#job cuts
articles
Kölner Stadt-Anzeiger Medien to Cut 57 Jobs in AI-Driven Regional Shift
The German regional publisher is dissolving its Rheinische Redaktionsgemeinschaft on 30 September, moving regional produ...
BP Plans 700 Global Office Job Cuts as CEO Refocuses on Oil and Gas
BP is set to cut around 700 office roles worldwide — roughly 8% of its non-operational workforce — under CEO Meg O'Neill...
Santander’s TSB Integration to Cut 130 Jobs; Branch Closure Pledge Stands Until 2028
Santander UK will shed 130 roles at newly acquired TSB, representing 2.9% of its workforce, while its CEO reaffirms no b...
Porsche CEO Leiters Lays Out Decade-Long Revival: 9,000 Job Cuts, a Combustion Macan Rival and US Super-SUV
Porsche CEO Leiters unveils a three-phase plan with 9,000 job cuts, a combustion Macan counterpart, and future supercar ...
C.H. Robinson Hits Q2 Margin Target as Lean AI Drives Further Job Cuts
The logistics giant reported a 360 bps jump in adjusted operating margin as it continued to reduce headcount, with CEO D...
BMW to Cut 8,000 Jobs as German Auto Giants Double Down on China
BMW will eliminate 8,000 positions globally by late 2027, with over half in Germany, marking the industry's deepening st...
BMW to Cut 8,000 Jobs in Global Restructuring as New CEO Targets €1bn Savings
The German automaker will launch voluntary buyouts and early retirements from October, targeting non-production roles in...
BMW to Cut 8,000 Jobs as Profit Warning Bites: No Compulsory Redundancies
New CEO Milan Nedeljković is moving swiftly with a voluntary redundancy programme targeting administration, development ...
Visa to Cut 2,600 Jobs, Shifting Focus as Payments Industry Evolves
Payment giant Visa plans to cut about 7% of its workforce, targeting technology and product roles, as it adapts to a rap...
Porsche to Cut Another 5,000 Jobs in Stuttgart as EV Push Stalls
Porsche will shed over a third of its home-region workforce, investing €2.1 billion to stay competitive while extending ...
Vodafone Cost Cuts Chop 1,200 European Jobs as UK Revenue Dips
Vodafone’s Q1 earnings rise as European job losses and merger with Three UK deliver savings, but a post-Ofcom UK mobile ...
Ageas UK CEO Ant Middle Details Job Cut Rationale After Esure and Saga Deals
Ageas UK’s integration of recently acquired Esure and the Saga underwriting business triggers job reductions as the insu...
Porsche Supervisory Board Backs Restructuring Plan That Could Cut Thousands More Jobs
Porsche's supervisory board has thrown its weight behind management's cost-cutting drive, with media reports suggesting ...