Christmas Day 2023: Complete List of Service Closures
Planning for Christmas Day? Banks, USPS, FedEx, UPS, and Walmart will be closed on December 25. Check details for essential services and alternative options.
Planning for Christmas Day? Banks, USPS, FedEx, UPS, and Walmart will be closed on December 25. Check details for essential services and alternative options.
Hindustan Coca-Cola Beverages plans to cut 4-6% of its workforce to streamline operations after a 73% profit decline. Details on the restructuring and market impact.
FedEx increased H-1B hiring to 500 after a $2.24B US government contract, leading to criticism of Indian-origin CEO Raj Subramaniam for reducing American positions. Explore the details and controversy.
FedEx faces scrutiny as H-1B visa hires surge to 500 after a $2.24 billion US government contract, while hundreds of American jobs are cut across multiple states. Read the full story.
Spanish telecom giant Telefonica SA will cut 5,500 jobs at a $2.9 billion cost, aiming for over $700 million in annual savings. The move follows a trimmed cash flow outlook and a halved dividend. Get the latest business news updates.
AI is reshaping the 2025 job market, causing 55,000 US layoffs. Major firms like Amazon and Microsoft cite AI restructuring. Explore the data and expert debate on this workforce transformation.
In 2025, AI became a primary driver of tech layoffs, with over 55,000 US jobs cut. Amazon, Microsoft, IBM, and Indian IT firms like TCS saw significant workforce reductions. Explore the data and impact.
Entrepreneur Ankur Warikoo opens up about the emotional turmoil after raising $17M from Sequoia India, leading to painful layoffs of 80 employees. Discover his coping mechanisms.
Amazon's largest job cuts in Luxembourg in 20 years force 370 employees out. Indian and foreign staff face a 3-month deadline to find new jobs or leave the EU. Read the full impact.
US tech sector faces a reckoning as job postings fall by 31,800 and unemployment rises to 4%. AI is now a baseline skill, reshaping hiring towards precision over scale. Read the full analysis.
Amazon's latest layoffs in Europe signal a harsh new reality for software engineers as AI reshapes tech careers. Discover what this means for Indian students and professionals.
Amazon announces 84 new job cuts in Washington state, unrelated to its global 14,000 layoffs. The separations, affecting tech and HR roles, are scheduled for 2026. Read the full details.
The Trump administration recalls dozens of Education Department workers to address a growing backlog of over 25,000 civil rights complaints. A temporary fix amid ongoing layoff plans.
Author Robert Kiyosaki warns of bigger layoffs in 2026 and shares key strategies to build wealth during the coming recession. Learn how to protect your savings and find opportunities.
Mark Zuckerberg announces deep cuts to Reality Labs and January layoffs after $70B metaverse losses. Meta pivots billions to AI like Llama and smart glasses. Investors cheer as stock jumps 6%. Read the full story.
A US federal judge has temporarily blocked the layoff of 250 State Department employees. The ruling cites a law passed after the government shutdown. Read the full story for details.
AWS CEO Matt Garman says AI amplifies human capability, not eliminates jobs. Yet, Amazon's recent layoffs and internal dissent raise questions. Read the full story.
IBM CEO Arvind Krishna refutes AI as primary cause of tech layoffs, calling it a 'natural correction' post-pandemic over-hiring. He projects up to 10% AI-led job displacement, but sees long-term hiring growth. Read more.
Omnicom announces over 4,000 layoffs and major agency mergers following its $13 billion acquisition of rival IPG. CEO says savings will exceed $750 million. Read the full story.
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
A Chandigarh resident lost ₹20.47 lakh to cyber criminals posing as FedEx officials. Learn how this sophisticated scam unfolded and crucial tips to protect yourself from similar frauds.
HP announces 4,000-6,000 job cuts by fiscal 2028, adding to earlier layoffs. Learn practical strategies to navigate tech sector uncertainty and protect your career.
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
A Mangaluru woman lost Rs 13.38 lakh to cyber criminals posing as FedEx and Mumbai Police officials. Learn how the sophisticated scam unfolded and crucial safety measures to protect yourself from similar frauds.
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
Apple eliminates dozens of enterprise, education and government sales positions in strategic shift. Affected employees have until January 20 to find new roles or accept severance.
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
CBS cancels its iconic 'Saturday Morning' show, firing hosts Michelle Miller & Dana Jacobson. The move is part of major layoffs causing employee anxiety. Details inside.