Trends - job cuts - Business Recorder

job cuts

Boeing announces almost 2,200 layoffs

NEW YORK: The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously...

Published 19 Nov, 2024 06:34am

Business & Finance

Nissan announces 9,000 job cuts, slashes sales forecast

TOKYO: Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast,...

Published 07 Nov, 2024 02:29pm

World

US planned layoffs drop again in October, recruitment firm Challenger says

U.S. layoff announcements tumbled in October to a three-month low in another sign the job market remains in good...

Published 31 Oct, 2024 04:52pm

Business & Finance

As China woes mount, investment banks brace for more Asia job cuts

HONG KONG: Job cuts at western investment banks in Asia are expected to increase this year as revenue pressures rise...

Published 12 Feb, 2024 06:25am

Technology

Snap to lay off 10% of its global workforce

Snap said on Monday it would cut around 528 employees, or 10% of its global workforce, joining other tech and media...

Published 05 Feb, 2024 08:06pm

Business & Finance

Barclays cutting around 450 staff, UK trade union says

LONDON: A British union that represents workers at Barclays said on Tuesday that the bank was cutting around 450...

Published 12 Sep, 2023 05:15pm

Business & Finance

UBS to absorb Credit Suisse domestic unit, eyes 3,000 job cuts

ZURICH: Banking giant UBS said Thursday it plans to fully absorb Credit Suisse’s century-old Swiss division and...

Published 01 Sep, 2023 05:41am

Technology

Facebook-parent Meta to lay off 10,000 employees in second round of job cuts

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000...

Published 14 Mar, 2023 06:51pm

Technology

Zoom to shed about 1,300 jobs as pandemic-fueled demand slows

Zoom Video Communications said on Tuesday it would cut 15% of its workforce, or about 1,300 jobs, and trim base pay...

Published 08 Feb, 2023 12:08am

Business & Finance

FedEx to cut senior jobs as part of larger staff reduction

LOS ANGELES: FedEx Corp on Wednesday said it would cut its officer and director ranks by 10% as part of a broad...

Published 06 Feb, 2023 07:42am

Technology

Netflix lays off 300 employees in cost-cutting drive

Netflix Inc said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at...

Published 24 Jun, 2022 12:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00