adminTarget cuts 1,800 corporate jobs, first major layoffs in a decade
Target said on Thursday it’s cutting 1,800 corporate jobs as the retailer tries to get back to growth after four years of roughly stagnant sales. It marks the first major…
GM lays off more than 200 salaried workers in latest round of job cuts
The headquaters of US auto company General Motos (GM) in Detroit, Michigan. Uli Deck | Picture Alliance | Getty Images DETROIT – General Motors laid off more than 200 salaried…
US Fed cuts rates, hints at more easing ahead: What it means for the Indian stock market, and the stocks likely to react
The US Federal Reserve decided to cut the benchmark interest rate by 25 basis points on Wednesday, September 17, amid signs of growing stress in the labour market. The FOMC…
Microsoft says Azure cloud service disrupted by fiber cuts in Red Sea | Technology News
Microsoft said on Saturday that its Microsoft Azure users may experience increased latency due to multiple undersea fiber cuts in the Red Sea. In an updated status message for its…
Spirit Airlines cuts flights in 12 cities as United, rivals circle
A Spirit Airlines jet takes off above two United Airlines airplanes at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. Gary Hershorn | Getty Images Spirit Airlines…
Paramount mandates 5-day-a-week return to office ahead of cost cuts
Paramount Pictures studio lot at 5555 Melrose Avenue in Hollywood, California, on June 5, 2024. Brian Van Der Brug | Los Angeles Times | Getty Images David Ellison continues to…
Wall Street cracks post US Fed: Dow Jones, Nasdaq, S&P 500 drop nearly 1% post Powell’s comments on future rate cuts
Wall Street cracks post US Fed: Dow Jones, Nasdaq, S&P 500 drop nearly 1% post Powell’s comments on future rate cuts Read all US stock market news here Read all…