Latest in Slash Steel Jobs
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Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.Business - The New York Times - Yesterday -
Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry
Division to shed 11,000 roles amid oversupply in Europe and rise in cheap Asian importsBusiness - Financial Times - Yesterday -
Thyssenkrupp Steel to Cut 11,000 Jobs
The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.Business - The Wall Street Journal - Yesterday -
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‘Incompetent’ FCA slammed by MPs
Report calls for overhaul of UK regulator after three-year probe heard from whistleblowers and former staffBusiness - Financial Times - 2 days ago -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - November 7 -
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At least 12 dead in Mexico steel plant explosion
An explosion at a Simec-owned steel plant in Mexico’s central Tlaxcala state in the early hours of Wednesday killed at least 12 people, state authorities said.Top stories - NBC News - October 30 -
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EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - October 31 -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - November 7 -
Ramaswamy: 'We want to go in and slash and burn that bureaucracy'
Vivek Ramaswamy, who landed a role alongside tech billionaire Elon Musk in President-elect Trump’s incoming administration as heads of the new "Department of Government Efficiency" (DOGE), ...Politics - The Hill - November 14 -
Citigroup slashes promotions as it seeks to overhaul bank
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous roundsBusiness - Financial Times - Yesterday -
12 dead and 1 injured in explosion at steel plant in central Mexico
Twelve people have died in a fire at a steel plant in central MexicoWorld - ABC News - October 30 -
UK holds talks with China’s Jingye to avert closure of British Steel plants
Support package drawn from £2.5bn war chest being prepared to try and keep Scunthorpe site openBusiness - Financial Times - November 9 -
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Snowstorms, steel and a celebrity deer: Gregory Halpern goes home – in pictures
The acclaimed photographer spent two decades photographing his hometown of Buffalo, New York – capturing its ‘quiet resilience and strange beauty’. Continue reading...World - The Guardian - November 14 -
California House Race Between Steel and Tran Is Closest in the Nation
The closest House race in the nation is in Southern California, where Representative Michelle Steel is trailing her challenger, Derek Tran, by a tiny margin after nearly 310,000 votes have been ...Top stories - The New York Times - November 20 -
Steele blasts Trump's return to White House as opening 'Pandora's box of hell'
Former Republican National Committee (RNC) Chair Michael Steele compared President-elect Trump’s return to the White House to opening “Pandora’s box of hell” on Tuesday. “He can’t be an American ...Politics - The Hill - 11 hours ago -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.Business - CNBC - October 30 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync ...Top stories - NBC News - October 30 -
Warren Buffett slashes Apple stake as he boosts cash to record high
Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the periodBusiness - Financial Times - November 2 -
Trump eyes Burgum as new ‘energy tsar’ to slash regulations
Role would have sweeping power over environmental agencies and rules in an attempt to boost fossil fuelsBusiness - Financial Times - November 8 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
Elon Musk handpicked by Trump to carry out slash-and-burn cuts plan
World’s richest man has been an enthusiastic cost-cutter – but he may find the public sector an entirely different beast. Donald Trump, president-elect of the US, announced on Tuesday that he has ...World - The Guardian - November 13 -
Republican Congress Could Mean Slashed Taxes and Heightened Deficits
Trump’s agenda could sink the U.S. government trillions of dollars further into debt.Business - Inc. - November 13 -
Vivek Ramaswamy Returns to Push His Plans to Slash the Government
The wealthy entrepreneur, tapped by Donald Trump to co-lead an outside effort focused on “efficiency,” campaigned on an assertion that the president has the power to fire 75 percent of the federal ...Top stories - The New York Times - November 15 -
How Musk’s Department of Government Efficiency May Try to Slash Federal Spending
President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard part comes next.Top stories - The New York Times - November 16 -
How Elon Musk’s and Vivek Ramaswamy’s Government-Slashing Spree Could Backfire
If they’re not careful, they could make the government’s efficiency problems worse.Top stories - The New York Times - November 18 -
Cop29 live: Slashing methane emissions is ‘our emergency brake’, UN says
Cop29 presidency announces new drive to cut methane emissions from waste dumps as G20 reaffirms transition from fossil fuels. The UK government has conceded that Australia was mistakenly included ...World - The Guardian - November 19 -
How Quickly Can Trump’s Musk-Led DOGE Panel Slash Regulations?
Musk and Ramaswamy have a broad general mandate from the president-elect, but their planned massive cuts may be hard to implement.Business - Inc. - 4 days ago -
Grupo Simec Steel-Plant Explosion Leaves at Least 12 Workers Dead in Mexico
An explosion and fire at a steel plant operated by Grupo Simec in central Mexico left at least 12 workers dead and another injured.World - The Wall Street Journal - October 30 -
Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans
Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK businessBusiness - Financial Times - November 15 -
The bad jobs report, in context
And oil looks set to stay cheapWorld - Financial Times - November 4
