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BlackRock plans to cut 500 jobs worldwide
Employment USABlackRock has joined the list of financial companies which has announced job cuts. This is for the first time that the company is laying off workers since 2019. Moreover, the asset management company will cut about 500 positions which is roughly 3% of its total workforce. Job cuts on back of a major hiring spree […]
Coinbase will lay-off 20% jobs in second round of job cuts
Employment USACoinbase has decided to lay-off employees again to preserve cash in wake of crypto market downturn. Moreover, the company has announced to cut 950 jobs which makes its around one fifth of its total workforce. Cryptocurrency market crash Coinbase is a cryptocurrency trading platform which has announced the second phase of layoffs. The company cited […]
U.S. nonfarm employers added 223,000 jobs in December
Employment USAThe U.S. job market added 223,000 jobs during December and ended the year on a high note. Moreover, the data from Bureau of Labor Statistics showed that the unemployment rate also reduced and is stood at 3.5% during December 2022. Employment growth is better than expected The Bureau of Labor Statistics released the December job […]