Us Job Losses
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Amidst AI Push, Cisco To Lay Off Thousands In Second Job Cut This Year, Sources Say
The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February. The company employed around 84,900 people as of July 2023.
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Sensex Slides Over 2,400 Points As Jobs Data Sparks Recession Fears In US
Indian markets experienced one of the worst falls today following the global bloodbath with both the Nifty and Sensex registering high losses during the opening trade.
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Intel Says It Will Sack 18,000 Staff, Cut $20 Billion In Expenses
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended qua
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Crypto Price Today: Bitcoin, Ether Prices Drop as Cryptocurrencies Continue to Be Volatile
The overall crypto market cap dipped by 2.76 percent in the last 24 hours. Bitcoin and Ether are reeling under losses after the US job openings data showed a rise since May. While BTC, as per analysts, could still see some price dips, ETH could rise in price if the US approves more ETH ETFs in the coming days.
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Dating App Bumble To Lay Off 350 Employees After $32 Million Loss
US online dating platform Bumble on Tuesday announced plans to cut 350 positions, about a third of its workforce, as part of a restructuring plan.
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Apple Shares Weaken After Warning of Dull Holiday Quarter
Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.
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Google Parent Alphabet Said to Cut 12,000 Jobs in Latest Jolt to Technology Sector
Alphabet, Google's parent firm, is set to cut 12,000 jobs at the US firm, according to a memo issued to staff. The company follows rival Microsoft, which also announced that it would lay off 10,000 workers recently.
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Marketmind: Dollar's Next Test Is US Jobs Report
Tracking yields lower, the dollar is heading towards the weekend down heavily on the yen for the week and eyeing smaller losses on the euro and most other currencies.
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Sensex, Nifty Gain, Defying Global Gloom Ahead Of Key US Jobs Data
Stock Market India: Equity benchmarks opened in the green, recouping some of the steep losses in the previous session.
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US Loses 140,000 Jobs In December, Unemployment Rate At 6.7%
The US economy shed 140,000 jobs in the final month of the year, according to government data released Friday, a sign the recovery from the pandemic's damage has stalled.
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Donald Trump Urges Quicker US Reopening From Virus Lockdown
President Donald Trump on Thursday pressed for a broader reopening of the United States as coronavirus-related job losses mounted, while parts of Europe embraced post-lockdown life.
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Donald Trump Urges Quicker US Reopening From Coronavirus Lockdown
President Donald Trump on Thursday pressed for a broader reopening of the United States as coronavirus-related job losses mounted, while parts of Europe embraced post-lockdown life.
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Coronavirus Inflicts Huge Job Losses In US As Pandemic Breaches White House Walls
Labor Department reported the USunemployment rate rose to 14.7 percentlast month, up from 3.5 percentin February
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"I'll Bring It Back": Trump After US Employment Rate Hits 14.7 Per Cent
President Donald Trump on Friday downplayed unprecedented US job losses, saying they were not a surprise.
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Nearly 17 Million In US File For Unemployment In 3 Weeks Amid Coronavirus
Thursday's weekly jobless claims report from the Labor Department strengthens economists' expectations of job losses of up to 20 million in April.
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Amidst AI Push, Cisco To Lay Off Thousands In Second Job Cut This Year, Sources Say
The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February. The company employed around 84,900 people as of July 2023.
-
Sensex Slides Over 2,400 Points As Jobs Data Sparks Recession Fears In US
Indian markets experienced one of the worst falls today following the global bloodbath with both the Nifty and Sensex registering high losses during the opening trade.
-
Intel Says It Will Sack 18,000 Staff, Cut $20 Billion In Expenses
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended qua
-
Crypto Price Today: Bitcoin, Ether Prices Drop as Cryptocurrencies Continue to Be Volatile
The overall crypto market cap dipped by 2.76 percent in the last 24 hours. Bitcoin and Ether are reeling under losses after the US job openings data showed a rise since May. While BTC, as per analysts, could still see some price dips, ETH could rise in price if the US approves more ETH ETFs in the coming days.
-
Dating App Bumble To Lay Off 350 Employees After $32 Million Loss
US online dating platform Bumble on Tuesday announced plans to cut 350 positions, about a third of its workforce, as part of a restructuring plan.
-
Apple Shares Weaken After Warning of Dull Holiday Quarter
Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.
-
Google Parent Alphabet Said to Cut 12,000 Jobs in Latest Jolt to Technology Sector
Alphabet, Google's parent firm, is set to cut 12,000 jobs at the US firm, according to a memo issued to staff. The company follows rival Microsoft, which also announced that it would lay off 10,000 workers recently.
-
Marketmind: Dollar's Next Test Is US Jobs Report
Tracking yields lower, the dollar is heading towards the weekend down heavily on the yen for the week and eyeing smaller losses on the euro and most other currencies.
-
Sensex, Nifty Gain, Defying Global Gloom Ahead Of Key US Jobs Data
Stock Market India: Equity benchmarks opened in the green, recouping some of the steep losses in the previous session.
-
US Loses 140,000 Jobs In December, Unemployment Rate At 6.7%
The US economy shed 140,000 jobs in the final month of the year, according to government data released Friday, a sign the recovery from the pandemic's damage has stalled.
-
Donald Trump Urges Quicker US Reopening From Virus Lockdown
President Donald Trump on Thursday pressed for a broader reopening of the United States as coronavirus-related job losses mounted, while parts of Europe embraced post-lockdown life.
-
Donald Trump Urges Quicker US Reopening From Coronavirus Lockdown
President Donald Trump on Thursday pressed for a broader reopening of the United States as coronavirus-related job losses mounted, while parts of Europe embraced post-lockdown life.
-
Coronavirus Inflicts Huge Job Losses In US As Pandemic Breaches White House Walls
Labor Department reported the USunemployment rate rose to 14.7 percentlast month, up from 3.5 percentin February
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"I'll Bring It Back": Trump After US Employment Rate Hits 14.7 Per Cent
President Donald Trump on Friday downplayed unprecedented US job losses, saying they were not a surprise.
-
Nearly 17 Million In US File For Unemployment In 3 Weeks Amid Coronavirus
Thursday's weekly jobless claims report from the Labor Department strengthens economists' expectations of job losses of up to 20 million in April.
