Microsoft CEO Satya Nadella speaks at the Axel Springer building in Berlin on Oct. 17, 2023. He received the annual Axel Springer Award. Ben Kriemann | Getty Images Among the thousands of Microsoft employees who lost their jobs in the cutbacks announced this week were 830 staffers in the company’s home state of Washington. Nearly…
Legislative Hall, the Delaware State Capitol, in Dover, Delaware Aimintang | Istock | Getty Images State and local government job growth powered the U.S. labor market’s expansion in June. Government jobs saw the largest month-over-month sector growth at 73,000, according to data from the federal Bureau of Labor Statistics released Thursday. That means government jobs…
Job growth proved better than expected in June, boosted by government hiring, as the labor market showed surprising resilience and likely took a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May,…
New Delhi: The Indian job market witnessed an encouraging 11 per cent growth in fresher hiring in June, led by strong demand in sectors such as accounting, insurance, and artificial intelligence/machine learning (AI/ML), a new report said on Wednesday. The Naukri JobSpeak report highlights that non-tech sectors are increasingly becoming attractive for young professionals. “Fresher…
A hiring sign is displayed in a Dominos Pizza window on June 25, 2025 in Austin, Texas. Brandon Bell | Getty Images For federal government workers who worked at agencies tied to this year’s job cuts, an apparent slowdown in the labor market is happening at the worst possible time. A gradual pullback in hiring…
My commute might look pretty unusual to most people: I usually catch a 7 a.m. flight from Los Angeles to San Francisco every Wednesday and fly home every Friday night — traveling about five hours door-to-door each way. I never planned on becoming a supercommuter. But an unexpected conversation turned into a job offer, and…
Nitat Termmee | Moment | Getty Images The U.S. job market isn’t looking too hot for recent college graduates and other job seekers, according to economists and labor experts. “The job market is kind of trash right now,” said Mandi Woodruff-Santos, a career coach and personal finance expert. “I mean, it’s really difficult,” she added….
Mathisworks | Digitalvision Vectors | Getty Images While the government cost-cutting initiative known as the Department of Government Efficiency, which resulted in thousands of federal job cuts, winds down, mass layoffs are still roiling corporate America. Companies are under increasing pressure to trim costs against the backdrop of global economic uncertainty brought on by President…
Private sector job creation slowed to a near standstill in May, hitting its lowest level in more than two years as signs emerged of a weakening labor market, payrolls processing firm ADP reported Wednesday. Payrolls increased just 37,000 for the month, below the downwardly revised 60,000 in April and the Dow Jones forecast for 110,000….
Bob Iger, CEO, The Walt Disney Company appears at the Disney Entertainment Showcase at D23: The Ultimate Disney Fan Event in Anaheim, California on August 09, 2024. Jesse Grant | Getty Images Entertainment | Getty Images Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a Reuters source…
