Redundancies

Europeans' Stories

Closure of Audi Brussels, a symbol of de-industrialisation in Europe

Audi’s decision to close its Brussels plant in February 2025 reflects a more general trend in the European economy: de-industrialisation. Euronews met the workers affected by this phenomenon to understand its tangible effects and analyse the solutions being considered to revitalise European industry

20/11/2024

Business

Coca-Cola loses its fizz with plan to axe hundreds of jobs in Germany

Coca-Cola is to shut down five production and logistics sites in Germany, in an attempt to cut costs and adapt to changing logistics trends.

02/10/2024

Business

Battery giant Northvolt to lay-off staff amid EV market slowdown

Northvolt has announced that it would be laying off a large part of its workforce and selling or consolidating several sites as the electric vehicle (EV) market slows down.

10/09/2024

Business

Unilever to axe a third of European office jobs as part of growth plan

As many as 3,200 roles will be cut in Europe by the end of 2025.

12/07/2024

Business

McKinsey to cut hundreds of jobs as consultancy demand weakens

The consultancy giant is planning for another series of lay-offs following a pandemic hiring boom.

11/04/2024

Business

Barclays slashed 5,000 jobs last year in cost-cutting drive

Barclays has cut about 5,000 jobs in the past year, as part of an effort to improve efficiency and reduce costs.

09/01/2024

Culture news

Spotify to cut 17% of its workforce despite turning profit

Spotify chief executive Daniel Ek has said he made the “difficult” decision as economic growth has “slowed dramatically”... despite turning a profit of €65m for the September-November quarter.

04/12/2023

Business

Nestlé shuts down baby formula factory over falling Chinese birth rate

As the number of births in China has halved since 2018, Nestlé says it will close its Ireland-based factory that produces formula exclusively for Asian exports.

20/10/2023

Business

Nokia axes up to 14,000 jobs in telecoms slowdown

Finnish company Nokia is letting go of at least 10% of its staff, following disappointing third quarter results. The telecoms sector is experiencing decreased activity globally, resulting in thousands of job cuts.

19/10/2023

Affiliate content

With AI’s rapid rise, which job skills are becoming obsolete?

Partner content presented by Jobbio

In a rapidly shifting workplace, some skills are becoming obsolete. Diversifying your CV and focussing on soft skills could help you stay relevant.

04/05/2023

USA

Aerospace giant Boeing plans to cut about 2,000 jobs

Boeing plans to make staffing cuts in the aerospace company's finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said.

07/02/2023

Tech News

Amazon is preparing to make 10,000 job cuts worldwide - reports

The e-commerce giant had already frozen hiring after taking on too many staff during the COVID pandemic. Around 1 per cent of its workforce will be affected.

15/11/2022

Travel News

P&O Ferries owner boasts record-breaking profits after mass layoffs

The UK’s largest union body has described the profits as an “insult to common decency.”

23/08/2022

Affiliate content

Amid layoffs, which EU Companies are hiring?

Partner content presented by Jobbio

A crying CEO announcing layoffs grabbed the headlines earlier this month. While they're not easier for anyone, they may offer an opportunity.

19/08/2022

Work

Is the party over for fast grocery delivery apps?

The boom of fast grocery delivery services over the last few years seems to be running out of steam, with a raft of firms now cutting costs - and jobs.

09/06/2022

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Demonstration in underwear for the former flight attendants of Alitalia

Dozens of former flight attendants of the defunct Italian airline Alitalia removed their uniforms during a demonstration, wearing only underwear.

20/10/2021

Economy

BAE Systems to shed 2000 British jobs

In a severe blow to the UK manufacturing sector and skills pool BAE Systems is laying off 2000 workers.

10/10/2017

Business Series

Job cut report drives up Peugot Citroën's stock

03/07/2012