CITIGROUP Inc is preparing to cut hundreds of jobs in its trading division - stark new evidence that an industry-wide slump in revenue this year may be more permanent than the tweets and policy...

[NEW YORK] Goldman Sachs Group Inc plans to lay off nearly 100 employees in New York in the coming months, according to a filing the bank made with New York state that was made public on Monday....

INVESTMENT banks and asset managers are trimming their headcount as bottom lines get battered by the US-China trade war, rising US interest rates and slowing economic growth.

[SINGAPORE] Dianrong, one of China's biggest peer-to-peer (P2P) lenders, is shutting down 60 of its 90 offline stores and laying off an estimated 2,000 employees, a source with direct...

[SHANGHAI] Beijing-based ride-hailing giant Didi Chuxing will lay off 15 per cent of its staff this year, or about 2,000 employees, a source familiar with the matter told Reuters on Friday.

[NEW YORK] BuzzFeed Inc's US journalists agreed to unionize, saying they would seek better benefits and fair pay after seeing some colleagues lose their jobs last month.

FORD and Jaguar Land Rover unveiled sweeping job cuts across Europe on Thursday as carmakers struggle with a slump in demand for diesel vehicles, tougher emissions rules and a global economic...

[LONDON] Britain's biggest carmaker Jaguar Land Rover is to reduce the workforce at its plant in Solihull, central England, by about 500 in a temporary move in the run-up to Christmas, it said on...

[TOKYO] Toshiba Corp said it is cutting headcount and liquidating its UK nuclear power unit in an effort to reduce costs as it struggles to find new growth pillars.