Intel Plans To Cut Thousands Of Jobs To Finance Recovery, Bloomberg News Reports

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Tue, 07/30/2024 - 2:33pm

Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports

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Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
11/7/2024 - 6:24 am | View Link
Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
In a news release early Thursday morning ... In order to achieve this goal, Nissan said it will cut global production capacity by 20% and its global workforce by 9,000. "The company is implementing ...
11/6/2024 - 10:02 pm | View Link
Albemarle to Cut Jobs as Lithium Market Struggles in Downturn
Albemarle Corp. plans to cut its global workforce by 6%-7% as part of efforts to reduce costs as lithium prices slump and demand slows.
11/6/2024 - 9:43 am | View Link
Another jumbo Fed cut is coming by year-end with the US labor market weaker than many think, Citi economist says
"We see this weakening labor market dynamic across a number of different data points: low hiring rate, low quit rates, new hours worked coming down." ...
11/4/2024 - 2:59 am | View Link
Santander Cutting 1,425 Jobs in UK on Automation Push, CEO Says
Banco Santander SA is cutting 1,425 jobs in the UK this year as the banking giant pushes ahead with plans to simplify and automatize processes, Chief Executive Officer Hector Grisi said.
10/29/2024 - 4:11 am | View Link
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