September sees private sector activity decline in eurozone – PMI
The euro area economy faced a fresh setback in September, as total business activity contracted for the first time…
Browsing Tag
Job Cuts
Eurozone construction activity falls to six-month low
The eurozone construction sector remained deeply in contraction in July, with activity falling sharply, according…
Eurozone May manufacturing PMI hits 14-month high
The HCOB Eurozone Manufacturing PMI for May rose to 47.3, up from April's 45.7, marking a 14-month high, according…
HSBC plans to cut another 20 jobs in Asia
HSBC is reportedly expanding its investment banking job cuts in Asia, with plans to eliminate an additional 20…
Vodafone plans to cut 11K jobs over next 3 years
Margherita Della Valle, CEO of Vodafone Group announced the company's plans for cutting 11,000 jobs over the period…
IBM to pause hiring to replace 7,800 jobs with AI
International Business Machines Corp (IBM) is expecting to pause hiring to replace 7,800 jobs by AI, according to…
Microsoft hangs up on Nokia business, to cut 7,800 jobs
Microsoft Corp (MSFT.O) said Wednesday it would cut 7,800 jobs, or nearly 7 percent of its workforce, and write…
Microsoft Expected To Announce Job Cuts This Week: Bloomberg
Microsoft Corp is planning its biggest round of job cuts in five years as the software maker looks to integrate…
HSBC Job Cuts May Draw Labor Strike: Report
Unions are threatening strike action after HSBC (HBC.LN) announced more than a thousand job cuts in the wake of new…
Analysis: Nokia Job Cuts May Hasten, Not Stop, Death Spiral
With the latest round of job cuts announced this week Nokia's chief executive Stephen Elop could be hastening…
