US tech workers claim Walmart is firing 1500 people to accommodate fresh H-1B hirings. The H-1B row and India hatred on social media got fresh fuel after Walmart announced that it is set to lay off approximately 1,500 employees. The affected departments will be Walmart’s technology unit, e-commerce fulfilment center and the advertising segment named […]
More than 15,000 employees at the US Department of Agriculture have accepted financial incentives to leave their posts, as part of President Donald Trump’s ongoing efforts to downsize the federal workforce. According to a USDA briefing shared with congressional staff and reviewed by Reuters, this represents roughly 15% of the department’s total employees.The departures follow […]
The upcoming week will be a key test for the US stock market’s rebound, as investors watch major earnings reports from Apple and Microsoft, while global trade developments could add to market volatility.According to news agency Reuters, next week’s significant economic indicators include the US jobs data, first-quarter economic growth figures and inflation updates. These […]
The US internal revenue service (IRS) has started laying off staff as part of sweeping job cuts that could see up to 20,000 employees, around a quarter of its entire workforce, lose their jobs, according to three people familiar with the matter.The layoffs began on Friday and will initially hit the IRS’s office of civil […]
President Trump upended the international trading system on Wednesday with a blunt package of global tariffs, making the case that the United States faces a dire economic emergency as a result of trade imbalances with countries across the globe. It’s a sentiment that Mr. Trump has expressed for decades, one that helped propel him to […]
Robert F Kennedy (NYT file photo) US health secretary Robert F Kennedy Jr on Thursday unveiled plans to cut a quarter of his department’s workforce as part of broad restructuring under his “Make America Healthy Again” initiative.The move, which aims to prioritise chronic disease prevention, will eliminate 10,000 positions, reducing the department of health and […]
