The Business Times

job cuts

Property

US-backed mortgage giant Fannie Mae cuts more than 62 jobs across departments

GM pares its outlook for EV sales after the slashing of a key federal incentive, which has further dampened already slowing demand.
Transport & Logistics

GM to cut over 1,200 jobs at EV plant

Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
International

Global firms slash jobs amid weak sentiment, AI push

UPS reported profits of US$1.3 billion in the third quarter, down 14.8 per cent from the year-ago level.
Companies & Markets

UPS deepens job cuts to 48,000 on reduced Amazon deliveries

Air Canada, which reports earnings on Nov 5, said in September it expects a lower adjusted core profit and withdrew its forecast due to the strike.
Transport & Logistics

Air Canada cuts 400 management positions, or 1% of workforce

US President Donald Trump has in the span of just four days fired thousands of government employees, transferred billions in federal funds and threatened to unilaterally cancel “Democrat programmes” - all during a shutdown and without Congress’s approval.
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

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