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Reuters · 1 month ago

SThree Reports Sharp Drop in Half-Year Profit as AI Shift and Geopolitical Uncertainty Slow Hiring

SThree reported a significant fall in half-year profit as AI-related changes and geopolitical uncertainty slowed recruitment activity. The recruiter maintained its full-year profit outlook despite weaker results.

BigGo Finance · 1 month ago

US Initial Jobless Claims Fall to 208,000, Signaling Continued Labor Market Stability

US jobless claims fell to 208,000 in the latest reporting week, coming in below expectations and pointing to continued stability in the labor market as employers retain workers despite cautious hiring.

Reuters · 2 months ago

UK Recruitment Firms Tighten Spending as Geopolitical Risks and AI Continue to Slow Hiring

UK recruitment firms are cutting costs as geopolitical uncertainty and AI-driven workplace changes continue to slow hiring, while employers increasingly favour temporary roles over permanent recruitment.

Reuters · 2 months ago

KPMG Australia Weighs Major Workforce Cuts and Partner Pay Reduction Amid Ongoing Scrutiny

KPMG Australia is reviewing potential job cuts and partner pay reductions while continuing to address the impact of an audit leak scandal and ongoing regulatory scrutiny

Reuters · 2 months ago

PageGroup exceeds second-quarter profit expectations as savings offset weak European hiring

PageGroup reported second-quarter gross profit above analyst estimates as cost-saving measures and stronger hiring in the Americas and Asia-Pacific helped offset weaker recruitment demand across Europe and the UK.

Reuters · 2 months ago

UK Hiring Slowdown Shows Signs of Easing as Temporary Recruitment and Pay Improve

A UK recruitment survey found stronger temporary hiring and higher starting salaries in June, while permanent hiring remained weak amid continued economic uncertainty.

Reuters · 2 months ago

China’s Expanding Gig Economy Reflects Employment Challenges and Welfare Concerns

China's expanding gig economy is absorbing millions of workers displaced by a weak job market, but experts say the shift is creating new challenges for social security coverage and long-term income stability.

Reuters · 2 months ago

Australian Job Advertisements Edge Down 0.2% in June, ANZ-Indeed Data Shows

Australian job advertisements declined 0.2% in June, although overall hiring demand remained above long-term averages. Growth continued in healthcare and real estate roles, while vacancies weakened across several consumer-facing sectors.

Reuters · 2 months ago

Financial planner shares essential money steps to take after losing your job

A financial planner outlines the key money decisions to make after a layoff, including budgeting, using emergency savings wisely, protecting retirement funds and maintaining health insurance coverage.

Reuters · 2 months ago

British American Tobacco to Restructure Workforce, Impacting Around 9,000 Roles

British American Tobacco is restructuring its global workforce, with around 9,000 roles affected as the company pursues cost savings, AI-driven operational changes and a stronger focus on reduced-risk products.

Reuters · 2 months ago

Microsoft Reportedly Preparing Another Round of Job Cuts Affecting Less Than 2.5% of Staff

Microsoft is reportedly preparing another round of layoffs affecting fewer than 2.5% of its workforce. The reported reductions are expected to include roles across sales, consulting, and the Xbox division.

Reuters · 2 months ago

US Job Openings Reach Highest Level in Two Years as Hiring Momentum Remains Weak

U.S. job openings rose to their highest level in two years during May, but hiring activity remained soft. The latest labor market data suggests demand for workers is steady, while consumer confidence in job availability has weakened.

Reuters · 2 months ago

US Judge Declines to Halt Proposed FEMA Workforce Reductions

A U.S. judge declined to temporarily block planned job reductions at FEMA after the agency revised its contract renewal plans, while the broader legal challenge over the staffing changes continues.

Reuters · 2 months ago

Whirlpool Cuts More Jobs at Iowa Plant Despite Tariff Support for U.S. Manufacturing

Whirlpool is cutting more jobs at its Iowa refrigerator plant despite U.S. tariff policies aimed at supporting domestic manufacturing, as higher costs and weak demand continue to pressure operations.

Yahoo Tech · 2 months ago

Tech Layoffs Continue in 2026 as Job Cuts Near 158,000 Across Major Companies

Technology companies have continued trimming their workforces in 2026, with total layoffs nearing 158,000. Several employers have linked the reductions to restructuring efforts and increased investment in AI.

Investopedia · 2 months ago

Experts Expect U.S. Job Market to Stay Stable Despite Slower Hiring

Economists expect the U.S. labor market to remain stable through the second half of 2026, although hiring is projected to slow and some analysts warn that job growth remains uneven across industries.

Reuters · 2 months ago

US Weekly Unemployment Claims Decline More Than Expected

US weekly jobless claims fell to 215,000, indicating continued labor market resilience, while hiring remained cautious and unemployment durations continued to rise.

Reuters · 2 months ago

US Weekly Unemployment Claims Fall More Than Forecast, Indicating Labor Market Stability

New U.S. unemployment claims declined to 215,000 last week, beating expectations and reflecting continued labor market resilience, even as hiring remains cautious and job searches are taking longer.

Reuters · 2 months ago

FDA Accelerates Hiring, Plans to Add Over 2,000 Employees

The FDA has been authorized to hire 2,200 employees, with hundreds already onboarded as the agency works to expand staffing and improve workforce retention.

Hindustan Times · 2 months ago

Bengaluru Techie Warns Against Chasing Big Pay Hikes After Friend Loses Job Within Months

A Bengaluru tech professional's advice about prioritising job stability over large salary hikes has triggered debate online after he shared a friend's experience of being laid off months after switching employers.

The Straits Times / Asia News Network · 2 months ago

Lazada Reduces Workforce Across Southeast Asia, Affecting Around 5% of Staff

Lazada has reduced around 5% of its Southeast Asia workforce, including employees in Singapore, as the e-commerce company continues a regional restructuring effort focused on efficiency and organizational realignment.

Reuters · 2 months ago

Bangladesh Seeks Malaysia’s Support to Reopen Labour Market for Migrant Workers

Bangladesh has asked Malaysia to consider reopening its labour market to Bangladeshi workers, while both countries pledged to improve recruitment transparency and worker protections.

Reuters · 2 months ago

AI Chip Boom Elevates Samsung and SK Hynix Employees in South Korea’s Job and Marriage Markets

South Korea’s AI-driven semiconductor boom is boosting the status of Samsung and SK Hynix employees, making chip industry careers increasingly attractive to students, job seekers, and even matchmaking agencies.

Reuters · 2 months ago

Oracle Workforce Drops by Around 21,000 Employees as AI Reshapes Operations

Oracle's workforce declined by about 21,000 employees in fiscal 2026 as the company continued restructuring efforts and expanded the use of AI across parts of its business.