Business
German car parts giant Continental said Wednesday it would launch a massive restructuring including job cuts and factory closures, aiming to save hundreds of millions of euros annually in costs.
Sep 25, 2019
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Business
In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software ...
Jan 20, 2023
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Business
Embattled Dutch medical tech maker Philips said Monday that it would slash 6,000 more jobs worldwide in a bid to restore profitability after a massive recall of faulty sleep respirators.
Jan 30, 2023
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Business
Google's parent company Alphabet announced Friday it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech giant to enact large-scale restructuring.
Jan 20, 2023
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Business
Lufthansa on Wednesday raised the possibility of redundancies for some of its pilots in 2021, as the slump in world travel due to the coronavirus looks set to last.
Aug 19, 2020
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Business
Southwest Airlines warned it could lay off more than 6,800 workers in 2021 in what would be carrier's first involuntary job cuts in its 50-year history.
Dec 4, 2020
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Business
Snap has decided to chop nearly 500 jobs in California, including scores of layoffs in the Bay Area, a brutal round of cost-cutting ushered in by a string of setbacks in the financial results for the Snapchat owner.
Sep 9, 2022
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Energy & Green Tech
Transport is Australia's third-largest and fastest-growing source of emissions, accounting for 23% of the total. Without intervention, transport is expected to be the leading source of emissions by 2030.
Jul 5, 2024
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Engineering
A new method uses a digital twin to optimize manufacturing machine speed—known as feed rate—while adhering to quality constraints, according to a study by University of Michigan researchers published in IEEE Access.
May 14, 2024
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Business
Singapore Airlines said Thursday it was cutting about 4,300 jobs—around 20 percent of its workforce—due to the coronavirus, and warned any recovery would be "long and fraught with uncertainty".
Sep 10, 2020
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