The ongoing recession may have been triggered way back in October 2023, says Danielle DiMartino Booth.

Tesla, led by CEO Elon Musk, has recently made significant job cuts, affecting the car maker's charging team ... Ever Do I quit my $376,000 dream job at Goldman Sachs to care for my mother when she ...

Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the ...

Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...

Less than 30 per cent of Hong Kong businesses plan to use senior job titles to attract or retain talent, though the practice is more common in certain sectors, and could be at odds with younger ...

Banco Sabadell has rejected a €12bn takeover proposal from its larger rival BBVA, the Spanish lender said on Monday, stating the offer “significantly undervalues” Banco Sabadell’s potential and its ...

The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything ...

Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...

Several private equity firms are thinking about buying Peloton, the company that makes connected fitness equipment, as it ...

Amazon-owned Twitch also announced job cuts. Twitch announced on January 10 that it would cut 500 jobs, affecting over a third of the employees at the live-streaming company. CEO Dan Clancy ...

U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.

You can follow the full year's layoff trends below, in which the workforce reductions started off with a peak in Q1, before ...