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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 - 7h -
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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 - 7h -
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 - 8h -
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 cafésFinancial Times - 11h -
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 - 1d -
Stripe cuts 300 jobs in product, engineering and operations
Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.CNBC - 2d -
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - 2d -
Anatomy of a jobs promise
Eye-catching boosterism about employment from new projects does not always stand up to scrutinyFinancial Times - 2d -
Commerzbank explores thousands of job cuts in answer to Andrea Orcel
German lender under pressure to cut costs and boost returns after approach from UniCreditFinancial Times - 5d -
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 - 5d -
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 - 6d -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - 6d -
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 performanceFinancial 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 departmentsFinancial Times - Jan. 15 -
Lazio part ways with falconer over 'penis' posts
Lazio have parted ways with their falconer, the Serie A club said on Monday, after local media reported that he had shared images of his penile implant on social media.ESPN - Jan. 14 -
Jennifer Rubin resigns from Washington Post
Jennifer Rubin has resigned from her position as a columnist at The Washington Post amid a period of internal strife at the outlet to begin the new year. Rubin, who has been a columnist at the Post ...The Hill - Jan. 13 -
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 -
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 Washington Post Is Limping Into Trump's Second Term
Financial struggles and concerns over editorial strategy rattle staffers at the Jeff Bezos-owned publication; rivals poach top talent.The Wall Street Journal - 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 security officials monitor Elon Musk's posts
A Home Office team is tracking the reach and impact of posts by the tech mogul and others for security risks.BBC News - 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’ premisesFinancial Times - Jan. 8 -
Slot on Salah posts: Not focused on outside noise
Liverpool head coach Arne Slot has said he does not focus on what is being said about the club online after forward Mohamed Salah sparked further speculation about his future with a cryptic social ...ESPN - Jan. 7 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Salah posts cryptic snap with TAA, Van Dijk
Liverpool forward Mohamed Salah has sparked further speculation over his future, sharing a cryptic photo from his team's 2-2 draw with Manchester United on social media.ESPN - Jan. 6 -
Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - Jan. 6 -
Farage defends Musk after grooming gangs posts
The tech billionaire has used his X platform to heavily criticise the UK government and individual ministers.BBC News - Jan. 5 -
When the Husband Stops Scrolling and Starts Posting
A second-person narrative of social media.The New York Times - Jan. 3