BP announced on Thursday that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs. BP told staff that 3,000 contractor ...

Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people ...

Amazon is cutting jobs in its Fashion and Fitness group, according to internal messages seen by Business Insider. One of the internal messages, posted on an internal Amazon Slack channel, said San ...

Announcements of job cuts in the health network have multiplied in recent weeks as Quebec tries to eliminate a $1.5 billion deficit in the public health-care system. According to the most recent ...

In brief: Microsoft is implementing new job cuts across its business, impacting employees across gaming, experience & devices, sales, and security divisions. The news arrives just a week after ...

-“I’ve decided to raise the bar on performance management and move out low-performers faster,” CEO Mark Zuckerberg said in an internal memo viewed and first reported by Bloomberg. A company ...

Jan 16 (Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the ...

President-elect Donald Trump’s Treasury Secretary pick, a billionaire who has been accused of evading taxes, says that “the most important economic issue of the day” is extending Trump’s ...

Nikolai von Bismarck Chop, chop. Renée Zellweger debuted a chic pixie haircut on her cover for British Vogue’s February issue, which reunited the “Bridget Jones’s Diary” actress and co ...

Ahead of the Budget, Rachel Reeves was clear: “There won’t be a return to austerity,” the Chancellor told BBC Radio 4’s Today programme. “There will be real-terms increases to government ...