Layoffs Archives

Bosch says it needs to cut staff in Germany, as demand is growing more strongly in other markets

World

Germany’s Bosch to cut 13,000 jobs in blow to auto sector

German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country’s ailing...

AFPSeptember 25, 2025

The popularity of Novo Nordisk's weight-loss injections had once made it a darling of investors, boosting its share price and at one point making it Europe's most valuable company

World

Ozempic maker Novo Nordisk to cut 9,000 global jobs

Danish pharmaceutical giant Novo Nordisk announced Wednesday that it would cut 11 percent of its workforce, as the maker of Ozempic and Wegovy faces...

AFPSeptember 10, 2025

Automakers have been among the companies hit hardest by Trump's tariff onslaught

Business

Luxury carmaker Lotus to slash UK jobs amid US tariffs

Chinese-owned luxury carmaker Lotus plans to cut up to 550 UK jobs, in part due to uncertainty caused by Trump's tariffs.

AFPAugust 28, 2025

Social Media

TikTok’s UK content moderation jobs at risk in AI shift

Social media platform TikTok announced on Friday it will restructure its UK trust and safety operations.

AFPAugust 22, 2025

President Donald Trump removed the commissioner for the Bureau of Labor Statistics after disputing jobs data

News

Trump says to name new labor statistics chief this week

US President Donald Trump said Monday that he would pick an “exceptional replacement” for his labor statistics chief, days after ordering her dismissal after...

AFPAugust 4, 2025

Business

Trump says will name new economics data official this week

US President Donald Trump said Monday that he would pick an “exceptional replacement” to his labor statistics chief — after ordering her dismissal as...

AFPAugust 4, 2025

German TikTok employees protested that replacing content moderators with AI-driven software could boost the spread of hate speech and online propaganda

Social Media

TikTok Germany moderators raise alarm over layoff plans

Content moderators at the German branch of TikTok sounded the alarm about what they say is a plan to replace them with AI.

AFPJuly 17, 2025

Fired US State Department workers carry their belongings out of the headquarters in Washington, DC, shortly after being told to leave

World

US State Department begins mass layoffs

More than 1,300 State Department employees were fired Friday in a downsizing ordered by President Donald Trump and touted as cutting bloated government —...

AFPJuly 11, 2025