Starbucks is laying off 224 workers, including 120 who declined to relocate from Seattle, while restructuring.
Browsing: Economy
Ajay Raju and Tom McGrath examine yuppie culture, inequality, AI, capitalism, and the evolving global economy on Overheard.
Trump urges Congress to pass the stalled CLARITY Act, seeking clearer cryptocurrency regulations, boosting bitcoin and other crypto prices.
The US national debt has surpassed $40T for the first time, raising fresh concerns over deficits, borrowing costs, long-term fiscal stability
Zepz report finds younger immigrants are driving remittance trends as small, frequent transfers increasingly support expense across countries
Oracle employees could face another round of layoffs, months after March cuts as the company moves to reduce payroll
Imperial Brands is preparing thousands of job cuts in the US and Europe as the tobacco giant restructures amid declining cigarette sales
U.S. employers unexpectedly cut 23,000 jobs in July, while gains in the previous two months were revised sharply lower
U.S. workers’ share of GDP fell to a record low in 2026, as automation, globalization and weaker unions reshape economic gains
Salesforce will lay off 59 employees in Washington state as the company continues its latest restructuring.
Hackers targeted Wall Street financial firms and money managers in a “vishing” attack involving phone calls.
Indian families question U.S. education as proposed OPT fee hikes and visa uncertainty raise concerns over jobs and future prospects
Chime cuts 10% of its workforce as AI-driven restructuring aims to improve efficiency, streamline operations, and accelerate business growth.
Visa to cut 2,600 jobs globally as the payments giant restructures operations, boosts efficiency, and invests in AI-driven growth.
The media company is laying off 180 employees across Buzzfeed, Huffpost, and Tasty following major financial losses.
Porsche will cut 9,000 jobs by 2035 amid Volkswagen restructuring, weak China sales, EV challenges, and rising competition
Patreon cuts 20% of its workforce as CEO Jack Conte cites AI-driven industry changes and company restructuring.
Spain’s $50 million FIFA World Cup 2026 prize could face U.S. taxation, raising questions over international athlete tax obligations
Discover how the Zentheon uses AI-driven entrepreneurship to empower SMEs, boost innovation, and transform global economic development
Trump’s 25% tariffs on Brazil spotlight Pix, the government-backed payment app, intensifying U.S.-Brazil trade tensions over digital payments
Intel plans fresh layoffs in its Data Center Group despite business improvements, extending a restructuring that has eliminated 40,000 jobs.
A resurfaced podcast clip shows Zuckerberg praising Elon Musk’s Twitter layoffs, highlighting lean management and Meta’s efficiency strategy.
Amazon will close its Port St. Lucie facility, affecting 494 workers, while major renovations, modernization projects prepare for reopening
Gen Z is redefining careers through portfolio jobs, freelancing, nonlinear paths, prioritizing flexibility, growth, multiple income streams
A plan to put the sitting president’s face on legal tender sparks fierce debate over historic currency laws.