Airbus, headquartered in the netherlands, is planning to cut up to 2,500 jobs within its defence and space division. This represents approximately 7% of its workforce in this sector.

Airbus Implements Job Cuts Following Losses in Satellite Business

Europe faces a reality check as its weak auto market is set to face more closures. Volkswagen is the latest to threaten job cuts in Germany and warn it may shutter factories there for the first time.

Europe's anemic auto market is set to face more closures

Appliance manufacturer Whirlpool is facing a tough market. The company announced plans to cut 1,000 salaried positions worldwide in a bid to reduce costs.

Whirlpool cuts back on promotions despite analyst estimates

Tata Steel may cut thousands of jobs in Wales: Report

Amazon music division faces job cuts. Here are the details

Indian edtech firm Byju's announces major restructuring, plans to cut thousands of jobs 

Swiss banking giant UBS has set its course on a significant overhaul, announcing the elimination of 3,000 jobs as part of a sweeping cost-cutting strategy. The decision comes as UBS grapples with the integration of credit Suisse, which witnessed a substantial withdrawal of funds as concerned customers sought to secure their investments.

UBS plans 3,000 job cuts after Credit Suisse merger

UBS plans to sack 'more than half' or 35,000 Credit Suisse staff: Report

Byju's, an Indian edtech powerhouse, is preparing to lay off about 1000 employees due to ongoing issues with foreign lenders. The newest reports of layoffs come at a time when the edtech company is looking for a new infusion of funding while resolving disputes with creditors. Media sources indicate that the layoffs may mostly affect the contractual staff who work in the sales and marketing teams.

India: Byju's to cut jobs, sales and marketing teams to face the heat

'Pure speculation': British engine maker Rolls Royce denies reports of job cuts

BT looks to cut 55,000 jobs by 2030 as Artificial Intelligence arrives

Shopify's slim-down strategy: Cutting costs, selling logistics arm to bulk up e-commerce profits

Shopify is selling off its logistics business to flexport. This strategic decision means that the company will shrink by over 2,000 people.

Shopify cuts jobs for the second time in 10 months

The mass layoffs continue at Facebook's parent company Meta. Media reports on Wednesday said that the tech giant has cut nearly 4000, including engineering and tech jobs this time. Prompting meta employees to express their frustration on the ongoing uncertainty regarding their jobs.

Another round of layoffs at Meta

Walt Disney begins to fire 7,000 staff

Twitter job cut: Latest mass layoff sees 200 employees fired, says report

The report in the U.S. technology focused publication early on Sunday, citing people with direct knowledge of the matter, said that the job cuts affected multiple engineering teams, including those supporting advertising technology, the primary Twitter app, as well as technical infrastructure to keep Twitter's systems up and running.

Twitter's relentless job cuts, engineering and advertising team to be impacted

KPMG becomes the first Big Four consulting firm to cut jobs, fires 700 employees in US

Goldman Sachs CEO David Solomon unveils plan to cut jobs from January in his year-end message to staff

Goldman Sachs may cut up to eight per cent of staff in 2023: Reports

The Walt Disney Company is planning to freeze hiring and to cut some jobs. This comes as the company strives to move the Disney plus streaming service to profitability against a backdrop of economic uncertainty.

Disney moves to cut jobs to pull Disney+ to profitability

To counter high debt, the UK needs to cut 200,000 jobs over the next couple of years. UK's economy is in danger of adding billions to national debt as a result of economic slowdown.

UK's spiralling national debt: Jobs cut to avoid adding billions to national debt

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

Renault to lay-off 15,000 people globally | COVID-19 crisis

Investors in India's equity markets have a reason to cheer today. The benchmark indices scaled new peaks. But the economy is sputtering. Palki Sharma summarises the state of the Indian economy with five key indicators.

Gravitas: Summarising the state of the Indian economy

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