Airbus to Cut 2,500 Jobs in Defence and Space Amid Financial Struggles
Airbus, the European aerospace giant, has announced plans to cut up to 2,500 jobs in its Defence and Space division as it grapples with a challenging business environment. The company attributed the job cuts, which will impact 7% of the division's workforce, to difficulties in its satellite segment and broader defense operations.
Deloitte cuts 250 UK jobs amid slowdown for consulting giants
Deloitte has axed 250 jobs in the UK, in the latest round of cuts among the so-called Big Four accountancy and consulting firms.The move affects about 1% of Deloitte’s UK workforce, and is thought to target people at the company who are seen as under-performing.A person familiar with the matter said the cuts are part of a “performance management” process at the company.They added that those affected have “received appropriate payments for notice”.The Big Four, which also includes EY, KPMG and PwC, hired aggressively during the Covid-19 pandemic amid a sharp rise in deals and demand for their services.However,...
Independent Health cuts 66 Buffalo jobs
BUFFALO, N.Y. — Independent Health is cutting 66 jobs across its operation in a cost-saving measure. The workforce realignment, being announced Oct. 17, follows a comprehensive review at the Amherst-based health plan in response to ongoing financial pressures. According to an internal memo with talking points for its workforce...