Meta layoffs in Singapore mark start of company’s 8,000-job cuts as AI shift accelerates Meta layoffs begin in Singapore as the company moves to cut 8,000 jobs globally, reassign 7,000 …
layoffs
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Business
Commerzbank employees protest UniCredit takeover ahead of AGM, warn of mass layoffs
by Leo Müllerby Leo MüllerUniCredit takeover of Commerzbank sparks protests in Wiesbaden as job-cut fears mount Wiesbaden protesters warn the UniCredit takeover of Commerzbank could trigger mass job cuts, after reports UniCredit did not …
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Technology
Oracle layoffs spark backlash over forfeited unvested RSUs and minimal severance
by Helga Moritzby Helga MoritzOracle layoffs: severance terms, forfeited RSUs and WARN Act disputes after March 31, 2026 cuts Oracle layoffs on March 31, 2026 sparked disputes over severance, forfeited RSUs and WARN Act …
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World
Iranian economy crippled as US blockade drives prices up and forces layoffs
by anna walterby anna walterIran economic crisis deepens as fragile ceasefire halts fighting but U.S. blockade chokes trade Fragile ceasefire paused US-Israeli strikes, but the Iran economic crisis is intensifying as a U.S. blockade …
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Business
ifo Institute warns German companies plan biggest layoffs since May 2020
by Leo Müllerby Leo MüllerJob cuts in Germany accelerate as ifo barometer falls to lowest since May 2020 Job cuts in Germany rise as the ifo employment barometer falls to 91.3 – the lowest …
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Business
Ritter Sport announces 70 layoffs amid soaring cocoa and energy costs
by Leo Müllerby Leo MüllerRitter Sport layoffs affect 70 jobs as cocoa and energy costs bite Ritter Sport layoffs will eliminate 70 jobs as soaring cocoa, energy and packaging costs pressure the century old …
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Business
Bosch announces largest-ever layoffs, €4.5bn restructuring bill and plant closures
by Leo Müllerby Leo MüllerBosch layoffs mark largest restructuring in company history, affecting nearly 28,000 workers Bosch layoffs hit nearly 28,000 employees as the engineering group records €4.5bn in redundancy costs and faces protests …