Tag: cuts
Facebook group Meta is said to be facing the next significant job cuts
Meta office in Brussels The Facebook group feels the reluctance of advertisers who pay more attention to their money. (Photo: Reuters) New York,London The Facebook parent Meta wants to cut…
Adidas share: Group cuts dividend
Herzogenaurach The new Adidas boss Björn Gulden has prepared investors for a difficult transition year 2023 with possible losses. “We have to reduce inventories and reduce discounts,” said the Norwegian…
Adidas share: Group cuts dividend
Herzogenaurach The new Adidas boss Björn Gulden has prepared investors for a difficult transition year 2023 with possible losses. “We have to reduce inventories and reduce discounts,” said the Norwegian…
Adidas share: Group cuts dividend
Herzogenaurach After a loss in the fourth quarter, the troubled Adidas group is preparing for a difficult transition year in 2023. “We have to reduce inventories and reduce discounts,” said…
Adidas makes a big loss and cuts the dividend
Adidas headquarters in Herzogenaurach The new CEO Björn Gulden is busy with clean-up work. (Photo: imago images/Harry Koerber) Herzogenaurach After a loss in the fourth quarter, the troubled Adidas group…
Xiaomi cuts update support for 7 models
With the introduction of Android 13 last year by Google, the update work of smartphone manufacturers gained momentum. While companies spend time integrating the version into their own interfaces, software…
Job cuts at the online fashion retailer are causing great concern
Zalando headquarters in Berlin The online fashion retailer plans to lay off hundreds of employees. (Photo: dpa) Berlin At the online fashion retailer Zalando, there is great unrest after the…
Intel cuts dividend and announces savings – plant in Magdeburg in danger?
Intel logo The group had already announced in October that it wanted to save three billion dollars this year. (Photo: Reuters) san francisco The financial situation at the Intel chip…
FDP calls for tax cuts in response to US subsidies
Berlin While the right reaction to the US government’s multi-billion dollar subsidy program is still being negotiated at European level, the FDP parliamentary group is now presenting proposals. In a…
Disney+ loses users for the first time and cuts 7,000 jobs
Los Angeles/New York The US media and entertainment group Walt Disney wants to reposition itself and cut around 7,000 jobs. That corresponds to almost four percent of the workforce. The…
Disney cuts 7,000 jobs and repositions itself
Los Angeles The US media and entertainment group Walt Disney wants to reposition itself and cut around 7,000 jobs. That corresponds to almost four percent of the workforce. The company…
RTL cuts 700 jobs and 23 magazines
Dusseldorf For decades, Gruner + Jahr (G+J) was one of the most powerful media houses in Europe. Now there is a staff cut at Hamburger Verlagshaus: owner Bertelsmann plans to…
Verdi clearly criticizes planned staff cuts
Galeria branch in Berlin In houses that will continue, the company wants to reduce the area and could cut more jobs. (Photo: IMAGO/Jürgen Ritter) Dusseldorf, Essen The Verdi trade union…
Galeria Karstadt Kaufhof: Employees are threatened with severe cuts
Galeria branch in Frankfurt The general works council expects a “hard and painful time” for the employees of the department store company. (Photo: dpa) Dusseldorf, Essen The period of uncertainty…
Medical technology group cuts another 6,000 jobs
From the savings and productivity increases, the company expects to be able to increase its operating margin (Ebitda margin) to a low double-digit percentage by 2025. From 2025, Philips wants…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
IBM cuts about 3900 jobs – quarterly sales stagnate
Armonk As the next heavyweight in the tech industry, the computer group IBM is cutting several thousand jobs. There are about 3,900 jobs, about 1.5 percent of the global workforce,…
Hard cuts in VW works council salaries expected
VW skyscraper in Wolfsburg Many employee representatives at Volkswagen have to reckon with salary cuts. (Photo: imago images / regios24) Dusseldorf These are nerve-wracking days for the approximately 250 works…