As many as 8,000 jobs are set to go at Bank of America's consumer arm as the digital banking revolution reduces the need for staff and bank tellers.
Oil and Gas UK claims a large number of workers in the industry and those that rely on the sector have lost their jobs due to the prolonged crude rout.
Shares of SodaStream gained after reports that Keurig was discontinuing its Kold product line and laying off employees.
U.S.-based employers announced the fewest layoffs in five months in May as job cutting fell significantly across several sectors.
London Stock Exchange Group said its planned $30 billion merger with German rival Deutsche Boerse could result in 1,250 job cuts across the combined group.
After deep cuts at big banks to begin 2016, there’s a hint of optimism in executives’ tone.
The oil and gas giant is now planning to increase the number of layoffs by 20-percent.
The software giant announces another round of layoffs as smartphone sales continue to fall.
Europe's largest bank aims to cut a total of 8-thousand jobs in Britain by the end of 2017 as part of its restructuring efforts.
Construction company Saudi Binladin, founded by Osama bin Laden's father, reportedly laid off 50,000 staff, as cheap oil spurs government spending cuts.
As companies announce layoffs in conjunction with earnings, investors should pay more attention to revenue, according to one expert.
The oilfield-services company disclosed it cut six thousand jobs in the quarter ended March 31.
Halliburton said it cut more than 6,000 jobs in the first quarter and said it would hold its earnings conference call on May 3 instead of April 25.
JPMorgan Chase has cut 30 jobs, or 5 percent of its headcount, at its Asia wealth management business, a source with knowledge of the matter said.
Japan's biggest brokerage will slash up to 600 jobs in Europe amd the Americas to focus on its core business.
L Brands plans to restructure its lingerie brand into three units.
Martin Wolf of the Financial Times, discusses how advances in banking technology could prompt huge layoff in the industry. Also Wolf shares his thoughts on the "Brexit" debate.
U.S. employers announced fewer layoffs in March than during the previous month, but job cuts in the first quarter, the Challenger jobs report says.
The planemaker will reduce its workforce in its commercial airplanes business.
PetroChina is “substantially overstaffed,” said Bernstein’s senior oil and gas analyst, Neil Beveridge.