BP To Make Global Job Cuts Mandatory : BP Layoffs 2020

BP To Make Global Job Cuts Mandatory : BP Layoffs 2020

By Christy Gren - Oct 19, 2020

Only a quarter of BP’s planned 10,000 job cuts is going to be voluntary. According to an internal memo, BP plans to ma...

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Equinor of Norway announces 30% job cuts across its facilities

Equinor of Norway announces 30% job cuts across its facilities

By Christy Gren - Oct 02, 2020

Equinox’s planned job cuts will affect hundreds globally. Equinor employees numbered 21,000 at the end of 2019, and sa...

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28,000 Disney Theme Parks Workers get the cut

28,000 Disney Theme Parks Workers get the cut

By Christy Gren - Oct 01, 2020

The coronavirus effect now extends to 28,000 furloughed employees of Disney as they are permanently laid off. ...

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Shell announces 9000 job cuts as business dips

Shell announces 9000 job cuts as business dips

By Christy Gren - Oct 01, 2020

The layoffs will be done in a phased manner in the coming two years and will include about 1,500 people agreeing to reti...

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Another $1.6 trillion stimulus package offered to boost the economy

Another $1.6 trillion stimulus package offered to boost the economy

By Christy Gren - Oct 01, 2020

There have been a slew of job cut announcements from many companies after the ending of all concessions from the first s...

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Saudi Aramco Cuts 100s of Jobs to Cut Expenditure

Saudi Aramco Cuts 100s of Jobs to Cut Expenditure

By Anna Domanska - Jun 19, 2020

Saudi Aramco, the world’s largest company by revenue, will be cutting hundreds of jobs across its divisions to meet th...

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T-Mobile and Sprint Merger Results in Job Cuts and Store Closures

T-Mobile and Sprint Merger Results in Job Cuts and Store Closures

By Anna Domanska - Jun 18, 2020

The newly minted T-Mobile company formed after a merger with Sprint has laid off hundreds of Sprint employees in a bid t...

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HSBC to shed 35,000 jobs as bank revives redundancy plan

HSBC to shed 35,000 jobs as bank revives redundancy plan

By Anna Domanska - Jun 17, 2020

HSBC revives redundancy plan it put on hold after the coronavirus outbreak, and will axe 35,000 jobs over the medium ter...

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Coachella Pushed To 2021, Live Events Companies Carry Out Deep Cuts

Coachella Pushed To 2021, Live Events Companies Carry Out Deep Cuts

By Anna Domanska - Jun 11, 2020

The Coronavirus pandemic’s tentacles have managed to strangulate almost every industry across the world. Some have...

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