The sequel to 2023’s brutal year for the entertainment and media industries was not much better. In 2024, nearly 15,000 jobs were eliminated across broadcast, television,...
The fall in employment was the sharpest since the global financial crisis in 2009, if the pandemic … [+] period is excluded. Getty Images Companies in...
Volkswagen is sticking to its plans to cut up to a quarter of its 130,000 jobs in Germany, close down entire plants and reduce wages by...
By Tim Hepher PARIS (Reuters) – Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-largest division, as it...
Thyssenkrupp aims to cut 11,000 jobs in its steel division, which is 40 percent of the current total of 27,000 jobs. Germany’s largest steel company announced...
The carmaker said the European auto industry is facing unprecedented competitive, regulatory, and economic headwinds. “It is critical to take difficult but decisive action to ensure...
(Fixes formatting) By Nick Carey LONDON (Reuters) -Ford said on Wednesday it would cut around 14% of its European workforce, blaming losses in recent years amid...
The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously announced plan to cut 10 per cent of...
LEMOORE, Calif. (FOX26) — Leprino Foods has announced plans to close its East Plant in Lemoore by December 2025. The closure will result in the loss...
Booking.com is conducting a companywide review that could lead to job cuts. The online travel agency’s parent said in a Friday (Nov. 8) regulatory filing that...
Nissan, the Japanese automaker, announced it will cut 9,000 jobs— six percent of its 133,000 global workforce— after experiencing a decline in sales during the most...
Visa will reportedly lay off 1,400 employees and contractors, including about 1,000 in technology positions, by the end of the year. The company aims to streamline...