Evotec is eliminating up to 800 employees—about one-sixth of its global workforce—in a restructuring that also includes the shutdown of four facilities and other moves intended to cut costs, ...

Jan 29 (Reuters) – Dow will slash about 4,500 jobs, or 13% of its total workforce, under a sweeping restructuring aimed at boosting profitability by at least $2 billion, while projecting first-quarter ...

Autodesk plans to cut about 1,000 jobs, roughly 7% of its workforce, as part of a global restructuring plan as it seeks to strengthen sales and marketing. The move is the final phase of efforts by the ...

Procter & Gamble plans to cut 7,000 jobs and potentially sell off some brands due to slow global sales. P&G's baby care and skin & personal care units have experienced shrinking or flat sales, ...

Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) said Wednesday it has cut ~1,000 jobs as part of a restructuring that focuses on growing demand for copper, and merges its nickel and zinc operations; the company ...

Amid rapid AI-driven restructuring, major tech companies including Meta, Oracle to Amazon have collectively cut more than ...

In a shareholder letter, Dorsey said he expects other companies to follow suit soon and reduce headcount in the wake of AI advancements. Update (Feb.27, 1:25 Am UTC): This article has been updated to ...