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"Musk Doing A Great Job, Want Him To Be More Aggressive In Reform Push": Trump
US President Donald Trump said Saturday he would like his billionaire advisor Elon Musk to get "more aggressive" in implementing his reform agenda to cut back the federal government.
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Elon Musk's Reaction To Woman Losing "Dream Job" In DOGE Cuts Sparks Discussion
A US woman who once praised the convenience of remote work has lost her job in the federal restructuring spearheaded by Elon Musk.
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JPMorgan Chase Announces Layoffs In Feb, More Cuts Expected: Report
American multinational bank, JPMorgan Chase, has started notifying employees of job cuts as part of a series of downsizing efforts throughout 2025, reports said.
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Meta Prepares for Layoffs on Monday, Circulates Internal Memo
Meta Platforms plans to carry out its expected company-wide layoffs next week. Employees in Germany, France, Italy and the Netherlands will be exempt from the cuts "due to local regulations," while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18.
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Judge Blocks Trump Plan To Put 2,200 USAID Workers On Leave
A U.S. judge on Friday said he would pause plans to place 2,200 U.S. Agency for International Development employees on leave, as part of a temporary "limited" order blocking the Trump administration from taking some steps to dismantle the agency.
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"How Elon Musk Destroyed Twitter" Author On How His X Tactics May Bode For US
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
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Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
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2 Million Job Cuts Likely In US As Trump Announces Buyout Offers
The federal employees who leave their posts voluntarily will receive about eight months of salary until September, provided they choose to do so by February 6.
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"Terrible Job:" Trump Slams US Fed After It Pauses Rate Cuts
The Fed's rate-setting committee voted unanimously to keep the bank's benchmark lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a statement.
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Meta to Cut Roughly Five Percent of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations. Affected workers in the US are expected to be notified on February 10, while those based in other countries will be informed at a later date, according to the memo.
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Sensex, Nifty Slide, Rupee Weakens To Record Low Of Rs 86.27
The share market tumbled in early trade today, after an unexpectedly strong US jobs report dampened expectations of early interest rate cuts by the Federal Reserve, while worries over slowing earnings continued to persist.
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Wall Street Might Cut 2,00,000 Jobs As AI Replaces Roles
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.
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Lawyer Quits High-Paying Job, Takes Rs 1.3 Crore Pay Cut To Curb Burnout
Ms Hayes transitioned to the tech industry, accepting a position with a significantly lower salary of $220,000 per year (about Rs 1.9 crore)
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Honda, Nissan Aim to Merge in 2026 as Talks Kick Off: Reports
The presidents of Honda, Nissan and Mitsubishi Motor — Nissan’s junior partner — were seen entering and leaving Japan’s transportation ministry on Monday morning, likely to inform officials of their plans to formally kick off merger talks.
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Volkswagen To Cut 35,000 Jobs In Germany By 2030
Crisis-hit auto giant Volkswagen said Friday it planned to cut 35,000 jobs by 2030 in Germany after reaching an agreement with unions on a drastic cost-cutting plan.
-
"Musk Doing A Great Job, Want Him To Be More Aggressive In Reform Push": Trump
US President Donald Trump said Saturday he would like his billionaire advisor Elon Musk to get "more aggressive" in implementing his reform agenda to cut back the federal government.
-
Elon Musk's Reaction To Woman Losing "Dream Job" In DOGE Cuts Sparks Discussion
A US woman who once praised the convenience of remote work has lost her job in the federal restructuring spearheaded by Elon Musk.
-
JPMorgan Chase Announces Layoffs In Feb, More Cuts Expected: Report
American multinational bank, JPMorgan Chase, has started notifying employees of job cuts as part of a series of downsizing efforts throughout 2025, reports said.
-
Meta Prepares for Layoffs on Monday, Circulates Internal Memo
Meta Platforms plans to carry out its expected company-wide layoffs next week. Employees in Germany, France, Italy and the Netherlands will be exempt from the cuts "due to local regulations," while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18.
-
Judge Blocks Trump Plan To Put 2,200 USAID Workers On Leave
A U.S. judge on Friday said he would pause plans to place 2,200 U.S. Agency for International Development employees on leave, as part of a temporary "limited" order blocking the Trump administration from taking some steps to dismantle the agency.
-
"How Elon Musk Destroyed Twitter" Author On How His X Tactics May Bode For US
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
-
Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
-
2 Million Job Cuts Likely In US As Trump Announces Buyout Offers
The federal employees who leave their posts voluntarily will receive about eight months of salary until September, provided they choose to do so by February 6.
-
"Terrible Job:" Trump Slams US Fed After It Pauses Rate Cuts
The Fed's rate-setting committee voted unanimously to keep the bank's benchmark lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a statement.
-
Meta to Cut Roughly Five Percent of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations. Affected workers in the US are expected to be notified on February 10, while those based in other countries will be informed at a later date, according to the memo.
-
Sensex, Nifty Slide, Rupee Weakens To Record Low Of Rs 86.27
The share market tumbled in early trade today, after an unexpectedly strong US jobs report dampened expectations of early interest rate cuts by the Federal Reserve, while worries over slowing earnings continued to persist.
-
Wall Street Might Cut 2,00,000 Jobs As AI Replaces Roles
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.
-
Lawyer Quits High-Paying Job, Takes Rs 1.3 Crore Pay Cut To Curb Burnout
Ms Hayes transitioned to the tech industry, accepting a position with a significantly lower salary of $220,000 per year (about Rs 1.9 crore)
-
Honda, Nissan Aim to Merge in 2026 as Talks Kick Off: Reports
The presidents of Honda, Nissan and Mitsubishi Motor — Nissan’s junior partner — were seen entering and leaving Japan’s transportation ministry on Monday morning, likely to inform officials of their plans to formally kick off merger talks.
-
Volkswagen To Cut 35,000 Jobs In Germany By 2030
Crisis-hit auto giant Volkswagen said Friday it planned to cut 35,000 jobs by 2030 in Germany after reaching an agreement with unions on a drastic cost-cutting plan.
