BMW said on Wednesday it will cut several thousand jobs in Germany by the end of 2027 under a voluntary redundancy programme, the latest
July 29, 2026
Visa on Tuesday beat estimates for quarterly profit as steady consumer spending and the World Cup-fueled travel demand boosted payment volumes, signaling
July 29, 2026
Visa plans to cut 7% of its workforce, or about 2,600 jobs, a company spokesperson said on Tuesday, as the payments processor seeks to become more efficient, about
July 28, 2026
Amazon on Wednesday cut jobs in its artificial general intelligence group, marking the latest in a series of smaller reductions across the company
July 22, 2026
BMW has appointed Dorothea von Boxberg as its new board member for human resources, the German carmaker said in a statement on Thursday, outlining her experience in "
July 16, 2026
Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a
July 09, 2026
Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division
July 06, 2026
Volkswagen CEO Oliver Blume faces perhaps the biggest test of his leadership this week: persuading the German
July 06, 2026
Meta Chief Executive Mark Zuckerberg acknowledged shortcomings in the company's sweeping restructuring at an internal town hall on
July 03, 2026
British American Tobacco plans to cut about 20% of its workforce as it pursues an AI-driven overhaul to lower costs and lift profits amid regulatory
June 29, 2026
Auto giant Volkswagen's potential plan to shutter four German factories and ramp up job cuts to as many as 100,000 could be the biggest ever overhaul in the industry.
June 26, 2026
Volkswagen's plans to close plants in Germany and nearly double planned job cuts to around 100,000 have put the spotlight on
June 26, 2026
Volkswagen is pressing ahead with sweeping job cuts and cost reductions in Germany as planned, shrinking its workforce by 19,000 by the end of the year, CEO Oliver Blume is
June 11, 2026
Standard Chartered CEO Bill Winters apologised for the upset caused to staff by his remarks about artificial intelligence replacing "lower value" human workers, but stopped
May 22, 2026
Standard Chartered CEO Bill Winters sought to assuage staff concerns on Wednesday, a day after saying that the bank will cut thousands of jobs over the next
May 20, 2026
Singapore's banks and financial firms should use artificial intelligence to create better jobs and train workers for higher-value roles, not just cut
May 20, 2026
Commerzbank plans to cut 3,000 jobs to help it reach more ambitious profit targets as part of a strategy to fend off a takeover by Italy's
May 08, 2026
Cryptocurrency exchange Coinbase Global on Thursday recorded a second-consecutive quarter of losses, as a crypto-driven market volatility sapped the
May 08, 2026
Estée Lauder on Friday raised its annual profit forecast and said it would cut up to 3,000 more jobs globally as it accelerates a broader
May 01, 2026
Big Tech has spent hundreds of billions of dollars over three years to power the artificial intelligence boom.
April 28, 2026
Citigroup is using artificial intelligence to speed up account openings and the retirement of old software, the U.S. bank's head of technology, Tim
April 08, 2026
The Kennedy Center is warning staff that a planned two-year renovation shutdown will lead to job cuts and “skeletal teams.”
February 11, 2026
Thyssenkrupp Steel Europe said on Monday it had agreed with union IG Metall to cut or outsource about 11,000 jobs, or 40% of its workforce, and reduce production capacity to a
December 01, 2025
Apple said on Monday it is cutting jobs across its sales teams to strengthen its customer engagement efforts, noting that only a small number of roles will be impacted by the layoffs.
November 24, 2025
Humana beats quarterly profit estimates as medical costs stay in line
Biogen beats quarterly estimates as newer drugs fuel growth
Taiwan's UMC raises 2026 capex, expands Singapore and Taiwan fabs for AI demand
Ukraine says it hit a major Russian oil refinery, hours after Zelenskyy's meeting with Trump
Who are Iraq's Iranian-backed armed groups?
Lamborghini's operating profit falls as geopolitical turmoil shakes luxury car sector
Kavinsky, French DJ behind hit track ‘Nightcall,’ found dead at home in Paris
France and Spain fight to contain wildfires as temperatures soar again
'Super Troopers' at 25: A quarter-century of mustaches and maple syrup — and a new film