JOB CUT

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ECONOMY

After tech giants, Boeing to slash 2,000 white-collar jobs amid recession fears

After tech giants such as Google, Microsoft and Meta, US-based aerospace company Boeing announces plans to lay off around 2,000 workers in finance and human resources this year.

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ECONOMY

Boeing cutting over 12,000 US jobs amid coronavirus crisis

Boeing Co (BA.N) says it is eliminating more than 12,000 US jobs as the largest American planemaker restructures in the face of the coronavirus pandemic.

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FRANCE

Airbus Defence and Space to cut over 2,300 jobs

European plane-maker Airbus says it plans to cut 2,362 jobs in its Defence and Space division over the next two years.

Airbus

GERMANY

Deutsche Bank to cut 18,000 jobs in 7.4 bln euro overhaul

Deutsche Bank on Sunday (July 7) said it plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany's struggling flagship lender.

Germany

REPORTS

Huge strikes against Macron’s public job cuts

The French president is not stopping his sweeping socioeconomic reforms despite constant protests.

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Nissan’s Ghosn arrested in Japan for financial misconduct

Nissan Motor Co Chairman Carlos Ghosn has been arrested for alleged financial misconduct and will be fired from the board this week.

Carlos Ghosn

PALESTINE

UN Palestinian agency to cut 250 jobs

In total, 154 employees in the occupied West Bank and 113 in the Gaza Strip will be let go.

Palestine

ECONOMY

US businesses warn of job cuts due to tariffs

US automakers and manufacturers warn that Trump administration's tariffs on imported cars may cost American jobs.

US