NEW YORK – Citigroup eliminated more jobs this week after going through an overhaul last year, as part of a sweeping reorganisation under chief executive officer Jane Fraser to curb costs.

First, it was Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. who called them out. Now, it’s Finance Secretary Ralph Recto. We’re talking about the International Monetary Fund (IMF ...

BP announced on Thursday that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs. BP told staff that 3,000 contractor ...

Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people ...

According to market experts, the gold price today has risen due to soft US core inflation data that has triggered buzz about a US Fed rate cut in the upcoming US Fed meeting at the end of this month.

Amazon is cutting jobs in its Fashion and Fitness group, according to internal messages seen by Business Insider. One of the internal messages, posted on an internal Amazon Slack channel, said San ...

Announcements of job cuts in the health network have multiplied in recent weeks as Quebec tries to eliminate a $1.5 billion deficit in the public health-care system. According to the most recent ...

Copyright 2025 The Associated Press. All Rights Reserved. A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo/Kin Cheung, File) Updated [hour]:[minute ...

When news breaks, you need to understand what matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our ...

The Lambeth branch of the UNISON trade union is organising a lobby of Lambeth Council this evening (Thurs 22nd Jan 2025 at 6pm). They told Brixton Buzz: Lambeth Council is set to cut £50 million from ...