Tag: Job Cuts

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Kay Bailey Hutchison, ...

The White House budget office has told federal agencies to prepare plans for mass firings during a potential government shutdown. ...

Microsoft began job cuts that will impact about 9,000 workers, a second major wave of layoffs this year as it ...

United Parcel Service expects to cut 20,000 jobs this year and close facilities as it dramatically reduces shipments for e-commerce ...

Thousands of employees at the Internal Revenue Service have lost their jobs in recent months as part of widespread cuts ...

Morgan Stanley is planning to cut about 2,000 employees this month, according to people familiar with the matter. It would be ...

Meta is cutting around 5% of its staff through performance-based terminations and plans to hire new people to fill their ...

Minneapolis Federal Reserve President Neel Kashkari says inflation is heading in the right direction. But he says it's too soon ...

CNBC explores challenges currently facing U.S. tech workers, including mass layoffs, widespread cuts in company budgets, and threats of deportation ...

German carmakers are sinking deeper into a crisis undermining the future of the country’s most important industry, with BMW AG ...