20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella.Getty Images | ReutersThe more than 20,000 potential job cuts Meta ...
Tag: cuts
Nike cuts 1,400 roles in second round of layoffs this year
People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new ...
Indus Towers: Jefferies cuts rating to underperform, gives reasons for bear outlook
Jefferies has downgraded Indus Towers to "underperform" and slashed its price target to Rs 375, citing emerging risks around tower ...
Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait
Treasury Secretary Scott Bessent on Tuesday expressed confidence that inflation will moderate through the year, giving the Federal Reserve room ...
Ceasefire not good for stock market? BNP Paribas cuts Nifty target for 2026, but picks 9 stocks
India's equity outlook has turned more cautious after the recent crude oil spike, with BNP Paribas trimming its optimism for ...
Intense quick commerce competition ahead? UBS cuts Eternal, Swiggy’s target prices but sees attractive valuations
UBS reduced its FY27-29 quick commerce NOV estimates by 7-11% for Blinkit, and GOV estimates by 17-22% for Instamart. It ...
Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year
Federal Reserve Governor Stephen Miran on Monday continued his campaign for lower interest rates, telling CNBC that policymakers should disregard ...
Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018.Brendan McDermid | ReutersMoody's ...
Fed Governor Waller urges caution for now, says rate cuts possible later in the year
Federal Reserve Governor Christopher Waller on Friday expressed caution about current economic conditions but still sees the opportunity for interest ...
Crypto.com lays off 12% of workforce in latest company to cite AI in job cuts
Omar Marques | Lightrocket | Getty ImagesCryptocurrency trading platform Crypto.com announced Thursday that it is laying off 12% of its ...
