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Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low

The company is also optimistic that it will see demand growth in certain markets.

MarketWatch - 4h

Cardiff uni job cuts 'threaten supply of nurses'

Some lecturers at Cardiff University have begun getting letters advising them their post is at risk.

BBC News - 1d

Cardiff University plans to cut 400 jobs and axe courses

Vice-chancellor Wendy Larner says "it is no longer an option for us to continue as we are".

BBC News - 2d

Google employees petition for 'job security' ahead of expected cuts

Google employees have begun a petition for "job security" after CFO Anat Ashkenazi in October said the company could "push a little further" with cost cuts.

CNBC - 2d

Ubisoft Closes Studio, Eliminating 185 Jobs In Latest Round Of Cuts

The challenging times at Ubisoft continue, as the French gaming company has announced it is closing one studio and downsizing others in the firm's latest round of cost-cutting that will see about ...

GameSpot - 3d

The Papers: Job cut fears and PM 'rejects whole-life term reform'

The state of the UK economy and calls for sentencing reform after the Southport attack lead the papers.

BBC News - 5d

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.

NBC News - 5d

UK businesses cut jobs at fastest pace since 2009 bar the pandemic

S&P’s results add to gloom about economy as employment levels fall

Financial Times - 6d

CNN Cuts Jobs and Shuffles TV Lineup as It Enters New Trump Era

Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.

The New York Times - Jan. 23

Sainsbury's to cut 3,000 jobs and shut cafés and pizza counters

The changes are part of a cost-cutting plan, but recent tax rises for businesses have also been a factor.

BBC News - Jan. 23

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

CNBC - Jan. 23

Sainsbury’s to cut 3,000 jobs as rising costs hit business

Supermarket chain will lose a fifth of senior management roles and close in-store cafés

Financial Times - Jan. 23

These federal jobs are most at risk of being cut by Trump’s executive orders

Workers in DEI roles, new hires, and IRS employees are at risk as Trump culls the federal workforce.

MarketWatch - Jan. 22

Stripe cuts 300 jobs in product, engineering and operations

Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.

CNBC - Jan. 21

UK employers cut jobs after Budget, official data shows

Drop in payrolled workforce comes even as wage growth accelerates

Financial Times - Jan. 21

Commerzbank explores thousands of job cuts in answer to Andrea Orcel

German lender under pressure to cut costs and boost returns after approach from UniCredit

Financial Times - Jan. 18

Starbucks’s turnaround plan under new CEO now likely includes job cuts

Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.

MarketWatch - Jan. 18

Starbucks Expecting Job Cuts by March

Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.

The Wall Street Journal - Jan. 17

Citigroup Slashes Jobs as Cost-Cutting Continues

Targets include senior managers in the banking giant’s wealth, technology and data analysis units.

Inc. - Jan. 17

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

CNBC - Jan. 16

BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance

Financial Times - Jan. 16

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 departments

Financial Times - Jan. 15

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 line

Financial Times - Jan. 13

Meta and Amazon axe diversity initiatives joining US corporate rollback

The companies are among the latest major corporations to alter their diversity programmes since Trump's re-election.

BBC News - Jan. 11

Disney’s streaming strategy gets more confusing as Venu Sports venture is axed

Analysts are split on whether Disney should move forward with plans to combine Hulu + Live TV and Fubo, following the cancellation of its sports joint venture with Fox and WBD.

MarketWatch - 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

Brompton chief warns axing tariffs on Chinese bicycles could ‘kill’ business

Flood of cheaper products could hit an industry already struggling with stagnant post-pandemic demand

Financial Times - 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

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

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

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’ premises

Financial Times - Jan. 8

Huge problems with axing fact-checkers, Meta oversight board says

The body's co-chair says moving to community notes could have a big impact on gender rights and minority groups.

BBC News - Jan. 8

Spa-Francorchamps axed from F1 schedule in 2028 and 2030

Belgian Grand Prix agrees rotational deal from next year Dutch GP at Zandvoort will leave the calendar Formula One says the Belgian Grand Prix will be rotated from next year as the sport moves ...

The Guardian - Jan. 8

Meta’s Fact-Checking Partners Say They Were ‘Blindsided’ by Decision to Axe Them

Fact-checkers claim they had no idea the company was going to end their partnerships and are scrambling to figure out the financial implications of the move.

Wired - Jan. 7

Washington Post cartoonist says editors axed cartoon depicting Trump, Bezos

A longtime cartoonist at The Washington Post resigned after leadership reportedly killed a cartoon depicting newspaper owner and billionaire Jeff Bezos bending his knee to President-elect Trump. “I ...

The Hill - Jan. 4

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