job cuts

[BERLIN] Volkswagen could cut around 50,000 additional jobs based on calculations aimed at bringing the carmaker into line with the cost competitiveness of other companies, CEO Oliver Blume told staff...

The cuts affect 10% of staff across support teams and is said to be part of the ongoing integration between its UK and Switzerland arms

Singapore can win in the age of artificial intelligence, and this will benefit local equities

Departments across the corporation have been ordered to cut about a tenth of their costs

Businesses have invested a lot in the technology, but the radical gains many hoped for have yet to materialise

The layoffs represent less than 1% of the ride-share company’s global workforce

Traders are now wagering about an even chance of a rate hike in August

The city-state will still be the bread maker’s central hub, with about 250 employees

It has been squeezed by rising costs and US tariffs