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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 ...
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 ...