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Microsoft Chief Executive Satya Nadella announced the “streamlining” of the company last July with the news that 18,000 jobs would be cut, representing 14%...
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All posts tagged "Layoffs"
World
Imperial Tobacco on Tuesday announced the closure of factories in Britain and France with the loss of 900 jobs, citing declining sales in Europe,...
World
US bank Citigroup has cut between 200 and 300 additional jobs, most in the global markets business, The Wall Street Journal reports. Some of...
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Tobacco giant Philip Morris said on Friday it wants to close its factory in the Netherlands later this year at the cost of 1,230...
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Ford’s Russian joint venture said Wednesday it plans to cut a third of its staff at its factory outside the northwestern city of Saint...
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Finnish national carrier Finnair said Thursday that negotiations were underway with staff that could lead to the loss of 680 jobs. “Finnair plans to...
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Britain’s main postal operator Royal Mail on Tuesday said it planned to axe 1,600 jobs under a fresh cost-cutting drive six months after the...
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French bank BNP Paribas said Monday it plans to cut 1,600 jobs at its Ukrainian unit UkrSibBank by 2015 due to political uncertainty in...
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German telecom giant Deutsche Telekom will cut 4,900 jobs over the next two years from its IT and consultancy unit T-Systems, the company said...
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Spanish flag-carrier Iberia on Friday settled months of bitter dispute over layoffs and cutbacks by striking a final deal with unions to cut ground...