Today: 8 November 2025
Subscribe
Browse Tag

Layoffs

Stocks Slip as Tech Wobble Returns; Layoffs Spike and Tariff Showdown Clouds Outlook — Stock Market Today (Nov. 6, 2025)

Dow Jones Today (Nov. 6, 2025): Stocks Slide as Tech Sells Off; Layoffs Surge and FAA Orders Flight Cuts Amid Shutdown

NEW YORK — Thursday, November 6, 2025. U.S. stocks fell sharply in late‑morning trading, with the Dow Jones Industrial Average down more than 400 points (≈0.9%) as renewed selling in mega‑cap tech weighed on the broader market. The Nasdaq led losses at nearly 2%, while the S&P 500 was lower by a little over 1%. Concerns over stretched AI‑linked valuations, a spike in announced layoffs, and mounting disruption from the federal shutdown kept risk appetite in check. MarketWatch+2The Wall Street Journal+2 What’s moving markets Dow Jones today: by the numbers (intraday) Biggest drags on the Dow Salesforce (CRM) and Amazon
6 November 2025
 ·  ·  ·  · 
Stocks Slip as Tech Wobble Returns; Layoffs Spike and Tariff Showdown Clouds Outlook — Stock Market Today (Nov. 6, 2025)

Stocks Slip as Tech Wobble Returns; Layoffs Spike and Tariff Showdown Clouds Outlook — Stock Market Today (Nov. 6, 2025)

Market snapshot U.S. equities opened in the red Thursday, extending this week’s choppy pattern as investors weighed mixed corporate results against macro headwinds. At the bell, all three major indices slipped, with breadth tilting negative. The tone was cautious amid debate over still‑rich tech multiples and uncertain economic signals. Reuters Overseas, European trading was subdued ahead of central‑bank cues, while Gulf markets tracked Asia modestly higher earlier in the day, helped by firmer regional catalysts and a tentative rebound in risk appetite. Reuters+1 The macro picture: weaker private labor signals in a data drought With the government shutdown freezing several
6 November 2025
 ·  ·  ·  · 
JELD‑WEN to cut 850 jobs and trims 2025 outlook after deep Q3 loss; Europe business under strategic review

JELD‑WEN to cut 850 jobs and trims 2025 outlook after deep Q3 loss; Europe business under strategic review

Date: Nov. 6, 2025 Key takeaways What’s new today (Nov. 6) Following Monday’s earnings release, JELD‑WEN confirmed it will shed ~850 positions across North America and corporate functions and is reviewing strategic alternatives for its Europe segment. The workforce actions, slated to be completed by the end of 2025, are part of a broader cost‑reset amid weaker demand and price‑cost pressure. Q4 Capital Charlotte’s local press reports the reductions will include positions in the Charlotte area, adding a regional dimension to the restructuring at the company’s headquarters. Charlotte Observer The numbers: Q3 at a glance The Associated Press likewise summarized
6 November 2025
 ·  ·  ·  ·  · 
IBM Stock Soars on AI, Quantum, and Cloud Hype – Is the Rally Sustainable?

IBM Stock Today (Nov. 5, 2025): Shares Tick Higher as Big Blue Confirms Q4 Layoffs and Unveils AI Partnership With Agassi Sports

Published: November 5, 2025 • Updated: 22:22 UTC IBM at a glance (intraday) Top takeaways for NYSE: IBM on November 5, 2025 What’s moving IBM today 1) Q4 workforce rebalancing keeps spotlight on margin mix Fresh reporting today reiterates IBM’s plan to cut thousands of roles in Q4 while keeping U.S. employment roughly flat year over year. Management frames the move as part of an ongoing skills re‑alignment toward software, AI and infrastructure businesses—areas that have been driving growth this year. Investors tend to read such actions as cost discipline that can support free cash flow and margin expansion, albeit
5 November 2025
 ·  ·  ·  ·  · 
IBM Stock Soars on Quantum Breakthrough and AI Revival – Key Updates (Sept 25, 2025)

IBM layoffs today (Nov. 5, 2025): Big Blue to cut ‘thousands’ of roles as focus shifts to software and AI

IBM said it will reduce a “low single‑digit percentage” of its ~270,000 global workforce in 4Q 2025. Here’s everything confirmed today, what remains uncertain, and how it may affect employees, customers, and investors. Key takeaways (as of Nov. 5, 2025) What’s new today, Nov. 5 How many jobs, and where? Why now? The strategy behind the cuts Timeline of reporting What this means if you’re an IBM employee or customer The open questions Short quote for context “In the fourth quarter we are executing an action that will impact a low single‑digit percentage of our global workforce.” — IBM spokesperson.
5 November 2025
 ·  ·  ·  ·  · 
AI & Quantum Frenzy Propels IBM Stock to New Heights – Will the Rally Last?

IBM’s Shock Q4 Layoffs: Thousands of Jobs Cut as Big Blue Doubles Down on AI and Software—What It Means for You and the Stock

Key facts (Nov. 5, 2025) What happened and why now IBM confirmed it is cutting jobs in the fourth quarter of 2025, affecting “thousands” of employees. The company framed the move as a routine workforce rebalance to align headcount with areas where it sees stronger, more profitable growth—namely software, hybrid cloud (Red Hat), and AI‑driven services. Reuters Bloomberg first reported the reduction and published the company’s statement: “In the fourth quarter we are executing an action that will impact a low single‑digit percentage of our global workforce.” IBM regularly reviews staffing “through this lens and at times rebalance[s] accordingly,” the
5 November 2025
 ·  ·  ·  ·  · 
IBM Stock Soars on Quantum Breakthrough and AI Revival – Key Updates (Sept 25, 2025)

IBM Slashes Thousands of Jobs Amid AI Boom – Why Big Blue Is Cutting Staff Now

IBM’s AI-Era Layoffs and Strategic Shift IBM’s decision to cut thousands of jobs by year-end comes at a paradoxical moment when artificial intelligence is booming across the tech sector. The company announced that a “low single-digit percentage” of its global workforce will be impacted in Q4 2025 newsweek.com. In practice, this means on the order of three to eight thousand employees could lose their jobs in the coming weeks. An IBM spokesperson framed the move as a routine workforce adjustment, saying IBM continually reviews its staff mix and will “at times rebalance accordingly” to align with business priorities gvwire.com. What’s
5 November 2025
 ·  ·  ·  ·  · 
Rivian Slashes 600 Jobs as EV Demand Slumps – Stock Hits & Experts Sound Alarm

Rivian Rally or Risk? EV Start-up Stock Jumps on Q3 Beat, Layoffs & R2 Hype

Key Facts: Rivian’s stock (NASDAQ: RIVN) closed around $13 on Nov. 4, 2025 (52-week range ~$9.50–$17.15 stockanalysis.com), giving it a market cap of about $15.2 billion stockanalysis.com. In Q3 2025 Rivian delivered 13,201 vehicles (highest quarter of 2025) and reported $1.558 billion in revenue, up 78% year-over-year businesswire.com. Adjusted gross profit turned positive ($24 M) for the quarter businesswire.com. Management kept 2025 delivery guidance at 41,500–43,500 vehicles businesswire.com (midpoint cut vs. prior); losing the $7,500 federal EV tax credit caused a short-term pull-forward of orders, then softer demand reuters.com reuters.com. Rivian announced a 600‑job layoff (4.5%) on Oct. 23 to cut
4 November 2025
 ·  ·  ·  ·  · 
Merger Showdown: Union Slams Crédit Agricole–Banco BPM Deal Over Job Cuts and “Deserted” Towns

Merger Showdown: Union Slams Crédit Agricole–Banco BPM Deal Over Job Cuts and “Deserted” Towns

Union Sounds Alarm on Bank Merger Italian bank workers’ union First CISL has delivered a stark warning about the rumored merger between Banco BPM and Crédit Agricole Italia. On October 31, the union publicly rejected the potential deal, saying it would come at a high social cost. “An eventual Crédit Agricole–Banco BPM operation will bring a new wave of branch closures [and] heavy cuts to jobs,” cautioned First CISL Secretary General Riccardo Colombani firstcisl.it. He stressed that hundreds of bank branches could shut if the two lenders combine, hurting not only bank employees but also local communities and small businesses
3 November 2025
 ·  ·  ·  · 
AI Gold Rush Accelerates: $5 Trillion Milestones, Massive Layoffs, and New Breakthroughs Spark Global AI Frenzy

AI Gold Rush Accelerates: $5 Trillion Milestones, Massive Layoffs, and New Breakthroughs Spark Global AI Frenzy

Big Tech’s AI Boom Propels Stocks – and Spending The end of October brought a dramatic affirmation of artificial intelligence’s global economic impact. Nvidia, the Silicon Valley company whose graphics processors power most modern AI systems, made history as the first-ever $5 trillion company agcc.co.uk reuters.com. Nvidia’s stock has skyrocketed 12-fold since the debut of ChatGPT in late 2022 reuters.com, underscoring how quickly AI went from tech curiosity to core growth driver for investors. “Nvidia hitting a $5 trillion market cap is more than a milestone; it’s a statement,” said Hargreaves Lansdown analyst Matt Britzman, noting the firm has morphed into “one
30 October 2025
 ·  ·  ·  ·  ·  ·  ·  ·  · 
Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Layoffs Under Ellison’s New Regime Just two months after Skydance Media’s $8+ billion takeover of Paramount Global, the combined company – now Paramount Skydance Corp. – is undertaking one of the entertainment industry’s largest recent staff reductions reuters.com theguardian.com. On Wednesday (Oct. 29), CEO David Ellison kicked off the first phase: roughly 1,000 layoffs across U.S. operations spanning film, TV, streaming, and corporate units reuters.com. Additional cuts bringing the total to about 2,000 jobs eliminated are expected in the coming weeks abcnews.go.com. Ellison, 40, assumed leadership of Paramount Skydance after orchestrating the merger in August, which made him the latest Hollywood mogul
29 October 2025
 ·  ·  ·  ·  ·  · 
GM Stock Skyrockets 7% as Earnings Beat, EV Strategy U-Turn Fuel Rally

GM Slashes 1,700 EV Jobs, Cites Trump Policy Shift – Investors Cheer Cost Cuts

GM Hits Brakes on EV Production, Axes Jobs in Michigan and Ohio General Motors confirmed sweeping layoffs this week across its electric vehicle operations in Michigan, Ohio and Tennessee, marking one of the auto industry’s starkest retreats from aggressive EV expansion. The company said it will eliminate approximately 1,700 jobs as it idles surplus production capacity. The heart of the cuts is at GM’s Detroit-Hamtramck “Factory Zero” assembly plant – an all-EV factory that builds the Chevy Silverado EV and other electric pickups – which will scale down to a single daily shift starting in January reuters.com. About 1,200 workers
29 October 2025
 ·  ·  ·  ·  · 
1 2 3
Go toTop