job cuts
Allianz to cut up to 1,800 jobs due to AI advances
The jobs are set to be eliminated over the next 12 to 18 months
ABN Amro to cut 5,200 jobs by 2028
It wants to cut costs and optimise capital allocation to boost profitability
Telefonica to cut 5,000 jobs to slash costs, union says
The cuts, affecting about a fifth of the carrier’s Spanish workforce, will apply to three Telefónica units
US companies shed 2,500 jobs as October drew to a close
The decline suggests the labour market lost momentum in late October
US-backed mortgage giant Fannie Mae cuts more than 62 jobs across departments
It says it must eliminate positions that are not core, or otherwise, to mortgages and new home sales
GM to cut over 1,200 jobs at EV plant
The carmaker is responding to slowing demand for its battery cars
Global firms slash jobs amid weak sentiment, AI push
COMPANIES around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while consumer sentiment dims and AI-focused tech companies start to replace jobs ...
UPS deepens job cuts to 48,000 on reduced Amazon deliveries
UPS is cutting some 48,000 jobs as part of a major reorganisation connected to a planned reduction in delivery services for Amazon packages, company officials said on Tuesday.
Air Canada cuts 400 management positions, or 1% of workforce
[MONTREAL] Air Canada said on Thursday it cut about 400 management positions, representing about 1 per cent of its workforce, after the country’s largest airline faced a four-day strike earlier this y...
US judge halts shutdown layoffs as Trump threatens 10,000 jobs
A US judge ordered President Donald Trump on Wednesday to pause the planned mass layoffs of federal workers during the government shutdown after the White House said it expected to fire 10,000 workers...
