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Job losses

BUSINESS

General Motors lays off about 1,000 workers worldwide

Digital Desk -
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global car market. The workers, mostly...
BUSINESS

Cisco cuts thousands of jobs as it shifts focus to AI and cybersecurity

Digital Desk -
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year as the company shifts its...
TECHNOLOGY

Apple lays off more than 600 in first major round of post-pandemic cuts

Digital Desk -
Apple is laying off more than 600 workers in California, marking the company’s first big wave of post-pandemic job cuts amid a broader wave...
BUSINESS

Estee Lauder cuts 3% to 5% of global workforce as sales and profits slide

Digital Desk -
Estee Lauder is cutting 3% to 5% of its global workforce, as the cosmetics giant aims to increase profits and become more nimble in...
BUSINESS

BuzzFeed to close news division and cut 15% of all staff

Digital Desk -
Pulitzer Prize-winning digital media company BuzzFeed will shut down its news division as it cuts about 15 per cent of its entire staff. In a...
WORLD NEWS

About 695,000 UK jobs lost in first five months of pandemic

Digital Desk -
About 695,000 UK workers have been removed from the payrolls of British companies since March when the coronavirus lockdown began, according to official figures. The...
BUSINESS

UK companies see recovery gain speed in August but job cuts mount

Digital Desk -
UK industry has reported the fastest growth in almost seven years after being boosted by further easing of lockdown restrictions but companies are still...
BUSINESS

Around 7,000 jobs being cut in further M&S overhaul

Digital Desk -
Around 7,000 jobs are being axed at retail giant Marks & Spencer as part of a further shake-up in the face of the coronavirus...
BUSINESS

Dyson to cut hundreds of jobs in UK and across the world

Digital Desk -
Vacuum cleaner giant Dyson is cutting hundreds of jobs as it speeds up restructuring plans as a result of the Covid-19 crisis. Around 600...

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