Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10 percent and predicted the trend will get worse throughout its current ...
Midland, MI, Apr. 30--Moving forward with a long-term cost reduction plan, Dow Chemical Co. said Thursday it would cut 3,000 jobs globally this year. The announcement came as the company posted a ...
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed the layoffs and relocations in a memo ...
BERLIN, Nov. 8 (Xinhua) -- Due to the transition towards electric mobility, Schaeffler will cut a total of 1,300 jobs worldwide by 2026, the German automotive and industrial supplier said on Tuesday.
Tesla continues to cut jobs globally amid financial struggles, while Waymo faces a federal probe over its autonomous vehicle safety practices. Tesla, the electric vehicle (EV) giant, is undergoing ...
, opens new tab announced on Tuesday that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. and Canada-based remote workforce to three offices, a ...
(RTTNews) - Telstra Corp. Ltd. (TLSYY.PK, TLS.AX, TLS) announced plans to streamline its operations and cut costs, aiming to reduce its direct workforce by up to 2,800 jobs by the end of this year.
Microsoft is to begin another round of job cuts, with most falling on its Azure cloud unit and mixed reality division. The cuts are likely to affect more than 1,000 employees, according to a ...
Walmart Inc. plans to lay off hundreds of corporate workers and is asking others to relocate to new cities, the Wall Street Journal reported Monday night. According to the Journal, which cited ...
Tylenol maker Kenvue has said that Johnson & Johnson will sell its remaining 9.5% stake in the company, about a year after the healthcare conglomerate spun off and listed its consumer health business.
June 7 (Reuters) - A U.S. job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve will begin easing policy this year, putting the focus ...