U.K.

Layoffs: Schroders is cutting 3 per cent or 200 jobs, mostly in tech, as new CEO Richard Oldfield looks to revive the UK’s largest standalone asset manager, sources told Bloomberg.

Job cuts: Asset manager Schroders to cut 3% of tech staff as it aims to revive growth

2025-01-17 06:35:38 : Layoffs: According to a report by Bloomberg citing sources on January 17, Schroders Plc, the UK’s largest asset management company, plans ...

Ford will be facing a huge blow in Germany, where Volkswagen is threatening to close factories, cut wages, and axe thousands of jobs to improve its competitiveness.

Ford to lay off 14% of European employees due to weak demand for electric vehicles and fierce competition from China

2024-11-20 22:54:49 : Ford Motor Co. decided to lay off 14% of its European workforce on Wednesday, November 20, due to weak electric vehicle ...