Axes Jobs
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Bosch To Cut 3,500 Jobs In Home Appliances Unit To "Reduce Costs"
The Bosch group said Friday it would axe 3,500 jobs at its BSH home appliances subsidiary by 2027, the latest in a series of cuts among German manufacturers as they struggle with rising costs and weaker demand.
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Woman Raped, Face Burnt With Cigarettes, Then Killed With Axe In UP Horror
Raped, face burnt with cigarettes and then hacked down with an axe - a woman in Uttar Pradesh's Sultanpur was killed after she was entrusted with money for a job but failed to deliver on her promise, police said.
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British Steel May Cut 2,000 Jobs In Move To "Greener" Technology: Report
British Steel is preparing to axe up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek large subsidies from the UK government.
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Rolls-Royce To Cut Nearly 2500 Jobs For "More Streamlined" Organisation
Rolls-Royce, the British manufacturer of aircraft engines, said Tuesday it plans to axe up to 2,500 jobs worldwide, or about six percent of its staff.
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UK Telecom Firm BT to Cut 55,000 Jobs by 2030 After 5G Network, Fiber Broadband Rollout
British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull. BT employs 130,000 staff, including contractors. The group will lower this to between 75,000 and 90,000 people over the next five to seven years, it said in a results statement.
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UK Telecoms Firm BT Group To Cut Up To 55,000 Jobs By 2030
British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull.
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Vodafone to Cut 11,000 Jobs in Next 3 Years as Part of New CEO's Restructuring Plan
British mobile phone giant Vodafone on Tuesday said it planned to axe 11,000 jobs over the next three years as new chief executive Margherita Della Valle seeks a "simpler" organisation. "Our performance has not been good enough," Della Valle said alongside news of flat annual revenue at the group.
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Amazon to Lay Off 9,000 Employees in Another Round of Job Cuts; Twitch, E-Commerce, HR Sector to Get Affected
Amazon.com on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9 percent of its roug...
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UK's Royal Mail Seeks 10,000 Job Cuts, Blames Industrial Action For Losses
Britain's Royal Mail postal operator is seeking to axe up to 10,000 jobs, its parent company said Friday, blaming industrial action for huge financial losses.
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Alibaba and Tencent Said to Be Readying Big Job Cuts Amid China Crackdown
Alibaba and Tencent, two of China’s biggest conglomerates, are preparing to cut tens of thousands of jobs combined this year in one of their biggest layoff rounds as the Internet firms try to cope with China's sweeping regulatory crackdown, sources said.
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Cricket Australia Boss Kevin Roberts Facing The Axe: Reports
If Kevin Roberts, 47, loses his job he will join Rugby Australia and National Rugby League counterparts Raelene Castle and Todd Greenberg as casualties of the COVID-19 crisis.
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British Oil Giant To Slash 10,000 Jobs As Pandemic Hits Oil Demand
British energy giant BP on Monday announced plans to axe "close to 10,000 jobs", or almost 15 percent of its global workforce, after the coronavirus pandemic slashed demand for oil.
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We Thought Too Big, Renault Says As It Axes 15,000 Jobs In Cost-Cutting Reboot
Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, the French carmaker detai...
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UK Mobile Company Cuts 2,900 Jobs, Shuts 531 Stores Amid Coronavirus
UK electricals retailer Dixons Carphone on Tuesday said it would axe 2,900 jobs, blaming changed consumer behaviour for shutting mobile phone shops as it awaits "turbulent times" over the coronavirus.
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Europe's Biggest Bank HSBC To Cut 35,000 Jobs
HSBC said it would merge its private banking and wealth businesses, axe European stock trading and cut US retail branches as it seeks to remove $4.5 billion in costs.
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Bosch To Cut 3,500 Jobs In Home Appliances Unit To "Reduce Costs"
The Bosch group said Friday it would axe 3,500 jobs at its BSH home appliances subsidiary by 2027, the latest in a series of cuts among German manufacturers as they struggle with rising costs and weaker demand.
-
Woman Raped, Face Burnt With Cigarettes, Then Killed With Axe In UP Horror
Raped, face burnt with cigarettes and then hacked down with an axe - a woman in Uttar Pradesh's Sultanpur was killed after she was entrusted with money for a job but failed to deliver on her promise, police said.
-
British Steel May Cut 2,000 Jobs In Move To "Greener" Technology: Report
British Steel is preparing to axe up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek large subsidies from the UK government.
-
Rolls-Royce To Cut Nearly 2500 Jobs For "More Streamlined" Organisation
Rolls-Royce, the British manufacturer of aircraft engines, said Tuesday it plans to axe up to 2,500 jobs worldwide, or about six percent of its staff.
-
UK Telecom Firm BT to Cut 55,000 Jobs by 2030 After 5G Network, Fiber Broadband Rollout
British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull. BT employs 130,000 staff, including contractors. The group will lower this to between 75,000 and 90,000 people over the next five to seven years, it said in a results statement.
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UK Telecoms Firm BT Group To Cut Up To 55,000 Jobs By 2030
British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull.
-
Vodafone to Cut 11,000 Jobs in Next 3 Years as Part of New CEO's Restructuring Plan
British mobile phone giant Vodafone on Tuesday said it planned to axe 11,000 jobs over the next three years as new chief executive Margherita Della Valle seeks a "simpler" organisation. "Our performance has not been good enough," Della Valle said alongside news of flat annual revenue at the group.
-
Amazon to Lay Off 9,000 Employees in Another Round of Job Cuts; Twitch, E-Commerce, HR Sector to Get Affected
Amazon.com on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9 percent of its roug...
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UK's Royal Mail Seeks 10,000 Job Cuts, Blames Industrial Action For Losses
Britain's Royal Mail postal operator is seeking to axe up to 10,000 jobs, its parent company said Friday, blaming industrial action for huge financial losses.
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Alibaba and Tencent Said to Be Readying Big Job Cuts Amid China Crackdown
Alibaba and Tencent, two of China’s biggest conglomerates, are preparing to cut tens of thousands of jobs combined this year in one of their biggest layoff rounds as the Internet firms try to cope with China's sweeping regulatory crackdown, sources said.
-
Cricket Australia Boss Kevin Roberts Facing The Axe: Reports
If Kevin Roberts, 47, loses his job he will join Rugby Australia and National Rugby League counterparts Raelene Castle and Todd Greenberg as casualties of the COVID-19 crisis.
-
British Oil Giant To Slash 10,000 Jobs As Pandemic Hits Oil Demand
British energy giant BP on Monday announced plans to axe "close to 10,000 jobs", or almost 15 percent of its global workforce, after the coronavirus pandemic slashed demand for oil.
-
We Thought Too Big, Renault Says As It Axes 15,000 Jobs In Cost-Cutting Reboot
Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, the French carmaker detai...
-
UK Mobile Company Cuts 2,900 Jobs, Shuts 531 Stores Amid Coronavirus
UK electricals retailer Dixons Carphone on Tuesday said it would axe 2,900 jobs, blaming changed consumer behaviour for shutting mobile phone shops as it awaits "turbulent times" over the coronavirus.
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Europe's Biggest Bank HSBC To Cut 35,000 Jobs
HSBC said it would merge its private banking and wealth businesses, axe European stock trading and cut US retail branches as it seeks to remove $4.5 billion in costs.
