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JOB CUTS RETAIL DIVISION
Amazon India layoffs: Pink slips handed to employees across retail, customer service functionsThe layoffs came to light a day after Amazon's biggest flagship sale event in the country, Great Indian Festival, opened on October 7.
Amazon makes fresh job cuts, mainly in retail divisionAmazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-c...
Amazon makes fresh job cuts, mainly in retail divisionAmazon has confirmed recent job cuts affecting employees in its Stores unit during a major sales event. The layoffs are part of a series of...
Britain's BBC, Channel 4 discuss broader tie-up to cut costs, sources sayBBC and Channel 4 are engaging in preliminary discussions regarding a potential joint venture to combine operations. This collaboration wou...
Meet Sara Blakely, billionaire who started Spanx with just $5,000 from selling fax machines, built it without a single investor, know her journeySara Blakely once sold fax machines to build Spanx with a simple clothing problem and $5,000 in savings. She turned one small idea into a s...
Royal Mail announces up to 2,500 job cutsRoyal Mail is set to reduce its workforce by as many as 2,500 positions over the upcoming year as part of a significant organizational tran...
AI hopes, industrial malaise drive boom in German startupsMore than 3,000 startups were founded in Germany in the first half of 2026, according to economy ministry data. That's an all-time record a...
Norway's biggest bank DNB to lay off around 400 staff amid AI-driven changes"AI is changing the way we work and how we deliver services to our customers", the lender's CEO Kjerstin Braathen said in a statement, addi...
More layoff pain: Nike, airBaltic and Microsoft's Hellblade studio announce major job cutsNike is planning to implement further job cuts as part of its restructuring programme, which began in March. Meanwhile, developers at Hellb...
Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
Festive cheer shifts beyond metros as consumer brands bet big on small-town IndiaConsumer brands are turning to tier-2 and smaller cities for festive-season growth as urban consumption weakens. Titan, Nykaa, Biba, Fabind...
University of Utah may cut up to 15% of workforce for ‘modernization’ as it faces ‘most significant challenges’ in 176-year historyThe University of Utah has revealed its strategy to cut up to 15% of its non-faculty and non-clinical roles. This decision is designed to a...
In 2016, an Australian mother started making jewellery in her garage after losing her job; 6 years later, sales hit $2.5 millionNikki Kelly did not set out to build a jewellery company. After losing her corporate job at 38 weeks pregnant, she used $1,000 from family ...
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike betsU.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only ...
Nike's struggles test investor confidence in CEO Hill's turnaround effortNike has faced significant challenges under Elliott Hill, who was brought out of retirement to stabilize the company. Despite efforts to re...
BMW to cut 8,000 jobs in Germany as AI-led restructuring takes shapeBMW plans to eliminate around 8,000 jobs in Germany as part of its cost-cutting restructuring plan. The German luxury automaker aims to enh...
Greggs to spend £60 million cutting hundreds of jobs to save £20 million over two yearsGreggs will cut 740 jobs while closing several manufacturing sites across the UK in the upcoming years. The company has announced these cha...
Jobs in line as IRDAI commission caps force insurance brokers to rethink modelsFacing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pi...
Disney Layoffs: Why is Disney cutting hundreds of jobs again under CEO Josh D’Amaro amidst future plans?Disney is undergoing significant staff reductions as newly appointed CEO Josh D’Amaro announces layoffs affecting hundreds of workers. Most...
US: How sweeping job cuts have reshaped life and job prospects in the DC areaDespite living in one of the most affluent parts of the country, many in the greater D.C. area - which includes parts of Maryland and Virgi...