Ford has revealed plans to cut 800 jobs in the UK over the next three years as part of a broader restructuring initiative affecting 4,000 positions across Europe. The decision follows challenging trading conditions characterized by stiff competition and weak…
Swiss E-Bike manufacturer Flyer has announced the layoffs of 150 out of its 170 employees after deciding to move production out of Huttwil, Switzerland. The decision follows a three-week consultation process and marks the second restructuring for the company in…
Prominent UK retailers, including Tesco and Amazon, are warning that job losses in the retail sector are ‘inevitable’ due to rising costs from tax increases outlined in the recent Budget. They argue that the cumulative financial burden will strain profitability…
FrieslandCampina announced the closure of its cheese factory in Born, the Netherlands, leading to the loss of 186 jobs. Production will shift to Workum, impacting 99 employees in Limburg, while 87 additional jobs will be cut in Leeuwarden. The changes…
Volksbank is set to undergo a reorganization, resulting in the elimination of up to 750 jobs by summer. The bank, which operates SNS, ASN Bank, RegioBank, and BLG Wonen, aims for annual cost savings of around 70 million euros. As…
Swiss Steel has revealed plans to cut approximately 800 jobs, including 130 positions at its Emmenbrücke facility. While the local economy braces for the impact, workers express mixed reactions, with some acknowledging the inevitability of the layoffs. Local politicians, including…
Swiss Steel is set to cut 800 jobs, including 130 in Switzerland, due to falling demand, particularly from the struggling German automotive industry. The company’s CEO, Frank Koch, acknowledged misjudgments in their outlook, exacerbated by high energy costs needed for…
Swiss Steel Group will cut approximately 800 jobs across Europe, including 130 positions at its Emmenbrücke facility in Switzerland. As part of a restructuring plan, 530 jobs will be eliminated, while 270 positions will see reduced hours. The company aims…
Migros Zürich is implementing significant austerity measures at its struggling German subsidiary, Tegut, by closing 10% of its stores and eliminating 120 full-time positions at its Fulda headquarters. The decision arises from poor revenue and profit performance, prompting the company…
Dundee University is preparing for job losses as it faces a substantial deficit of £25 million to £30 million in the upcoming financial year. Principal Prof Iain Gillespie informed staff about the challenging financial situation and emphasized the necessity of…
The UK Post Office is planning to close over 115 unprofitable branches, impacting around 1,000 jobs, as part of a significant restructuring aimed at improving financial stability. The review, led by new chairman Nigel Railton, follows a long-standing inquiry into…
The UK Post Office is considering significant changes that could jeopardize over 100 branches and hundreds of jobs at its headquarters. As part of a financial recovery plan, chairman Nigel Railton is set to address staff about a review aimed…
