Layoffs

FILE - This July 30, 2007 file photo shows an HSBC sign at a branch in London. British labor union Unite has expressed dismay over reports that the bank HSBC will slash 10,000 jobs worldwide. HSBC declined to comment Monday Oct. 7, 2019 on a Financial Times report that interim chief Noel Quinn plans to seek immediate saving across the group. (AP Photo/Kirsty Wigglesworth, file)
October 07, 2019 - 10:06 am
LONDON (AP) — British labor union Unite has expressed dismay over reports that the bank HSBC will slash 10,000 jobs worldwide. HSBC declined to comment Monday on a Financial Times report that interim chief Noel Quinn plans to seek immediate saving across the group. The newspaper described the cuts...
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October 03, 2019 - 8:43 pm
SAN FRANCISCO (AP) — HP Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations — one that envisions cutting its workforce by as much as 16% over the next three years. The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its global...
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Mara Paulic, a 42-year GM employee, pickets outside the General Motors Fabrication Division, Monday, Sept. 23, 2019, in Parma, Ohio. The strike against General Motors by 49,000 United Auto Workers entered its second week Monday with progress reported in negotiations but no clear end in sight. (AP Photo/Tony Dejak)
September 25, 2019 - 8:34 am
DETROIT (AP) — As the United Auto Workers' strike against General Motors stretches into a second week, it's not just the company and striking workers getting pinched. With many replacement part warehouses shut down, dealers are beginning to run short of components to repair cars, trucks and SUVs...
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FILE - In this June 12, 2019, file photo General Motors employees work on the chassis line as they build the frame, power train and suspension onto the truck's body at the Flint Assembly Plant in Flint, Mich. On Tuesday, Sept. 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for August. (Jake May/The Flint Journal via AP, File)
September 03, 2019 - 3:21 pm
WASHINGTON (AP) — The U.S.-China trade war and slower global growth are weighing on the U.S. economy, with manufacturing activity shrinking in August for the first time in three years. A survey by the Institute for Supply Management, an association of purchasing managers, on Tuesday showed that...
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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 - 11:41 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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July 24, 2019 - 5:32 am
YOKOHAMA, Japan (AP) — The executives charged with strengthening governance at Nissan are saying extensive job cuts are coming, designed to drive a recovery at the Japanese automaker. Nissan's brand image has been battered by a scandal over alleged financial misconduct by its former chairman,...
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