US applications for jobless benefits rise but remain historically low despite recent layoffs - Times of India

US applications for jobless benefits rise but remain historically low despite recent layoffs – Times of India

More Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year.Applications for unemployment benefits rose by 13,000 to 215,000 for the week ending Feb. 24, the Labor Department reported Thursday. Last week’s number was revised up by 1,000 to 202,000.In total, 1.9…

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Sony lays off hundreds at PlayStation, closes down the London studio | – Times of India

Sony is laying off approximately 900 employees from its PlayStation division, representing around 8% of the unit’s global workforce. In an email to staff, PlayStation President and CEO Jim Ryan called it an “extremely hard decision” made after “careful consideration and many leadership discussions over several months.” Ryan said the layoffs aim to “streamline resources”…

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Online astrology platforms see a boom! Why young professionals, startup founders are seeking career guidance | India Business News – Times of India

Rise of online astrology platforms: Young professionals and startup founders in India are increasingly seeking the guidance of astrologers to navigate the challenges of their careers. With pay cuts, career stagnation, and potential layoffs, these individuals are turning to online astrology platforms to gain insight into their future prospects. Some online astrology platforms told ET…

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Cisco to Lay Off 4,200 Employees: Job Security Concerns in the Tech Industry | – Times of India

Joining the ever-growing list of tech companies that are laying off employees in Cisco. During its quarterly earnings callthe US-based tech company revealed that it will lay off thousands of employees. “On February 14, 2024, Cisco announced a restructuring plan in order to realign the organisation and enable further investment in key priority areas. This…

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iRobot Layoffs: 350 Employees Sacked as Amazon Deal Ends | – Times of India

iRobota popular robotics vacuum cleaning solutions provider, has revealed an organisational restructuring plan. In a statement, the company said the restructuring plan is designed to position the company for stabilisation in the current environment, “while focusing on profitability and advancing key growth initiatives to extend its market share in the mid-tier and premium segments.”The restructuring…

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