Tag #Job Cuts

Showing 13 to 24 of 240 results

dailymail.co.uk
🌐 75% Global Worthiness
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UK Government to Cut 50,000 Civil Service Jobs by 2030

Chancellor Rachel Reeves plans to cut around 50,000 civil service jobs by 2030, reducing the workforce by approximately 10 percent to roughly 450,000, as part of a broader effort to shrink the size of the state and reduce government running costs by 15 percent by 2030.

Progress

36% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 75% Global Worthiness
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Volvo Cuts 3,000 Jobs Amidst Global Automotive Industry Challenges

Volvo Cars announced 3,000 job cuts globally, primarily in office positions, due to challenges in the automotive industry including trade tensions and economic uncertainty; 1,200 jobs will be cut in Sweden, along with 1,000 consultant positions.

Progress

36% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Azucarera Announces 251 Job Cuts in Restructuring Plan

Azucarera, a Spanish sugar company, announced a redundancy plan affecting 251 employees (26.6% of its workforce) due to economic, productive, and organizational factors, including the closure of its La Bañeza plant and concentrating production in Toro, Spain. The decision follows years of poor resul...

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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CRA Cuts 280 Permanent Jobs Amidst Federal Austerity

The Canada Revenue Agency is cutting up to 280 permanent positions, mainly in the National Capital Region, due to budget constraints, following the non-renewal of over 1,000 term contracts since 2024, resulting in over 3,000 job losses and concerns about service delivery.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Westpac to Cut 1,500 Jobs Amidst Digital Transformation

Westpac plans to cut 1,500 jobs, its largest redundancy round in a decade, as part of a digital transformation and cost-cutting strategy, following similar actions by CBA's Bankwest and a broader trend of branch and ATM closures across Australia.

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Nestlé Agrees to Social Plan for Thomy Factory Closure in Neuss

Nestlé and the works council of its Thomy factory in Neuss, Germany, agreed on a social plan for the plant's closure in mid-2026, affecting 145 jobs; production will move to Lüdinghausen, creating 30 new jobs, while severance, early retirement, and pension solutions are offered.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Volvo Cuts 3,000 Jobs Amidst Industry Restructuring

Volvo Cars, facing industry challenges, will cut around 3,000 jobs, mainly in Sweden, as part of an 18 billion Swedish kronor restructuring plan following an 11% sales drop in April.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Telstra to Shrink Workforce by 2030 Using AI

Telstra plans to reduce its workforce by 2030 using AI efficiencies in customer service, software development, and autonomous AI agents, aiming for top 25% global rankings in employee engagement and AI maturity by 2030, while facing potential challenges in achieving AI-driven efficiency goals.

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Dow's Potential Cuts Threaten East German Chemical Industry

The IG BCE union protested Dow Chemical's potential production cuts in East Germany, impacting Schkopau and Böhlen plants due to market overcapacities, high costs, and regulations, threatening numerous jobs and the regional economy.

Progress

40% Bias Score

Decent Work and Economic Growth
faz.net
🌐 75% Global Worthiness
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Daimler Truck Restructuring: Job Cuts and Production Relocations

Daimler Truck, facing weak European returns and US sales declines, is implementing a restructuring plan called "Cost Down Europe", involving job cuts and production relocation to cut costs.

Progress

48% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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ArcelorMittal to Cut 636 Jobs in France Amidst Market Decline

ArcelorMittal France announced a plan to cut 636 jobs, primarily due to declining steel market performance, impacting sites including Dunkerque. The French president was not informed in advance because the plan was finalized later. Despite this, the company plans to continue dividend payments and se...

Progress

44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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DAX Companies Report Lower Profits, Thousands of Job Cuts Amidst Economic Slowdown

Germany's top 40 DAX companies (excluding banks) saw a combined revenue increase of 3.3% to €458.9 billion in Q1 2025, but operating profit fell by 8.1% to €44.8 billion, while approximately 32,000 jobs were cut due to economic slowdown and trade disputes; however, some sectors like defense showed g...

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 240 results