Jobs report: U.S. economy adds 175,000 new jobs in April, below forecast
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job cuts: Top IT companies cut over 72,000 jobs in FY24
Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...
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Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.
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U.S. Considering Sanctions on More IDF Units: Report
The Biden administration is contemplating sanctions for alleged “human rights violations” against not one but several Israeli military and police units, two U.S. sources told The Times of Israel. The news comes as reports indicate that Secretary of State Antony Blinken is considering enforcing the Leahey Amendment against the IDF’s Netzah Yehuda Battalion, an infantry