Layoffs

Democratic presidential candidate South Bend, Ind., Mayor Pete Buttigieg waits backstage as he is introduced to speak at the Iowa Farmers Union Presidential Forum, Friday, Dec. 6, 2019, in Grinnell, Iowa. (AP Photo/Charlie Neibergall)
December 14, 2019 - 11:48 am
DES MOINES, Iowa (AP) — Kim Motl doesn’t work in the health insurance industry. But her friends and neighbors do. So when she saw Sen. Elizabeth Warren recently in Fort Dodge, Iowa, Motl pressed the Democratic presidential candidate about her “Medicare for All” plan, which would replace private...
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November 29, 2019 - 6:50 am
BERLIN (AP) — German automaker Daimler said Friday that it plans to cut thousands of jobs worldwide by the end of 2022. It plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs. The company had said Nov. 14 that it plans to slash costs by 1.4...
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November 21, 2019 - 9:31 am
NEW YORK (AP) — WeWork is slashing nearly 20% of its workforce in the wake of its failed stock market debut. The shared office space company said it has laid off 2,400 of its approximately 12,500 employees to “create a more efficient organization.” WeWork said the job cuts began weeks ago in...
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Members of the South African Cabin Crew Association and the National Union of Metalworkers of South Africa members picket at the SAA Airways Park in Kempton Park, South Africa, Friday, Nov. 15, 2019. South Africa's troubled state-owned airline has begun canceling flights after two unions announced their workers would go on strike to protest nearly 1,000 expected job cuts. (AP Photo/Themba Hadebe)
November 15, 2019 - 5:43 am
JOHANNESBURG (AP) — Workers began striking Friday at South Africa’s troubled state-owned airline over nearly 1,000 expected job cuts, with flights now canceled until at least Tuesday. South African Airways, Africa’s second-largest carrier, has warned that the strike “endangers the future of the...
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November 08, 2019 - 3:41 pm
NEW YORK (AP) — WeWork says it will divest from several side business and job cuts across several units as part of a 90-day plan to turn around its business following its botched attempt to sell stock on Wall Street. The office-sharing company revealed the plans Friday in a presentation that was...
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Italian Prime Minister Giuseppe Conte attends a press conference at the end of a Cabinet Minister meeting in Rome, Wednesday, Nov. 6, 2019. Worried about big job losses, Italy’s government met Wednesday with Indian steel baron Lakshmi Mittal and other company executives to try and convince ArcelorMittal, the world's largest steelmaker, not to pull out of a deal to acquire the steel plant in southern Italy. (Giuseppe Lami/ANSA Via AP)
November 07, 2019 - 8:47 am
ROME (AP) — Italy has given steel maker ArcelorMittal a few days to agree to a plan to keep operating a major southern Italian steel plant, where the company says legal challenges and a "climate of hostility" will hinder its business plans. Political pressure was building Thursday both within Italy...
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FILE - In this Nov. 27, 2018, file photo a banner depicting the Chevrolet Cruze model vehicle is displayed at the General Motors' Lordstown plant in Lordstown, Ohio. An economic renaissance in the industrial Midwest promised by President Donald Trump has suffered in recent weeks in ways that could be problematic for Trump's 2020 re-election. (AP Photo/John Minchillo, File)
October 30, 2019 - 12:38 am
TOLEDO, Ohio (AP) — President Donald Trump once promised that coal and steel would be the beating heart of a revived U.S. economy — a nostalgic vision that helped carry him to victory three years ago in the industrial Midwest. But a year away from Election Day, that promised renaissance is not...
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FILE - This July 30, 2007 file photo shows an HSBC sign at a branch in London. British labor union Unite has expressed dismay over reports that the bank HSBC will slash 10,000 jobs worldwide. HSBC declined to comment Monday Oct. 7, 2019 on a Financial Times report that interim chief Noel Quinn plans to seek immediate saving across the group. (AP Photo/Kirsty Wigglesworth, file)
October 07, 2019 - 7:06 am
LONDON (AP) — British labor union Unite has expressed dismay over reports that the bank HSBC will slash 10,000 jobs worldwide. HSBC declined to comment Monday on a Financial Times report that interim chief Noel Quinn plans to seek immediate saving across the group. The newspaper described the cuts...
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October 03, 2019 - 5:43 pm
SAN FRANCISCO (AP) — HP Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations — one that envisions cutting its workforce by as much as 16% over the next three years. The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its global...
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FILE - In this Saturday, Feb. 27, 2016 file photo, Mo'ne Davis, 14, of Philadelphia, signs an autograph for a fan on the cover of Sports Illustrated magazine at PNC Field in Moosic, Pa. Little-known media company Maven, Sports Illustrated’s new manager, says the sports magazine is cutting more than 40 jobs out of a staff of 150. Maven spokesman Greg Witter says it will add 200 contractors to cover college and professional sports teams for Sports Illustrated. Maven struck a licensing deal to operate Sports Illustrated with the magazine’s new owner, branding company Authentic Brands Group, in June. (Butch Comegys/The Times-Tribune via AP, File)
October 03, 2019 - 4:09 pm
NEW YORK (AP) — Sports Illustrated’s new manager said Thursday that the 65-year-old sports magazine is cutting more than 40 jobs out of a staff of 150. Maven, the company now managing the magazine, will add 200 contractors to cover college and professional sports teams, said Maven spokesman Greg...
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