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Job Cut

Nike to cut 1,400 jobs in global restructuring push

US sportswear giant Nike has announced it will eliminate about 1,400 jobs worldwide as part of broader changes within its Global Operations team, with the majority of the reductions affecting roles in the technology division.

24 Apr 2026-11:02
Snap shares surge on major AI-driven layoffs

15 Apr 2026-15:51
CBS News to cut 6% staff, close radio division

CBS News is set to reduce its workforce by 6% and shut down its long-running radio operation after nearly a century.

20 Mar 2026-21:16
Volkswagen to slash 50,000 jobs amid profit slump

German automaker Volkswagen plans to cut 50,000 jobs by 2030 after reporting a 54% drop in pre-tax profits.

10 Mar 2026-22:17
Oracle weighs wide job cuts amid $50B AI expansion plan

Oracle Corp. is planning to cut thousands of jobs as part of efforts to manage a cash crunch caused by its massive investment in artificial intelligence data centers.

06 Mar 2026-13:15
Aston Martin set to slash workforce amid tariff hit

Aston Martin Lagonda on Wednesday announced plans to cut up to 20% of its workforce as it reported widening annual losses, citing the impact of US tariffs and weak demand in China.

25 Feb 2026-15:18
Heineken to cut up to 6,000 jobs amid market slump

Struggling Dutch brewer Heineken announced on Wednesday that it plans to cut between 5,000 and 6,000 jobs over the next two years as it confronts what it described as “challenging market conditions,” with beer volumes declining compared to the previous year.

11 Feb 2026-12:17
Oracle eyes up to 30,000 job cuts amid AI push

Tech major Oracle is planning to cut as many as 30,000 jobs as part of efforts to fund its expansion into artificial intelligence data centers, according to a new report.

02 Feb 2026-11:38
Meta plans 10% job cuts in Reality Labs division

Meta is planning to reduce roughly 10 percent of the workforce in its Reality Labs division, which develops products including the metaverse, sources familiar with the discussions said.

14 Jan 2026-17:29
Gold pauses after five-day rally ahead of US jobs data

Gold (GC=F) eased after a five-day rally, as investors awaited a series of US economic data this week that could indicate the Federal Reserve’s stance on further interest-rate cuts.

16 Dec 2025-13:26

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