Layoffs

August 05, 2019 - 8:35 pm
SAN JOSE, Calif. (AP) — California's largest operator of recycling redemption centers shut down Monday and laid off 750 employees. RePlanet closed all 284 of its centers, and company president David Lawrence said the decision was driven by increased business costs and falling prices of recycled...
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FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 9:33 am
DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
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July 31, 2019 - 6:44 am
RICHMOND, Va. (AP) — A blood-testing company filed for bankruptcy and says it's cutting jobs because Medicare payments have been withheld over allegations of fraud. The Richmond Times-Dispatch reports True Health Diagnostics LLC filed for Chapter 11 bankruptcy protection this week and notified...
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FILE - This June 21, 2017, file photo shows the building that houses the headquarters of Uber, in San Francisco. Uber is laying off 400 employees in marketing, about a quarter of the marketing team's global workforce of 1,200 people. The move, announced Monday, July 29, 2019, follows a leadership shake-up in June when CEO Dara Khosrowshahi combined the company's marketing, communications and policy teams. (AP Photo/Eric Risberg, File)
July 29, 2019 - 4:50 pm
NEW YORK (AP) — Uber is laying off 400 employees in marketing, about a quarter of the marketing team's global workforce of 1,200 people. The move, announced Monday, follows a leadership shake-up in June when CEO Dara Khosrowshahi combined the company's marketing, communications and policy teams...
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Nissan CEO Hiroto Saikawa speaks during a news conference at the global headquarters Thursday, July 25, 2019, in Yokohama, west of Tokyo. Nissan says it is slashing 12,500 jobs or about 9% of its global workforce in an effort to cut costs and achieve a turnaround, as its profits tumble. (AP Photo/Jae C. Hong)
July 25, 2019 - 5:07 am
TOKYO (AP) — Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. Nissan Motor Co. also said it will cut global production capacity by 10% and reduce model lineups by at least 10% by the...
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FILE - In this March 12, 2019, file photo, Japanese and French flags are hoisted at the entrance to the Nissan headquarters where Renault, Nissan and Mitsubishi Motors board meeting takes place in Yokohama, near Tokyo. The executives charged with strengthening governance at Nissan are saying extensive job cuts are coming, designed to drive a recovery at the Japanese automaker. (AP Photo/Eugene Hoshiko, File)
July 24, 2019 - 7:45 am
YOKOHAMA, Japan (AP) — The newly tapped directors to strengthen corporate governance at Nissan promised to turn the Japanese automaker's ailing business around but said Wednesday that extensive job cuts designed to drive a recovery are also coming. Nissan's brand image has been battered by the...
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A man walks past the Deutsche Bank sign in London, Monday, July, 8, 2019. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022, saying it is going “back to our roots” with a radical restructuring plan meant to focus the company on traditional strengths.(AP Photo/Natasha Livingstone)
July 08, 2019 - 12:25 pm
BERLIN (AP) — The radical and painful restructuring of Germany's Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended. The bank plan unveiled Sunday aims to go "back to our roots" by...
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Dark clouds cover the sky over the headquarter of Deutsche Bank in Frankfurt, Germany, Sunday, July 7, 2019. The supervisory board of the bank meets on Sunday to decide about further strategies. (AP Photo/Michael Probst)
July 07, 2019 - 3:55 pm
FRANKFURT, Germany (AP) — Germany's struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders. The Frankfurt-headquartered bank said it...
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Dark clouds cover the sky over the headquarter of Deutsche Bank in Frankfurt, Germany, Sunday, July 7, 2019. The supervisory board of the bank meets on Sunday to decide about further strategies. (AP Photo/Michael Probst)
July 07, 2019 - 11:22 am
BERLIN (AP) — The Latest on Germany's Deutsche Bank (all times local): 5:15 p.m. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022 in a sweeping restructuring aimed at restoring consistent profitability and improving returns to its shareholders. The Frankfurt-headquartered...
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FILE - In this file photo dated Thursday, March 28, 2019, the Ford Motor company logo at the auto show in Denver, USA. Carmaker Ford said Thursday June 27, 2019, it is shedding 12,000 jobs in Europe as it streamlines operations in the region to increase profitability. (AP Photo/David Zalubowski)
June 27, 2019 - 8:36 am
FRANKFURT, Germany (AP) — Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job cuts are part of a broad restructuring at Ford that...
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