Singapore’s largest bank, DBS, has announced plans to cut 4,000 jobs over the next three years as artificial intelligence (AI) takes on more tasks traditionally handled by humans. A DBS …
Tag:
Workforce Reduction
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The Trump administration has announced the closure of new entries to a controversial buyout program aimed at significantly reducing the number of federal employees. The program, which offered workers eight …
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Global Economy
Chevron to Cut Thousands of Jobs as Oil Giant Moves to Slash Costs and Boost Long-Term Competitiveness
by Mael Julesby Mael JulesChevron, one of the world’s largest energy companies, has announced plans to reduce its workforce by 15 to 20 percent as part of a strategic restructuring effort aimed at cutting …
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In a significant move aimed at managing rising costs and maintaining financial stability, UK supermarket giant Sainsbury’s has announced plans to cut over 3,000 jobs. This decision comes as the …
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In a bold move aimed at streamlining operations, Adidas, the renowned global sportswear company, is set to cut up to 500 jobs at its headquarters in Herzogenaurach, Germany. This announcement, …
