Volkswagen will cut 50,000 jobs in Germany by 2030 after reporting its lowest profits since 2016. The job cuts will…
Browsing: cost cuts
Proximus, Belgium’s telecom operator, has announced it will cut 1,200 jobs by 2030. That means about 15 per cent of…
eBay is carrying out another round of layoffs, with reports suggesting close to 800 employees are being let go. While…
Volkswagen is preparing a sweeping restructuring plan that could see 35,000 jobs cut in Germany by 2030, according to reports.…
Barclays is reportedly letting go 50 members of its advertising team in London to reduce costs. The Bank, it is…
Pfizer is on a mission to cut costs, and how! The coming weeks will reportedly be witness to at least…
Not to be left behind in the race to adopt artificial intelligence, HP Inc. is planning to trim its global…
American Airlines has realised that it overhired during the post-pandemic demand surge, and is now trying to correct the situation…
About 1,750 workers will be rendered jobless at General Motors (GM) electric vehicle (EV)and battery production plants in the US.…
Amazon will reportedly be witness to the largest job cuts since 2022 in an effort to cut costs and make…
Nestle is reportedly undergoing a transformation in terms of how it works. But this is coming at the cost of…
Novo Nordisk, the global healthcare firm has frozen hiring for non-critical roles across its offices worldwide. This hiring freeze has…
While Intel had announced about 4,000 layoffs across the US, the figure has now been revised to 5,000. The company…
In a third round of layoffs at Microsoft this year, at least a 1000 jobs are expected to be cut,…
To cut costs and become more resilient, Volvo, the Swedish auto firm, is planning to trim its workforce by seven…
Westpac, the Australian multinational banking and financial services company headquartered in Sydney, is preparing to trim its workforce. At least…
As part of the efforts to increase profitability and become more agile, Verse Innovation is all set to embrace artificial…
With the US pulling back funding, the World Health Organisation has found itself facing a budget gap and income reduction.…
Intel is looking to reduce headcount by 20 per cent, as per a Bloomberg report. This trimming does not really…
Volvo Group North America has informed employees of its intention to let go at least 550 people. The job cuts…
During the period 9 May to 30 May, more than 200 employees will lose their jobs at FedEx, in Lebanon,…
While Morgan Stanley had a headcount of at least 80,000 employees, globally, at the end of last year, this number…
By 2029, that is, over the next four years, Audi, the German luxury carmaker will let go 7,500 people from…
It hasn’t been long since Ola Electric let go about 500 people in November of 2024. Now, the electric vehicle…
Hewlett-Packard (HP), the American multinational that manufactures computers and printers is trimming its global workforce by about 2,000 people. By…
Adidas is reportedly preparing to trim its workforce in Germany by up to 500 employees. Competitor Puma, meanwhile, is considering…