Showing 61 to 72 of 302 results
UPS Announces 20,000 Job Cuts and Facility Closures
UPS is offering voluntary buyouts to its US drivers following the announcement of 20,000 job cuts and 73 facility closures, part of a \$3.5 billion cost-reduction plan aiming for a 12 percent US operational margin by next year; this follows the company's decision to halve Amazon deliveries and comes...
UPS Announces 20,000 Job Cuts and Facility Closures
UPS is offering voluntary buyouts to its US drivers following the announcement of 20,000 job cuts and 73 facility closures, part of a \$3.5 billion cost-reduction plan aiming for a 12 percent US operational margin by next year; this follows the company's decision to halve Amazon deliveries and comes...
Progress
44% Bias Score
Qantas to Close Jetstar Asia, Citing Rising Costs and Increased Competition
Qantas announced the closure of its low-cost carrier Jetstar Asia by July 31, resulting in a $25 million loss and 500 job cuts due to rising costs and increased competition; the airline's thirteen A320 planes will be redeployed to Australia and New Zealand.
Qantas to Close Jetstar Asia, Citing Rising Costs and Increased Competition
Qantas announced the closure of its low-cost carrier Jetstar Asia by July 31, resulting in a $25 million loss and 500 job cuts due to rising costs and increased competition; the airline's thirteen A320 planes will be redeployed to Australia and New Zealand.
Progress
36% Bias Score
ABC Announces Restructuring, Including Q+A Cancellation and Redundancies
ABC managing director Hugh Marks will announce a restructuring on Wednesday, including redundancies and the cancellation of the Q+A program after 18 years, following previous job cuts and a review of resource allocation to improve efficiency and impact.
ABC Announces Restructuring, Including Q+A Cancellation and Redundancies
ABC managing director Hugh Marks will announce a restructuring on Wednesday, including redundancies and the cancellation of the Q+A program after 18 years, following previous job cuts and a review of resource allocation to improve efficiency and impact.
Progress
56% Bias Score
P&G to Cut 7,000 Jobs Amid Economic Slowdown
Procter & Gamble announced it will cut 7,000 jobs (15 percent of its workforce) over two years due to decreased consumer spending amid economic uncertainty, including Trump's tariffs and geopolitical tensions; this follows a 2 percent drop in net sales in Q1 and is part of a broader restructuring to...
P&G to Cut 7,000 Jobs Amid Economic Slowdown
Procter & Gamble announced it will cut 7,000 jobs (15 percent of its workforce) over two years due to decreased consumer spending amid economic uncertainty, including Trump's tariffs and geopolitical tensions; this follows a 2 percent drop in net sales in Q1 and is part of a broader restructuring to...
Progress
36% Bias Score
Volkswagen Announces 20,000 Job Cuts in Germany
Volkswagen announced that around 20,000 of its 130,000 German employees joined a voluntary redundancy program to cut 35,000 jobs by 2030, aiming to improve profitability amid falling electric vehicle demand and competition from Chinese automakers.
Volkswagen Announces 20,000 Job Cuts in Germany
Volkswagen announced that around 20,000 of its 130,000 German employees joined a voluntary redundancy program to cut 35,000 jobs by 2030, aiming to improve profitability amid falling electric vehicle demand and competition from Chinese automakers.
Progress
40% Bias Score
Cologne Ford Strike: 10,000 Workers Protest 2,900 Job Cuts
On May 14, 2024, over 10,000 Ford workers in Cologne, Germany, staged a 24-hour strike—the plant's first official strike—to protest the company's plan to cut 2,900 jobs by 2027, highlighting anxieties in the German auto industry amid economic downturn and the shift to electric vehicles.
Cologne Ford Strike: 10,000 Workers Protest 2,900 Job Cuts
On May 14, 2024, over 10,000 Ford workers in Cologne, Germany, staged a 24-hour strike—the plant's first official strike—to protest the company's plan to cut 2,900 jobs by 2027, highlighting anxieties in the German auto industry amid economic downturn and the shift to electric vehicles.
Progress
52% Bias Score
Microsoft Lays Off 9,000 Employees in Restructuring Focused on AI
Microsoft announced layoffs of approximately 9,000 employees, or about 4% of its workforce from a year ago, impacting its Xbox gaming division and other departments as part of a restructuring focused on AI and cloud computing; this follows a previous layoff of 6,000 employees in May.
Microsoft Lays Off 9,000 Employees in Restructuring Focused on AI
Microsoft announced layoffs of approximately 9,000 employees, or about 4% of its workforce from a year ago, impacting its Xbox gaming division and other departments as part of a restructuring focused on AI and cloud computing; this follows a previous layoff of 6,000 employees in May.
Progress
48% Bias Score
Bangor University Vice Chancellor's £30,000 Pay Rise Amidst Job Cuts
Bangor University's vice chancellor received a £30,000 pay rise to £273,000 in 2023/24, while the university is cutting 78 jobs due to financial challenges, sparking criticism from the UCU union.
Bangor University Vice Chancellor's £30,000 Pay Rise Amidst Job Cuts
Bangor University's vice chancellor received a £30,000 pay rise to £273,000 in 2023/24, while the university is cutting 78 jobs due to financial challenges, sparking criticism from the UCU union.
Progress
44% Bias Score
US Jobless Claims Rise to Eight-Month High Amid Tariff Uncertainty
U.S. jobless claims rose to 247,000 for the week ending May 31, the highest in eight months, exceeding analysts' expectations and signaling a potential cooling of the labor market amid tariff-related economic uncertainty.
US Jobless Claims Rise to Eight-Month High Amid Tariff Uncertainty
U.S. jobless claims rose to 247,000 for the week ending May 31, the highest in eight months, exceeding analysts' expectations and signaling a potential cooling of the labor market amid tariff-related economic uncertainty.
Progress
40% Bias Score
P&G to Cut 7,000 Jobs Amidst Sales Decline
Procter & Gamble announced 7,000 job cuts (15% of its non-manufacturing workforce) over two years due to declining sales ($19.8 billion in Q3, down 2% year-over-year) and a challenging business environment; the company also plans portfolio changes, including possible brand divestitures.
P&G to Cut 7,000 Jobs Amidst Sales Decline
Procter & Gamble announced 7,000 job cuts (15% of its non-manufacturing workforce) over two years due to declining sales ($19.8 billion in Q3, down 2% year-over-year) and a challenging business environment; the company also plans portfolio changes, including possible brand divestitures.
Progress
32% Bias Score
Volkswagen Exceeds Job Reduction Target in Restructuring Plan
Volkswagen Group announced that around 20,000 employees have agreed to leave the company by 2030 as part of a restructuring plan, exceeding the initial target and representing over half of the planned job cuts. The plan aims to enhance competitiveness and involves voluntary departures, avoiding comp...
Volkswagen Exceeds Job Reduction Target in Restructuring Plan
Volkswagen Group announced that around 20,000 employees have agreed to leave the company by 2030 as part of a restructuring plan, exceeding the initial target and representing over half of the planned job cuts. The plan aims to enhance competitiveness and involves voluntary departures, avoiding comp...
Progress
40% Bias Score
Ford Cologne Strike: 10,000 Workers Protest 2,900 Job Cuts Amidst European Losses
On May 14th, over 10,000 Ford Cologne employees, fearing 2,900 job cuts, conducted a 24-hour strike—the plant's first official strike—amidst the company's European losses, weak electric vehicle sales, and the impact of global economic conditions and US tariffs.
Ford Cologne Strike: 10,000 Workers Protest 2,900 Job Cuts Amidst European Losses
On May 14th, over 10,000 Ford Cologne employees, fearing 2,900 job cuts, conducted a 24-hour strike—the plant's first official strike—amidst the company's European losses, weak electric vehicle sales, and the impact of global economic conditions and US tariffs.
Progress
48% Bias Score
Showing 61 to 72 of 302 results