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BBCNEWS Talking Business June 4, 2024 02:33:00

Meta, and twitter are feeling the impact as other companies spend less on advertising. in banking, concerns that companies have less cash to make deals means cuts to the likes of credit suisse, goldman sachs and morgan stanley. consumer goods firms are also under pressure. in recent months, ford and h&m, dutch medical equipment maker philips and the food delivery firm doordash all announcing job cuts. admin staff and headquarters are the ones in the firing line as their employers adjust to life. overall in the world s biggest economy, usa, its central bank expects unemployment to jump from 3.7 to 4.6% this year. and the european central bank expects the unemployment rate to increase from 6.5 6.9% in the eurozone. between them millions ....

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BBCNEWS Talking Business June 4, 2024 15:32:00

From, a big hello and welcome. january, the time of year when many take stock of our lives, that often involves looking at our careers. will this be the year to find a new job? it might not be that easy in 23. the global economy is teetering on the edge of recession, according to the world bank. a growing number of companies are battening down the hatches and cutting jobs to get through. big names are making the headlines, particularly evident in detect sector, where the likes of amazon, microsoft, facebook and twitter are feeling the impact as other companies spend less on advertising. in banking, concerns that companies have less cash to make deals means cuts to the likes of credit suisse, goldman sachs and morgan stanley, consumer goods firms are also under pressure. in recent months ford and h&m, dutch medical ....

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