Trends - job cuts - Business Recorder

job cuts

Nissan to cut 10,000 more jobs

TOKYO: Nissan plans to cut 10,000 more jobs worldwide, Japanese media reported on Monday, a day before the ...

Published about 4 hours ago

Business & Finance

British Steel warns of 2,700 job losses from blast furnace closures

LONDON: China-owned British Steel said it could close its two blast furnaces as soon as June with the potential loss...

Published 27 Mar, 2025 05:32pm

World

US health secretary RFK Jr. plans 10,000 job cuts in major department restructuring, WSJ reports

Health and Human Services Secretary Robert F. Kennedy Jr. is set to significantly cut the size of the agency he...

Published 27 Mar, 2025 05:27pm

Business & Finance

Siemens to cut 8pc of jobs at struggling factory automation business

ZURICH: Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in...

Published 26 Mar, 2025 08:01am

World

UK workers face some of Europe’s greatest job stress, report says

LONDON: British workplaces rank among the worst in Europe for long hours, tight deadlines and limited autonomy,...

Published 25 Nov, 2024 11:36am

Business & Finance

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 / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	147.84
USD to Swiss Franc / May 12	0.84
Pound Sterling to USD / May 12	1.32
Euro to USD / May 12	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
India Sensex / May 12	82,429.90
Tokyo Nikkei / May 12	38,296.86
Nasdaq / May 12	18,708.34
Hang Seng / May 12	23,160.15
FTSE 100 / May 12	8,604.98
Dow Jones / May 12	42,410.10
Germany DAX 30 / May 12	23,566.54
France CAC40 / May 12	7,850.10

Item	Value
Crude Oil USD/Barrel / May 12	61.77
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Gold Spot USD/Ounce / May 12	3,235.34
Cotton US¢/pound / May 12	67.13
Petrol/Litre / May 13	252.63
Diesel/Litre / May 13	256.64

Gainers
Losers
Leaders

Stock	Price
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.76 ▲ 0.88 (14.97%)
Paramount Mod / May 13 First Paramount Modaraba(FPRM)	7.83 ▲ 0.97 (14.14%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.21 ▲ 1.39 (10.06%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)
Ashfaq Textile / May 13 Ashfaq Textile Mills Limited(ASHT)	14.59 ▲ 1.33 (10.03%)
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	18.77 ▲ 1.71 (10.02%)
Dewan Motors / May 13 Dewan Farooque Motors Limited(DFML)	32.75 ▲ 2.98 (10.01%)
Tandlianwala Sugar / May 13 Tandlianwala Sugar Mills Limited(TSML)	152.16 ▲ 13.83 (10%)
S.S.Oil / May 13 S.S.Oil Mills Limited(SSOM)	690.80 ▲ 62.8 (10%)

Stock	Price
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.22 ▼ -0.98 (-30.63%)
Khalid Siraj / May 13 Khalid Siraj Textile Mills Limited(KSTM)	6.70 ▼ -1 (-12.99%)
Equity Modaraba / May 13 First Equity Modaraba(FEM)	2.90 ▼ -0.34 (-10.49%)
National Silk / May 13 The National Silk & Rayon Mills Limited(NSRM)	37.87 ▼ -4.18 (-9.94%)
Quetta Textile / May 13 Quetta Textile Mills Limited(QUET)	10.57 ▼ -1.11 (-9.5%)
I.C.C. Ind. / May 13 ICC Industries Limited(ICCI)	9.10 ▼ -0.86 (-8.63%)
Sanghar Sugar / May 13 Sanghar Sugar Mills Limited(SANSM)	46.15 ▼ -4.21 (-8.36%)
Dewan Mushtaq / May 13 Dewan Mushtaq Textile Mills Limited(DMTM)	9.12 ▼ -0.71 (-7.22%)
Invest Bank / May 13 Invest Capital Investment Bank Limited(ICIBL)	1.30 ▼ -0.1 (-7.14%)
First Treet Manuf / May 13 First Treet Manufacturing Modaraba(FTMM)	3.90 ▼ -0.29 (-6.92%)

Stock	Volume
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	14,676,976 ▲ 4.35
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	10,373,190 ▲ 1.04
Pak Petroleum / May 13 Pakistan Petroleum Limited(PPL)	10,049,030 ▲ 12.24
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	9,428,463 ▲ 10.19
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	5,807,213 ▼ -1.36
B.O.Punjab / May 13 The Bank of Punjab(BOP)	5,636,621 ▲ 0.02
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	5,544,154 ▲ 1.35
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	5,419,901 ▲ 0.79
Sui North Gas / May 13 Sui Northern Gas Pipelines Limited(SNGP)	5,294,515 ▼ -4.63
Kohinoor Spining / May 13 Kohinoor Spinning Mills Limited(KOSM)	5,019,096 ▲ 0.27

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