Solid Jobs Report Keeps Fed Rate Cuts at Bay

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite pressure from President Trump. Read More

The June jobs report showed a bigger-than-expected increase in employment. The Fed’s rate cuts are on hold for now.

The U.S. added a decent 147,000 jobs in June, pointing to resilience in the labor market. But the pace of hiring has slowed since last year as businesses grapple with trade wars and an immigration ... Read More

IBM cuts 3,900 jobs after muted consulting demand hits quarterly revenue - Nasdaq

IBM Corp on Wednesday said it would lay off 3,900 people as part of some asset divestments and posted flat fourth-quarter revenue due to lackluster demand for its consulting services. Read More

IBM Announces 3,900 Job Cuts - The New York Times

IBM Announces 3,900 Job Cuts. ... IBM’s quarterly revenue of $16.7 billion was higher than the Wall Street estimate of $16.4 billion ... The company’s consulting business grew by only half ... Read More

IBM to Cut 3,900 Jobs Amid Broader Tech Slowdown - WSJ

Wave of Job Cuts Latest news and resources. ... IBM to Cut 3,900 Jobs Amid Broader Tech ... Listen (2 min) IBM said its fourth-quarter revenue was $16.69 billion compared with $16.70 billion a ... Read More

IBM Plans To Cut About 3,900 Jobs : Reports | Markets Insider

(RTTNews) - International Business Machines Corp. (IBM) plans to cut about 3,900 jobs or about 1.5% of its global workforce, according to several ... Read More

IBM to cut 3,900 jobs - Bloomberg News - Nasdaq

International Business Machines Corp will cut 3,900 roles, or about 1.5% of its globalworkforce, its chief financial officer, James Kavanaugh, toldBloomberg News in an interview on Wednesday. Read More

IBM cuts 3,900 jobs in latest round of big tech layoffs

Nonetheless, IBM posted a net income figure of $2.71 billion, higher than the $2.33 billion from the same period in 2021. Revenue was down, however, at $16.69 billion compared to $16.7 billion in ... Read More

IBM cuts 3,900 jobs, misses annual cash target - Yahoo Finance

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter. Chief ... Read More

IBM Plans To Cut About 3,900 Jobs : Reports - Nasdaq

(RTTNews) - International Business Machines Corp. (IBM) plans to cut about 3,900 jobs or about 1.5% of its global workforce, according to several media reports citing a company spokesman's interview. Read More

IBM cuts 3,900 jobs, misses annual cash target | Reuters

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter. Read More