Dutch tech giant ASML posts bumper profits, cuts jobs
The Hague (AFP) - Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a significant gain ...
Monday, July 6, 2026
Tag: job cuts
Telefonica to shed around 5,500 jobs in Spain
Madrid (AFP) - Telefonica will cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade ...
Insurance giant Allianz signals job cuts in AI shift
Frankfurt (Germany) (AFP) - German insurance giant Allianz signalled Wednesday looming job cuts due to its adoption of artificial intelligence ...
Nissan says expects $1.8 bn operational loss in 2025-26
Paris (AFP) - Struggling Japanese carmaker Nissan said it expected to suffer an operating loss of 275 billion ($1. 8 ...
Amazon cuts staff by 14,000
San Francisco (United States) (AFP) - US online retail and cloud computing giant Amazon said Tuesday that it is reducing ...
Meta to cut 600 jobs in artificial intelligence: reports
New York (AFP) - Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended ...
Nestle says to cut 16,000 jobs worldwide over next two years
Zurich (AFP) - Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, will eliminate 16,000 jobs ...
Danish wind giant Orsted to cut workforce by a quarter
Copenhagen (AFP) - Danish offshore wind energy giant Orsted announced Thursday plans to cut 2,000 jobs, or a quarter of ...
Germany’s Lufthansa to slash 4,000 jobs as headwinds mount
Frankfurt (Germany) (AFP) - Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of the German airline giant's ...
Germany’s Lufthansa to slash 4,000 jobs by 2030
Frankfurt (Germany) (AFP) - German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its ...
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