Economics ❯ Labor Market ❯ Employment Trends

Job Cuts

Corporate Restructuring Germany Impact on Workforce Workforce Reduction Industry Challenges Economic Impact Corporate Downsizing Industry Analysis Sector Analysis Wage Issues

Michelin Announces Voluntary Exit Plan for Up to 1,500 Jobs in France

Michelin says reducing staff will lower costs after weaker sales, with high domestic production expenses cited as a key reason.

Nike to Cut About 1,400 Jobs in Tech-Focused Reorganization

Government Eliminates 900+ INTI Services and Seeks Up to 1,400 Layoffs

BlaBlaCar to Exit Bus Operations in France, Cutting 40 Jobs

Morgan Stanley Cuts 2,500 Jobs Across Core Divisions

German Machinery Sector Shed 22,000 Jobs in 2025, With More Cuts Likely in 2026

Ams-Osram to Cut About 2,000 Jobs Globally Under New 'Simplify' Restructuring

Valeo to Close Bad Neustadt R&D Site as At Least 143 Jobs Are Cut

McKinsey Weighs Up to 10% Cuts to Support Staff as AI Reshapes Its Operations

Victoria Unveils Public-Sector Overhaul With 1,000+ Job Cuts and Agency Mergers

OPM Chief Says DOGE No Longer Exists as a Central Agency

MAN to Cut 2,300 German Jobs Over a Decade as Future Truck Production Moves to Poland

UK Confirms South Wales AI Growth Zone and Unveils £500m Sovereign Fund to Scale Homegrown AI

Swarovski to Cut 400 Jobs at Wattens by 2026, Drops Night Shift

Lufthansa to Cut 4,000 Jobs by 2030 in AI-Driven Overhaul

Bosch to Cut Up to 13,000 Jobs in Germany by 2030 to Lift Mobility Margins

Union Widens Campaign Over CRA Cuts, Plans Rally at PMO

EY: German Industry Sheds 245,000 Jobs as Exports Slide and Auto Cuts Deepen

Microsoft Announces Third Wave of 9,000 Layoffs to Curb Costs

ProSiebenSat.1 to Cut 430 Jobs in Digital Transformation Push