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...Highly indebted French IT services company Atos said it needs €600mn in cash between now and 2025 as it rushes to lay out its financing needs to investors....
...Spotify swung back to a loss in the fourth quarter of 2023, as a move into audiobooks and severance payments related to sweeping lay-offs boosted expenses....
Radical-right newcomers accuse older generation of corruption and nepotism
...The company said it did not plan to close plants or lay off staff before the union’s employment contract expires in 2026. The sentiment was supposed to calm workers....
Leaked military documents lay bare Moscow’s long-standing fears about Beijing
...The decision has heightened the risk of significant lay-offs, or even the closure of the plant, although no final decisions have been made, one of the people said....
Swiss building materials group is seeking sturdiness through financial engineering
Hundreds failed to lay out goals aligned with Paris agreement to limit warming to 1.5C
This fast-paced account lays bare bitter divisions, relentless setbacks and a prime minister’s ultimate undoing
‘Maybe we should’ve done lay-offs after the holiday party’
...So far in 2024 there have been lay-offs at The Wall Street Journal, Time, Business Insider, LA Times and Sports Illustrated, plus the abrupt closure of media start-up The Messenger....
...Karine Jean-Pierre, the White House press secretary, told reporters that Biden would “lay out the historic achievements he has delivered on for the American people and his vision for the future”....
...Coming a day after announcing sweeping lay-offs, Snap said in an earnings report on Tuesday its revenues increased 5 per cent to $1.36bn in the fourth quarter, below expectations of a rise to $1.38bn....
...How do these lay-offs relate to that debate?...
Levelling up department to consult on proposals to clear hurdles for developers of brownfield sites in 20 cities
...Amid the lay-offs, several US newsrooms have hit the picket lines in protest of their employers....
French billionaire lays groundwork for generational change at world’s biggest luxury group
Politicians warn of need to prepare for conflict but years of budget cuts have weakened the UK’s military capabilities
...UPS, Estée Lauder and Citigroup also announced lay-offs in recent weeks....
...Citigroup plans to announce on Monday the first major round of lay-offs and job assignments in a massive restructuring that will eventually result in thousands of positions being eliminated from the bank...
...More than 250,000 lay-offs have been announced in the year to date, according to online data aggregator Layoffs.fyi....
...Universal, the industry goliath Swift is signed to, is set to lay off hundreds of staff in the coming weeks....
...Tata Steel plans to lay off about 2,800 workers as part of a major restructuring of its UK operations, dealing a blow to what was once one of the country’s biggest industries....
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