Estée Lauder Announces Major Job Cuts Amidst Declining Sales
Estée Lauder announced 5,800 to 7,000 net job cuts by the end of 2026 due to declining global sales, particularly in Asia, resulting in a 19% stock price drop and a $590 million net loss in Q2.
Estée Lauder Announces Major Job Cuts Amidst Declining Sales
Estée Lauder announced 5,800 to 7,000 net job cuts by the end of 2026 due to declining global sales, particularly in Asia, resulting in a 19% stock price drop and a $590 million net loss in Q2.
Progress
40% Bias Score
Continental to Close Contitech Plants, 580 Job Losses in Germany
Continental is closing multiple Contitech plants across four German states, impacting 580 jobs (58 in Saxony) due to declining demand in the automotive and brown coal sectors, with plans to consolidate operations and relocate production lines.
Continental to Close Contitech Plants, 580 Job Losses in Germany
Continental is closing multiple Contitech plants across four German states, impacting 580 jobs (58 in Saxony) due to declining demand in the automotive and brown coal sectors, with plans to consolidate operations and relocate production lines.
Progress
40% Bias Score
Tesco Cuts 400 Jobs Amidst UK Retail Sector Downturn
Tesco will cut 400 jobs and close its Snodland Distribution Centre to improve efficiency amid increased competition, despite record Christmas sales; this follows similar job cuts at Sainsbury's (3,000) and Morrisons (200) due to rising costs from the recent budget and a challenging economic environm...
Tesco Cuts 400 Jobs Amidst UK Retail Sector Downturn
Tesco will cut 400 jobs and close its Snodland Distribution Centre to improve efficiency amid increased competition, despite record Christmas sales; this follows similar job cuts at Sainsbury's (3,000) and Morrisons (200) due to rising costs from the recent budget and a challenging economic environm...
Progress
40% Bias Score
German Electro-Digital Industry Faces Continued Decline in 2025
Germany's electro- and digital industry anticipates a 2 percent decrease in price-adjusted production in 2025, following a more than 9 percent drop in 2024; the ZVEI president warns of potential job cuts and calls for government intervention to improve competitiveness.
German Electro-Digital Industry Faces Continued Decline in 2025
Germany's electro- and digital industry anticipates a 2 percent decrease in price-adjusted production in 2025, following a more than 9 percent drop in 2024; the ZVEI president warns of potential job cuts and calls for government intervention to improve competitiveness.
Progress
48% Bias Score
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.
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.
Progress
40% Bias Score
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.
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.
Progress
36% Bias Score
Bosch Reports Sharp Profit Drop Amidst Economic Slowdown
Bosch, a German auto supplier and technology company, reported a 33% drop in its 2023 EBIT to €3.2 billion, a 1% revenue decrease to €90.5 billion, and plans to cut over 12,000 jobs globally by 2032 due to weak global economic growth and market delays in future technologies.
Bosch Reports Sharp Profit Drop Amidst Economic Slowdown
Bosch, a German auto supplier and technology company, reported a 33% drop in its 2023 EBIT to €3.2 billion, a 1% revenue decrease to €90.5 billion, and plans to cut over 12,000 jobs globally by 2032 due to weak global economic growth and market delays in future technologies.
Progress
44% Bias Score
Continental to Close Contitech Plants, 580 Jobs Affected
Continental is closing several Contitech plants in four German states, affecting 580 jobs, including 58 in Saxony, due to decreased demand in the automotive and lignite mining sectors; the company aims to manage the restructuring socially responsibly.
Continental to Close Contitech Plants, 580 Jobs Affected
Continental is closing several Contitech plants in four German states, affecting 580 jobs, including 58 in Saxony, due to decreased demand in the automotive and lignite mining sectors; the company aims to manage the restructuring socially responsibly.
Progress
44% Bias Score
German Electro-Digital Industry Faces 2025 Job Cuts Amidst Production Decline
Germany's electro- and digital industry faces a 2 percent production drop in 2024, with further job cuts anticipated in 2025 due to persistent economic weakness, prompting calls for governmental intervention to address overregulation, high costs, and boost investor confidence.
German Electro-Digital Industry Faces 2025 Job Cuts Amidst Production Decline
Germany's electro- and digital industry faces a 2 percent production drop in 2024, with further job cuts anticipated in 2025 due to persistent economic weakness, prompting calls for governmental intervention to address overregulation, high costs, and boost investor confidence.
Progress
56% Bias Score
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.
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.
Progress
48% Bias Score
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...
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...
Progress
44% Bias Score
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...
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...
Progress
68% Bias Score