#Cuts

First, the new DG will have to navigate staff cuts, culture wars and a sea of fake news, says Guardian columnist Jane Martinson

Starbucks cuts 300 US corporate roles under CEO Brian Niccol's turnaround plan, aiming for efficiency and growth amid restructuring efforts.

From Independent RSS Feed: From Cisco to Block, more companies are pointing to AI when unveiling job cuts

From Seattletimes RSS Feed: From Cisco to Block, more companies are pointing to AI when unveiling job cuts

Jumia plans to cut 10% of its workforce as AI rolls out across jobs within the African e-commence giant. CEO Francis Dufay spoke to Bloomberg's Jennifer Zabasajja from Abidjan.

The United States government’s abrupt cuts to nearly all US foreign aid in 2025 harmed the global human rights movement and countless people at risk.

Microsoft’s professional network becomes the latest name on a list that now includes Meta, Amazon, Oracle, and IBM, even as the same companies are guiding $725 billion of AI capital spending this year.…

Amazon cut more jobs in its retail business this week, as the company doubles down on AI-driven efficiency gains.

An anonymous reader quotes a report from Reuters: LinkedIn planned to inform staff of layoffs on Wednesday, two people familiar with the matter told Reuters, in a widening of technology sector cuts this year.…

Institution says it could run out of money by 2031 and wants to cut more than 600 academic and support posts

Not long ago, the Treasury market thought it had the Kevin Warsh trade figured out: Simply bet on the multiple interest rate cuts that the nominee had been expected to deliver if he got the job to lead the Federal Reserve.

General Motors is laying off hundreds of salaried employees in its information technology operations.

From Independent RSS Feed: Companies blame AI for deep job cuts for second month in a row

A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.

The bulk of interest-rate cuts in Brazil is likely to come only after October elections, according to former Central Bank director Bruno Serra.

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Verizon cuts hundreds of jobs across the US, impacting less than 1% of its head count, as it continues to reduce costs beyond 2026.

The New Day headlines a stable of stars that were released from their WWE contracts this month, and more information about those roster cuts is coming to light.

Staff warned news operations face 15% cut, above BBC-wide 10% target, as corporation pushes through £600m savings plan

Cross-party group says closure of humanitarian unit will undermine monitoring of legal violations and arms exports