The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.
Category: Layoffs and Job Reductions
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Dissecting the DOGE Playbook
Elon Musk and Vivek Ramaswamy have unveiled their first plans to trim government spending, a blueprint that mirrors how the tech mogul cut costs at Twitter.
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Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
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Associated Press to Cut Staff by 8%
The reductions come just two weeks after Election Day, when The A.P. played a key role in calling races across the United States.
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Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving out its global operations as it struggles with a steep drop in sales.
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Tiny Love Stories: ‘When Two Fantasies Collide’
Modern Love in miniature, featuring reader-submitted stories of no more than 100 words.
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Boeing’s Strike Is Over. What’s Next for the Company?
The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing production of its commercial planes.
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Storms and Strikes Take a Toll on Pre-election Jobs Report
U.S. payrolls grew by only 12,000 in October, a figure that left markets placid but fueled political contention. Unemployment remained 4.1 percent.
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Kraken Lays Off 15 Percent of Workers and Names New Co-Chief Executive
The influential cryptocurrency exchange has undergone several reorganizations in recent years.