European companies cut jobs as economy sputters
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작성자 Clyde 작성일 24-11-11 22:40 조회 3 댓글 0본문
Aug 27 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs.
Here are some of the layoffs announced since the start of April:
BANKS
* TSB: The British bank owned by Spain's Sabadell is seeking 250 job cuts, its spokesperson and employee union said on May 8.
INDUSTRIALS AND ENGINEERING
* PKP CARGO: Poland's largest freight company plans to lay off 30% of staff, it said on July 3.
* THYSSENKRUPP: The German submarine-to-steel group said on April 24 it would lay off 450 staff in materials trade division.
* UMICORE: The Belgian metal recycling group plans to cut 14% positions at its German automotive catalysts business by 2027, it said on June 19.
RETAIL AND CONSUMER GOODS
* CASINO: The French supermarket chain said on April 24 it would cut 1,293-3,267 positions to improve its financial situation.
* DYSON: The vacuum cleaner manufacturer will cut about 1,000 jobs in Britain as part of global restructuring.
* UNILEVER: The consumer goods giant plans to cut a third of all office roles in Europe by the end of 2025.
TELECOMS
* VODAFONE SPAIN: The former Vodafone unit that was recently acquired by Zegona Communications plans to cut up to 1,200 jobs, or just over a third of workforce, it said on June 12.
PHARMA
* BAYER: A top Bayer pharmaceutical executive said on June 26 the group would continue slashing managerial jobs this year as part of internal reorganization.
* INDIVIOR: The drugmaker said on July 9 it would cut about 130 jobs following the discontinuation of sales of its schizophrenia drug Perseris.
* NOVARTIS: The Swiss drugmaker will cut up to 680 jobs in its development organisation, it said on April 9.
OTHERS
* BASF: The German chemicals company said on April 11 it was considering layoffs at its Harjavalta site in Finland.
* BP: The oil company has cut more than a tenth of the workforce - over 100 jobs - in its EV charging business, company sources said on April 15. BP did not comment on the exact number of job cuts.
* DEUTSCHE BAHN: The German rail operator said on July 25 it plans to cut 30,000 jobs, or around 9% of staff.
* INFINEON: The German chipmaker will cut 1,400 jobs worldwide and relocate further 1,400 positions to countries with lower labour costs, its CEO said on Aug. 5.
* MANCHESTER UNITED: The English Premier League club is proposing to cut about 250 jobs as part of a club-wide redundancy programme, a source close to the company told Reuters on July 3.
* SIEMENS GAMESA: Siemens Energy's wind turbine division plans to cut 4,100 jobs, or around 15% of workforce, the unit's CEO said in an internal letter to staff seen by Reuters on May 28.
* TAMEDIA: The Swiss media firm said on Aug. 29 it would close two printing works and lay off almost 300 staff in a fresh round of cost-saving measures.
* UPM: The Finnish forestry group said on Aug. 21 it would close a newsprint mill and shut down one fine paper machine in Germany, affecting 338 jobs. It will also close its biocomposites business by the end of 2024, affecting 59 jobs in Finland and 텐텐벳가입코드 Germany, it said on Aug. 26.
Source: Regulatory filings, Reuters articles and company websites (Compiled by Agata Rybska, Louise Breusch Rasmussen, Boleslaw Lasocki, Charlotte Eugenie Yvette Bawol, Olga Sawczuk in Gdansk and Radhika Anilkumar in Bengaluru; Edited by Shounak Dasgupta and Milla Nissi)
Here are some of the layoffs announced since the start of April:
BANKS
* TSB: The British bank owned by Spain's Sabadell is seeking 250 job cuts, its spokesperson and employee union said on May 8.
INDUSTRIALS AND ENGINEERING
* PKP CARGO: Poland's largest freight company plans to lay off 30% of staff, it said on July 3.
* THYSSENKRUPP: The German submarine-to-steel group said on April 24 it would lay off 450 staff in materials trade division.
* UMICORE: The Belgian metal recycling group plans to cut 14% positions at its German automotive catalysts business by 2027, it said on June 19.
RETAIL AND CONSUMER GOODS
* CASINO: The French supermarket chain said on April 24 it would cut 1,293-3,267 positions to improve its financial situation.
* DYSON: The vacuum cleaner manufacturer will cut about 1,000 jobs in Britain as part of global restructuring.
* UNILEVER: The consumer goods giant plans to cut a third of all office roles in Europe by the end of 2025.
TELECOMS
* VODAFONE SPAIN: The former Vodafone unit that was recently acquired by Zegona Communications plans to cut up to 1,200 jobs, or just over a third of workforce, it said on June 12.
PHARMA
* BAYER: A top Bayer pharmaceutical executive said on June 26 the group would continue slashing managerial jobs this year as part of internal reorganization.
* INDIVIOR: The drugmaker said on July 9 it would cut about 130 jobs following the discontinuation of sales of its schizophrenia drug Perseris.
* NOVARTIS: The Swiss drugmaker will cut up to 680 jobs in its development organisation, it said on April 9.
OTHERS
* BASF: The German chemicals company said on April 11 it was considering layoffs at its Harjavalta site in Finland.
* BP: The oil company has cut more than a tenth of the workforce - over 100 jobs - in its EV charging business, company sources said on April 15. BP did not comment on the exact number of job cuts.
* DEUTSCHE BAHN: The German rail operator said on July 25 it plans to cut 30,000 jobs, or around 9% of staff.
* INFINEON: The German chipmaker will cut 1,400 jobs worldwide and relocate further 1,400 positions to countries with lower labour costs, its CEO said on Aug. 5.
* MANCHESTER UNITED: The English Premier League club is proposing to cut about 250 jobs as part of a club-wide redundancy programme, a source close to the company told Reuters on July 3.
* SIEMENS GAMESA: Siemens Energy's wind turbine division plans to cut 4,100 jobs, or around 15% of workforce, the unit's CEO said in an internal letter to staff seen by Reuters on May 28.
* TAMEDIA: The Swiss media firm said on Aug. 29 it would close two printing works and lay off almost 300 staff in a fresh round of cost-saving measures.
* UPM: The Finnish forestry group said on Aug. 21 it would close a newsprint mill and shut down one fine paper machine in Germany, affecting 338 jobs. It will also close its biocomposites business by the end of 2024, affecting 59 jobs in Finland and 텐텐벳가입코드 Germany, it said on Aug. 26.
Source: Regulatory filings, Reuters articles and company websites (Compiled by Agata Rybska, Louise Breusch Rasmussen, Boleslaw Lasocki, Charlotte Eugenie Yvette Bawol, Olga Sawczuk in Gdansk and Radhika Anilkumar in Bengaluru; Edited by Shounak Dasgupta and Milla Nissi)
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