Tag #Job Cuts

Showing 1 to 12 of 185 results

nos.nl
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Tata Steel Netherlands to Cut 1600 Jobs Amidst Reorganization

Tata Steel Netherlands announced it will cut 1600 jobs (1/6 of its workforce) due to financial losses and the need to improve competitiveness, causing employee concern and potential strike action; the company aims to secure government funding for a green transition and improve its profitability.

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44% Bias Score

Decent Work and Economic Growth
nos.nl
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Tata Steel Cuts 1600 Jobs Amidst European Steel Crisis

Tata Steel is cutting 1600 jobs (20% of its workforce) in IJmuiden, Netherlands, due to a €556 million loss and challenges in the European steel industry, prompting union resistance and raising concerns about the industry's future.

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36% Bias Score

Decent Work and Economic Growth
dutchnews.nl
🌐 75% Global Worthiness
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Tata Steel IJmuiden to Cut 1,600 Jobs in Restructuring Plan

Tata Steel's IJmuiden plant will eliminate 1,600 jobs due to a restructuring plan aimed at improving efficiency and competitiveness, following a €556 million loss and amid environmental concerns and high energy prices.

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32% Bias Score

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edition.cnn.com
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Massive Federal Layoffs Dominate March Job Cut Announcements

In March 2025, US employers announced 275,240 layoffs, with the federal government accounting for 216,215 (nearly 80%) due to the Department of Government Efficiency's initiative, marking the third-highest monthly total since the pandemic and significantly impacting various sectors.

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44% Bias Score

Decent Work and Economic Growth
forbes.com
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Massive March Job Cuts: 275,000+ Layoffs, Highest Since 2020

March 2025 saw over 275,000 job cuts—a 60% increase from February and the highest March total since 1989—led by the Department of Government Efficiency, following a year of high layoffs and decreased hiring.

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32% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 65% Global Worthiness
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GiFi Cuts 300 Jobs, Closes 11 Stores Amidst Restructuring

French retailer GiFi, financially restructured in January 2024, announced on April 3rd a plan to cut 5% of its 6,000-person workforce and close 11 stores, impacting 302 employees, due to competition and internal issues, despite a debt write-off of €470 million from banks.

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36% Bias Score

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liberation.fr
🌐 75% Global Worthiness
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STMicroelectronics to Cut 2,800 Jobs Amidst Financial Difficulties

STMicroelectronics announced plans to cut up to 2,800 jobs globally by 2027 to reduce operating expenses by €288-€345 million, following a 23.2% revenue drop in 2024 to €12.5 billion, as part of a broader transformation plan focusing on key semiconductor technologies and AI-driven productivity impro...

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48% Bias Score

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theguardian.com
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Trump Administration to Cut \$500M Grant for Ohio Steel Manufacturer

The Trump administration plans to cut a \$500 million grant for Cleveland-Cliffs, an Ohio steel manufacturer, eliminating over 1300 jobs and hindering the transition to cleaner energy sources, despite earlier promises to boost domestic manufacturing.

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56% Bias Score

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foxnews.com
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793 Federal Leases Terminated, Raising Concerns About Transparency and Service Disruptions

The Trump administration, partnered with Elon Musk's DOGE, terminated 793 federal leases nationwide by March 6, 2025, impacting essential government services and raising concerns about transparency and potential political motivations, with 24 Illinois leases terminated, affecting Social Security, La...

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64% Bias Score

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zeit.de
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Thyssenkrupp to Terminate HKM Supply Contract, Potentially Leading to Plant Closure

Thyssenkrupp Steel Europe (TKSE) plans to terminate its supply contract with Hüttenwerke Krupp Mannesmann (HKM) by year-end 2032, impacting 2.5 million tons of steel, as part of a restructuring involving 11,000 job cuts; failure to sell its HKM stake could lead to the plant's closure.

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44% Bias Score

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sueddeutsche.de
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Webasto Announces 650 Job Cuts in Germany

Webasto, a German automotive supplier, announced 650 job cuts at its German sites on Wednesday, citing market challenges including the transition to e-mobility and increased costs, following 1300 job cuts in 2022 and a €195 million loss in 2023.

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24% Bias Score

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cnnespanol.cnn.com
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HHS Initiates Massive Job Cuts, Affecting 20,000 Employees Across Federal Health Agencies

The U.S. Department of Health and Human Services initiated a large-scale job reduction affecting 20,000 employees across multiple agencies, including the FDA and CDC, on Tuesday, as part of a restructuring effort led by HHS Secretary Robert F. Kennedy Jr. to prioritize chronic disease efforts and re...

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56% Bias Score

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Showing 1 to 12 of 185 results