Latest in Cut Thousands Jobs
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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 - 7h -
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 - 9h -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - 12h -
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 - 1d -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 2d -
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 - 4d -
Arteta calls loss to Man Utd one in a thousand
Mikel Arteta has described Arsenal's FA Cup third-round defeat to Manchester United as a "one in a thousand" occurrence after losing in a dramatic penalty shoot-out at Emirates Stadium.ESPN - 4d -
Tens of thousands displaced from wildfires
Thousands of people in California are rushing to find a place to sleep after mass evacuations and homes were destroyed. NBC News’ Morgan Chesky reports.NBC News - 6d -
Thousands of Providence Health Workers Strike in Oregon
This is a MedPage Today story. Nearly 5,000 healthcare workers from Providence Health began a strike Friday morning, picketing all eight Providence hospitals in Oregon, after months of contract ...ABC News - 6d -
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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 -
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 -
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 -
Among tens of thousands of displaced Angelenos, celebrities face the same devastating losses
Paris Hilton, Mandy Moore, Jeff Bridges, Mel Gibson and Britney Spears are among the many L.A. County residents affected by the destruction of historic fires.Los Angeles Times - 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 -
Six dead in Indian temple stampede as free passes draw crowd of thousands
At least six people were killed and 35 injured in a stampede near one of India’s busiest Hindu temples, after thousands assembled to secure free visit passes.NBC News - 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 -
Eye Opener: Wildfires force thousands to evacuate near Los Angeles
Wildfires fueled by high winds force tens of thousands to evacuate near Los Angeles. Also, President-elect Trump refuses to rule out using military force to try and take control of Greenland and ...CBS News - Jan. 8 -
Thousands ordered to evacuate as wildfires burn around Los Angeles
The Los Angeles County Fire Department has warned more than 10,000 homes are at risk as strong winds fuel devastating wildfires in Southern California. CBS News correspondents Danya Bacchus and ...CBS News - Jan. 8 -
California Fires: Thousands Face Evacuation Across LA Area
Three fires prompted fire officials to issue a swath of evacuation orders and warnings for some of the city’s most heavily residential areas.The New York Times - Jan. 8 -
LIVE: Thousands flee out of control wildfires in and around Los Angeles
California firefighters battled wind-whipped wildfires that tore across the Los Angeles area, destroying homes and clogging roadways as tens of thousands fled.The Hill - Jan. 8 -
Los Angeles Fires Force Thousands to Evacuate
Also, Trump suggested expanding the U.S. Here’s the latest at the end of Tuesday.The New York Times - Jan. 7 -
Thousands without water in Republic of Ireland
Irish national weather forecaster Met Éireann has issued a fresh orange warning in the Republic.BBC News - Jan. 7 -
Eye Opener: Deadly winter weather leaves thousands without power
Deadly winter storm causes travel chaos and leaves thousands without power. Also, Vice President Kamala Harris certifies President-elect Donald Trump's election victory. All that and all that ...CBS News - Jan. 7 -
Thousands expected to pay respects to Jimmy Carter in the Capitol
Despite winter weather delays, Jimmy Carter will be moved from his home state of Georgia to Washington D.C. where he will lie in state at the U.S. Capitol before his public funeral on Thursday. NBC ...NBC News - Jan. 7 -
Winter storm disrupts thousands of U.S. flights
The Washington, D.C., area had the bulk of the day's cancellations from the winter storm.CNBC - Jan. 6 -
Thousands of flights disrupted by massive winter storm
Thousands of flights have been canceled or delayed by a massive winter storm set to impact tens of millions of Americans. NBC News' Aaron Gilchrist reports from Washington.NBC News - Jan. 6 -
Forklifts Hurt Thousands of Workers Each Year. Factories Are Seeking Alternatives.
Companies say the demand for autonomous versions is growing.The Wall Street Journal - Jan. 5 -
Thousands of creative works enter public domain
The start of 2025 means thousands of iconic characters and creative works have entered the public domain, including the classic cartoon strongman Popeye. Here's why these characters are now ...CBS News - Jan. 4 -
The nameless dead: scientists hunt for identities of thousands who tried to reach Europe
Experts’ group employs new technologies and techniques to help relatives of those missing in the migration crisis . Four years ago, the remains of a toddler encased in a lifejacket and a navy ...The Guardian - Jan. 2 -
Tens of thousands of people in Istanbul protest Gaza war
Tens of thousands of people have gathered on Istanbul’s Galata Bridge on New Year’s Day to express solidarity with Palestinians in GazaABC News - Jan. 1
