The Business Times

job cuts

International

US judge halts shutdown layoffs as Trump threatens 10,000 jobs

Trump has repeatedly threatened to fire federal workers during the shutdown standoff, in its 10th day on Friday, and has suggested his administration will aim primarily at parts of the government championed by Democrats.
International

White House says substantial US government job cuts have begun due to shutdown

Companies across sectors, from oil and gas to aviation, have continued to cut their headcounts.
Economy & Policy

From tech to oil and gas: job cuts and layoffs in Q3 2025

The move impacts 10% to 15% of the company's 3,500-strong local workforce.
Singapore

ExxonMobil expects to cut up to 500 Singapore employees by end-2027 as part of global restructuring

(FILES) This general view shows the logo of US oil and gas giant ExxonMobil during the World Gas Conference exhibition in Paris on June 2, 2015. ExxonMobil reported lower profits on May 2, 2025, due to a drop in crude oil prices and refining margins partly offset by increased output from the acquisition of US producer Pioneer. (Photo by ERIC PIERMONT / AFP)
Global Enterprise

ExxonMobil to cut 2,000 workers as oil sector job losses mount

Lufthansa seeks to boost efficiency through digitalisation and automation.
Transport & Logistics

Lufthansa announces 4,000 job cuts and higher profitability targets

The threat to shut down unfunded programmes came in a memo sent late Wednesday from the White House Office of Management and Budget to agency budget offices.
International

White House tells agencies to prepare for job cuts in shutdown

An ANZ branch in central Sydney, Australia.
Companies & Markets

From banks to tech: ANZ latest to cut jobs in 2025

Hiring sentiment cools in Singapore; only 37% plan to hire in Q4: ManpowerGroup survey
Singapore

Hiring sentiment cools in Singapore; only 37% plan to hire in Q4: ManpowerGroup survey

Lloyds chief people and places officer Sharon Doherty said the bank needed to see higher turnover among its lowest performers.
Banking & Finance

Thousands of Lloyds staff at risk of dismissal in performance overhaul: FT

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