jobs data boost rate cut hopes
MOST Asian markets rose on Monday after data showing fewer US jobs were created last month rekindled optimism interest rates will be cut this year, while mainland Chinese equities...
