Economics ❯Labor Market ❯Unemployment

Job Losses

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SMA Solar to Cut 350 Jobs, Targeting Over €100 Million in Extra Annual Savings

The inverter maker moves to reduce costs after reporting a loss in 2024.

South Africa Sheds 80,000 Formal Jobs in Q2 2025, Official Data Shows

Canada Sheds 66,000 Jobs in August as Unemployment Hits 7.1%

AE Group to Close Two German Plants by Year-End, Cutting About 650 Jobs

Mitteldeutsche Flughafen AG Confirms 172 Job Cuts to Meet 2026 Profit Target

Thyssenkrupp Steel commits to 11,000 job cuts as union talks loom

Bank of Canada Warns U.S. Trade War Heightens Financial Risks Despite System Resilience

Federal Layoffs Reach Historic Levels Under DOGE Initiative

Porsche to Cut 1,900 Jobs as EV Transition and Global Sales Slow

Boeing to Cut 17,000 Jobs Amid Financial Challenges

Major German Auto Suppliers Announce Significant Job Cuts

Brussels Audi Factory Faces Closure Amidst European EV Industry Struggles

UK Wage Growth Slows, Paving Way for Potential Interest Rate Cuts