Latest in Job Cuts Ended
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Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - 8h -
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 - 10h -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - 13h -
Treasury yields end at lowest levels in weeks on rate-cut possibilities
Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.MarketWatch - 1d -
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 - 1d -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 2d -
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 - 4d -
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 -
10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report
Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...MarketWatch - 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 -
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 -
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent.The New York Times - 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 -
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 -
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 -
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 -
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 -
How to Tell Stories Like Steve Jobs
A professor came up with four principles that anyone can use to make messaging more memorable.Inc. - Jan. 6 -
Trudeau's era comes to an end
Yahoo News - Jan. 6 -
GM: Bears to interview interim Brown for HC job
The Bears will interview interim coach Thomas Brown for the team's head coaching vacancy, general manager Ryan Poles said.ESPN - Jan. 5 -
Did the US jobs market hold up?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 5 -
Johnson’s Reward as Speaker: An Impossible Job Delivering for Trump
Speaker Mike Johnson narrowly avoided a painful and prolonged fight to keep his post, but his messy victory showed how difficult his job will be in the new all-Republican Congress.The New York Times - Jan. 4 -
Johnson job performance slips among Republicans: survey
Speaker Mike Johnson’s (R-La.) job performance is slipping among Republicans, according to a new survey. An Economist/YouGov poll conducted between Dec. 21 and Dec. 24 and released on Thursday ...The Hill - Jan. 3 -
Britain's 'oldest' barrister still loves job at 90
Noel Philo continues to prosecute and defend criminal cases at Lincoln Crown Court.BBC News - Jan. 3 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2
