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

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  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 - 5h

• Stripe cuts 300 jobs in product, engineering and operations

  Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.
  
  CNBC - 1d
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  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 - 5d
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  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
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  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
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  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
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  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
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  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

More from BBC News

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  'Evil' Southport killer jailed for a minimum of 52 years

  Axel Rudakubana is handed a life sentence for killing three girls and attacking 10 other people.
  
  BBC News - 16m
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  'Our life went with her. He took us too': What the victims' families told the judge

  A court hears from the parents of two of the girls killed and other victims of Axel Rudakubana.
  
  BBC News - 2h
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  Taxi dashcam shows Rudakubana moments before attack

  Taxi dashcam footage shows the moment Axel Rudakubana arrived at a Taylor Swift-themed dance class.
  
  BBC News - 53m
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  Millions get phone alert as Storm Éowyn closes in and poses danger to life

  Eowyn could be the storm of the century for Ireland, with strong winds of up to 100mph forecast.
  
  BBC News - 2h
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  'A mockery': Trump's new meme-coin sparks anger in crypto world

  The president's meme-coin launch is being criticised as a stunt, while impatience grows for deregulation.
  
  BBC News - 2h

More in Top stories

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  A Test So Hard No AI System Can Pass It — Yet

  The creators of a new test called “Humanity’s Last Exam” argue we may soon lose the ability to create tests hard enough for A.I. models.
  
  The New York Times - 5m

• GOP Sen. Lisa Murkowski says she's "unable to support" Hegseth

  GOP Sen. Lisa Murkowski of Alaska says she "cannot in good conscience" support Pete Hegseth for secretary of defense.
  
  CBS News - 7m

• Judge temporarily blocks Trump's birthright citizenship executive order

  A federal judge in Seattle granted a request for a temporary restraining order sought by four states to block Trump's executive order against birthright citizenship.
  
  CBS News - 8m

• How will CD interest rates be impacted by the January Fed meeting?

  Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.
  
  CBS News - 12m

• Senate confirms John Ratcliffe as CIA director

  The Senate confirmed John Ratcliffe as CIA director on Thursday as Republicans work to approve officials to the top posts in his administration amid delays by Democrats.
  
  CBS News - 13m