Tag: job cuts
U.S. Job Market Shaken as October Layoffs Reach 20-Year Record
U.S. Layoffs Surge to 20-Year High in October as Companies Tighten Costs and Embrace AI
U.S. employers announced more than 150,000 job cuts in October,...
European Firms Slash Jobs as Economic Growth Slows
European Companies Announce Major Job Cuts Amid Economic Slowdown
Several European companies have announced job cuts or hiring freezes in 2025, citing a slowing economy...
Novo Nordisk Lays Off 9,000 Workers as Weight-Loss Drug Competition Heats...
Novo Nordisk Cuts 9,000 Jobs in Major Restructuring Amid Weight-Loss Drug Battle
Novo Nordisk, the pharmaceutical giant behind the blockbuster weight-loss drug Wegovy, announced on...
Nike Plans to Lay Off 1% of Corporate Workforce in Turnaround...
Nike is set to cut around 1% of its corporate workforce as part of its ongoing turnaround strategy under CEO Elliott Hill, according to...
