A MAJOR UK car dealership is closing 16 sites and cutting hundreds of jobs. The blow to CarStore sites, previously owned by Pendragon, comes just months after the company was taken over by US firm
Alphabet's Google trimmed an unspecified number of employees from its workforce, a move it stated is part of a wider restructuring intended to simplify operations and increase efficiency.
The restructuring plans were due to reduced demand, not external factors like the labour market situation, the company said.
The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. Google laid off an unspecified number of workers, though the cuts were not company-wide. The company classified them as a reorganization that was part of the normal course of business. Affected employees will be able to apply for internal roles. Google did not confirm or deny a report from Business Insider that teams in...
Bitcoin has continued to struggle recently, and its price even briefly fell below $60,000. Here’s what the whales are doing while the market panics. How The Bitcoin Whales Are Behaving At The Moment In a new post on X, the market intelligence platform IntoTheBlock revealed how the Bitcoin whales have been behaving recently, given the […]
SALEM, Ore. — The Salem-Keizer school board and administration are preparing for $71 million in cuts in next
Toshiba Corp is considering cutting thousands of workers in Japan as part of efforts to reduce costs and improve business efficiency, sources familiar with the matter said Wednesday. The job cuts, mainly targeting the company's back-office departments, are expected to be included in its business strategy due to be announced
The budget also includes millions for Canada's film and music industry and
Southwest Airlines will be cutting jobs and ceasing operations at four airports while reducing flights from others to cut costs amid Boeing's ongoing complications.
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.
“The Connecticut delegation has questions about why, with that [FY24] appropriation in hand, this happened,” said Rep. Joe Courtney, D-Conn.
The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain economic climate in which investors are unsure if the Federal Reserve will cut interest rates later this year, Reuters reported Tuesday (April 16). Citigroup made the biggest reduction, eliminating some 2,000 jobs during the […]