Tag #Job Cuts

Showing 97 to 108 of 240 results

forbes.com
🌐 85% Global Worthiness
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Record US Job Cuts in February 2025

February 2025 witnessed 172,017 US job cuts—the highest monthly total since July 2020—with over 62,000 federal government positions affected, primarily due to cost-cutting measures and shifting priorities, increasing unemployment to 4.1% and creating intense job market competition.

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40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Reach's Print Losses Projected, Digital Strategy to Save the Day

Reach, the publisher of the Mirror and other UK newspapers, projects its print titles to become loss-making in six to eight years but plans to offset this with a successful digital strategy that grew 2.1% to £130m in 2024, while print revenue decreased 6% to £406m.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 65% Global Worthiness
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Rogers Cuts 2,000 Jobs Amidst Industry Slowdown and High Debt

Rogers Communications cut 2,000 jobs in 2024, resulting in $150 million in savings, following 3,000 job losses in 2023 after its merger with Shaw; the company cites technology advancements and industry slowdown as reasons, while aiming to create 3,000 new jobs in Western Canada as part of its commit...

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36% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Deutsche Post to Cut 8,000 Jobs in Germany

Deutsche Post is cutting 8,000 jobs in Germany by the end of the year due to high costs and declining mail volumes, despite a 3 percent revenue increase to €84.2 billion in 2022 and increased parcel volume; the cost-cutting aims to save over €1 billion.

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40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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Deutsche Post to Cut 8,000 German Jobs Amidst Rising Costs

Deutsche Post plans to cut 8,000 jobs in Germany by 2025, primarily affecting mail and package carriers, to address rising costs and declining profitability despite a 3% revenue increase to €84.2 billion in 2024.

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48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Manufacturing Job Cuts Surge Amid Economic Downturn

British manufacturers cut staff at the fastest rate in almost five years in February, as the S&P Global Manufacturing Purchasing Managers' Index fell to a 14-month low of 46.9 amid declining new orders, supply chain issues, and upcoming tax and minimum wage increases.

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40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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BioNTech Restructures, Shifting Focus to mRNA Cancer Therapies

BioNTech, due to reduced Covid-19 vaccine demand, will cut 250-350 jobs in Marburg and up to 150 in Idar-Oberstein, but add 800-1200 positions elsewhere, focusing on mRNA cancer therapies with a goal of market approval by 2026.

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40% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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U.S. Job Growth Faces Headwinds Amidst Policy Uncertainty and Cuts

February's U.S. employment report, released Friday, is expected to show 170,000 new jobs but faces uncertainty from policy changes and job cuts, with major retailers warning of price increases due to tariffs.

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60% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Deutsche Post to Cut 8,000 Jobs Amidst Tax Law Disadvantage

Deutsche Post plans to cut 8,000 jobs by year-end, citing high costs and a new tax law that disadvantages it against smaller competitors; the company employed 187,000 people in Germany at the end of 2024.

Progress

48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Deutsche Post to Cut 8,000 German Jobs Amidst Rising Costs

Deutsche Post, facing rising costs and declining letter volumes, will cut 8,000 jobs in Germany by year's end to reduce costs by over €1 billion, despite a 3% revenue increase to €84.2 billion in 2022 and a recent wage agreement with Verdi.

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48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Universities Face 10,000 Job Losses Amidst Funding Crisis

The UK faces a higher education funding crisis, with up to 10,000 university jobs potentially at risk this year due to a combination of falling international student numbers and insufficient funding; 5,000 job cuts have already been announced, prompting staff strikes at several universities and conc...

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44% Bias Score

Quality Education
dailymail.co.uk
🌐 85% Global Worthiness
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Skoda to Cut 6,000 Jobs Amid Electric Vehicle Transition Challenges

Skoda plans to cut up to 6,000 jobs, or 15% of its global workforce, to offset the high costs of its electric vehicle transition amid a global decline in electric vehicle demand; this follows similar job cuts at Audi and Vauxhall.

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36% Bias Score

Decent Work and Economic Growth

Showing 97 to 108 of 240 results