Nissan to cut 11,000 more jobs amid global losses
Nissan cuts 11,000 more jobs and shuts seven plants as global restructuring deepens amid sales decline and failed merger....
Tag : job cuts
Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demand
One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off thousands of employees due to a significant drop in orders. PouYuen Vietnam Co, a subsidiary...
Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs
As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory firms including Morgan Stanley, Bank of America, and Citigroup have resorted to job cuts. Specifically,...
There will be about 6,650 job cuts at Dell
Bloomberg News reported on Monday that Dell Technologies would eliminate about 6,650 jobs, or about 5% of its global workforce. This is as a result of the falling demand for personal computers. The company is...