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October 12, 2016
Roberto Cavalli announces job cuts, closures, removes Dundas
Roberto Cavalli's new owners are cutting 200 jobs, closing stores and replacing the fashion house's creative director in a ...
October 04, 2016
Ericsson cuts 3,000 jobs in Sweden, reduces operations
Ericsson said Tuesday it will cut 3,000 jobs in Sweden, or nearly 20 percent of its local workforce, and will downsize ...
September 28, 2016
Germany's Air Berlin to shed 75 aircraft, 1,200 jobs
Struggling German airline Air Berlin says it plans to cut its fleet nearly in half and eliminate some 1,200 jobs as part of ...
September 08, 2016
Belgium mulls action against Caterpillar over plant closure
Belgium's government is considering legal action against Caterpillar over the U.S. heavy equipment maker's decision to close ...
September 02, 2016
Caterpillar considers closing Belgian site, laying off 2,000
U.S. heavy equipment maker Caterpillar said Friday it may close a Belgian manufacturing site and lay off about 2,000 workers, ...
August 26, 2016
Brewer AB Inbev to cut thousands of jobs in takeover deal
The world's largest brewer, AB Inbev, expects to cut about 3 percent of its total workforce — equivalent to thousands of jobs ...
August 19, 2016
Bad news at Goodgame: German developer to cut over 100 jobs
German video game publisher Goodgame Studios says it is cutting scores of jobs amid declining revenues. The Hamburg-based ...
August 09, 2016
Telecoms giant Altice to lay off 600 workers in Connecticut
The new owner of New York cable operator Cablevision plans to lay off 600 workers in Connecticut as it closes a call center ...
July 28, 2016
Initial Brexit shock is hurting UK _ but sparing eurozone
For years, Britain bragged about its economic performance, contrasting it with the neighboring eurozone, which was struggling ...
July 28, 2016
Lloyds cuts 3,000 jobs as Brexit fears take shape
Britain's Lloyds Banking Group said Thursday it plans to eliminate 3,000 jobs and close 200 branches — the first big cuts ...
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 ...