Plans Cut Jobs - QuikReader

Starbucks announces several changes, including plans to cut some menu items

Starbucks announced several changes, including its plan to cut some items from the food and drink menu.

NBC News - 1d

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

Dismay at plan to cut back A-level maths support programme

Reducing support scheme credited with boosting maths performance in England is retrograde step, say critics

Financial Times - 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

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

CNN hit with 6% staff cut as network sets a plan for a digital future

Cable cord-cutting and a decline in revenue led to a significant workforce reduction at the Warner Bros. Discovery unit while new employees are hired for digital efforts.

Los Angeles Times - Jan. 23

Republicans reportedly ready to cut Medicaid funding to pay for Trump plans

House and Senate Republicans float ideas to pay for Trump’s immigration crackdown and to fund tax cuts. US politics – live updates Republicans are reportedly prepared to cut Medicaid funding ...

The Guardian - 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

Trump Plan to Swap Tariffs for Tax Cuts Faces Opposition in Congress

Tariffs only made up about 2 percent of annual revenue before.

Inc. - Jan. 22

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

Kaine grills Vought on planned 'woke and weaponized' budget cuts

Sen. Tim Kaine (D-Va.) grilled Russell Vought, President Trump’s nominee to lead the White House Office of Management and Budget, over a budget proposal created at the think tank where he worked, ...

The Hill - 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

US Debt Faces Record as Trump and GOP Plan Tax Cuts

The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.

The New York Times - 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

Everton’s plan to cut short Armando Broja loan hits hitch with Chelsea

Chelsea ask for total loan cost to be paid before return Striker is injured and set to miss most of rest of season Everton’s attempt to cut short Armando Broja’s loan has hit complications with ...

The Guardian - 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

FDA to cut nicotine from cigarettes, in plan first floated under Trump

It will be up to the returning Trump administration to decide whether to finalize the rule.

CBS News - Jan. 15

How do UK regulators plan to cut back rules and boost growth?

Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economy

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

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

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

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