Gulf Times - layoffs
Air France to cut 1,500 jobs by end-2022: union sources

Air France to cut 1,500 jobs by end-2022: union sources

Air France is to cut 1,500 jobs, mostly ground staff, by late 2022, union sources told AFP Thursday, though the company declined to confirm the figures pending talks with labour representatives.

VW slashes thousands more jobs to fund electric transition

VW slashes thousands more jobs to fund electric transition

German car giant Volkswagen said Wednesday it would slash thousands of posts to cope with its transition to electric and autonomous driving the day after reporting rising profits ...

Bayer to cut 12,000 jobs after Monsanto takeover: company

Bayer to cut 12,000 jobs after Monsanto takeover: company

Germany chemicals and pharmaceuticals giant Bayer said Thursday it would slash 12,000 jobs in a major restructuring following the takeover of Monsanto ...

Layoffs rile India's flagship information technology sector

Layoffs rile India's flagship information technology sector

Experienced Indian techie Raghu Narayanaswamy lost his job recently and fears he may not get another, as analysts warn of massive layoffs across the country's multi-billion-dollar information technology sector.

Etihad Airways cuts jobs to reduce cost

Etihad Airways cuts jobs to reduce cost

Etihad Airways has begun cutting jobs in a restructuring process to reduce cost as it faces tough competition and a weakened global economy, the Emirati carrier said on Monday.

Saudi Arabia moves to help stranded Indian workers

Saudi Arabia moves to help stranded Indian workers

Saudi Arabia took steps on Wednesday to help some 2,500 Indian workers stranded without money in the kingdom after a plunge in oil prices sparked construction layoffs.

Royal Dutch Shell says to axe further 2,200 jobs

Royal Dutch Shell says to axe further 2,200 jobs

Energy giant Royal Dutch Shell on Wednesday said it was cutting at least another 2,200 jobs owing to low oil prices and following its takeover of smaller rival BG Group.

Abu Dhabi lays off staff as austerity tightens

Abu Dhabi lays off staff as austerity tightens

Thousands of layoffs at state-linked companies in Abu Dhabi are a fresh sign the Gulf states are hunkering down for a long period of austerity as low crude prices pressure their economies.

Saudi Binladin Group lays off 77,000 workers

Saudi Binladin Group lays off 77,000 workers

One of Saudi Arabia's most powerful firms, the Saudi Binladin Group, has laid off 77,000 foreign workers, a Saudi daily reported on Monday, citing an anonymous company official.

Boeing to cut 4,000 jobs in commercial aircraft retool

Boeing to cut 4,000 jobs in commercial aircraft retool

US aerospace giant Boeing will trim about 4,000 jobs in its commercial airplanes division as it seeks to cut costs and boost productivity, a company spokesman told AFP on Wednesday.

General Electric to cut 6500 jobs in Europe

General Electric to cut 6500 jobs in Europe

General Electric said Wednesday it plans to cut up to 6,500 jobs in Europe in the energy units it acquired from France's Alstom last year.