May 30 Goldman Sachs is expected to cut under 250 employees, anonymous sources told the Wall Street Journal, just over five ...
Because unemployment rates are historically low and there are more jobs than interested workers to fill them, some ...
Like many financial firms, JPMorgan periodically trims staff during the year, even as it hires thousands more workers to fill ...
The job cuts affected less than 2 percent of the health ... plans to go from five divisions to three in an effort to flatten management and become more efficient. The reorganization will result ...
Rolls-Royce Holdings Plc could cut thousands of jobs after the company hired consultants led by ... initiated a transformation program at the manufacturer, including some key management changes. As ...
A further worker said they expected to lose up to nine hours of work a week – that would be a pay cut ... one manager wrote: “Nobody asked the managers if we wanted to take the extra job ...
San Antonio-based USAA confirmed layoffs following the company's first loss in 100 years of business. Kin Man Hui, San ...
In preparation for the possible outcome, the lobby group has hired an unnamed City law firm to provide counsel to its board ...
Zuckerberg has said further cuts will come in only ... through a process of asking middle managers to become individual contributors, or risk losing their jobs in some cases.
JPMorgan Chase (JPM) trimmed about 500 jobs, mostly from its technology and operations group, this week as it periodically ...
The layoffs complete the bulk of the restructuring CEO Mark Zuckerberg announced in March to eliminate 10,000 positions.
BT will cut 55,000 jobs by the end of the decade, including replacing around 10,000 workers with artificial intelligence (AI) ...