Tag #Layoffs

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theglobeandmail.com
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Business News Roundup: CPPIB Success, Shopify Action, Tim Hortons Decline

This week's business news includes CPPIB exceeding its $700-billion asset target five years early, Shopify removing Kanye West's store for violating platform rules, Tim Hortons' earnings declining since 2018, TD selling its Charles Schwab stake for $20 billion, Canada supplying two-thirds of the U.S...

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theguardian.com
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Mass Federal Layoffs Under Trump-Musk Administration

The Trump-Musk administration has begun mass layoffs at multiple US federal agencies, impacting hundreds of employees, as part of a cost-cutting plan that involves eliminating entire agencies, facing legal challenges and raising constitutional concerns.

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60% Bias Score

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us.cnn.com
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Trump Orders Large-Scale Federal Layoffs, Restricts Hiring

President Trump signed an executive order Tuesday initiating large-scale layoffs across federal agencies, impacting roughly 2.4 million employees and restricting future hiring to one in four departing employees, with close coordination mandated with Elon Musk's Department of Government Efficiency (D...

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theguardian.com
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Chevron to Lay Off 6,000-8,000 Employees by 2026

Chevron, the No. 2 US oil producer, announced plans to lay off 15-20% of its global workforce (around 6,000-8,000 employees) by 2026 to cut costs amid production challenges, a stalled acquisition, and weak refining business, and reorganize its business and leadership in the next two weeks.

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32% Bias Score

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nos.nl
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University of Twente Lays Off 46 Amidst Nationwide Budget Cuts

The University of Twente in the Netherlands laid off 46 employees from its Faculty of Engineering Technology due to financial pressures and nationwide budget cuts in higher education and research, impacting research projects and causing concern among staff.

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36% Bias Score

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theglobeandmail.com
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BCE Offers Severance to 1,200 Union Employees Amidst Financial Pressures

BCE Inc. announced it is offering severance packages to 1,200 union employees across Canada due to industry challenges and organizational changes, prompting criticism from Unifor about the company's financial priorities and impact on Canadian workers.

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40% Bias Score

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forbes.com
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Meta Layoffs Signal AI-Driven Workforce Restructuring

Meta laid off 3,600 employees (5% of its global workforce) in February 2025, as part of a larger industry trend where companies are using AI to replace human roles, resulting in significant workforce restructuring across tech and other sectors.

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56% Bias Score

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forbes.com
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Inflation Surges Unexpectedly in January

January's consumer price index rose 3% annually, exceeding forecasts, largely due to a 15% increase in egg prices from bird flu outbreaks; this led to market selloffs and dashed hopes for rate cuts.

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cnbc.com
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Zepz Lays Off 20% of Workforce, Closes Regional Offices

London-based digital remittance firm Zepz laid off roughly 200 employees, approximately 20% of its workforce, closing its Kenya and Poland offices to streamline operations after completing replatforming efforts using AI and automation.

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44% Bias Score

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nos.nl
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University of Twente Lays Off 46 Employees Amidst National Funding Cuts

The University of Twente (UT) in Enschede, Netherlands, laid off 46 employees from its Faculty of Science and Technology on October 26, 2023, due to financial pressures and national cuts to higher education and research, causing immediate job losses and concerns about research continuity.

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48% Bias Score

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nos.nl
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University of Twente Lays Off 46 Amidst Nationwide Higher Education Budget Cuts

The University of Twente in the Netherlands laid off 46 employees from its Faculty of Engineering Technology due to nationwide higher education budget cuts of half a billion euros, impacting research and causing concern among staff.

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40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Record Employee Absences Follow Super Bowl Sunday

A record 22.6 million U.S. employees missed work the Monday after the Super Bowl, a 40% increase from last year, due to illness, planned absences, or 'ghosting' their employers, impacting productivity and prompting calls for a national holiday.

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44% Bias Score

Decent Work and Economic Growth

Showing 109 to 120 of 173 results