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May 31, 2016
Finland to seek EU aid to cope with Microsoft, Nokia layoffs
Finland says it will apply for EU help to deal with recent redundancies, particularly among workers at Microsoft and Nokia.
May 25, 2016
Microsoft cuts more jobs in troubled mobile unit
Microsoft said Wednesday it will cut up to 1,850 jobs and take a $950 million hit to its books as it attempts to salvage its ...
April 22, 2016
One UK steel town, one crisis that affects the nation
To Mark Turner, the Tata Steel plant in this small Welsh town isn't just a factory. The steel worker sees two dragons, the ...
April 06, 2016
Union: Banco Santander planning 1,200 layoffs in Spain
A union representing bank workers says Spain's biggest bank is planning to lay off 1,200 workers as part of a restructuring ...
March 23, 2016
Credit Suisse to cut more jobs as it steps up overhaul plan
Swiss bank Credit Suisse is intensifying its restructuring efforts, announcing Wednesday greater cost cuts and plans to ...
February 08, 2016
After big loss, Credit Suisse CEO asks board: Cut my bonus
The new CEO of Credit Suisse has proposed that its board make a "significant" cut in his bonus after the Swiss bank posted ...
February 03, 2016
Ford looks to shed hundreds of managers in Europe
Ford Motor Co. is looking to cut hundreds of managerial jobs in Europe and phase out less profitable models as it seeks to ...
February 02, 2016
Oil industry cutting jobs, investment to offset lower prices
Oil companies are cutting investment, slashing jobs and selling off pipelines and other assets as crude prices plunge.