Layoffs

Nike layoffs reach its European headquarters in the Netherlands
Nike layoffs reach its European headquarters in the Netherlands
NIKE has cut staff in its European headquarters as part of a multiyear cost-cutting plan at the world’s largest sportswear company, according to sources familiar with the matter.The Nike...
Nike layoffs hit its secret sneaker archive department
Nike layoffs hit its secret sneaker archive department
NIKE has cut some staff from its secret sneaker archives as part of a multiyear cost-cutting plan, according to people familiar with the matter. The division, known as the Department...
TikTok said to plan job cuts amid a wave of tech industry layoffs
TikTok is expected to make cuts to its global staff, in another blow for the popular social video app as it faces the threat of a new law that...
Honda moves to cut China workforce with voluntary layoffs
Honda moves to cut China workforce with voluntary layoffs
HONDA Motor is scaling down its full-time production workforce in China, with roughly 1,700 employees having agreed to leave thus far, the Japanese automaker said on Wednesday (May 15),...
Five waves of UBS layoffs to start in June: report
Five waves of UBS layoffs to start in June: report
LAYOFFS under Swiss banking giant UBS’s cost-cutting programme announced after its takeover of Credit Suisse will take place in five waves this year starting in June, newspaper SonntagsZeitung reported...
Global wave of consultancy layoffs has not hit Singapore
Global wave of consultancy layoffs has not hit Singapore
LAYOFFS have swept through global consultancy and professional services companies, but the wave has spared Singapore so far, with big players in the Republic noting continued demand for their...
Global wave of consultancy layoffs has not hit Singapore
Global wave of consultancy layoffs has not hit Singapore
LAYOFFS have swept through global consultancy and professional services companies, but the wave has spared Singapore so far, with big players in the Republic noting continued demand for their...
UBS plans next round of layoffs in Credit Suisse integration
UBS plans next round of layoffs in Credit Suisse integration
UBS Group is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse, according to sources with knowledge of the...
BASF starts layoff process at Finland site after permit problems
BASF starts layoff process at Finland site after permit problems
GERMANY’S BASF said on Thursday (Apr 11) that it has begun the layoff process at its Harjavalta site in Finland after facing permitting issues from the relevant authorities. The so-called...
McKinsey begins hundreds of job cuts with client demand muted: sources
McKinsey begins hundreds of job cuts with client demand muted: sources
MCKINSEY & Co is beginning to eliminate roughly 360 jobs as the consulting giant deals with a slowdown in demand for its services.The reductions are global and will affect...