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May 22, 2017
Hong Kong's Cathay lays off 600 as it faces rising pressure
Cathay Pacific Airways said Monday it's laying off nearly 600 staff at its headquarters in its biggest round of firings in ...
May 11, 2017
Germany's Siemens to cut 2,700 jobs as it modernizes IT unit
German industrial conglomerate Siemens AG says it's cutting or outsourcing 2,700 jobs as part of efforts to modernize its IT ...
May 09, 2017
The Latest: NC's LGBT law stalled 1,200 Credit Suisse jobs
The Latest on Swiss bank Credit Suisse expanding its North Carolina operations with 1,200 jobs (all times local): 2:30 p.m.
May 02, 2017
Tillerson surveys State Department workers ahead of overhaul
Secretary of State Rex Tillerson sought to show Monday that he is taking the views of his workforce seriously as he prepares ...
April 25, 2017
Alitalia faces bankruptcy after employees vote down plan
The risk of bankruptcy looms for Italy's flagship airline, Alitalia, after employees resoundingly rejected proposed salary ...
February 23, 2017
France's PSA wants to be 'European car champion' with Opel
The chairman of French carmaker PSA Group wants to create a "European car champion" with the potential purchase of General ...
February 22, 2017
France: PSA-Opel deal would be good news if jobs are saved
France's finance minister says a possible PSA Group takeover of General Motors' German subsidiary Opel could help both ...
February 14, 2017
Swiss bank Credit Suisse to cut 5,500 jobs this year
Credit Suisse announced plans Tuesday to cut as many as 6,500 jobs this year in an "incremental headcount reduction," as the ...
December 13, 2016
Italy's largest bank to shed jobs in aggressive overhaul
Italy's largest bank, UniCredit, said Tuesday it will unload 17.7 billion euros ($18.8 billion) in soured loans, raise ...
December 08, 2016
AstraZeneca cuts about 700 jobs, including 120 in Delaware
British-based pharmaceutical company AstraZeneca says it is eliminating about 700 jobs in its U.S. commercial business, ...
November 29, 2016
Plane maker Airbus plans 1,100 job cuts as it consolidates
Airbus wants to cut more than 1,100 jobs across Europe as it consolidates its activities and seeks to better compete with U.S