Netflix will lay off approximately 1,000 employees, representing about 6% of its workforce, according to an internal memo obtained by CNBC, as the streaming company seeks to focus its resources on areas
The human resources industry in the United Kingdom has grown so large that it is now almost twice the size of the equivalent sector in the European Union and 60 per cent
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Billions of dollars were erased from the stock market value of US-listed technology and financial firms on Monday after a Substack post outlining a pessimistic scenario for artificial intelligence and the American
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Sri Lanka’s garment industry is bracing for a major upheaval as MAS Holdings, one of the country’s largest apparel manufacturers, announced plans to close two factories and reduce staff at another, putting
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HSBC has cut roughly 10 percent of its US-based debt capital markets team, laying off at least six employees in New York as the bank intensifies a sweeping global restructuring designed to
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Sri Lanka’s police service is grappling with a severe personnel crisis, with 40,613 vacant positions hampering operations across several departments, notably the Criminal Investigation Department (CID). The total sanctioned strength of the
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Amazon has halted its Blue Jay warehouse robotics initiative only months after publicly unveiling the technology, underscoring that not all of the company’s aggressive automation bets are paying off despite its vast
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The United Kingdom is confronting mounting fears of a long-term economic and social fallout after youth unemployment climbed to its highest level in more than a decade, with economists warning that hundreds
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A major industrial confrontation is unfolding in Sri Lanka as the Locomotive Operating Engineers Union announced that it will launch trade union action starting at midnight on the 18th, triggering concerns over
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In the February 8 Lower House election, foreign workers emerged as a central issue for all major parties following a January 23 Cabinet decision calling for 1,231,900 foreign workers by March 2029
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In Sri Lanka, a major social intervention is unfolding alongside deepening economic anxiety in the plantation sector, highlighting the complex human and financial challenges embedded within one of the country’s most vital
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The Argentine Senate delivered a major legislative victory to President Javier Milei’s government on Thursday, approving a sweeping labor reform bill despite widespread street protests that left at least 15 people injured
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What does India’s recently presented Union Budget signify beyond its ledger of receipts and expenditures? Can it confront structural constraints, manage the trade imbalance, and sustain domestic financial stability in an increasingly
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India’s interim trade agreement with the United States has ignited widespread backlash from farmers’ organizations, turning agriculture into a major flashpoint just as New Delhi seeks closer alignment with Washington. The deal,
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President Javier Milei has launched his most confrontational bid yet to reshape Argentina’s economy, pushing a sweeping labour reform bill that has brought him into direct conflict with the country’s powerful trade
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Tata Steel has warned it may be forced to mothball steel mills across the United Kingdom, putting more than 3,000 jobs at risk, as the country becomes what executives describe as a
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