JOB CUTS

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• Nike cuts some jobs in technology division

  The representative did not specify how many employees were laid off. It is not immediately clear how many people work in Nike's technology division.

  

• Hundreds of UN staff in Swiss city protest job cuts triggered by Trump

  ​While short-term contractors and employees at some agencies like the International Organization for Migration have already been informed of redundancies, many thousands more are coming. The deepest cuts are expected at agencies heavily reliant on voluntary funding from former top donor the United States, like the World Food Programme or the U.N. refugee agency.

  

• US job openings fall to 7.2 million in March, the lowest level since September

  America saw a dip in job vacancies during March. This decline occurred amidst concerns over Donald Trump's trade policies. The Labor Department reported 7.2 million openings, a decrease from previous months. However, more Americans voluntarily left their jobs. Layoffs also reached their lowest point since June. Experts suggest employers are retaining current staff.

  

• Meta lays off more employees in another round of job cuts

  Meta stated that the layoffs are part of a broader effort to streamline operations and focus on future mixed reality experiences. While the exact number of employees affected remains undisclosed, the company emphasized that the changes aim to help Oculus Studios work more efficiently while continuing to deliver engaging content for users.

  

• India's small steel mills pause job cuts after measures to curb Chinese imports

  The Directorate of General Remedies, which is still conducting its investigation, is expected to submit its final findings by August-September, following which the government will decide the rate and duration of the tariff, Steel Secretary Sandeep Poundrik said at a news conference on Tuesday.

  

• How next round of job cuts at Microsoft’s may have an 'Amazon and Google angle'

  Microsoft is reportedly considering another round of job cuts in May, driven by a push for greater efficiency and a leaner organizational structure. Sources indicate the cuts will likely target middle management roles and aim to increase the proportion of engineers to non-technical staff, mirroring similar restructuring efforts recently undertaken by tech giants Amazon and Google.

  

• STMicro seeks to reassure Italy over investment, job levels

  ​STMicro, in which the Italian and French governments own a combined 27.5% share through a holding company, employs 50,000 people worldwide and has been facing a sustained downturn in its key automotive and industrial markets.

  

• Tata Steel to cut around 20% of Dutch workforce

  ​ Tata Steel on Wednesday said it will cut around 1,600 jobs in the Netherlands, in a drive to increase profitability amidst fierce competition from China and rising U.S. import tariffs.

  

• 'Rich Dad Poor Dad' author Robert Kiyosaki compares mass layoffs by Trump and Musk to a 1974 horror classic

  Robert Kiyosaki likens U.S. layoffs under Trump and Musk to 'The Texas Chain Saw Massacre,' calling it a necessary but brutal economic purge. He believes these actions are vital to fix a corrupt system, despite job losses. Kiyosaki urges investors to shift to gold, silver, and Bitcoin, predicting a major stock market crash and economic depression.

  

• Meta's content moderation contractor to cut 2,000 jobs in Barcelona

  ​The company - operating locally as CCC Barcelona Digital Services - emailed its workers on Thursday placing them on gardening leave saying a client warned on April 1 it would suspended services.

  

• Italian unions worried about job cuts at U.S. military bases

  Italian unions are mobilising against possible job cuts for local staff at U.S. military bases as part of government downsizing plans spearheaded by President Donald Trump and his billionaire tech mogul ally Elon Musk.