Lucid Group Inc. will eliminate about 400 jobs in the coming months, the latest move by an electric-vehicle maker to cut costs in a dramatically slowing market for plug-in cars. The reductions ...
Deere & Co. disclosed Wednesday that it is cutting jobs, with the layoffs expected to occur in the next couple of months. “On May 31, 2024, the company announced to its employees a plan to ...
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SYDNEY—Australian telecommunications company Telstra TLS-0.57%decrease; red down pointing triangle plans to cut jobs at its troubled enterprise unit as part of a continuing strategic review ...
, opens new tab on Tuesday said it plans to reduce the size of its Jeffersonville, Indiana site and close Tualatin, Oregon site, leading to 415 job cuts. It added these changes are part of its ...
(Reuters) -Onsemi said on Thursday it would cut its global workforce by about 1,000 employees, as the chipmaker looks to streamline its operations and reduce costs. The company has been struggling ...
California fast food restaurants have slashed nearly 10,000 jobs because of the state’s new $20 minimum wage as struggling franchises cut labor costs and raise prices to survive, a major trade ...
ITV is to cut 200 jobs as the Love Island broadcaster seeks to shore up its finances amid a deep slump in advertising revenues. Dame Carolyn McCall, chief executive, told staff in an email this ...
SPX experienced volatility due to the hot job market, but the economy remains resilient and inflation may moderate, leading to possible rate cuts. Technical and fundamental factors favor SPX ...
Argentine President Javier Milei on Wednesday announced the layoff of an additional 50,000 state employees, advancing his effort to "reduce the state in half." The move comes as part of the ...
The U.S. economy is generally in pretty good shape. Despite that, some companies may be looking to reduce their staff in the coming months for different reasons. And it's important to recognize ...