Tag #Job Cuts

Showing 49 to 60 of 178 results

apnews.com
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NOAA Fires Hundreds of Employees, Including Weather Forecasters

The National Oceanic and Atmospheric Administration (NOAA) fired hundreds of probationary employees, including weather forecasters, on Thursday, impacting crucial local forecasts and hazard warnings across the country. This action, part of a larger federal workforce reduction effort, raises concerns...

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Good Health and Well-being
theguardian.com
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£140 Million Deficit Forces University of Edinburgh to Consider Job Cuts

The University of Edinburgh faces a £140 million deficit, forcing potential job cuts and highlighting a wider UK higher education funding crisis impacting multiple universities, including Dundee, which is also implementing cost-cutting measures.

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56% Bias Score

Quality Education
europe.chinadaily.com.cn
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Manchester United Announces Further Job Cuts Amidst Financial Restructuring

Manchester United, facing five years of losses, announced plans to cut approximately 150-200 more jobs following a previous round of 250 redundancies, part of a restructuring aiming to return to profitability and improve facilities despite a challenging season.

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Decent Work and Economic Growth
faz.net
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SMA Solar Announces Job Cuts Amidst Market Shift

SMA Solar, a German inverter manufacturer, announced potential job cuts of up to 1100 employees globally in November 2024 due to an 80 percent profit drop in the first three quarters of 2024 compared to the previous year, after a surge in demand in 2022 and 2023. The company is now focusing on large...

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us.cnn.com
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Musk's Job Justification Demand Prompts Federal Employee Backlash

Elon Musk's demand for federal employees to justify their jobs has sparked outrage, raising privacy concerns and fears of job losses and service disruptions across federal agencies, including national parks and the US Forest Service, leading to protests and widespread defiance.

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cnnespanol.cnn.com
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Federal Employees Protest Musk's Restructuring Amidst Widespread Job Cuts

Elon Musk's directive demanding written job justifications from federal employees has sparked outrage, with many agencies instructing staff not to respond, citing existing performance metrics and concerns about the potential impact on sensitive information and vulnerable populations. Budget cuts and...

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zeit.de
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Baywa Appoints New Leadership to Oversee Restructuring After €641 Million Loss

Germany's largest agricultural trader, Baywa AG, appointed Frank Hiller as CEO and Matthias Rapp as CFO to lead a multi-year restructuring plan involving 1300 job cuts and asset divestments after reporting a €641 million net loss in the first nine months of 2024; both start this weekend.

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foxnews.com
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CIA Job Cuts Raise National Security Concerns

Facing government-mandated job cuts, the CIA worries that disgruntled former agents might leak classified information to foreign adversaries like China and Russia; a judge temporarily blocked the firing of 51 employees involved in diversity initiatives.

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56% Bias Score

Peace, Justice, and Strong Institutions
bbc.com
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DBS Bank to Cut 4,000 Jobs as AI Takes Over

DBS Bank in Singapore will cut around 4,000 temporary and contract positions over three years as AI takes over tasks, while simultaneously creating 1,000 AI-related jobs, aiming for attrition to manage the reduction.

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cnnespanol.cnn.com
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Starbucks Cuts Jobs, Simplifies Menu to Reverse Sales Decline

Starbucks is laying off over 1,000 corporate employees and simplifying its menu by removing 30% of its items, including several Frappuccinos and lattes, to combat four consecutive quarters of declining sales caused by high prices, long wait times, and unionization efforts; CEO Brian Niccol aims to r...

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Decent Work and Economic Growth
npr.org
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Trump Administration Places Nearly All USAID Employees on Leave, Terminates 1,600 Positions

The Trump administration put nearly all 4,700 USAID employees on paid administrative leave, terminating 1,600 U.S.-based positions, despite union concerns about endangering overseas staff in conflict zones; a federal judge ruled the plan would not cause irreparable harm.

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No Poverty
bbc.com
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Dundee University Strike: 450 Staff Walk Out Over Job Cuts

Staff at Dundee University are striking for three weeks over planned job cuts stemming from a projected £30 million deficit; 74% of UCU members voted for the strike, impacting lectures and classes.

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32% Bias Score

Decent Work and Economic Growth

Showing 49 to 60 of 178 results