job cuts - Vienna Gentlment

VW CEO Warns of Up to 50,000 Job Cuts in the Group

Oliver Blume emphasizes the need for cost reduction at the Wolfsburg headquarters, potentially affecting thousands of jobs.

Editorial Staff 1 day ago

Politics Policy

Volkswagen Faces Critical Decisions on Job Cuts and Factory Closures

As Volkswagen's management prepares for a crucial meeting, the potential for significant job cuts looms large, prompting union protests.

Editorial Staff 6 days ago

Money Fintech

Allianz to Lay Off Over 1,500 Employees Amid AI Transition

In a strategic shift towards artificial intelligence, Allianz plans to lay off more than 1,500 employees, as reported by CEO Tomas Kunzmann.

Editorial Staff 6 days ago

Politics Policy

Microsoft Announces Major Job Cuts, Xbox Division to Face Significant Layoffs

In a significant restructuring move, Microsoft will cut thousands of jobs, particularly impacting its Xbox gaming division, which has been struggling with an unsustainable business model.

Editorial Staff 8 days ago

Tech Programming

Cloudflare Announces 1,100 Job Cuts Amid MD5 Breakthrough and Global Internet Initiatives

Cloudflare has revealed plans to cut 1,100 jobs as the tech world witnesses a significant breakthrough in cracking the MD5 hashing algorithm using a single GPU. Meanwhile, efforts to create an independent internet are gaining traction globally.

Editorial Staff 8 days ago

World North America

British American Tobacco Announces Significant Job Cuts

The company behind Dunhill cigarettes is set to reduce its workforce by 9,000 positions, impacting approximately one in five employees.

Editorial Staff 16 days ago

Money Investment Funds

Volkswagen Plans Significant Job Reductions Amid Restructuring Efforts

In a major restructuring initiative, Volkswagen is set to eliminate up to 100,000 jobs following the sale of its marine engines division to Bain.

Editorial Staff 19 days ago

Tech AI

Cisco's Job Cuts Signal Shift Toward AI Investment as Stock Prices Surge

In a strategic move, Cisco has announced job cuts aimed at reallocating resources to artificial intelligence, resulting in a notable increase in its stock prices.

Editorial Staff 2 months ago

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