US companies announced over 25,000 job cuts this month, according to a recent Reuters report, as firms around the globe ramp up layoffs.

All other staff directly hired by USAID will be placed on administrative leave globally

Tesla (TSLA.O) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters.

Standard Chartered bank, a London-based lender that makes most of its profit in Asia, could cut up to 1,000 senior jobs, according to an internal memo sent to staff.

The BBC is to cut 1,000 jobs because of a £150m budget gap in its licence fee income.