Business
Dutch airline KLM on Thursday announced a sweeping package of “firm” cost-cutting measures it hopes will lead to a boost in operating profits of...
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All posts tagged "Layoffs"
Business
Samsung Electronics said Wednesday it was planning to cut jobs in some of its Asian operations, after a report that one in ten posts...
Business
AkzoNobel, the world’s leading paintmaker and manufacturer of Dulux paint, said Tuesday it was cutting 2,000 jobs globally, more than five percent of its...
Business
Sweden’s beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as it struggles with...
Business
Volkswagen on Tuesday axed an agreement protecting jobs in Germany that had been in place three decades, as the ailing auto titan pushes ahead...
Business
Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations to focus on its main...
Tech & Science
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations. The plan to cut...
Business
German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the...
Business
The BBC is to axe 500 jobs over the next 20 months in a bid to save £200 million ($258 million) and become a...
Business
FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the shipping company announced...