ShopBack cuts 195 employees in push for sustainability
TEMASEK-BACKED cashback and rewards platform ShopBack has reduced its employee headcount by 24 per cent or 195 roles “to become more focused...
Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings
UNILEVER said on Tuesday (Mar 19) it would spinoff its ice cream unit, home to popular brands such as Magnum and Ben...
Longi layoffs speed shift in solar production away from China
LAYOFFS at Longi Green Energy Technology, the world’s biggest solar manufacturer, will likely accelerate a global rebalancing of production capacity away from...
Fidelity weighs cutting 20 China jobs as part of global layoffs
FIDELITY International plans to cut about 20 positions in China as part of global job reductions to trim costs, according to sources...
UBS starts job cuts at Asia wealth unit after profit slump
UBS Group started cutting jobs at its Asia private banking division this week as a slump in profits weighs on the region’s...
PwC Australia cuts hundreds of jobs in overhaul to lower costs
PWC Australia has begun a round of job cuts that will reduce headcount by more than 300 staff, part of a broader...
Morgan Stanley cuts 9% China fund unit staff amid market rout: sources
MORGAN Stanley has laid off about 9 per cent of its staff at its asset management business unit in China, two people...
Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs: sources
GULF retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000...
Santander cuts some 300 jobs in US branches in shift to digital
BANCO Santander has cut roughly 320 jobs in the United States as it seeks to focus more on digital operations, according to...
Google trims jobs in trust and safety while others work ‘around the clock’
ALPHABET’S Google is laying off a handful of employees on its trust and safety team as part of broader staff cuts, even...