Latest in Businesses Cut Jobs
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BP to cut 4,700 jobs and 3,000 contractor roles to help save £1.6bn
Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy. BP is to cut thousands of jobs from its global workforce, amounting to 5% of its ...The Guardian - Jan. 16 -
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 - Jan. 16 -
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 - Jan. 16 -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - Jan. 15 -
How to Master Execution in Your Business
Turn plans into progress by focusing on how to make and meet your goals.Inc. - Jan. 14 -
Gazprom considers record job cuts as Ukraine war ravages finances
Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on lineFinancial Times - Jan. 13 -
22-year-old makes $49,000 a year as a teacher while preparing to go into business: My job ‘is super rewarding’
Aron Olegnowicz-Cruz is a special education teacher in Columbus, Ohio, and part of the Teach for America program.CNBC - Jan. 12 -
Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why
The job market has shown resilience with unemployment falling to 4.1 percent last month.Inc. - Jan. 10 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
The Most Exciting Tech for Your Business at CES 2025
Some of the weird and wonderful gadgets announced at the Consumer Electronics Show could help you run your company (or at least have more fun).Inc. - Jan. 10 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
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 - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
UK businesses back scheme to prevent repeat offending
Prisons minister James Timpson’s initiative will see people on probation and serving sentences outside jail helped into workFinancial Times - Jan. 10 -
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 - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
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 -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - Jan. 9 -
The silent business of digital identity has remade Relx
Company once known as Reed Elsevier has moved from legal and scientific publishing into AI fraud detectionFinancial Times - Jan. 9 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Uncontained Fire Threatens Pacific Palisades Homes and Businesses
The blaze tearing through the posh neighborhood nestled above the Pacific Ocean has already consumed over 10 percent of area, and remains out of control.Inc. - Jan. 8 -
Business Leaders Are Zeroing in on Culture in 2025
In a recent Inc. poll, leaders chimed in about their workplace priorities for the year – and company culture is taking the cake.Inc. - Jan. 8 -
Hyve aims to double in size as business conferences boom
UK-based group now under private equity ownership seeks acquisitions in corporate events marketFinancial Times - Jan. 8 -
The man making a business out of China’s burnout generation
Li Jianxiong was a highflying marketing executive in Beijing until a breakdown sent him to the west on a wellness voyage of discovery – just as his peers were losing faith in the Chinese Dream. Li ...The Guardian - Jan. 7 -
How Congestion Pricing Will Affect Small Businesses
New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.Inc. - Jan. 6 -
Europe is not a business backwater
Comparisons with the US stock market undersell the continent’s companies and their potentialFinancial Times - Jan. 5 -
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How Turnkey Service Improves Your Business’s Marketability
Making the case that your business can meet customers needs is key, but follow through with a reliable strategy.Inc. - Jan. 4 -
4 Ways to Drive Organic Business Growth
As companies find funding harder to come by, more are turning toward organic growth strategies. Here’s what they look like.Inc. - Jan. 4 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
Small Businesses Brace Themselves for TikTok Ban
If the Jan. 19 ban on the popular social video platform goes into effect, millions of entrepreneurs will lose a valuable marketing and outreach channel.Inc. - Jan. 2 -
Undersea sabotage response is a dangerous business
Holding shady sailors to account would be a lot less perilous than risking war with a powerful nationFinancial Times - Jan. 2 -
The booming business of special needs education in England
The public spending watchdog warns that the system is becoming ‘financially unsustainable’ for councilsFinancial Times - Jan. 2 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - Jan. 1
