Ericsson to lay off 1.2K employees
Ericsson announced on Monday that it will lay off approximately 1,200 employees in Sweden as part of cost-cutting…
Browsing Tag
lay off
UK’s Trifast to cut 10% jobs globally
The UK maker and distributor of industrial fastenings Trifast forecasts a decline in 2024 fiscal year revenue to…
U.S. wedding dress company David’s Bridal to lay off 9K employees
David’s Bridal, one of largest sellers of wedding dress in U.S is laying off about 9,236 employees expected…
U.S. Electronic Arts to wave 6% of its workforce
U.S. Video game company, Electronic Arts (EA) announced on Monday that it will be laying off about 800 jobs or 6…
Twitter lays off 50 employees to cut costs
Twitter Inc lays off a number of employees estimated to exceed 50 on Saturday in a move perceived of another…
GM to lay off 2,000 workers at two U.S. plants due to slow sales
General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on…
Ericsson plans to lay off thousands to cut costs
Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large,…
China expects to lay off 1.8 million workers in coal, steel sectors
China said on Monday it expects to lay off 1.8 million workers in the coal and steel sectors as part of efforts to…
Lenovo to cut 3,200 Jobs as Sales slide
China's Lenovo Group Ltd (0992.HK) will lay off 10 percent of white-collar staff after sales of Motorola handsets…
BBC to cut more than 1,000 Jobs in cost-savings Move
The BBC is to cut more than 1,000 jobs, mainly by slashing layers of management and squeezing back office functions…
