Because of increased layoffs, and a tricky job market outlook, employee confidence reached a new record low in May. A recent survey from Glassdoor says the share of employees reporting a positive ...

Salesforce, Inc (NYSE:CRM) eyes further job cuts beyond the announced 10% reduction, indicating a renewed focus on achieving profitability. The recent layoffs affected sales and customer success ...

Philips announced Monday that it's cutting another 6,000 jobs worldwide as it works to boost profitability. The workforce reduction will occur over the next two years with the first 3,000 cuts taking ...

NEW YORK — Farmers Insurance said Monday it will lay off 11% of its workforce — about 2,400 employees — as part of a corporate restructuring aimed at increasing its efficiency and long-term ...

AMSTERDAM, Jan 29 (Reuters) - Dutch airline KLM on Wednesday said it would scrap 250 office jobs in a push to cut costs and improve profitability. Sign up here. "It is crucial for our future to ...

Canadian cybersecurity and IoT (Internet of Things) firm BlackBerry plans to cut more jobs as it pushes toward profitability. The company hasn’t specified the number of layoffs in this round but says ...

Investing.com -- Swedish telecoms group Tele2 (ST:TEL2b) has announced plans to eliminate more than 600 jobs by 2025 in an ...

Wayfair (NYSE:W) shot up in premarket trading on Friday after the e-commerce retailer confirmed that job cuts will be part of a cost efficiency plan first initiated in August. The plan calls for a ...

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) plans to cut around 450 jobs globally. The jobs reductions by the Sweden-based automaker represent about 15% of the company's total workforce. Polestar ...

Dutch health technology company Philips said on Monday it would scrap 6,000 jobs to restore its profitability. Chief Executive Officer Roy Jakobs told CNBC it was a "necessary intervention to help us ...