layoffs
layoffs Articles
Ford has been facing a lot of pressure recently, especially considering its stock is down about 33% in the past 52 weeks. As a result, the U.S. automaker is looking to trim the fat where it can, and...
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Ford has announced plans to close some European plants and concentrate its business on the continent on commercial vehicles, passenger cars and imports.
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Selecta Biosciences shares pushed higher on Friday after the company provided an update on its new streamlined structure under its new president and CEO.
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The global auto business is in a decline for the first time in four or five years, and Jaguar Land Rover is about to cut thousands of jobs.
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An important Chinese executive was arrested in Canada and faces extradition to the United States, Facebook CEO Mark Zuckerberg is involved in another scandal, and other important business headlines...
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One of Ohio's largest banks, Nationwide, has announced that it is firing 1,100 workers across the country. The first 430 were notified Tuesday.
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Snap is being investigated, Toys "R" Us has a new Chapter 11 payment plan, Starbucks will cut some corporate workers, and other important business headlines.
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Tesla names new board chair, Samsung unveils foldable smartphone, Ford buys electric scooter startup, and other important business headlines.
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GM managed to prove that major car and auto manufacturers can still deliver on strong earnings. That said, there is a persistent and unfortunate theme that "peak auto" has already been seen in the...
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Nokia will make large layoffs as it changes its business strategy, Fox News to start a new streaming service, and other important business headlines.
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A Sears liquidation would cost as many as 130,000 jobs, which is about what the U.S. economy added in September.
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The Detroit Free Press broke the story that Ford's CEO wants a more "efficient" workforce and one in which the company's management structure is "flattened."
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Layoffs are usually a result of manufacturing efficiency, at least at companies that are not experiencing increases in sales. Ford CEO Hackett can do the math. Unless he cuts large numbers of people,...
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The decision to reorganize the coffee company will come with large layoffs. The CEO and president, Kevin Johnson, will not be among those who will depart.
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The founders of Instagram leave the company, Novartis to cut hundreds of jobs, crude oil prices jump above $80 a barrel, and other important business headlines.
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