World / Countries / MNCs
IT major Cisco on Wednesday announced its plan to lay off 5 percent of its global workforce. more
The Body Shop collapses into administration in UK, over 2000 jobs are now at risk

Cosmetic chain The Body Shop has collapsed into administration in the UK, leaving more than 2,200 jobs at risk.

US department store chain Macy's to slash 2,350 jobs

US department store chain Macy's is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores.

As India surges ahead in digital payments, US plays catch-up

Gene Bradford opens up his shop, West Main Auto Repair, each morning at 8 a.m in Lexington, Georgia (USA). He’s lived in the small, close-knit community of Oglethorpe County for yea ...

Apple overtake Samsung to become world's top smartphone seller

Apple has overtaken South Korean technological giant Samsung as the world’s top smartphone seller.

World Economic Forum Report says global economic prospects remain subdued and fraught with uncertainty amid ongoing geopolitical rifts, AI advancement

Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with hea ...

Reports says world’s five richest men more than doubled their fortunes since 2020

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five bil ...

China's export drops for first time in seven years

China's exports are witnessing a downfall for the first time since 2016 after demand for Chinese-made goods slowed down, media reports said.

Tech giant Google slashes several hundred jobs across multiple divisions, workers union calls move 'needless'

Tech giant Google has slashed several hundred jobs, across multiple divisions, including engineering and services, on Wednesday, media reports said.

Several world's top banks laid off over 60,000 employees in 2023

Twenty of the world's largest banks laid off more than 60,000 employees in 2023, marking one of the worst years for job cuts since the 2007-2008 financial crisis, the Financial Times ...