German chipmaker Infineon is implementing a significant restructuring plan, announcing cuts of 1,400 jobs globally and relocating another 1,400 positions to countries with lower labor costs. This move is part of a previously announced cost-savings …
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Unilever to Cut One-Third of Office Jobs in Europe by 2025
Unilever, the consumer goods giant, announced plans to cut a third of its office roles in Europe by the end of 2025. The move is part of a larger cost-saving program aimed at boosting the …
Continue readingCNN Undergoes Major Restructuring, Cuts 100 Jobs to Focus on Digital Future
CNN is cutting around 100 jobs as part of a plan to restructure its operations and strengthen its digital business. The move, outlined in an internal memo, reflects a growing trend across media companies as …
Continue readingBurberry to Cut Hundreds of Jobs Amidst Stock Market Slump
British fashion house Burberry Group Plc is facing another round of job cuts, this time potentially affecting hundreds of employees, mainly in the UK. The news comes following a sharp decline in the company’s stock …
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