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Financial Market News
You are at:Home»Posts Tagged "layoffs" (Page 2)

Wayfair to exit Germany, cut 730 jobs in latest layoffs

By FinMar NewsJanuary 12, 2025

Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to…

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery

By FinMar NewsSeptember 23, 2024

Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to…

Yellen says U.S. economy remains solid, heading toward ‘soft landing’

By FinMar NewsSeptember 8, 2024

U.S. Secretary of the Treasury Janet Yellen speaks listens to a presentation during a tour at the IRS Processing Facility on September 06, 2024 in Austin,…

Despite layoffs, Postmedia says don’t expect big changes to Atlantic

By FinMar NewsAugust 29, 2024

The chief executive officer of Postmedia is moving to reassure people in Atlantic Canada that they should not expect major changes in their local newspapers. At…

Stellantis laying off 2,450 workers due to outgoing Ram pickup

By FinMar NewsAugust 11, 2024

The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit on Jan. 15, 2018.Brendan McDermid | ReutersDETROIT —…

37% of Americans paid a late fee in the last 12 months, report finds

By FinMar NewsJune 3, 2024

Blackcat | E+ | Getty ImagesMany consumers are finding it hard to keep up with their bills.To that point, 37% of Americans have been charged a…

Etsy is trying to recreate pandemic-era sales. Here’s how

By FinMar NewsMay 19, 2024

E-commerce artisan marketplace Etsy is at a crossroads as it tries to balance declining gross merchandise sales, a tumbling stock price and high inflation with the…

Walmart to lay off, relocate hundreds of corporate workers

By FinMar NewsMay 15, 2024

Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.The big-box retailer confirmed the layoffs and…

Shell will cut 200 jobs in clean energy division

By FinMar NewsOctober 25, 2023

An employee handles a pump at a hydrogen refueling point at a Royal Dutch Shell gas station in Berlin on Aug. 25, 2021.Krisztian Bocsi | Bloomberg…

Big banks cut thousands of jobs, more layoffs coming

By FinMar NewsOctober 20, 2023

The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come.Even as the economy…

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