Latest in Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
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Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving out its global operations as it struggles with a steep drop in sales.Business - The New York Times - 7 hours ago -
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - 7 hours ago -
Intesa Sanpaolo unveils plans to cut 9,000 jobs
Italy’s largest bank wants to reduce costs by accelerating its digital transformationBusiness - Financial Times - October 23 -
Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed
Ex-manager reported to receive more than £2m a year Sir Jim Ratcliffe’s Ineos has cut 250 staff from payroll The latest victim of the Ineos-led economy drive at Manchester United is none other ...World - The Guardian - October 15 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25 -
Warning 'pain' of tax hikes to hit jobs and pay rises
The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.Top stories - BBC News - October 30 -
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”Business - The New York Times - October 15 -
Airbus to cut up to 2,500 jobs at defence and space unit
Planned reductions are a response to cost increases and stiffening competitionBusiness - Financial Times - October 16 -
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Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector
Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would result ...Politics - The Hill - October 17 -
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.Business - The Wall Street Journal - October 17 -
Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - October 28 -
Europe's Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.Business - The Wall Street Journal - 2 days ago -
4 remote jobs that can pay 6 figures—one can pay as much as $195,000 per year
For those looking for high-paying remote jobs, consider roles like sales engineer and project manager.Business - CNBC - October 22 -
Children must not pay price of council cuts, commissioner says
Local government experts say councils made all the "easy cuts" years ago and still face shortfalls.Top stories - BBC News - October 14 -
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Nomura profits surge as chief takes pay cut over trading scandal
Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversyBusiness - Financial Times - 6 days ago -
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Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.Business - CNBC - 6 days ago -
Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.Business - CNBC - October 25 -
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Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
My husband lost his job and we can no longer pay the mortgage. We have zero savings. Will we lose our home?
“What do we tell the lender?”Business - MarketWatch - October 26 -
Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - October 29 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
Hong Kong slashes tax on spirits to boost nightlife
Chinese territory’s chief executive John Lee tries to turn around economy amid fall in tourism and consumptionBusiness - Financial Times - October 16 -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - 6 days ago -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - 8 hours ago -
From Pitt-iful to perfection: How Narduzzi turned the Panthers around
Pitt is off to the best start in the program in more than 40 years. So what's changed? Pretty much everything.Sports - Yahoo Sports - October 30 -
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Harris backs slashing medical debt. Trump's "concepts" worry advocates.
Health care experts are calling on lawmakers — and the next occupant of the White House — to help the millions of Americans grappling with medical debt.Top stories - CBS News - October 17 -
The AI edge in cybersecurity: Predictive tools aim to slash response times
AI's ability to sift through massive amounts of data, identify patterns and constantly learn makes it invaluable in cybersecurity.Tech - VentureBeat - October 20 -
UK to slash overseas aid in Budget as asylum seeker costs rise
International development organisations warn country’s contribution could slump to its lowest level in 17 yearsBusiness - Financial Times - October 22
