Business
European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.
Jun 30, 2020
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Business
Budget airline Ryanair has agreed to retain the jobs of all UK-based cabin crew in return for pay cuts, it was announced by trade unions on Wednesday.
Jul 8, 2020
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Business
Facebook parent Meta plans to begin large-scale layoffs this week in what could be the company's most significant head-count reductions in its history, according to reports.
Nov 8, 2022
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Business
Twitter and other companies have unveiled plans to chop more than 900 Bay Area jobs in a fresh round of tech and biotech layoffs that could jolt the region's increasingly wobbly economy.
Nov 30, 2022
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Business
Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that's shedding about 15% of its entire staff, adding to layoffs made earlier this year.
Apr 20, 2023
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Business
Online travel giant Expedia will cut about 3,000 jobs after what the company described in a statement as "disappointing" performance last year.
Feb 25, 2020
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Business
The wobbly Bay Area tech sector may be starting to stabilize after 18 brutal months of layoff announcements that revealed plans to chop more than 25,000 tech jobs in the nine-county region.
Jul 17, 2023
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22
Business
Tech companies have revealed decisions to slash more than 3,900 jobs in the Bay Area so far in 2024, cutbacks fueled by hundreds of staffing reductions in February that hint at a forbidding year for the crucial industry.
Feb 8, 2024
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Business
The mass layoffs that began in Amazon's corporate ranks this week will extend into next year, CEO Andy Jassy said Thursday.
Nov 18, 2022
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25
Business
Mitsubishi Motors told its shareholders Thursday that its top executives are taking pay cuts to share responsibility for the Japanese automaker's financial losses.
Jun 18, 2020
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