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Verizon CEO plans massive shake-up: 15,000 jobs cut, 180 stores set to be franchised
14 Nov 2025 06:55 GMT
Verizon Communications is preparing for one of the biggest layoffs in the company’s history as part of its ongoing cost transformation and restructuring. According to reports, the upcoming layoffs could affect up to 15,000 employees at the American …
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UofL Health cutting jobs in effort to 'modernize health care'
14 Nov 2025 04:22 GMT
… Health says it's cutting jobs in an effort to better … Health says it's cutting jobs in an effort to better …
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Nissan to cut jobs at European regional office as part of global overhaul
14 Nov 2025 02:53 GMT
TOKYO/PARIS :Nissan will eliminate 87 positions at its European regional office in France, a company document and internal emails showed, as part of CEO Ivan Espinosa's global restructuring and turnaround plan that includes a 15 per cent cut in …
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Rad Power Bikes may close, cut jobs as pandemic boom cools
13 Nov 2025 19:42 GMT
Seattle-based Rad Power Bikes, former darling of the booming e-bike market, warned it could shut down amid slowing sales and the hangover of too-rapid growth during the pandemic.
The company, headquartered in Ballard, “may be forced to cease operations” …
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Verizon Plans Largest Layoff: Up to 15,000 Jobs Cut Next Week
13 Nov 2025 17:48 GMT
NEW YORK, NY – Verizon is preparing to reduce its workforce by approximately 15,000 employees, according to a report from The Wall Street Journal. This layoff marks the largest in the company’s history and comes amid rising competition in the wireless …
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DBS, UOB will focus on reskilling staff in AI instead of cutting jobs, say top execs
13 Nov 2025 09:03 GMT
SINGAPORE: The artificial intelligence boom has been lauded for its innovation and productivity gains – but it is also stirring fears that the technology could displace banking jobs.
Banks have increasingly embedded AI in key areas of their business, from …
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Voestalpine to cut jobs at two Austrian sites as US tariffs bite
12 Nov 2025 17:13 GMT
… dutiesAustrian Steel group Voestalpine will cut jobs at two sites in its …
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Over 5,000 bank jobs cut this year as lenders streamline operations
12 Nov 2025 04:52 GMT
HÀ NỘI — More than 5,000 employees have left Việt Nam’s major listed banks so far this year as the industry continues to restructure and tighten costs amid automation, according to nine-month financial reports from over 10 large lenders.
Znews reported …
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Menulog to shut down after 20 years, 120 jobs cut
12 Nov 2025 02:45 GMT
Menulog will shut down in Australia after 20 years, cutting 120 jobs as Just Eat Takeaway retreats from the local food delivery market.
Source: Menulog
Food delivery platform Menulog will cease operations in Australia after two decades, with parent company …
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New York Billionaire Might Cut Jobs, Close Stores, Leave State
10 Nov 2025 17:36 GMT
… he's now considering cutting jobs and moving his business out …