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Lufthansa unit Swiss could announce more job cuts: CEO

Last October, Swiss announced 1,000 job cuts through attrition over two years. The company has about 9,000 staff

Twitter cuts nine per cent of workforce as revenue growth slows

NEW YORK, UNITED STATES: Twitter Inc reported a sharp slowdown in quarterly revenue growth on Thursday and said it would cut nine per cent...

Air France executive ‘almost lynched’ in job cut protests

PARIS: Air France's human resources manager had his shirt stripped from his body as he was "almost lynched" on Monday by workers protesting a plan to cut 2,900 jobs from the struggling airline.

Scandal-hit global bank plans thousands of job cuts: report

LONDON: Scandal-hit global bank HSBC plans to cut thousands of jobs across its global operations, broadcaster Sky News reported on Tuesday.

eBay to cut 2,400 jobs

NEW YORK: Online retail giant eBay will slash 2,400 jobs -- seven percent of its workforce -- in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said Wednesday.

Coca-Cola to cut 1,600-1,800 jobs

NEW YORK: US soda giant Coca-Cola plans to cut 1,600-1,800 jobs in a cost-saving move, a spokeswoman said Thursday.

World Bank to cut net 250 jobs

WASHINGTON: World Bank President Jim Yong Kim announced a net 250 job cuts Thursday -- the first major job reductions under his reorganization plans at the bulked-up development bank.

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