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Senate confirms Pam Bondi to lead Justice Department

The Senate on Wednesday voted to confirm Pam Bondi as the next attorney general, giving her control of a Justice Department embroiled in controversy. The vote was 54-46. Sen. John Fetterman (D-Pa.) ...
The Hill - 15h
Estée Lauder is trying to fast-track premium products. But it’s cutting jobs, and is the S&P 500’s worst performer today.

Estée Lauder on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in higher-end beauty, after the company swung to a quarterly loss and ...
MarketWatch - 20h
Jan. 6 conspiracy theory promoter named to a top State Department job

Darren Beattie, who's claimed the FBI was responsible for the 2021 attack on the Capitol, has been named acting undersecretary of state for public diplomacy.
NBC News - 1d
$Senate confirms fracking CEO Chris Wright to lead Energy Department$

Senate confirms fracking CEO Chris Wright to lead Energy Department

The Senate on Monday confirmed Chris Wright, the CEO of fracking company Liberty Energy, to lead the Energy Department. The vote was 59-38. Democrat Sens. Michael Bennet (Colo.), Ruben Gallego ...
The Hill - 1d
USAID to merge into State Department with major budget cuts

The U.S. Agency for International Development will be folded into the State Department, sources tell CBS News. CBS News senior White House reporter Jennifer Jacobs has the latest.
CBS News - 1d
Microsoft Starts Cutting Low Performers With Brusque Termination Letters

The tech giant is firing employees it says aren’t meeting productivity standards. The dismissal notices say they will lose benefits instantly, and may not get severance pay.
Inc. - 4d
DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum

"It's going to be a slow process to get to a hurdle to cut rates again. … I don't think you're going to see a cut at the next Fed meeting," Gundlach said.
CNBC - 6d
Cardiff uni job cuts 'threaten supply of nurses'

Some lecturers at Cardiff University have begun getting letters advising them their post is at risk.
BBC News - Jan. 29
Senate confirms Sean Duffy to lead Department of Transportation

The Senate on Tuesday confirmed former Rep. Sean Duffy (R-Wis.) to be the next Transportation secretary, putting him in place to lead a sprawling agency that oversees air travel, highways, ...
The Hill - Jan. 28
Nvidia, Microsoft shares tumble amid rise of China-based AI DeepSeek

DeepSeek chatbot tops Apple's app-store charts.
ABC News - Jan. 27
Ubisoft Closes Studio, Eliminating 185 Jobs In Latest Round Of Cuts

The challenging times at Ubisoft continue, as the French gaming company has announced it is closing one studio and downsizing others in the firm's latest round of cost-cutting that will see about ...
GameSpot - Jan. 27
Kristi Noem confirmed by US Senate to head Department of Homeland Security

South Dakota governor will take on Trump’s anti-immigration mission, air travel and natural disasters. Kristi Noem secured US Senate confirmation as homeland security secretary on Saturday, ...
The Guardian - Jan. 25
Senate confirms Noem to lead Department of Homeland Security

The Senate on Saturday approved the nomination of South Dakota Gov. Kristi Noem (R) to lead the Department of Homeland Security (DHS), putting her at the center of an administration focused heavily ...
The Hill - Jan. 25
The Papers: Job cut fears and PM 'rejects whole-life term reform'

The state of the UK economy and calls for sentencing reform after the Southport attack lead the papers.
BBC News - Jan. 25
UK businesses cut jobs at fastest pace since 2009 bar the pandemic

S&P’s results add to gloom about economy as employment levels fall
Financial Times - Jan. 24
CNN Cuts Jobs and Shuffles TV Lineup as It Enters New Trump Era

Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.
The New York Times - Jan. 23
Sainsbury's to cut 3,000 jobs and shut cafés and pizza counters

The changes are part of a cost-cutting plan, but recent tax rises for businesses have also been a factor.
BBC News - Jan. 23
Sainsbury’s to cut 3,000 jobs as rising costs hit business

Supermarket chain will lose a fifth of senior management roles and close in-store cafés
Financial Times - Jan. 23
These federal jobs are most at risk of being cut by Trump’s executive orders

Workers in DEI roles, new hires, and IRS employees are at risk as Trump culls the federal workforce.
MarketWatch - Jan. 22
Stripe cuts 300 jobs in product, engineering and operations

Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.
CNBC - Jan. 21
UK employers cut jobs after Budget, official data shows

Drop in payrolled workforce comes even as wage growth accelerates
Financial Times - Jan. 21
Biden's remarks as he departed Joint Base Andrews

CBS News' Weijia Jiang reports former President Joe Biden addressed members of his staff before departing Joint Base Andrews, celebrating his administration's efforts while he was president.
CBS News - Jan. 20
How High Performing CEOs Across 6 Industries Are Preparing for Trump 2.0

From bolstering inventory to reshoring supply chains, here’s how some of America’s most successful companies are prepping for another four years of Donald Trump.
Inc. - Jan. 20
Commerzbank explores thousands of job cuts in answer to Andrea Orcel

German lender under pressure to cut costs and boost returns after approach from UniCredit
Financial Times - Jan. 18
Starbucks Expecting Job Cuts by March

Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.
The Wall Street Journal - Jan. 17
Citigroup Slashes Jobs as Cost-Cutting Continues

Targets include senior managers in the banking giant’s wealth, technology and data analysis units.
Inc. - Jan. 17
Kristi Noem Senate confirmation hearing to lead Department of Homeland Security

Watch live coverage as Kristi Noem, President-elect Donald Trump’s pick to lead the Department of Homeland Security, testifies at a confirmation hearing before the Senate homeland security committee.
NBC News - Jan. 17
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.
CNBC - Jan. 16
BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance
Financial Times - Jan. 16
BP to cut 4,700 jobs and 3,000 contractor roles to help save £1.6bn

Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy. BP is to cut thousands of jobs from its global workforce, amounting to 5% of its ...
The Guardian - Jan. 16
BP to cut 4,700 jobs to reduce costs

The job losses at the oil giant will affect more than 5% of its global workforce.
BBC News - Jan. 16
Oil major BP to cut thousands of jobs in cost-saving drive

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.
CNBC - Jan. 16
Lloyds to cut 500 jobs and close two offices

UK bank to review more than 1,500 jobs across multiple departments
Financial Times - Jan. 15
Gazprom considers record job cuts as Ukraine war ravages finances

Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on line
Financial Times - Jan. 13
Los Angeles Fire Department budget sustained cuts but saw overall increase

Los Angeles Fire Department budget sustained cuts but saw an overall increase.
ABC News - Jan. 11
Musk and Ramaswamy sending agents across US government to seek cuts

So-called department of government efficiency charged by Trump to help effect radical government shake-up. Elon Musk and Vivek Ramaswamy have already dispatched emissaries across the US ...
The Guardian - Jan. 10
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail

Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.
CNBC - Jan. 10
Microsoft confirms performance-based job cuts across departments

Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.
NBC News - Jan. 9
4 in 10 companies planning job cuts due to AI: Survey

Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...
The Hill - Jan. 9
Microsoft confirms performance-based job cuts across departments

Microsoft said it's cutting a small percentage of jobs across departments, based on performance.
CNBC - Jan. 9

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