Tag: job cuts

Google eliminates key positions and will move functions to India and Mexico

Google eliminates key positions and will move functions to India and Mexico Google eliminates key positions and will move functions to India and Mexico

The technology giant Google laid off 200 workers from its ‘central unit’ as part of a reorganization that will include moving some of the company’s functions to India and Mexico, CNBC reported. The layoffs include information technology staff, its team of Python developers, technical infrastructure, security, application platforms, engineering, and core developers. According to the […]

Barclays cut 5,000 positions from its workforce in 2023

Barclays cut 5,000 positions from its workforce in 2023 Barclays cut 5,000 positions from its workforce in 2023

the british bank Barclays reported on Tuesday that it cut 5,000 jobs from its workforce worldwide last year, equivalent to 6% of its workforce, as part of a cost-reduction program. “Barclays eliminated around 5,000 positions from its workforce worldwide in 2023, within the framework of its program aimed at simplifying and remodeling the activity, improving […]

Steel giant Tata Steel to cut 800 jobs in Netherlands

Steel giant Tata Steel to cut 800 jobs in Netherlands Steel giant Tata Steel to cut 800 jobs in Netherlands

The Indian steel giant Tata Steel announced this Monday that it will cut 800 jobs in the Netherlands to maintain “competitiveness and profitability” in the face of the difficulties faced by this market. “The steel market has been in difficulties for some time. To remain competitive and profitable now, and in the future, Tata Steel […]

British retailer Wilko goes under, putting 12,500 jobs at risk

British retailer Wilko goes under, putting 12,500 jobs at risk British retailer Wilko goes under, putting 12,500 jobs at risk

British home goods retailer Wilko announced Thursday that it has gone into receivership, putting its 400 stores and 12,500 jobs at risk if a buyer is not found. The family business has requested protection from its creditors after failing to obtain emergency financing, after suffering a liquidity crisis due to the drop in its sales. […]

Ford will cut jobs in the US and Canada in bid to reduce costs

Ford will cut jobs in the US and Canada in bid to reduce costs Ford will cut jobs in the US and Canada in bid to reduce costs

Ford Motor Co. said on Tuesday it will begin layoffs this week, affecting mainly engineering jobs in the United States and Canada, as part of the Detroit automaker’s move to exit unprofitable locations and trim its workforce. The news comes after the company said in May that it expects to undertake restructuring costs of between […]

Gap clothing chain to cut 1,800 jobs at its offices

Gap clothing chain to cut 1,800 jobs at its offices Gap clothing chain to cut 1,800 jobs at its offices

The US clothing chain Gap announced Thursday that it is going to eliminate some 1,800 jobs in its corporate offices as part of a plan to reduce costs and simplify its structure. Gap, which had already announced in January that it was preparing a plan in this regard, specified the personnel reductions in a communication […]

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