Tag #Job Cuts

Showing 157 to 168 of 240 results

bbc.com
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Cardiff University to Cut 400 Jobs Amidst Funding Crisis

Cardiff University plans to cut 400 jobs due to a £3.6 million funding cut from the Welsh government and decreasing international student applications, impacting various departments including nursing, causing concern about a potential worsening of Wales's nurse shortage.

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48% Bias Score

Quality Education
bbc.com
🌐 75% Global Worthiness
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Cardiff University to Cut 400 Jobs Amid Funding Crisis

Cardiff University announced plans to cut 400 jobs (7% of its workforce) and potentially close schools and merge subjects due to declining international student applications and rising costs; the university says compulsory redundancies will only be used if absolutely necessary, while the union calls...

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44% Bias Score

Quality Education
dailymail.co.uk
🌐 85% Global Worthiness
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Plummeting Consumer Confidence Fuels UK Economic Gloom

A new survey reveals UK consumer confidence has fallen to its lowest level since December 2023, fueled by rising inflation, stagnant growth, and government policies impacting businesses, resulting in job cuts and reduced sales; the Chancellor is attempting to attract investment at the Davos World Ec...

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68% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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HSBC to Close Zing App, Resulting in 400 Job Losses

HSBC, Europe's largest bank, is closing its mobile cross-border payments app, Zing, resulting in approximately 400 job losses due to a strategic review prioritizing cost-cutting and focusing on core business areas where it has a competitive advantage. The app failed to compete effectively against fi...

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36% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 65% Global Worthiness
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Maisons du Monde Announces 91 Job Cuts Amidst Declining Sales

French furniture retailer Maisons du Monde announced 91 job cuts at its Paris and Nantes headquarters, primarily targeting voluntary departures, to address declining sales and implement its "Inspire everyday" cost-reduction plan, aiming to regain growth by 2025-2026.

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36% Bias Score

Decent Work and Economic Growth
faz.net
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Commerzbank Considers Thousands of Job Cuts in Upcoming Strategy Update

Commerzbank plans to announce a new cost-cutting strategy on February 13th, potentially including several thousand job cuts, to improve its cost-income ratio and increase profitability amid declining interest rates; the bank's current workforce is reportedly not involved in the planning.

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52% Bias Score

Decent Work and Economic Growth
bbc.com
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Cardiff University Faces Hundreds of Potential Job Losses Amidst £30 Million Budget Deficit

Cardiff University faces a £30 million budget deficit, prompting meetings with staff and unions amid concerns about hundreds of potential job losses, following 155 voluntary redundancies; the university is exploring new income streams and international partnerships.

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40% Bias Score

Decent Work and Economic Growth
theguardian.com
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Cardiff University to Cut 400 Jobs, Eliminate Subjects Amidst Financial Crisis

Cardiff University, facing a £31.2 million deficit and declining international student applications, plans to cut 400 academic staff (almost 10%) and eliminate subjects like nursing, music, and modern languages to avoid insolvency within four years.

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36% Bias Score

Quality Education
news.sky.com
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Sainsbury's to Cut 3,000 Jobs Amidst Rising Costs

Sainsbury's is cutting 3,000 jobs, partly due to increased employer National Insurance Contributions and rising costs, as part of a wider cost-cutting strategy involving store closures and reduced operating expenses to maintain profit margins in a competitive market.

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56% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Volkswagen's Collaborative Cost Cuts Raise Investor Doubts

Volkswagen's pre-Christmas cost-cutting agreement, involving plant closures and 35,000 job cuts by 2027, prioritizes collaboration with labor unions, raising investor concerns about its feasibility and impact on the company's stock price.

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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IRCC to Cut 3,300 Jobs Amidst Budgetary Constraints

The Canadian federal immigration department will eliminate 3,300 positions over three years, impacting both permanent and term employees amid government-wide budget cuts, potentially worsening application processing backlogs and raising concerns about broader immigration management.

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44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Volkswagen Sales Drop 2.3 Percent in 2024 Amidst Market Challenges

In 2024, Volkswagen Group's global car sales fell by 2.3 percent to over 9 million units due to decreased European demand, Chinese competition, rising costs, and potential US tariffs; the VW brand alone saw a 1.4 percent sales drop and a 37 percent profit decrease, leading to 35,000 job cuts in Germ...

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 157 to 168 of 240 results