Job Losses

Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.

The survey found that with job losses and hiring sentiment turning negative, 52 per cent respondents feel that the economic uncertainty will persist for the next 6-12 months.

The job losses affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams.

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.

The managing director felt that her leaving the office for lunch demonstrated "disloyalty" and a lack of "commitment" to the company.

While India produced yet another poor batting show which saw them get all-out for 186 in 41.2 overs, the bowlers did a splendid job to reduce Bangladesh to 136 for 9 in the 40th over.

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.

Lemon Cash, an Argentina-based crypto exchange has joined the list of several other companies to announce lay-offs in order to keep their businesses afloat in the market turmoil. Lemon Cash has offices in Argentina as well as Brazil. As per its CEO Marcelo Cavazzoli, losses have been recorded in both of the regions.

Activist investor TCI Fund Management has called on Alphabet Inc to cut costs by lowering its headcount and reduce losses in its self-driving unit Waymo, saying the Google parent needs to adjust to an era of slower growth.

Personal finance experts suggest building a contingency fund that can take care of three months of loan repayment.

Britain's Royal Mail postal operator is seeking to axe up to 10,000 jobs, its parent company said Friday, blaming industrial action for huge financial losses.

Nearly 400 staff at BBC World Service will lose their jobs as part of a cost-cutting programme and move to digital platforms, the broadcaster announced on Thursday.

King Charles III has in the last week faced the difficult task of handling his own grief at the death of his mother, giving voice to the nation's loss and taking on the job of royal figurehead.

Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company Sea Ltd reported widening losses and sharply slower revenue growth.

Stock Market India: Equity benchmarks opened in the green, recouping some of the steep losses in the previous session.

Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.

The survey found that with job losses and hiring sentiment turning negative, 52 per cent respondents feel that the economic uncertainty will persist for the next 6-12 months.

The job losses affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams.

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.

The managing director felt that her leaving the office for lunch demonstrated "disloyalty" and a lack of "commitment" to the company.

While India produced yet another poor batting show which saw them get all-out for 186 in 41.2 overs, the bowlers did a splendid job to reduce Bangladesh to 136 for 9 in the 40th over.

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.

Lemon Cash, an Argentina-based crypto exchange has joined the list of several other companies to announce lay-offs in order to keep their businesses afloat in the market turmoil. Lemon Cash has offices in Argentina as well as Brazil. As per its CEO Marcelo Cavazzoli, losses have been recorded in both of the regions.

Activist investor TCI Fund Management has called on Alphabet Inc to cut costs by lowering its headcount and reduce losses in its self-driving unit Waymo, saying the Google parent needs to adjust to an era of slower growth.

Personal finance experts suggest building a contingency fund that can take care of three months of loan repayment.

Britain's Royal Mail postal operator is seeking to axe up to 10,000 jobs, its parent company said Friday, blaming industrial action for huge financial losses.

Nearly 400 staff at BBC World Service will lose their jobs as part of a cost-cutting programme and move to digital platforms, the broadcaster announced on Thursday.

King Charles III has in the last week faced the difficult task of handling his own grief at the death of his mother, giving voice to the nation's loss and taking on the job of royal figurehead.

Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company Sea Ltd reported widening losses and sharply slower revenue growth.

Stock Market India: Equity benchmarks opened in the green, recouping some of the steep losses in the previous session.