Layoffs

August 05, 2019 - 7:46 pm
SAN JOSE, Calif. (AP) — California's largest operator of recycling redemption centers has shut down and laid off 750 employees. The Mercury News reports Monday that the company RePlanet has closed all 284 of its centers. RePlanet's president David Lawrence says the company stopped operating because...
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FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 9:33 am
DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
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July 31, 2019 - 6:44 am
RICHMOND, Va. (AP) — A blood-testing company filed for bankruptcy and says it's cutting jobs because Medicare payments have been withheld over allegations of fraud. The Richmond Times-Dispatch reports True Health Diagnostics LLC filed for Chapter 11 bankruptcy protection this week and notified...
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July 29, 2019 - 4:32 pm
NEW YORK (AP) — Uber is laying off 400 employees in marketing, about a quarter of the marketing team's global workforce of 1,200 people. The move, announced Monday, follows a leadership shake-up in June when CEO Dara Khosrowshahi combined the company's marketing, communications and policy teams...
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Nissan CEO Hiroto Saikawa speaks during a news conference at the global headquarters Thursday, July 25, 2019, in Yokohama, west of Tokyo. Nissan says it is slashing 12,500 jobs or about 9% of its global workforce in an effort to cut costs and achieve a turnaround, as its profits tumble. (AP Photo/Jae C. Hong)
July 25, 2019 - 5:07 am
TOKYO (AP) — Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. Nissan Motor Co. also said it will cut global production capacity by 10% and reduce model lineups by at least 10% by the...
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A man walks past the Deutsche Bank sign in London, Monday, July, 8, 2019. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022, saying it is going “back to our roots” with a radical restructuring plan meant to focus the company on traditional strengths.(AP Photo/Natasha Livingstone)
July 08, 2019 - 3:01 pm
BERLIN (AP) — The radical and painful restructuring of Germany's Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended. The bank plan unveiled Sunday aims to go "back to our roots" by...
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Dark clouds cover the sky over the headquarter of Deutsche Bank in Frankfurt, Germany, Sunday, July 7, 2019. The supervisory board of the bank meets on Sunday to decide about further strategies. (AP Photo/Michael Probst)
July 07, 2019 - 3:55 pm
FRANKFURT, Germany (AP) — Germany's struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders. The Frankfurt-headquartered bank said it...
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FILE - In this file photo dated Thursday, March 28, 2019, the Ford Motor company logo at the auto show in Denver, USA. Carmaker Ford said Thursday June 27, 2019, it is shedding 12,000 jobs in Europe as it streamlines operations in the region to increase profitability. (AP Photo/David Zalubowski)
June 27, 2019 - 8:14 am
FRANKFURT, Germany (AP) — Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job cuts are part of a broad restructuring at Ford that...
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In this Saturday June 15, 2019 photo customers leave an Apple store on the 3rd Street Promenade in Santa Monica, Calif. Apple has bought a struggling self-driving car startup as the iPhone maker continues to explore the potential market for robotic vehicles, despite recently curtailing its work on the technology. The Cupertino, Calif., company confirmed its acquisition of Drive.ai Wednesday, June 26, without disclosing the price. (AP Photo/Richard Vogel)
June 26, 2019 - 5:32 pm
CUPERTINO, Calif. (AP) — Apple has bought a struggling self-driving car startup as the iPhone maker continues to explore the potential market for robotic vehicles, despite recently curtailing its work on the technology. The Cupertino, California, company confirmed its acquisition of Drive.ai...
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FILE - In this June 4, 2019, file photo, Kelsey Rose Juliana, of Eugene, Ore, speaks at a rally for a group of young people who filed an environmental lawsuit against the U.S. government in Portland, Ore. Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach to lowering the greenhouse gas emissions behind global warming. (AP Photo/Steve Dipaola, File)
June 17, 2019 - 11:36 pm
SALEM, Ore. (AP) — Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach to lowering the greenhouse gas emissions behind global warming. The House approved the plan 36-24 Monday after nearly six hours of debate, with...
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