All news on the topic: Job losses

The workers who traveled from China to northeast Brazil to build a new factory for electric car maker BYD (002594.SZ), opens new tab earned roughly $70 per 10-hour shift, over twice the Chinese hourly minimum wage in many regions. For many, that made signing up an easy decision - but getting out would be much harder.

The chain’s 61 remaining in-store cafes are set to shut down as part of a major restructuring effort.

As Donald Trump and Joe Biden prepare to face off in their first debate of the 2024 campaign, it's worth examining the facts behind their claims

The online car marketplace highlighted that it experienced 'continually strong levels of demand' in both new and used car sectors,

Sir Douglas Flint, chairman at Abrdn, has said Bird demonstrated 'courage to make tough but necessary decisions', enhancing the company's profitability

Anyone on £14,000 an hour would think it was good times, says Fleet Street Fox. But his personal wealth shows Rishi Sunak's not very good at the maths

Morocco has grown its automotive industry from virtually non-existent to Africa's largest in less than two decades - but it's next challenge is to stay competitive as worldwide auto production transitions to EVs

The telecoms giant said it was making progress on a restructuring plan which has included selling off its underperforming Italian and Spanish businesses and cutting thousands of jobs

Unite the union has said close to 800 workers will leave their posts from midnight on May 7 to the end of May 13 in a major display of industrial action in opposition to outsourcing

The FTSE 100 packaging giant has agreed to the takeover by International Paper after the suitor emerged victorious in a bidding battle for the firm

The company said that they reduced their workforce by an additional 1.7%, equating to about 100 roles, within the first quarter

About 175 permanent positions within the bank's risk division and associated roles are at risk. However the restructuring is anticipated to generate around 130 new roles

The US jobless rate has now remained below 4% for 26 straight months, the longest such streak since the 1960s

The company which trades under the Ted Baker brand collapsed into administration last month, and it has now been confirmed that 15 stores will close for good

Jason Tarry will take over the leadership role in September

The company said it is axing 'a few hundred roles' in the team that oversees technology used in its physical stores

Royal Mail anticipates "fewer than 1,000" voluntary redundancies and no compulsory redundancies as part of this proposed overhaul

Tour operator Jet2 is said to be ending its free resort flight check in service allowing customers to check their bags in at their hotels on the day they depart, while also making large scale redundancies

Community said it will be serving notice to the company this week that the ballot will start in two weeks' time

The Institute for Public Policy Research said the UK was facing a "sliding doors" moment around its implementation of generative AI, and called on the Government to ensure that a fair industrial strategy was in place

The car insurance giant said the savings will come from technology and digitisation initiatives and from simplifying the group's structure

The broadcaster's investment arm plans to commit a significant proportion of its investment into growing companies led by entrepreneurs with more diverse profiles

The luxury department store chain said less than 5% of workers are at risk of redundancy

The steel group said it had been forced to make the closures earlier than previously planned because they can no longer be run safely

Unilever also announced it will split off its ice cream business, which includes major household favourites Ben and Jerry's, Cornetto and Magnum