Layoffs

FILE - In this Sept. 18, 2019, file photo people stand in line to inquire about jobs available at the Bean Automotive Group during a job fair designed for people fifty years or older in Miami. On Wednesday, Dec. 4, payroll processor ADP reports on how many jobs its survey estimates U.S. companies added in November. (AP Photo/Lynne Sladky, File)
December 04, 2019 - 9:55 am
WASHINGTON (AP) — U.S. companies added just 67,000 jobs in November, a private survey found, barely half the gain of the previous month. Payroll processor ADP said that manufacturers, construction firms and mining companies cut 18,000 jobs combined. Companies with fewer than 20 employees also...
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December 03, 2019 - 9:40 am
MILAN (AP) — Italian bank UniCredit on Tuesday announced 8,000 job cuts under a three-year plan that aims to significantly increase shareholder value. The bank, Italy’s largest by assets, said that its net profit will grow to 5 billion euros ($5.5 billion) by 2023, from a forecast 4.7 billion euros...
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November 29, 2019 - 9:50 am
BERLIN (AP) — German automaker Daimler said Friday that it plans to cut thousands of jobs worldwide by the end of 2022. It plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs. The company had said Nov. 14 that it plans to slash costs by 1.4...
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FILE- In this March 24, 2018, file photo, part of the assembly line at German car producer Audi plant in Ingolstadt, Germany. The Ingolstadt-based automaker said Tuesday Nov. 26, 2019, that it expected to add 2,000 new positions while Volkswagen subsidiary Audi says it is cutting 9,500 jobs in Germany through 2025.(AP Photo/Matthias Schrader, File)
November 26, 2019 - 8:25 am
BERLIN (AP) — Volkswagen subsidiary Audi says it’s cutting 9,500 jobs in Germany through 2025 as part of a transformation plan to make the company “lean and sustainable.” The Ingolstadt-based automaker said Tuesday that at the same time, it expects to add 2,000 new positions for a net job loss of 7...
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FILE - This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. WeWork is slashing nearly 20% of its work force in the wake of its failed stock market debut. The shared-office company said it has laid off 2,400 of its approximately 12,500 employees to “create a more efficient organization.” (AP Photo/Mary Altaffer, File)
November 21, 2019 - 2:54 pm
NEW YORK (AP) — WeWork is slashing nearly 20% of its workforce, embarking on a painful restructuring of its money-losing operation that doomed its stock market debut and left the office-sharing company on the brink of bankruptcy. WeWork said it has laid off 2,400 of its approximately 12,500...
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FILE - In this Aug. 5, 2019, file photo, sections of a USA Today newspaper rest together in Norwood, Mass. GateHouse Media has closed on its takeover of Gannett, bringing about 260 daily papers together to become the country’s largest newspaper company by far. (AP Photo/Steven Senne, File)
November 19, 2019 - 5:25 pm
NEW YORK (AP) — GateHouse closed its $1.1 billion takeover of USA Today publisher Gannett, becoming the country’s largest newspaper company by far and pledging significant cost cuts at a time when print publications are in precipitous decline. The merger brings together about 260 daily papers,...
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Members of the South African Cabin Crew Association and the National Union of Metalworkers of South Africa members picket at the SAA Airways Park in Kempton Park, South Africa, Friday, Nov. 15, 2019. South Africa's troubled state-owned airline has begun canceling flights after two unions announced their workers would go on strike to protest nearly 1,000 expected job cuts. (AP Photo/Themba Hadebe)
November 15, 2019 - 8:43 am
JOHANNESBURG (AP) — Workers began striking Friday at South Africa’s troubled state-owned airline over nearly 1,000 expected job cuts, with flights now canceled until at least Tuesday. South African Airways, Africa’s second-largest carrier, has warned that the strike “endangers the future of the...
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FILE - This July 30, 2007 file photo shows an HSBC sign at a branch in London. British labor union Unite has expressed dismay over reports that the bank HSBC will slash 10,000 jobs worldwide. HSBC declined to comment Monday Oct. 7, 2019 on a Financial Times report that interim chief Noel Quinn plans to seek immediate saving across the group. (AP Photo/Kirsty Wigglesworth, file)
October 07, 2019 - 8:48 am
LONDON (AP) — British labor union Unite has expressed dismay over reports that the bank HSBC will slash 10,000 jobs worldwide. HSBC declined to comment Monday on a Financial Times report that interim chief Noel Quinn plans to seek immediate saving across the group. The newspaper described the cuts...
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October 03, 2019 - 8:43 pm
SAN FRANCISCO (AP) — HP Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations — one that envisions cutting its workforce by as much as 16% over the next three years. The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its global...
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October 02, 2019 - 1:21 pm
MOUNT HOLLY, N.C. (AP) — A truck assembly company has announced it will lay off 900 employees between two North Carolina Freightliner plants in the coming weeks. Daimler Trucks North America, the parent company of Freightliner, confirmed Tuesday that about 450 employees would lose their jobs at the...
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