Tag #Job Cuts

Showing 73 to 84 of 185 results

faz.net
🌐 75% Global Worthiness
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Continental Cuts 3000 R&D Jobs Amid Restructuring

Continental, a German automotive supplier, announced it will cut 3000 jobs in its Automotive division's global R&D by the end of 2024 to improve competitiveness and reduce R&D costs, part of a broader restructuring plan ahead of a planned spin-off of the division.

Progress

44% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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Lubrizol Strike Halts Production Amidst Job Cut Controversy

A strike halting production at Lubrizol's Rouen and Le Havre plants in France protests a restructuring plan eliminating 145 jobs, raising concerns about the company's competitiveness following a 2019 fire.

Progress

52% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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German Unemployment Set to Hit 3 Million Amidst Industrial Crisis

Germany's unemployment is surging, projected to hit 3 million by mid-year due to an industrial crisis, job cuts in the automotive sector, and a skills gap, masking the true extent of job losses with increased early retirement and Kurzarbeit schemes.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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HSBC Announces Further Job Cuts After £1.2 Billion Restructuring

HSBC CEO Georges Elhedery will announce further job cuts next week, part of a restructuring that saved the bank £1.2 billion, impacting the investment banking division in UK, Europe, and the US, while boosting 2024 profits to £25.4 billion and increasing dividends.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Dr. Martens Cuts 70 UK Jobs, Moves Operations to India

Dr. Martens, a British bootmaker, is cutting 70 UK jobs and relocating operations to India to establish a global technology center, impacting its UK and US workforce after recent executive hires received over £3 million in compensation.

Progress

44% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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Commerzbank to Cut 3900 Jobs to Counter Unicredit Takeover Bid

Commerzbank, facing a potential takeover by Unicredit, plans to cut 3900 jobs by 2027, primarily in Germany, to increase profitability to \$4.2 billion by 2028 and deter a hostile takeover while maintaining a largely constant global workforce of 36,700.

Progress

40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Continental to Cut 3,000 More Jobs Amidst Automotive Industry Crisis

Continental, a German automotive supplier, will cut an additional 3,000 jobs globally by 2026, primarily in research and development, bringing the total job cuts to over 10,000, impacting Germany heavily with the closure of the Nürnberg site, due to the challenging automotive market.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Firms Plan Job Cuts Amid Rising Employment Costs"

Facing rising employment costs, including increased National Insurance and minimum wage, over one-third of 2,000 surveyed UK firms plan job cuts or reduced hiring; many are raising prices, and confidence among small businesses is at a 10-year low.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Coalition Plans Major Australian Public Service Cuts

The Australian Coalition plans to cut approximately 30,000 public service jobs if elected, reversing the Labor government's increase and potentially leading to service disruptions and increased costs from outsourcing.

Progress

52% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 65% Global Worthiness
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Dutch Open University Faces Job Cuts Amidst €6.2 Million Deficit

The Open University in Heerlen, Netherlands, announced a €6.2 million budget deficit, leading to potential job cuts of up to 65 full-time positions by year's end due to decreased demand for distance learning following the COVID-19 pandemic, despite prior cost-cutting measures.

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20% Bias Score

Quality Education
lemonde.fr
🌐 65% Global Worthiness
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Le Parisien Cuts 39 Jobs Amidst €33 Million Loss

Le Parisien, owned by LVMH, is cutting 29 journalistic and 10 support positions in a restructuring plan aimed at addressing €33 million in 2024 losses caused by inflation and rising costs, with the new structure featuring thematic editorial teams.

Progress

40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Commerzbank to Cut 3,900 Jobs to Boost Profit, Resist Takeover

Commerzbank announced plans to cut 3,900 jobs by 2027, primarily in Germany, to boost efficiency and counter a potential takeover bid from UniCredit, while aiming for significantly higher profits and shareholder payouts in coming years.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 73 to 84 of 185 results