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Job Cuts

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BusinessEconomyTechnologyWorld

LG Plans to Cut About 10% of Workforce by Mid-2027

LG Electronics plans to reduce its global workforce by about 10% by mid-2027 as the South Korean technology company seeks to lower costs...

BusinessEconomy

Mergermarket Owner Cuts Jobs as Pressure Builds on Ion Group

The owner of Mergermarket is cutting jobs as part of a wider cost-reduction drive, adding to pressure on Italian billionaire Andrea Pignataro’s financial...

BusinessTechnology

IG Metall Presses Volkswagen to Honour 2024 Wage Deal

Germany’s IG Metall union is demanding a clear commitment from Volkswagen that it will uphold a major wage and employment agreement reached in...

BusinessTechnologyWorld

Jaguar Land Rover Plans Up to 4,000 Job Cuts as Profits Collapse

By Benson Daniel Jaguar Land Rover is set to cut thousands of jobs as the British luxury carmaker steps up efforts to reduce...

BusinessTechnologyWorld

Samsung Cuts US Jobs, Offers Employee Relocations Ahead of Headquarters Move

Samsung has begun cutting jobs in the United States while offering relocation packages to some employees as part of preparations for the company's...