Veteran, 88, Retires After $1M GoFundMe Success
Ed Bambas, an 88-year-old US Army veteran, can finally retire after a viral story led to a $1 million fundraiser. His GM pension was lost in the 2009 bankruptcy.
Category : Search result: General Motors layoffs
FedEx Cuts 900 Jobs in Texas as AI Reshapes Market
FedEx shuts a Texas logistics centre, laying off 856 staff. This mirrors a wider US trend of mass layoffs as companies embrace AI and automation. Discover the impact on the job market.
JLR posts £342m loss following major cyber attack
Jaguar Land Rover reports £342m quarterly loss after cyber attack crippled systems. Production halted for weeks. Discover how the attack impacted Britain's automotive giant.
Target's Zoom layoff blunder sparks corporate outrage
US retail giant Target faces backlash after conducting mass redundancies via Zoom, with employees discovering their fate through impersonal group video calls in latest corporate misstep.
Britain's most stolen car models revealed
Exclusive data reveals Britain's most stolen car models as thieves target specific makes. Discover which vehicles are at highest risk and the security measures that could save your car.
CNN axes senior correspondent Michelle Kosinski in network cuts
Exclusive: Award-winning CNN correspondent Michelle Kosinski becomes latest casualty in network's sweeping cuts as insider reveals 'brutal' staff reduction strategy continues.
JLR refutes government's £15bn support claims
Jaguar Land Rover challenges ministers' assertions about accessing £15bn support package, revealing only £2.5bn was actually drawn in high-stakes automotive industry dispute.
CBS News staffer fired after racist layoffs meeting rant
A CBS News employee has been dismissed after launching into a shocking racist tirade during a virtual meeting about company-wide redundancies, sparking outrage among colleagues.
CBS News lays off eight staff, women hardest hit
Exclusive: CBS News implements significant workforce reductions with eight employees terminated, predominantly affecting female staff members across multiple departments.
CBS News axes Race and Culture Unit in mass layoffs
Exclusive: CBS News dismantles its dedicated Race and Culture division in sweeping layoffs that have left journalists reeling and diversity coverage in question
WPP job cuts as CEO slams 'unacceptable' performance
Global advertising giant WPP faces significant restructuring with thousands of jobs at risk after new CEO Mark Read condemns company's disappointing financial results and pledges radical transformation.
Puma Slashes Hundreds of Jobs Amid Economic Pressures
Sportswear giant Puma announces significant workforce reduction of hundreds of positions globally as company faces challenging market conditions and potential EU tariffs on Chinese imports.
CBS News announces major staff cuts amid media downturn
American broadcaster CBS News becomes latest media organisation to announce significant layoffs, continuing troubling trend across journalism sector amid economic pressures.
Paramount dismantles CBS News digital anchor teams
Exclusive: Paramount Global makes dramatic cuts to CBS News' digital anchor teams as company pivots towards streaming-first strategy, leaving veteran journalists out in the cold.
GM axes 2,300 jobs in Michigan and Ohio plants
General Motors announces massive layoffs across key US manufacturing plants, citing production adjustments for slower-selling vehicles and the industry's rapid shift toward electric vehicles.
CBS News axes jobs in major Paramount restructuring
Exclusive: CBS News announces significant staff reductions as parent company Paramount Global implements sweeping cost-cutting measures across its media empire, affecting multiple departments.
CBS News Announces Dozens of Layoffs in Major Restructuring
CBS News faces significant layoffs affecting dozens of staff across multiple departments as parent company Paramount Global enforces sweeping cost reductions amid industry-wide challenges.
Uber joins corporate exodus from San Francisco
Uber is following Lucid Motors and Nvidia in abandoning San Francisco offices as the city's commercial property crisis deepens, raising questions about the future of America's tech capital.
GM cuts 1,300 UK jobs, closes Ellesmere Port plant
General Motors announces devastating cuts with 1,300 positions eliminated and Ellesmere Port factory closure, sending shockwaves through UK automotive sector amid electric vehicle transition.
Amazon, UPS, Target slash thousands of jobs
Wave of layoffs hits corporate America as retail and logistics giants announce significant workforce reductions amid economic uncertainty.
Amazon, UPS and Target Slash Thousands of Jobs
In a dramatic start to 2024, retail and logistics giants including Amazon, UPS and Target announce significant workforce reductions, signalling ongoing economic turbulence.
UPS cuts 250 Wall Street jobs in cost-saving shake-up
Global delivery giant UPS announces sweeping job cuts affecting 250 Wall Street positions as part of dramatic cost-reduction strategy amid economic pressures.
Amazon to cut 14,000 UK jobs in massive layoffs
Retail giant Amazon is preparing to slash up to 14,000 positions across its UK operations in one of the largest corporate layoffs in recent British history, targeting roles from warehouses to corporate offices.
Amazon axes hundreds more UK jobs in new cuts
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
Amazon axes hundreds in tech teams amid AI shift
Amazon confirms major job cuts across AWS and physical stores technology divisions, signalling strategic shift toward AI-driven operations and cost optimisation.
Amazon to cut 30,000 UK jobs in major shake-up
Retail giant Amazon is preparing to slash up to 30,000 positions across its UK operations in what could become one of the largest corporate redundancy programmes in recent British business history.
Paramount announces job cuts after Skydance merger
In a dramatic corporate shake-up, Paramount Global confirms significant workforce reductions as new owner Skydance Media implements restructuring plans across the media giant's operations.
CBS News Layoffs Following Paramount-Skydance Merger
Exclusive report reveals sweeping layoffs at CBS News following Paramount's merger with Skydance Media, signalling dramatic restructuring in media landscape.
Carter's announces UK store closures and layoffs
Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.
Trump tariffs force Carter's layoffs and store closures
The iconic children's clothing manufacturer Carter's faces devastating layoffs and store closures as Trump-era China tariffs continue to cripple American businesses years after implementation.
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