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DUTCH WORKFORCE
ASML layoffs: the king of advanced chip-making machines cuts 1,700 jobs in major shake-up—but is China ready to lure them all and forge its own ASML empire?ASML layoffs hit global headlines after the chip giant confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand. The ...
India seeks Dutch knowhow in semiconductor pushIndia is actively seeking semiconductor investments from Dutch firms. New Delhi is offering substantial subsidies to attract chip manufactu...
List of European companies which cut jobs in response to slowing economySeveral European firms are reducing their workforce. Companies in the automotive, banking, energy, and consumer goods sectors are announcin...
Orange way - the real Dutch secret: A four-day week that boosts happiness without ruining economic growthNetherlands four-day workweek: The Netherlands has embraced a four-day workweek. Dutch workers average 32.1 hours weekly, the EU's shortest...
Tata Steel shares rally 6% on Dutch job cuts, brokerages see up to 33% upsideTata Steel shares surged 6% after announcing plans to cut 1,600 jobs in the Netherlands as part of a major cost-reduction drive targeting €...
Tata Steel to cut around 20% of Dutch workforceThe Dutch division reported a loss of 556 million euros ($613.05 million) in the year through March 31, 2024, as it was hit by high energy ...
Philips to lay off 6,000 employees in drive to improve profitabilityThe new reorganisation comes on top of a plan announced last October to layoff 4,000 employees
Dutch Rabobank to cut 5,000 jobs in next five yearsSpeaking of a "difficult environment", the Utrecht-based cooperative bank said that "ongoing improvements... (are) expected to result in an...
Netherlands lender Rabobank is set to close half its branches to cut costs, local reports sayRabobank, best known internationally as an agriculture lender, did not immediately respond for a request for comment. In 2016, the company ...
Royal Dutch Shell plans to cut 9,000 jobs in transition planShell, which had 83,000 employees at the end of 2019, said that the reorganisation will lead to annual savings of $2 billion to $2.5 billio...
Dutch airline KLM says to shed up to 5,000 jobs due to coronavirus-induced crisisThe carrier, part of the Air France KLM group, said the cuts through the end of 2021 were necessary as it had made huge losses despite a 3....
Tension over Air France-KLM CEO woes"The possibility of an unexplainable, involuntary departure of our CEO brings a lot of tension in the workforce," said a group of managers.
Dutch retailer SPAR to expand in India; to double workforceDutch food retail chain SPAR is planning to scale up operations in India and operate 25 hypermarket stores by 2017 end, doubling its workfo...
MNCs announce 71,000 job cuts globally by more than a dozen multinationalsCompanies to have confirmed massive job cuts include HP, Nokia, Sony Corp, Yahoo, PepsiCo, Royal Bank of Scotland and airline firm Lufthans...
- ING to cut 7,000 jobs, expects net FY '08 loss at euro 1 bn
Dutch financial services major ING on Monday said it would slash as many as 7,000 employees globally as part of its cost-cutting exercise, ...
- Dutch arm of Tata steel to furlough 4,600 workers
The Netherlands arm of India's Tata Steel said on Tuesday it has requested government support to furlough 4,600 people, around half of its ...
- Philips to lay off 1,600 workers: spokesman
Dutch electronics giant Philips will cut "about five percent" of its 32,000 strong workforce in the medical division worldwide, affecting 1...