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U.s. initial jobless claims inch higher, but no sign layoffs are rising

U.S. initial jobless claims inch higher, but no sign layoffs are rising Read Full Story The post U.S. i...

October 5, 2023, 12:35 pm

Forexlive european fx news wrap: dollar and yields kept in check, oil continues fall

Headlines:Yields come off the boil, US jobs report comes into focusECB's Lane: Credit dynamic really has been quite weakECB's Kazimir says believes th...

October 5, 2023, 12:00 pm

Us september challenger layoffs 47.46k vs 75.15k prior

Prior 75.15kUS-based employers announced 46,457 job cuts last month, down roughly 37% from the 75,151 job cuts announced in August. However, this is s...

October 5, 2023, 11:30 am

Citigroup outlines process for layoffs, reassignments in memo

Citigroup managers are in the process of reviewing staff rosters ahead amid a restructuring that will be announced in November, according to a memo se...

October 4, 2023, 8:15 pm

Barclays begins culling 3% of its dealmakers-sources

Barclays Plc initiated layoffs this week targeting 3% of its global investment banking workforce, peopl...

October 4, 2023, 10:44 am

Us dollar index higher on jolts data

Hiring was unchanged at around 5.9m (3.7%); total separations, which, according to the Bureau of Labour Statistics (BLS), include quits, layoffs, disc...

October 4, 2023, 8:37 am

2023 layoff tracker: ford and gm lay off 500 employees amid uaw strike

layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first ...

October 3, 2023, 10:49 am

Ford laying off 300 workers in chicago due to 'impact of uaw strike'

CNBC's Phil LeBeau joins 'Fast Money' with breaking news on new layoffs out of Ford....

October 2, 2023, 6:15 pm

Ford warns extended uaw strike could result in up to 500,000 employee layoffs

Following the United Auto Workers' announcement extending strike to another Ford assembly plant, the automaker's supply chain chief said up to 500,000...

September 29, 2023, 4:11 pm

Citigroup ceo jane fraser on layoffs, major overhaul: ‘don't have room for bystanders'

"The case for change is pretty clear - our people want to succeed and our highest performers got behind this very quickly," CEO Fraser told CNBC....

September 29, 2023, 1:12 pm

Citigroup ceo jane fraser sees 'cracks' emerging among some consumers as savings dry up

Citigroup CEO Jane Fraser joins 'Squawk on the Street' to discuss the vision behind splitting Citi into five business units, whether ...

September 29, 2023, 11:27 am

Italy court condemns uber eats over 4,000 layoffs

A Milan tribunal ordered Uber Eats Italy Thursday reverse this summer's lay-off of 4,000 riders, condemning the platform for failing to properly consu...

September 29, 2023, 3:58 am

Centene layoffs will see health insurance provider cut 2,000 jobs

Looking to cut costs, Centene has confirmed that they'll be cutting 2,000 members of staff, despite recording Q2 profits of over $1 billion....

September 28, 2023, 5:59 am

2023 layoff tracker: snap cuts 170 employees

layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first ...

September 27, 2023, 4:20 pm

Amazon hires former microsoft product chief to oversee devices unit

Panay is joining Amazon at a precarious moment for its devices and services unit, which was hit with layoffs <...

September 27, 2023, 11:26 am

2023 layoff tracker: centene cuts 2,000 employees

layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first ...

September 27, 2023, 10:27 am

American express' ceo ran his bold pandemic plan by warren buffett. the investor supported it - and urged him to take care of amex's brand and customers

American Express CEO Steve Squeri ran his pandemic plan by his biggest shareholder, Warren Buffett. Squeri wanted to avoid layoffs, acquire businesses...

September 27, 2023, 9:22 am

Citigroup (c) warns of potential layoffs in its uk business

As part of the previously announced reorganization efforts, Citigroup (C) alerts employees in the U.K. of probable job cuts....

September 25, 2023, 1:32 pm

Meta boosting worker morale by bringing back perks: report

After the company's recent layoffs, Meta (META) is aiming to boost employee morale by bringing back different perks, including branded t-shirts, happy...

September 23, 2023, 9:00 am

Gm and stellantis layoffs number thousands as strike tensions escalate

The three car makers' stocks are struggling to stay buoyant....

September 22, 2023, 7:32 am


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