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
Sri Lanka’s Police Department is currently facing a severe shortage of approximately 32,000 officers, Inspector General of Police Attorney-at-Law Priyantha Weerasuriya revealed yesterday. Addressing the issue, the IGP stated that immediate steps
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Japan’s reliance on foreign labor reached a historic milestone in 2025, as the number of overseas workers climbed to a record 2.57 million, highlighting how deeply the world’s fourth-largest economy is being
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By Farwa Imtiaz Growing up in Khyber Pakhtunkhwa (KP), I learned early that politics was more than just a headline, it was a reality that shaped everyday life. In 2025, public opinion
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Sri Lanka has begun the year with a sharp acceleration in overseas labour migration, with 20,484 citizens leaving the country for foreign employment in January alone, according to the Sri Lanka Foreign
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Defense technology firm Anduril revealed plans Thursday to expand its Southern California footprint with a major new campus in Long Beach, the coastal city where founder Palmer Luckey grew up. The company
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Amazon is reportedly preparing to launch a second wave of corporate job cuts next week, continuing a sweeping workforce reduction that began in October. Two people familiar with the company’s internal planning
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Sri Lanka has set an ambitious goal to send 1,000 caregiving professionals to Israel in 2026, building on a bilateral employment agreement that has already placed more than 2,600 Sri Lankan workers
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The software sector entered 2026 expecting a recovery after a bruising 2025, but a sudden burst of AI innovation has reignited investor fears that the industry’s old business model is under threat.
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US President Donald Trump was filmed raising his middle finger and appearing to mouth an expletive at a Ford factory worker who heckled him during a visit to the F-150 assembly plant
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Spain’s long-standing record as the European Union country with the highest unemployment rate has finally been eclipsed. In November 2025, Finland’s seasonally adjusted unemployment rate rose to 10.6%, surpassing Spain’s 10.4%, according
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Manufacturing activity across the euro zone shrank further in December, underscoring persistent weakness in Europe’s industrial sector, while Asia’s factory powerhouses ended 2025 on a firmer footing thanks to a rebound in
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More than 200,000 banking jobs in Europe could disappear over the next five years as lenders accelerate their adoption of artificial intelligence and continue to shift customers toward digital channels, according to
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As companies sketch out plans for 2026, one message is becoming clear: they don’t intend to hire. According to reporting by the Wall Street Journal, large employers are preparing to hold their
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Meta Platforms Inc. is preparing to significantly scale back its once-flagship metaverse ambitions, with Chief Executive Mark Zuckerberg weighing budget cuts as steep as 30 percent for the division responsible for virtual
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Sundays at Paramasivam Pushpalatha’s home used to be a much livelier affair. It was her only day off from the factory and so she would pack seven days of domesticity into one.
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