Victoria Plans 10% Public Service Staff Cost Cuts
The Victorian government announces a plan to cut public service staff costs by 10% to save A$1.6 billion. Learn the details and potential impacts of this major austerity measure.
Category : Search result: news cuts
Yankee Candle to close stores and cut 900 jobs
Newell Brands, owner of Yankee Candle and Sharpie, announces a global productivity plan involving store closures and significant job cuts to strengthen competitiveness. Read the full details.
HP to cut 6,000 jobs by 2028 in AI push
Tech giant HP announces plans to cut up to 10% of its global workforce, aiming to save $1 billion and integrate AI. Discover the impact on the UK tech sector.
WHO to lose nearly a quarter of its workforce by 2026
Massive WHO staff cuts of nearly 25% will severely impact global health security and disease outbreak response, experts warn. The world faces increased health risks.
Local TV News Crisis: Talent Exodus Hits Broadcasters
Local TV news faces crisis as journalists flee industry. Cost-cutting and social media pressure create perfect storm. Discover why veterans are abandoning broadcasting.
CSIRO cuts 350 jobs in major blow to Australian science
Australia's national science agency CSIRO announces up to 350 job cuts, described as 'worst cuts ever seen' and a 'sad day for publicly funded science'.
Ryanair cuts French flights due to 180% tax increase
Ryanair slashes flights from multiple French airports, blaming a 180% aviation tax hike. The airline is reallocating capacity to Italy. Find out the impacted routes.
Jets bench Quincy Williams in shock NFL roster move
The New York Jets make brutal roster decision, cutting linebacker Quincy Williams just weeks before facing his brother's Dallas Cowboys in dramatic NFL twist.
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
Ryanair cuts summer fares after Boeing delivery delays
Budget airline forced to cut prices after Boeing delivery delays leave millions of seats empty, with CEO Michael O'Leary warning of potential further cancellations.
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.
JetBlue cuts nearly third of routes in network shakeup
JetBlue announces sweeping cuts to its flight schedule, eliminating 17 routes including key Florida and international services, as airline industry faces ongoing challenges.
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.
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.
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 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.
Carter's shuts 150 stores, cuts jobs after 80% profit drop
Fashion retailer Carter's announces devastating restructuring plan after profits plummet by 80%, with 150 store closures and hundreds of positions cut across the UK.
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.
Amazon plans 30,000 UK job cuts in major restructuring
Amazon announces sweeping workforce reductions affecting up to 30,000 positions across its UK operations, marking one of the largest corporate downsizing efforts in recent British business history.
Liam Neeson slams 'shameful' UK aid cuts
Hollywood star Liam Neeson launches scathing attack on UK government's foreign aid reductions, calling the decision 'shameful' and warning it will have devastating consequences for world's most vulnerable.
Disney cuts Evil Queen in major villain character purge
In a shocking move that's rattling Disney fans worldwide, the iconic Evil Queen from Snow White is reportedly being cut from the company's roster of classic villains as part of a major character overhaul.
Target Plans Thousands of Job Cuts Amid Stagnant Sales
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
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