Category : Search result: employment cuts


HP to Cut 6,000 Jobs in AI Restructuring Plan

HP announces up to 6,000 job cuts worldwide as it embraces AI to accelerate innovation. The move comes alongside a lower profit outlook and aims to save $1bn annually.

US Companies Break Holiday Layoff Taboo Amid AI Push

The long-standing corporate taboo of holiday season layoffs is being shattered as US firms embrace cost-cutting and AI-driven workforce reductions, creating a chilling new trend in employment practices.

Snap Cuts Crisis: Your UK Survival Guide

Facing sudden income loss? Discover practical strategies for managing finances, accessing support, and navigating the emotional toll of snap redundancy in Britain's challenging economic climate.

BT to cut 55,000 jobs in AI-driven workforce overhaul

Telecoms giant BT reveals plans to slash 55,000 jobs by the end of the decade as artificial intelligence and automation reshape the workforce. The restructuring will reduce BT's total workforce from 130,000 to between 75,000 and 90,000 employees.

Canada's recession budget imposes austerity measures

The Canadian government has unveiled a stark austerity budget featuring sweeping spending cuts and tax increases as the nation confronts its first recession in over a decade. Key public services face significant reductions while households brace for finan

Puma cuts 100 UK jobs blaming Trump tariffs

Sportswear giant Puma announces significant job cuts in London following Trump's escalating trade war, highlighting how global political decisions are impacting British employment.

Gordon Ramsay axes 200 restaurant jobs in major cuts

Celebrity chef Gordon Ramsay's restaurant group cuts 200 positions across London venues as hospitality sector faces ongoing challenges. The restructuring affects multiple high-profile establishments.

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.

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 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.

Target slashes 1,800 jobs in shock Wall Street move

American retail giant Target abruptly eliminates 1,800 positions in latest corporate restructuring, sending shockwaves through financial markets and raising concerns about UK retail sector stability.

Mini manager sues over boss's offensive pocket dial

A senior Mini Cooper manager is taking legal action against BMW after accidentally receiving a voicemail from her boss containing offensive remarks about her parenting and disabled child's sleeping arrangements.

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