Category : Search result: mass layoffs


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.

Sky axes 600 UK jobs in major restructuring shake-up

Broadcasting giant Sky announces plans to cut 600 UK roles in a significant restructuring effort, impacting technology and head office teams. The move aims to streamline operations and respond to evolving market demands.

Sky announces up to 1,000 job cuts in streaming overhaul

Sky, the UK media giant, is set to cut up to 1,000 jobs as it pivots focus towards its streaming services. The restructuring primarily impacts teams at its Osterley campus, signalling a major strategic shift in response to changing viewer habits.

Amazon Axes 100+ Music & Twitch Roles

Amazon announces significant layoffs within its music streaming and Twitch divisions, cutting over 100 roles in Los Angeles and Puerto Rico as part of a broader restructuring effort.

MSNBC fires veteran political analyst Matthew Dowd in shock move

MSNBC has abruptly terminated the contract of veteran political analyst Matthew Dowd, a former George W. Bush aide turned Trump critic, in a major on-air talent shakeup. The surprise move was announced in an internal memo, leaving viewers and insiders spe

Novo Nordisk cuts 9,000 jobs amid Ozempic competition

Danish pharmaceutical giant Novo Nordisk announces major restructuring, cutting 9,000 jobs globally. The move comes as competition intensifies in the lucrative weight-loss and diabetes drug market, challenging its blockbuster medications Ozempic and Wegov

Atlassian Axes 5% of Staff in Major AI Restructuring

Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.

ConocoPhillips Axes 25% of UK Oil Workforce

US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.

Zuckerberg's £75M gift to guard called 'tone-deaf'

Meta CEO Mark Zuckerberg faces backlash for gifting his security chief a reported £75 million package, including a luxury home, as tech layoffs continue. Critics brand the move 'obscene' and 'out of touch'.

UK Grocery Chain Closes 60 Stores in Mass Layoffs

A prominent UK supermarket chain is set to close 60 stores and cut hundreds of jobs in a drastic restructuring plan aimed at reducing costs and adapting to changing consumer habits.

Farage Warns of Public Order Threat from Small Boats

Brexit architect Nigel Farage issues a stark warning, declaring the small boats crisis a 'genuine threat to public order' and revealing a hardline strategy for the mass removal of illegal migrants from the UK.

Farage Unveils Mass Deportation Plan, Tories Cry Copycat

Nigel Farage unveils Reform UK's controversial strategy for mass deportations and a migrant freeze, as the Conservatives claim the policy has been 'wholesale copied' from their own manifesto, igniting a fierce pre-election battle on immigration.

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