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BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 4h -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - 4h -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - 5h -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 1d -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - 6d -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - 6d -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
What went wrong for Spirit Airlines?
Spirit Airlines hasn't had a profitable year since 2019, and it's lost more than $2 billion since 2020. It filed for bankruptcy protection in November.CNBC - Jan. 5
More from CNBC
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Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - 1h -
EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
CNBC - 1h -
TikTok CEO expected to attend Trump's inauguration, NBC reports
TikTok's CEO Shou Chew is expected to attend President's Trump inauguration next week, NBC News reports.CNBC - 1h -
Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - 23m -
Biden administration launches cybersecurity executive order
With this executive order, the Biden White House is looking to boost digital security in the U.S. for the government and the private sector.CNBC - 2h
More in Business
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Retail investors flock to gilts in first two weeks of 2025
Platforms report surge in sales to take advantage of CGT exemptionFinancial Times - 9m -
Netanyahu under pressure from far-right allies on Gaza ceasefire deal
US maintains that agreement will go into force before Donald Trump takes officeFinancial Times - 12m -
We’re Sharing the Data Behind Our Detailed 2024 Election Map
Our new interactive map features precinct-level results that anyone can download.The New York Times - 13m -
Trump, Vance official portraits released
President-elect Donald Trump's expression and head angle closely mirror the stone-faced expression he wore when his mugshot was taken in Fulton County Jail.CNBC - 15m -
How Trump swung the Gaza ceasefire deal
After months of deadlock, the US convinced Netanyahu it was time for Israel to make concessionsFinancial Times - 16m