Latest in Job Cuts Departments
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Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - Jan. 15 -
Trump's Canada and Greenland Threats Imperil China Fight, Says Departing Envoy
Nicholas Burns, the U.S. ambassador to China, also said he was leaving his post with deep concerns about the future of relations with China.The Wall Street Journal - Jan. 15 -
Top BlackRock executive Mark Wiedman to depart
Move scrambles asset management giant’s plans to eventually replace founder Larry FinkFinancial Times - Jan. 14 -
Jones, Sanders talk about Cowboys coaching job
Cowboys owner and general manager Jerry Jones has spoken with Colorado coach Deion Sanders about Dallas' open head coach position, a source confirmed to ESPN.ESPN - Jan. 14 -
Watch live: Biden delivers foreign address at State Department
President Biden is beginning his farewell tour around Washington this week with an address on Monday at the State Department to highlight his work on foreign policy during his presidency. Biden is ...The Hill - Jan. 13 -
Biden to reflect on foreign policy legacy in remarks at State Department Monday
President Biden on Monday will deliver remarks at the State Department about his administration's foreign policy legacy as a whole and what the White House calls his efforts to strengthen the ...CBS News - Jan. 13 -
Hoda Kotb Departs NBC’s ‘Today’ Amid Lots of Praise and Tears
Special guests, including Simone Biles and Oprah Winfrey, offered tributes to the longtime host, capping off a week that “Today” had called a “Hoda-bration!”The New York Times - Jan. 13 -
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 lineFinancial Times - Jan. 13 -
Reeves 'to wage war on waste' and 'Nine-jobs Nigel'
"Growing disquiet" in the Labour Party and Nigel Farage's "side-hustles" lead Sunday's newspapers.BBC News - Jan. 12 -
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 -
Jack Smith resigns from US justice department as special counsel
Smith, who tried to prosecute Donald Trump over classified documents and US Capitol riot, stepped down Friday. Jack Smith, the justice department’s special counsel assigned to oversee two criminal ...The Guardian - Jan. 11 -
Justice Department finds Tulsa Race Massacre was ‘systemic’ and ‘coordinated’
The Department of Justice found in a newly released report that though the Tulsa Race Massacre was a “systematic” and “coordinated” attack that transcended mere mob violence, any legal ...The Hill - Jan. 10 -
Newsom calls for independent investigation of LA Department of Water and Power
California Gov. Gavin Newsom (D) called for an independent investigation of the Los Angeles Department Water and Power on Friday amid reported water supply issues during this week's wildfires. In ...The Hill - Jan. 10 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
U.S. Employers Add 256,000 Jobs in December
A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.The New York Times - Jan. 10 -
Here’s where the jobs are for December 2024 – in one chart
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.CNBC - Jan. 10 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 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 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
US adds whopping 256K jobs in December
The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released Friday by the Labor Department. The December jobs report showed the U.S. ...The Hill - Jan. 10 -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - Jan. 10 -
Trump announces new ambassador, Justice Department, VA nominees
President-elect Trump announced on Thursday his latest batch of presumptive nominees to serve in his forthcoming administration. Trump announced his pick of Christine Jack Toretti, Pennsylvania’s ...The Hill - Jan. 10 -
Is a Macy’s near you closing? Beleaguered department store is closing 66 locations.
Macy’s Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its ...MarketWatch - Jan. 9 -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - Jan. 9 -
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 -
49ers interview Saleh, Townsend for defensive coordinator job
The San Francisco 49ers completed interviews with two external candidates for the open defensive coordinator job.Yahoo Sports - Jan. 9 -
Demystifying the Department of Government Efficiency
This week we break down the new government committee being led by Elon Musk and Vivek Ramaswamy.Wired - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Can the Justice Department Survive a Trump Wrecking Ball?
Over the next four years, the rule of law will face a profound test.The New York Times - 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 -
Report: Chris Spielman will interview for Jets G.M. job
The unsung hero of the resurgence of the Detroit Lions is finally getting his due.Yahoo Sports - Jan. 9 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Deschamps to leave France job after 2026 WC
Didier Deschamps will leave his role as France head coach at the end of his current contract culminating in the 2026 World Cup cycle.ESPN - Jan. 8 -
The fight over robots threatening American jobs
As automation becomes a reality everywhere from retail warehouses to restaurant kitchens, the use of robots is increasingly controversialFinancial Times - Jan. 8 -
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - Jan. 7 -
Jimmy Carter's casket departs from the Carter Presidential Library
Watch as a departure ceremony is held for former President Jimmy Carter at his presidential library before his remains are transported to the U.S. Capitol to lie in state.NBC News - Jan. 7 -
Was this the game that saved Ferguson's job at Man Utd?
Players and journalists look back at the 1990 FA Cup third-round tie between Manchester United and Nottingham Forest.BBC News - Jan. 7