Business ❯ Corporate Strategy ❯ Restructuring ❯ Workforce Management

Job Cuts

UPS, Teamsters Strike Deal Limiting Driver Buyouts to 7,500

The settlement protects seniority by barring other severance through 2028.

P&G Posts Mixed Quarter: Sales Miss, EPS Beats, Guidance Intact as Cost Cuts Roll Out

Target Lowers Outlook After Third Straight Sales Drop, Plans $1 Billion in Store Upgrades

Verizon Prepares 15,000 Job Cuts and Store Franchising in Cost Overhaul

German Carmakers Stumble in Q3 as Mercedes Profit Falls and VW Swings to Loss

Nestlé to Cut 16,000 Jobs in Two-Year Overhaul Under New CEO

Lilly’s Orforglipron Pill Hits Phase 3 Goals and Outperforms Oral Semaglutide in Diabetes Study

Novo Nordisk to Cut 9,000 Jobs in Global Restructuring

Nike Trims Corporate Ranks by Under 1% as Sport-Focused Reorg Takes Hold

Procter & Gamble to Cut 7,000 Jobs in Two-Year Restructuring

Panasonic Announces 10,000 Job Cuts in Global Restructuring

ZF Friedrichshafen Reports €1 Billion Loss as Restructuring Intensifies

Volkswagen and Porsche Grapple with Declining Profits and Strategic Challenges

Workday Cuts 1,750 Jobs to Focus on AI Investments