Tag Directory / RECESSION     showing 21–25 of 25   RSS


Novo Nordisk CEO Departs as Bear Market Sends Shockwaves

Facing a brutal downturn in its stock amid a relentless bear market, Novo Nordisk sees its CEO step down in a mutually agreed exit. The leadership shake-up signals more than just market woes—it’s a dramatic pivot in executive strategy for the pharmaceutical titan.

#biotech #stockmarket #business #recession

Novo Nordisk chief Jørgensen to step down - Financial Times

9 months / google

Back to Top / Friday, May 16, 2025, 8:20 am / permalink 4869 / 1 stories in 9 months


Microsoft Global Layoffs Hit 6000 Employees Amid Reorganization

Microsoft has announced a global restructuring that slashes around 6000 jobs, with significant changes at its Redmond headquarters. This move, positioned amidst an AI investment spree, marks one of the year's largest rounds of layoffs in tech—proving even tech giants aren’t immune to the brutal cost-cutting trends.

#microsoft #business #recession #jobs #layoffs

Microsoft announces another round of layoffs, cutting 6,000 positions

9 months / techmonitor / Swagath Bandhakavi

Microsoft slashes 6,000 positions globally amid AI spending spree

9 months / techspot

More than 6,000 set to lose jobs at Microsoft

9 months / siliconrepublic / Suhasini Srinivasaragavan

Back to Top / Wednesday, May 14, 2025, 6:20 am / permalink 4674 / 3 stories in 9 months


Match Group slashes workforce by 13% amid reorganization

In a strategic restructuring aimed at streamlining operations, Match Group announced a 13% workforce reduction. Despite the layoffs, the company forecasts revenue above expectations, underscoring efforts to optimize costs in a fiercely competitive digital dating arena.

#earnings #business #recession #jobs

Match to lay off 13% of staff

9 months / techcrunch / Ram Iyer

Back to Top / Thursday, May 8, 2025, 9:20 am / permalink 4308 / 1 stories in 9 months


US April Jobs Report: Conflicting Growth Figures Stir Labor Market Debate

Divergent accounts have emerged from the latest US jobs report. One analysis touted an unexpected 177,000 job jump while Reuters reported only marginal growth with a steady 4.2% unemployment rate. These conflicting figures are fueling debate among economists about the true state of the labor market.

#recession #jobs #us #economy

Back to Top / Friday, May 2, 2025, 9:20 am / permalink 3909 / 0 stories in 10 months


US Jobless Claims Data Shows Unexpected Surge and Economic Uncertainty

Recent reports detail a sharp uptick in U.S. weekly jobless claims, with figures exceeding expectations. One version even points to “DOGE actions” as a dramatic catalyst for massive layoffs, adding an ironic twist to the economic narrative. The numbers underscore mounting labor market challenges that are hard to ignore amid broader economic concerns.

#recession #jobs #us #economy

Dems look to close the barn door after top DOGE dog has bolted

10 months / theregister / Brandon Vigliarolo

Back to Top / Thursday, May 1, 2025, 9:20 am / permalink 3811 / 1 stories in 10 months


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RECESSION Heatmap

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Oracle and OpenAI scrap Texas data-center expansion; Meta eyes the spare capacity

Oracle and OpenAI have abandoned plans to expand a flagship Texas data center, leaving substantial compute capacity up for grabs. Nvidia reportedly brokered interest from Meta to take the unused slots as OpenAI downscales that particular buildout, a move that rattled markets and highlights shifting demand for large-scale on-prem AI infrastructure. More...


Google releases Workspace CLI enabling AI agents to access Gmail, Drive, Calendar

Google has shipped an open-source Workspace CLI that gives AI agents like OpenClaw programmatic access to Gmail, Drive, Calendar and other Workspace services via a built-in MCP server. The tool standardizes agent integration, making it easier — and slightly creepier — for automated assistants to act on users’ behalf across core productivity apps. More...


OpenAI launches Codex Security agent to automatically detect software vulnerabilities

OpenAI rolled out Codex Security, an AI agent that scans codebases to find complex vulnerabilities, suggests actionable fixes, and uses sandbox testing to limit false positives. The tool has already flagged issues in major projects and aims to compete with traditional application security tooling by automating deep, contextual code review. More...


CISA, Google and US agencies flag Coruna iOS exploit kit in active use

U.S. agencies and security teams have raised alarms about “Coruna,” a powerful iOS exploit kit tied to spyware and crypto-theft campaigns. Google’s threat unit traced the toolkit’s activity while CISA ordered federal mitigations for the targeted iOS flaws, urging rapid patching as investigators hunt for origins and victims. More...


U.S.-Iran strikes roil markets and satellite imagery firms amid fresh attacks

A recent round of retaliatory strikes between the U.S. and Iran has immediate spillovers: defense analytics firm shares jumped on expected demand, major chipmaker stock fell amid geopolitical jitters, and a commercial satellite imagery provider paused public image distribution to prevent adversarial use for battle-damage assessment. Markets and imagery services scrambled for damage control. More...


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