Bracing for another wave of layoffs: Citigroup plans job cuts as a part of restructuring
Citigroup plans to operate five main businesses and terminate three regional chiefs who look after the ...
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Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated
Amazon Inc announced a second round of layoffs on Monday, which would result in the termination ...
Microsoft’s quarterly profit declines to $16.4bn amidst layoffs and economic concerns
Microsoft had also recently taken the decision to cut 10,000 employees owing to the health of ...
Microsoft & Meta To Vacate Seattle Offices. The Reason Is Not Just WFH or Layoffs.
In separate announcements, tech giants - Microsoft and Meta have revealed that they would be vacating ...
Microsoft Walks Away from Data Centre Projects in the US and Europe
Microsoft, whose shares were down more than 1%, stated they might deliberately modify their infrastructure in ...
Indonesian Rupiah Hit a 27-Year Low, Citing Global Uncertainty and Prabowo’s Schemes
The country’s central bank, Bank Indonesia had to step in to stop the loss, ending the ...
Is Vietnam’s Export Reliance on US Making It The Next Victim of Trump’s Tariffs?
A survey reported that if duties are imposed, most American manufacturers in Vietnam expect forced layoffs ...
Ford Cut 4000 Jobs In Europe Due To The Pressure Of Declining EV Sales
Ford aims to save costs as the industry struggles with declining demand and is attempting to ...
AstraZeneca ‘Threatened’ Laying off Employees If Controversial Biodiversity Drug Levy Passes
The British-Swedish biotech company, AstraZeneca generated $5.96 billion (£4.59 billion) profits last year, made these remarks ...
Sainsbury’s Invest £130m To Buy 10 Homebase Stores And Convert Them Into Supermarkets
Simon Roberts, the CEO of Sainsbury’s group, which also owns Argos and Habitat, states that he ...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
