#job-cuts

#job-cuts

Goldman Sachs has appointed former prime minister Rishi Sunak as a senior adviser, a role that marks his return to the firm after 21 years.

Daimler Truck announced plans to cut approximately 5,000 jobs in Germany by 2030 as part of its 'Cost Down Europe' program aimed at improving profitability and market resilience.

We plan to raise production effectiveness by 30% by 2030. It will help produce major volumes under the arms procurement order that will exceed the high figures of last year.

The city's supervisors worked late to finalize the budget, with significant layoffs anticipated, which raised concerns among workers and led to protests.

Around 100 redundancies will be at its international headquarters in Dublin. It means around 7pc of the company's 1,500 staff in the capital will be impacted.

The affected employees are part of its store support centres, as Lululemon evolves its organizational structure to operate with more agility and further invest in growth.

We want to make sure [people] get sent out with the best possible supports in place, so we manage that—setting people up with home health. This role is critical; without social workers, patient transitions could falter, impacting recovery positively.

This was a difficult decision. We recognize the near-term impact it will have on our employees, their families and the Syracuse community, and we are dedicated to taking care of our people during this transition.

The CBI reported the sharpest decline in retailer sentiment in the last five years, with employment expected to drop significantly next month.

"It was my dream job... I was doing the science that informs regulation." - Lisa Neyman reflects on her passion for marine science and conservation.

"I will deliver to him the CGT proposals to nationalise the group's French operations," she told the protesting workers.

Panasonic plans to cut 10,000 jobs this financial year, as part of efforts to enhance operational efficiency and evaluate required workforce globally.