[WASHINGTON] In a massive restructuring, US auto giant General Motors announced Monday it will cut 15 per cent of its workforce to save US$6 billion and adapt to "changing market conditions...

BT EXCLUSIVE

BARELY two years after setting up its headquarters here in June 2016 and going on a hiring spree earlier this year, the international arm of Chinese developer China Fortune Land Development (CFLD)...

[SOUTHFIELD, Michigan] Ford Motor has told its 70,000 salaried employees that they will face unspecified job cuts as part of the automaker's US$11 billion restructuring, a bid to reverse its...

[NEW YORK] Wells Fargo announced plans on Thursday to cut five to 10 per cent of its workforce, a move that would affect up to 26,500 jobs based on current headcount.

THE labour market continued to show slight improvements in the first quarter of 2018, with retrenchment figures falling to a five-year low and the number of job openings on the rise.

[FRANKFURT] Deutsche Boerse AG plans to cut around 300 jobs as new CEO Theodor Weimer seeks to lower operating costs by 100 million euros ($120 million) through to 2020, Handelsblatt reported on...

THE labour market in Singapore has continued to show slight improvements in the first quarter of 2018, with retrenchment numbers the lowest in nearly seven years and the unemployment rate of...

[FRANKFURT] Deutsche Bank AG's management board will seek to cut as many as 6,000 jobs at the lender's retail unit by the end of 2022, providing the first estimate for the expected staff...

[PARIS] Airbus plans to move or cut 3,600 positions within the group due to a decline in production rates of the A380 and the A400M, Challenges magazine reported on its website on Friday.