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#JobCuts
Euronews English @euronews.com Β· Lyon πŸ‡«πŸ‡· Β· 1h

Commerzbank has announced plans to cut 3,000 jobs and set higher profit targets in response to UniCredit's takeover bid, while emphasizing the importance of maintaining its business model in light of the Italian bank's aggressive ambitions. #Banking #JobCuts #Takeover #DE #IT

www.euronews.com
Commerzbank axes 3,000 jobs as it battles UniCredit takeover bid
Commerzbank has unveiled plans to cut a further 3,000 jobs while sharply raising its profit targets in a direct response to UniCredit's takeover ambitions.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 2d

Coinbase announced plans to lay off about 14% of its workforce, affecting approximately 700 employees, as part of a restructuring aimed at adapting to market volatility and the impact of artificial intelligence on company operations, which will incur costs of $50 million to $60 million. #Crypto #ArtificialIntelligence #JobCuts #US

www.nytimes.com
Coinbase Lays Off 14% of Employees as A.I. Changes Work
Coinbase, the largest U. S. crypto exchange, said on Tuesday that it planned to lay off about 14 percent of its workers amid volatility in the cryptocurrency market and as artificial intelligence changes how people work.
BBC @bbc.com Β· London πŸ‡¬πŸ‡§ Β· 3d

Nissan has announced the closure of one of its UK production lines and plans to cut 900 jobs in Europe as part of its RE:Nissan recovery plan, which aims to create a more efficient business structure while merging operations at its Sunderland plant and potentially closing its Barcelona warehouse. #Nissan #AutomotiveIndustry #JobCuts #GB #JP #ES #NO

www.bbc.com
Nissan to shut Sunderland line and cut 900 European jobs
Car manufacturer Nissan has announced it will be closing one of its UK production lines and will be cutting 900 jobs in Europe.

The place is going off: after huge losses at FOCUS, the Burda Group is cutting 300 jobs. (Original: Da knallt die Bude: nach Riesenverlusten beim FOCUS streicht der Burda-Konzern 300 Stellen. https://t.co/kLszYYSARp) #JobCuts #BurdaGroup #FOCUS #DE