Showing 229 to 240 of 302 results
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.
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.
Progress
52% Bias Score
BP Announces 7,700 Job Cuts in Cost-Cutting Drive
BP, a British oil firm, announced 4,700 job cuts and 3,000 contractor reductions on Thursday, aiming for $2 billion in cost savings by 2026, primarily impacting office-based roles and potentially impacting its energy transition commitments.
BP Announces 7,700 Job Cuts in Cost-Cutting Drive
BP, a British oil firm, announced 4,700 job cuts and 3,000 contractor reductions on Thursday, aiming for $2 billion in cost savings by 2026, primarily impacting office-based roles and potentially impacting its energy transition commitments.
Progress
40% Bias Score
Meta to Lay Off 3,600 Employees Amidst Policy Changes
Meta is cutting approximately 3,600 jobs, or 5% of its workforce, due to performance issues, a move that follows recent policy changes that have drawn criticism for potentially increasing the spread of misinformation and harmful content.
Meta to Lay Off 3,600 Employees Amidst Policy Changes
Meta is cutting approximately 3,600 jobs, or 5% of its workforce, due to performance issues, a move that follows recent policy changes that have drawn criticism for potentially increasing the spread of misinformation and harmful content.
Progress
52% Bias Score
French Regional Newspaper Le Courrier Picard Announces 20% Job Cuts
Le Courrier picard, a French regional newspaper, announced a plan to cut 18 jobs (20% of its staff) in January 2024, eliminating its editing department and impacting other areas due to industry challenges and competition, despite current profitability.
French Regional Newspaper Le Courrier Picard Announces 20% Job Cuts
Le Courrier picard, a French regional newspaper, announced a plan to cut 18 jobs (20% of its staff) in January 2024, eliminating its editing department and impacting other areas due to industry challenges and competition, despite current profitability.
Progress
44% Bias Score
Record U.S. Job Cuts in 2024 Amidst Technological Advancements and Economic Uncertainty
U.S. companies announced over 1.5 million job cuts in 2024, a 15-year high excluding 2020, driven by rapid technological advancements and economic shifts; the technology sector led with 133,988 job losses, while government job cuts surged 1,520% due to military reductions.
Record U.S. Job Cuts in 2024 Amidst Technological Advancements and Economic Uncertainty
U.S. companies announced over 1.5 million job cuts in 2024, a 15-year high excluding 2020, driven by rapid technological advancements and economic shifts; the technology sector led with 133,988 job losses, while government job cuts surged 1,520% due to military reductions.
Progress
40% Bias Score
VW, Unions Reach Deal: 35,000 Job Cuts, Production Reduction
Volkswagen and German unions reached a deal on December 20th, averting plant closures and mass layoffs, but involving 35,000 job cuts and a 700,000 vehicle production reduction by 2030 to address shrinking European markets and competition from China.
VW, Unions Reach Deal: 35,000 Job Cuts, Production Reduction
Volkswagen and German unions reached a deal on December 20th, averting plant closures and mass layoffs, but involving 35,000 job cuts and a 700,000 vehicle production reduction by 2030 to address shrinking European markets and competition from China.
Progress
24% Bias Score
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...
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
Meta Faces UK Staff Backlash Over Job Cuts and Program Scrapping
UK Meta staff are "concerned" and "let down" by the company's decision to scrap factcheckers and diversity programs, prompting their union, Prospect, to warn Meta of potential difficulties in hiring and keeping staff, particularly given plans to cut about 3,600 jobs globally and the UK government's ...
Meta Faces UK Staff Backlash Over Job Cuts and Program Scrapping
UK Meta staff are "concerned" and "let down" by the company's decision to scrap factcheckers and diversity programs, prompting their union, Prospect, to warn Meta of potential difficulties in hiring and keeping staff, particularly given plans to cut about 3,600 jobs globally and the UK government's ...
Progress
56% Bias Score
Meta Cuts 3,600 Jobs, Prioritizes AI and Free Speech
Meta is cutting approximately 3,600 jobs (5% of its global workforce), prioritizing free speech and AI development, and eliminating third-party fact-checkers and DEI programs, leading to criticism and uncertainty regarding content moderation.
Meta Cuts 3,600 Jobs, Prioritizes AI and Free Speech
Meta is cutting approximately 3,600 jobs (5% of its global workforce), prioritizing free speech and AI development, and eliminating third-party fact-checkers and DEI programs, leading to criticism and uncertainty regarding content moderation.
Progress
60% Bias Score
Wayfair Exits German Market, Cuts 730 Jobs to Focus on Physical Retail
Wayfair announced it is exiting the German market and cutting approximately 730 jobs (3% of its global workforce), costing $102 million to $111 million, to focus on higher-return initiatives like physical retail, after 15 years of operation in Germany, where it makes up a low single-digit percentage...
Wayfair Exits German Market, Cuts 730 Jobs to Focus on Physical Retail
Wayfair announced it is exiting the German market and cutting approximately 730 jobs (3% of its global workforce), costing $102 million to $111 million, to focus on higher-return initiatives like physical retail, after 15 years of operation in Germany, where it makes up a low single-digit percentage...
Progress
60% Bias Score
Microsoft Cuts Fewer Than 2,300 Jobs Due to Performance
Microsoft is cutting less than 1% of its roughly 228,000 employees due to performance issues, a spokesperson confirmed to CNBC, following previous layoffs and amidst a shifting relationship with OpenAI and slower-than-expected Copilot adoption.
Microsoft Cuts Fewer Than 2,300 Jobs Due to Performance
Microsoft is cutting less than 1% of its roughly 228,000 employees due to performance issues, a spokesperson confirmed to CNBC, following previous layoffs and amidst a shifting relationship with OpenAI and slower-than-expected Copilot adoption.
Progress
40% Bias Score
Aviva Acquires Direct Line for £3.7bn, Sparking Job Loss Concerns
Aviva's £3.7bn acquisition of Direct Line, completed on Christmas Day, will create the UK's second-largest car insurer, but will result in 1,650-2,300 job losses and raise concerns about reduced competition and potential price hikes.
Aviva Acquires Direct Line for £3.7bn, Sparking Job Loss Concerns
Aviva's £3.7bn acquisition of Direct Line, completed on Christmas Day, will create the UK's second-largest car insurer, but will result in 1,650-2,300 job losses and raise concerns about reduced competition and potential price hikes.
Progress
44% Bias Score
Showing 229 to 240 of 302 results