job cuts
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February 19, 2021, Friday
Thai Airways cuts 240 exec positions as part of bankruptcy restructuring
"The number of executive positions has been reduced from 740 to about 500," the airline said in a statement
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February 18, 2021, Thursday
Jaguar Land Rover to cut 2,000 jobs globally, full review underway
"We anticipate a net reduction of around 2,000 people from our global salaried workforce in the next financial year," it said
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February 04, 2021, Thursday
Boeing to outsource information technology work to Dell, eliminate 600 jobs
Boeing shed 20,000 jobs companywide last year and has said it needs to cut 11,000 more this year, making it harder for the ...
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February 03, 2021, Wednesday
Services PMI rises to 52.8 in Jan on the back of demand, consumer optimism
That improved sentiment was in line with findings of a Reuters poll last month that predicted Asia's third-largest economy would ...
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January 28, 2021, Thursday
Commerzbank's new CEO plans to axe 10,000 jobs in cost-cutting drive
The plan to reduce the workforce by around a quarter and cut the network of branches from 800 to 450 by 2024 will be finalised by ...
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January 13, 2021, Wednesday
Mahindra lays off two-thirds of staff at its North American subsidiary
Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital ...
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December 02, 2020, Wednesday
Debenhams set to shut down without alternative offer, threaten 12,000 jobs
Debenhams said it had no choice but to start winding down the business, given the prolonged effects of the pandemic
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December 02, 2020, Wednesday
Exxon Mobil slashes capital spending, announces $20 bn oil asset write-down
The company said it was removing gas projects from its plans in Appalachia, the Rocky Mountains, Oklahoma, Texas, Louisiana, ...
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December 01, 2020, Tuesday
Dutch bank ABN Amro to shed almost 3,000 jobs in pull back from abroad
Its shares, which have lost almost half their value since the COVID-19 pandemic, fell almost 5% in early trading, after the bank ...
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November 27, 2020, Friday
IBM planning to cut about 10,000 jobs in Europe ahead of unit sale
The wide-ranging losses will affect about 20 per cent of staff in the region, according to people familiar with the matter
