Jobs
Dollar drops as employers add fewer jobs than expected in April
The dollar fell to a three-week low against the yen on Friday (May 3) after data showed that US job growth slowed more than expected in April and annual...
US: Wall St opens sharply higher on soft jobs data
Wall Street’s main indexes opened higher on Friday (May 3) after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in...
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
HONG Kong led another rally across Asian markets on Friday, thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for...
WhirlPool is cutting 1,000 jobs as US appliance demand remains stagnant
WHIRLPOOL, the owner of the Maytag and Amana appliance brands, is cutting about 1,000 salaried positions worldwide to reduce costs as slow US home sales limit demand. The company...
France’s Casino supermarket chain to axe up to 3,200 jobs
FRENCH supermarket group Casino said on Wednesday (Apr 24) it would axe between 1,300 and 3,200 jobs as part of a reorganisation following its recent takeover led by Czech...
Tesla to cut more than 6,000 jobs across Texas, California
TESLA plans to cut more than 6,000 jobs across Texas and California as part of chief executive officer Elon Musk’s demand to slash more than 10 per cent of...
Tesla to cut 400 jobs in Germany via voluntary programme
TESLA on Tuesday (Apr 23) said it was targeting 400 job cuts at its German gigafactory near Berlin, adding the plan was to achieve this through a voluntary programme...
Toshiba to cut 5,000 jobs in latest bid to restructure
TOSHIBA plans to cut 5,000 jobs in Japan, or roughly a tenth of its domestic headcount, in a bid to cut costs and focus on its infrastructure and digital...
