job cut

Cathay Pacific to Cut 590 Jobs in Restructuring Move

Cathay Pacific has announced it will cut nearly 600 jobs as part of the biggest restructuring in 20 years. The…

7 years ago

Al Jazeera Cuts 500 Jobs Worldwide

Al Jazeera is cutting 500 jobs worldwide, the Qatar-based media network has announced. The job reduction would affect posts worldwide…

8 years ago

Bombardier Cuts 7,000 Jobs Worldwide

Bombardier has announced it will cut about 7,000 jobs worldwide over the next two years. Job losses will be partially…

8 years ago

Schlumberger Cuts 10,000 Jobs on Oil Price Fall

Schlumberger has cut 10,000 jobs in Q4 of 2015 amid the plunge in oil prices. News of the near-10% jobs…

8 years ago

General Electric to Cut 6,500 Jobs in Europe

General Electric has announced it is planning to cut up to 6,500 jobs in energy units it bought from French…

8 years ago

Standard Chartered Announces 15,000 Job Cuts

Standard Chartered bank is to cut 15,000 jobs and raise $5.1 billion to create a "lean, focused and well-capitalized" group.…

9 years ago

Deutsche Bank Announces 15,000 Job Cuts after €6 Billion Loss in Q3

Germany's biggest bank, Deutsche Bank, has announced a 15,000 job cuts after a €6 billion loss in Q3 of 2015.…

9 years ago

Caterpillar Plans to Cut 10,000 Jobs by 2018

Construction and mining equipment maker Caterpillar has announced it could cut its workforce by more than 10,000 by 2018. The…

9 years ago

Hewlett-Packard to Cut up to 30,000 Jobs Ahead of Split

Hewlett-Packard is planning to cut between 25,000 and 30,000 jobs, the company has announced. The move is part of an…

9 years ago

HSBC to Cut 8,000 Jobs in UK, Sell off Turkey and Brazil Operations

British bank HSBC is planning to cut 8,000 jobs in the UK as it tries to reduce costs and simplify…

9 years ago

eBay to slash 2,400 jobs in Q1 2015

eBay is planning to cut 2,400 jobs in Q1 2015, the e-commerce giant announced on January 21. The company’s decision…

9 years ago

Rolls-Royce to cut 2,600 jobs over next 18 months

Rolls-Royce has announced it is planning to cut 2,600 jobs over the next 18 months. The company said most of…

10 years ago

Microsoft to cut up to 18,000 jobs worldwide

Microsoft has announced it will cut up to 18,000 jobs marking the deepest cuts in the company's 39-year history. The…

10 years ago

HP to cut 16,000 more jobs

Hewlett-Packard (HP) announced an 18% rise in profits to $1.3 billion for the second quarter in a statement that was…

10 years ago