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All Stories: Job Cuts

Microsoft to cut about 4% of jobs amid hefty AI bets

Microsoft (MSFT.O), will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech...

Nissan announces 9,000 job cuts

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle...

Vodafone boss says she will cut 11,000 jobs

New Vodafone boss Margherita Della Valle said she would cut 11,000 jobs over three years to help the telecoms group regain its competitive edge after...

Facebook owner Meta carries out another round of job cuts

Meta Platforms on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg...

Amazon CEO says job cuts to exceed 18,000 roles

Amazon.com Inc's (AMZN.O) layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in...

Royal Mail warns of thousands of job cuts

Royal Mail could cut up to 10,000 jobs and the loss-making business warned of more layoffs if planned strikes go ahead, as the company...

Bank employees shown the door with a hug and a cab ride

Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday

Tesla’s delivery team gutted in recent job cuts – sources

The cuts, which have not been previously reported, could fuel investor worries that demand for the Model 3 in the United States has tailed off after a large tax break for consumers expired last year and the car remains too expensive for most consumers.

UK economy flat-lines as Brexit nears, firms cut jobs: PMI

Tuesday’s figures are likely to worry Bank of England officials ahead of their latest interest rate decision announcement and new forecasts for the economy on Thursday

Volkswagen to cut 30,000 jobs by 2020, suggests report

FRANKENTHAL: Volkswagen intends to cut 30,000 jobs by 2020 as part of a huge savings plan aimed at helping the German auto giant recover...

Malaysia Airlines to cut jobs after air disasters

KUALA LUMPUR: As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.
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