Category : Search result: Target layoffs


Paramount-Skydance merger cuts 2,000 US jobs

The landmark merger between Paramount Global and Skydance Media will result in significant workforce reductions across the United States as the entertainment giants streamline operations.

Workers file £3.5bn lawsuit as shares crash

Thousands of former employees file massive lawsuit against corporate bosses after being made redundant while executives cashed in lucrative bonuses, causing company shares to crash dramatically.

NASA JPL axes 550 jobs in major workforce reduction

Exclusive: NASA's prestigious Jet Propulsion Laboratory announces devastating workforce reduction affecting 550 employees, sending shockwaves through California's space industry as budget uncertainty takes its toll.

Microsoft AI Pivot Sparks UK Job Cuts

Exclusive analysis reveals how Microsoft's aggressive AI pivot is triggering significant workforce reductions across its UK operations, signalling a dramatic shift in the tech employment landscape.

TikTok cuts UK jobs while hiring AI specialists

TikTok announces significant job cuts across its UK operations while aggressively hiring AI talent, signalling a major technological shift that raises concerns about online safety and employment trends.

CDC hires scientists then fires them in system error

In a stunning bureaucratic failure, the Centers for Disease Control hired scientists only to immediately issue layoff notices due to a 'system error' - leaving careers in limbo and raising serious questions about government competence.

Trump plans mass federal layoffs during shutdown

Former President Donald Trump and allies are reportedly planning sweeping federal workforce reductions that could bypass Congress, raising concerns about government stability and workers' rights.

US Government Shutdown Crisis: Mass Layoffs Warning

As the US government shutdown looms, Vice President JD Vance faces criticism for misleading claims while the White House warns of imminent economic consequences affecting millions of Americans.

Westpac Axes 132 Jobs in Operational Overhaul

Australia's Westpac bank is cutting 132 roles in a significant operational overhaul, primarily affecting back-office and support staff, as part of a broader cost-cutting strategy.

Domino's Pizza Slashes Over 1,100 UK Jobs

Domino's Pizza Group announces the elimination of over 1,100 roles, primarily affecting delivery drivers, as part of a strategic shift following a business review and changing customer habits.

Bank of England holds interest rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.

Target's Price War Shakes Up Walmart and Amazon

US retail giant Target launches a new aggressive price-cutting strategy, directly challenging Walmart and Amazon with thousands of discounted essentials, from milk to baby formula. This move signals a major shift in the global retail battle for consumer w

Australia sets ambitious 65% emissions target for 2035

The Australian government has unveiled a bold new emissions reduction target of 65% by 2035, marking a significant acceleration in the nation's climate strategy. This ambitious commitment positions Australia as a global leader in the fight against climate

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