Job Loss
- Europe
Ford to cut thousands of jobs in Europe blaming poor EV sales
The job cuts, which will account for around 14% of the company’s total European workforce, are expected to happen by…
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Deutsche Bank fires more than 100 bankers in attempt to slash costs
Deutsche Bank announced that more than a hundred posts will be axed among its senior private wealth and retail bankers…
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Thousands of job cuts on the way across struggling sectors in Europe
The latest redundancy plans come from German car parts maker Schaeffler and French grocery chain Auchan. ADVERTISEMENT Thousands of job…
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Which sectors in Europe are most threatened by automation?
Eighty-three million positions might be at risk by 2027, with jobs in accommodation, wholesale and arts potentially severely impacted. ADVERTISEMENT…
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Italian bank plans huge job cuts as it looks to AI and digitalisation
Intesa Sanpaolo is to cut thousands of jobs and focus on a more resilient business model including more use of…
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Airbus to cut up to 2,500 jobs in defence and space unit
The European firm is suffering from disrupted supply chains, rapid changes in warfare, and increasing budget constraints. ADVERTISEMENT Airbus plans…
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Why are companies firing Gen Z employees soon after hiring them?
A recent report found that companies were dissatisfied with their Generation Z (Gen Z) new hires and may avoid hiring…
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Denmark’s DSV raises €5bn in share sale to fund Schenker acquisition
The Danish logistics company is raising funds to buy Schenker, the logistics unit of German state railway Deutsche Bahn. ADVERTISEMENT…
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Europe’s biggest paintmaker AkzoNobel set to cut 2,000 jobs
The Amsterdam-based firm, known for brands such as Dulux, is on a cost-cutting drive to ‘accelerate profitable growth’. ADVERTISEMENT Dutch…
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Recently Laid Off? Here Are 4 Ways You Can Rebuild Your Confidence
Many workers plunge into a deep depression from being laid off which destroys their self-confidence … [+] and self-esteem. getty…
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