The erosion of the workforce, largely in response to the White House's demand for steep reductions across the federal government, further stretches capacity at a U.S. Securities and Exchange Commission contending with far-reaching changes to the business and regulatory landscapes. Sign up here. President Donald Trump and former advisor Elon Musk last year said "large-scale" cuts were necessary to rein in an allegedly wasteful and uncontrolled bureaucracy across the federal government. However, critics of a ...

AI‑cited layoffs as a % of U.S. job cuts:1%: 20232%: 20245%: 202510%: 2026 (Feb) ...

Layoffs Plunged In February—But Iran Conflict May Cause More Job Cuts, Report Sayshttps://t.co/gDh8Xkbi2P https://t.co/B2T7ahifJS ...

The Swiss logistics services provider says it plans to save 150 million Swiss francs from the job cuts https://t.co/pUquwSY7MX ...

Glencore's ferrochrome smelting venture in South Africa is running out of time to find a solution that would lower electricity costs and enable it to avert job cuts https://t.co/uD24JPuo0W ...

RT Bull Theory (@BullTheoryio)BREAKING: U.S. recorded over 108,000 job cuts last month, the worst January since the 2009 Global Financial Crisis. https://t.co/WQN7VmKtRL ...

LOOK WHAT'S HAPPENING ON WALL STREET NOW, THE DOW HIT 50 ,000, YOU SEE IT RIGHT THERE FOR THE FIRST TIME EVER, WE'RE LIKELY GOING TO SET A NEW RECORD WHEN markets close in just about 30 minutes if it stays over 50. But this good news on Wall Street followed a sell-off this week with big techs losing a trillion dollars in market value through yesterday. And it's paired with bleak new labor supermarket data.108 ,000 jobs were cut last month, double the number of layoffs we saw at the start of last year. We ha ...

US companies announced the largest number of job cuts for any January since the depths of the Great Recession in 2009: Here’s your Evening Briefing https://t.co/3LVbgA0jzI ...

Group 1: Dollar Index and Labor Market - The dollar index rose to a 1.5-week high, finishing up by +0.23%, driven by a stock selloff that increased liquidity demand for the dollar [1] - Challenger's January job cuts rose by +117.8% year-over-year to 108,435, marking the largest amount of job cuts for a January since 2009 [2] - Weekly initial unemployment claims increased by +22,000 to an 8-week high of 231,000, indicating a weaker labor market than the expected 212,000 [2] Group 2: Federal Reserve and Interest Rates - Fed Governor Lisa Cook's hawkish comments suggested risks are tilted toward higher inflation, supporting the dollar despite signs of labor market weakness [1] - The FOMC is expected to cut interest rates by about -50 basis points in 2026, while the Bank of Japan (BOJ) is anticipated to raise rates by +25 basis points in the same year [4] - Swaps markets are pricing in a 23% chance of a -25 basis point rate cut at the next policy meeting on March 17-18 [3] Group 3: Eurozone Economic Indicators - The euro fell by -0.14% as it gave up an early advance due to a stronger dollar, despite the ECB keeping interest rates unchanged [5] - Eurozone December retail sales fell more than expected, while German December factory orders unexpectedly rose, presenting mixed economic signals for the euro [5]

There were 108,000 job cuts in January in the U.S., the most to begin a year since the Great Recession in 2009, according to a new report. https://t.co/Dz0bkycZM1 (Photo: Getty Images) https://t.co/GB3fb6XHZE ...