Instagram Youtube Facebook Google News Icon google-news Tiktok Icon Quora Icon quora
  1. Home
  2. Job Cuts

Tag: Job Cuts

Morrisons Announces Store Closures, Job Cuts, and Service Reductions Amid Restructuring

Morrisons Announces Store Closures, Job Cuts, and Service Reductions Amid Restructuring

Seventeen closures of convenience stores, 52 cafes, and much more than 100 other in-store services have been inaugurated by Morrissons  during these months; the firm will close 18 market kitchens, 13 florists, 35 meat counters,

Audi Announces 7,500 Job Cuts in Germany as Part of VW Group Restructuring

Audi Announces 7,500 Job Cuts in Germany as Part of VW Group Restructuring

Recently Audi began planning to reduce 7,500 positions in Germany throughout the next nine years through administrative and development department cuts. Under an agreement with employee representatives, the company made final decisions that join other

Ola Electric Lays Off Over 1,000 Employees Amid Struggling Profits and Rising Competition

Ola Electric Lays Off Over 1,000 Employees Amid Struggling Profits and Rising Competition

Ola Electric, one of the leading electric scooter manufacturers in India has laid off over 1000 employees in the restructuring process to reduce rising costs and losses. So far, layoffs across the different departments have

Firms Plan to Cut Recruitment and Increase Redundancies Over Rising Costs

Firms Plan to Cut Recruitment and Increase Redundancies Over Rising Costs

Research indicates that every UK business plans to reduce workforce levels and put more expenses on services while saving training funds due to employment expense hikes. CIPD research shows companies will review their recruitment strategy

Commerzbank Plans Job Cuts and targets to fend off UniCredit

Commerzbank Plans Job Cuts and targets to fend off UniCredit

Commerzbank is the second largest bank in Germany and they have planned to cut down their staff which is targeted to implement the strategic measures to enhance the financial stability and independence of the bank.

Deloitte Implements Layoffs Amid UK Market Challenges: Here’s Why

Deloitte Implements Layoffs Amid UK Market Challenges: Here’s Why

One of the Big Four accounting and consulting firms, Deloitte, has disclosed a 180 job decrease across its UK advising divisions. Based allegedly on a reorganization plan aimed to negotiate "challenging market conditions," the Financial

Dotdash Meredith Cuts 53 Jobs in Print as Part of Digital Shift

Dotdash Meredith Cuts 53 Jobs in Print as Part of Digital Shift

53 individuals have been laid off by Dotdash Meredith which is the publishing company that owns publications like individuals and Entertainment Weekly as per the story released by Axios on Thursday. The layoffs impact roughly

Boeing Announces Compensation Plan for Furloughed Employees and Proceeds with Job Cuts

Boeing Announces Compensation Plan for Furloughed Employees and Proceeds with Job Cuts

Kelly Ortberg, the CEO of Boeing declared last week that the company would compensate workers who were dismissed from their jobs during the strike for the money they lost. The CEO did however state that

Big Trouble for PwC: Job Cuts and Client Losses in China

Big Trouble for PwC: Job Cuts and Client Losses in China

PwC, a big accounting company, is having a hard time in China. They're letting go of many workers because lots of their clients have stopped using their services. At least 100 people are losing their

Morgan Stanley Layoff -3,000 Job Cuts in 2nd Round Of Layoff

Morgan Stanley Layoff -3,000 Job Cuts in 2nd Round Of Layoff

In its second round of job cuts, Morgan Stanley is said to be planning to let go of 3,000 workers. About 4% of its staff will be let go because of the layoffs. US media