News

The IRS is reportedly planning to reduce its workforce by up to 50%, which could involve a combination of layoffs, voluntary buyouts, and attrition, according to sources familiar with the...

President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and...

About one-third of the staff in the U.S. Commerce Department office overseeing $39 billion of manufacturing subsidies for chipmakers was laid off this week, two sources familiar with the situation...

A $13 billion "hyperscale" data centre in North East England proposed by U.S. private equity group Blackstone has been given the green light to go ahead by council planners. Northumberland...

The smallest U.S. businesses shed jobs in February and average revenue fell, a sign of pressure in one vulnerable sector of the economy that preceded the Trump administration's announcement of...

U.S. private payrolls increased at the slowest pace in seven months in February, blamed on policy uncertainty, likely related to tariffs on imported goods, and slowing consumer spending. The ADP...

Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source familiar with the matter who declined to be...

Disney is planning to reduce headcount by roughly 6% of the total workforce of ABC News Group and Disney Entertainment Networks, a person familiar with the matter said on Tuesday,...

Governor Gavin Newsom has announced that California state workers will be required to return to the office four days a week, starting July 1 — ending the remote work model...

International Workplace Group (IWG) concluded 2024 with record network growth and a solid performance, despite falling short of analyst expectations for revenue and earnings. The flexible workspace provider announced it...