Unemployment In China Skyrockets As Tech Giants Slash Jobs

Selangor reports 11,000 job losses as unemployment concerns grow

MALAYSIA: Selangor Human Resources Exco V Papparaidu revealed that 11,000 people have lost jobs since January, mostly in manufacturing, tourism, and food and beverage sectors, citing data from DOSM.  He pledged to review the figures and issue a full statement soon, while thanking SOCSO for its support. Papparaidu highlighted ongoing initiatives like the Job Care Carnival, which has already helped 1,600 individuals secure employment, as Selangor …

Unemployment In China Skyrockets As Tech Giants Slash Jobs

BEIJING – The year 2026 has brought an unprecedented shock to China’s economy. A massive unemployment wave is sweeping across the country, affecting absolutely every social class. For years, job market struggles mainly hit factory workers and the heavy manufacturing sector. But today, the crisis has firmly reached the corporate glass towers. Job pressure has […] The post Unemployment in China Skyrockets as Tech Giants Slash Jobs first appeared o…