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US Government On Brink Of Shutdown After Senate Rejects Funding Bills
The US government barreled towards its first shutdown in six years Tuesday, with funding expiring at midnight after Democrats fought a war of words with Donald Trump and senators rejected a last-ditch bid to keep the lights on.
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US Lawmakers Seek Answers From Firms Over H-1B Visa Use Amid Layoffs
US lawmakers have asked major US companies, including Apple, Amazon and JPMorgan, to explain why they are hiring thousands of foreign workers on H-1B visas while cutting other jobs, the Wall Street Journal reported on Wednesday.
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US Federal Reserve Makes First Rate Cut Of 2025 On Employment Risks
The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and risks to employment as policymakers face...
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Stanford Plans To Axe 363 Jobs Amid Trump's Funding Cuts
Stanford University plans to axe hundreds of staff due to funding cuts for higher education under President Donald Trump, the latest mass layoff at an elite US college.
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Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
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"Ditch Instagram, Learn AI Or Get Left Behind," Says Perplexity AI CEO
Cut down the time you spend on social media and prioritise learning Artificial Intelligence (AI). This is the Perplexity AI CEO Aravind Srinivas' message to the youngsters.
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Walmart Cuts Hundreds Of Store-Support, Training Jobs To Simplify Structure
The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News.
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Trump's Big Bill Cuts Clean Energy Tax, Residential Solar To Get Hit Fast
The bill in the Housetakes anaxto clean energy incentives, including killing a 30% tax credit for rooftop residential solar by the end of the year that the Biden administration'sInflation Reduction Acthad extended into the next decade.
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Microsoft's Sales Chief To Take Two-Month Sabbatical Amid Expected Layoffs
Microsoft Corp.'s top sales executive is planning to take a two-month sabbatical, a move that coincides with an expected wave of terminations targeting his organisation.
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Cuts To EV Credits Would Be "Destructive": Musk Slams Trump's Tax Bill
Elon Musk slammed the US Senate's latest version of President Donald Trump's multi-trillion dollar tax bill Saturday, warning that the cuts to electric vehicle and other clean energy credits would be "incredibly destructive" to the country.
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Trump's 2026 Defence Plan: More Drones, Fewer Ships And F-35s
US President Donald Trump wants a pay raise for troops, more high-tech missiles and drones in next year's defense budget, while cutting Navy jobs, and buying fewer ships and fighter jets to save money, according to budget materials posted Wednesday.
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TikTok Shop US Employees Told to Work From Home Amid Layoff Fears. Read Full Memo
The move is part of a restructuring of its operations as the company is facing immense regulatory pressures and business challenges in the US.
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Trump Cuts $400 Million Over Harassment Of Jewish Students, Columbia University Fires 180 Staff
Columbia University cuts 180 staff jobs due to loss of $400 million federal funding over allegations of inaction against harassment of Jewish students, despite complying with some demands.
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US's Central Intelligence Agency To Cut 1,200 Jobs: Report
The CIA plans to shrink its workforce by some 1,200 positions, while other intelligence agencies will also shed thousands of jobs, the Washington Post reported Friday.
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"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs
Bloomberg reported that more than 20 percent of Intel staff could be laid off.
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US Government On Brink Of Shutdown After Senate Rejects Funding Bills
The US government barreled towards its first shutdown in six years Tuesday, with funding expiring at midnight after Democrats fought a war of words with Donald Trump and senators rejected a last-ditch bid to keep the lights on.
-
US Lawmakers Seek Answers From Firms Over H-1B Visa Use Amid Layoffs
US lawmakers have asked major US companies, including Apple, Amazon and JPMorgan, to explain why they are hiring thousands of foreign workers on H-1B visas while cutting other jobs, the Wall Street Journal reported on Wednesday.
-
US Federal Reserve Makes First Rate Cut Of 2025 On Employment Risks
The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and risks to employment as policymakers face...
-
Stanford Plans To Axe 363 Jobs Amid Trump's Funding Cuts
Stanford University plans to axe hundreds of staff due to funding cuts for higher education under President Donald Trump, the latest mass layoff at an elite US college.
-
Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
-
"Ditch Instagram, Learn AI Or Get Left Behind," Says Perplexity AI CEO
Cut down the time you spend on social media and prioritise learning Artificial Intelligence (AI). This is the Perplexity AI CEO Aravind Srinivas' message to the youngsters.
-
Walmart Cuts Hundreds Of Store-Support, Training Jobs To Simplify Structure
The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News.
-
Trump's Big Bill Cuts Clean Energy Tax, Residential Solar To Get Hit Fast
The bill in the Housetakes anaxto clean energy incentives, including killing a 30% tax credit for rooftop residential solar by the end of the year that the Biden administration'sInflation Reduction Acthad extended into the next decade.
-
Microsoft's Sales Chief To Take Two-Month Sabbatical Amid Expected Layoffs
Microsoft Corp.'s top sales executive is planning to take a two-month sabbatical, a move that coincides with an expected wave of terminations targeting his organisation.
-
Cuts To EV Credits Would Be "Destructive": Musk Slams Trump's Tax Bill
Elon Musk slammed the US Senate's latest version of President Donald Trump's multi-trillion dollar tax bill Saturday, warning that the cuts to electric vehicle and other clean energy credits would be "incredibly destructive" to the country.
-
Trump's 2026 Defence Plan: More Drones, Fewer Ships And F-35s
US President Donald Trump wants a pay raise for troops, more high-tech missiles and drones in next year's defense budget, while cutting Navy jobs, and buying fewer ships and fighter jets to save money, according to budget materials posted Wednesday.
-
TikTok Shop US Employees Told to Work From Home Amid Layoff Fears. Read Full Memo
The move is part of a restructuring of its operations as the company is facing immense regulatory pressures and business challenges in the US.
-
Trump Cuts $400 Million Over Harassment Of Jewish Students, Columbia University Fires 180 Staff
Columbia University cuts 180 staff jobs due to loss of $400 million federal funding over allegations of inaction against harassment of Jewish students, despite complying with some demands.
-
US's Central Intelligence Agency To Cut 1,200 Jobs: Report
The CIA plans to shrink its workforce by some 1,200 positions, while other intelligence agencies will also shed thousands of jobs, the Washington Post reported Friday.
-
"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs
Bloomberg reported that more than 20 percent of Intel staff could be laid off.
