Santander made the largest job cuts in over 20 years in 2025
Santander bank executed the biggest workforce reduction in over two decades, decreasing its staff by 4% in 2025.
The Government advances with another reduction of public employment and aims for a total reduction of 10% by 2026
The Argentine government is set to implement another round of public sector job cuts, targeting a total reduction of 10% of the national administration workforce by 2026.
Unemployment: Annual decrease of 5.9% in registered unemployed at DYPA in February
In February 2026, Greece experienced a 5.9% year-on-year reduction in registered unemployment, totaling 903,928 individuals.
Nordea to reduce 1,500 employees
Nordea plans to reduce its workforce by 1,500 employees as part of a restructuring initiative to implement its 2030 strategy and improve efficiency.
Is job loss caused by AI beginning in earnest? Meta considers 20% workforce reduction
Meta is reportedly contemplating a significant workforce reduction, potentially cutting over 20% of its employees to address the costs of AI infrastructure investment and operational efficiency.
The textile industry would have agreed to a temporary reduction in contributions to stop job losses
The Argentine textile industry has reportedly reached a temporary agreement to reduce employer contributions to alleviate job losses amid economic challenges.
Crisis at Volkswagen – Cuts of 50,000 Jobs
Volkswagen announces a major reduction of 50,000 jobs in Germany amid declining sales and increased tariffs imposed by Donald Trump.
Wärtsilä starts change negotiations: 205 jobs will decrease, 130 new ones will be created
Wärtsilä is planning structural changes to its global finance organization, which will lead to the reduction of 205 jobs worldwide, including about 110 in Finland, while creating around 130 new positions.
Aston Martin Cuts Jobs: US Tariffs and Weakening China Hit the Brand
Aston Martin announces a 20% reduction in workforce due to financial struggles exacerbated by US tariffs and economic pressures in China.
An automotive company cuts 20% of its workforce due to increasing losses
Aston Martin announced a 20% workforce reduction as it faces rising financial losses attributed to tariffs and declining demand in China.
Ocado to cut 1,000 jobs in £150m cost-saving drive
Ocado announces a reduction of 1,000 jobs as part of a £150 million cost-saving strategy, primarily affecting its UK operations.
Telia's Change Negotiations End – Net Reduction of 164 Jobs
Telia will reduce 164 positions in its Finnish operations following change negotiations, the company announced.
End of Telia's restructuring negotiations – Net reduction of 168 jobs
Telia announced a net reduction of 168 jobs in its Finnish operations following restructuring negotiations that began in January.
W’Bank links job creation to poverty reduction
The World Bank emphasizes the critical role of job creation in alleviating poverty and fostering economic stability amid global challenges.
Business Ticker: German Industry Cuts More Than 120,000 Jobs
The German industry has seen a significant job reduction, with over 120,000 positions cut amid economic struggles in 2025.
15 Changes in the Labor Market with ERGANI II
The ERGANI II information system promises to reduce bureaucracy and simplify job announcements in Greece, coming into full effect on February 16.
The bleeding of the humanitarian sector eliminates tens of thousands of jobs and leaves millions without aid
The humanitarian sector is experiencing a crisis that has led to massive job losses and a significant reduction in aid for millions.
High metal prices gave Hydro a boost
Norwegian company Norsk Hydro reported a fourth-quarter operating profit of 5.6 billion kroner, buoyed by high metal prices and production records, though it continues a workforce reduction plan into 2026.
Reduction of the workday: Concanaco requests subsidy starting from the 41st hour
The Confederation of National Chambers of Commerce, Services, and Tourism (Concanaco Servytur) advocates for a subsidy starting from the 41st hour of work to prevent job losses and business closures due to the reduction in the workday.
The French automotive industry has lost a third of its workforce between 2010 and 2023, according to Insee
The French automotive industry has suffered a significant workforce reduction, losing over 139,000 jobs since 2010 due to declining sales and factory closures.
Heineken will cut 6,000 jobs due to weak global beer demand
Heineken announced a reduction of up to 6,000 jobs globally due to weak beer demand and lowered its profit growth expectations for 2026.
Sparebank 1 Sør-Norge cuts 150 positions
Sparebank 1 Sør-Norge has decided to increase its planned reduction of jobs from 100 to 150 due to organizational changes.
BROADCAST BIAS: ‘Public’ media furious Washington Post cut back on anti-Trump crusade
Public media outlets like NPR and PBS are unhappy with The Washington Post's job cuts and perceived reduction in anti-Trump reporting.
YIT initiates change negotiations in Finland
Construction company YIT has begun change negotiations in Finland, which could result in an estimated reduction of up to 115 jobs.
Postal change negotiations concluded – reduction need of 121 people
The postal change negotiations have concluded with a clarified reduction need of 121 positions, down from an initial estimate of 172, as some staff will be reassigned within the company.
Ramón Laguarta, the most powerful Spanish executive in the US: 'Cost reduction is a necessary condition for PepsiCo to grow'
PepsiCo CEO Ramón Laguarta discusses a new agreement with Elliott Management aimed at enhancing growth and profitability amid recent factory closures and job cuts.
Munich Re will exclusively reduce positions in Germany through fluctuation
Munich Re plans to exclusively use natural fluctuation to reduce jobs in Germany, with positions moving primarily to Poland and India.
RTL Germany massively cuts jobs: Reduction of around 230 positions
RTL Deutschland is set to cut approximately 230 jobs as part of a restructuring plan that will see a total of 600 positions eliminated across the company.
Avatel announces a new ERE due to its "delicate economic situation"
Avatel Telecom intends to initiate a new collective dismissal procedure due to financial difficulties, following a previous significant workforce reduction impacting 674 employees.
Why Spain is doing well and you are not
The article discusses Spain's economic growth in 2025, highlighting significant job creation and a notable reduction in unemployment rates compared to previous years.
Federal Government and States Agree on Billion-Euro Reform – Even if It Doesn't Create Jobs
The federal government and states have reached an agreement on a fundamental reform of regional economic promotion, focusing on bureaucracy reduction and easier access conditions despite not expecting job creation.