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Category: laying

  • Carrefour laying off 200 – Globes

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    Investor Empires

    Supermarket chain Carrefour Israel has told 200 of its employees to hold a hearing before being fired. The company, which has 4,000 employees, says this is a routine process after a professional assessment. The layoffs at Carrefour come two weeks after the head of the chain’s employee committee, Eyal Eli,…

  • Fintech co BlueVine laying off 30 in Israel

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    Investor Empires

    Israeli-American financial technology company Bluefin It lays off 100 employees, including 30 in Israel. The business banking and solutions company currently has 500 employees worldwide, meaning the layoffs represent 20% of the workforce. The 20% figure also applies to the Israel Development Center, which has 150 employees. “It’s obviously a…

  • Boeing to slash 10% of workforce, laying off 17,000 employees

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    Investor Empires

    Boeing announced Friday that it plans to lay off about 17,000 employees, or about 10% of its workforce, as it faces a dismal third-quarter earnings report and ongoing damage from striking workers. Boeing’s new CEO, Kelly Ortberg, shared the news in a letter with employees Friday afternoon after the company…

  • GM to begin laying off about 1,700 workers at Kansas plant, WARN notice shows By Reuters

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    Investor Empires

    (Reuters) – General Motors Co said it will begin laying off 1,695 workers at its Fairfax, Kansas, assembly plant in a reshuffle and training notice earlier this week. The first two rounds of layoffs will begin Nov. 18 and will include the temporary layoff of 686 full-time workers and the…

  • Burberry is reportedly laying off hundreds of employees amid huge stock selloff

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    Investor Empires

    British fashion company Burberry Group PLC is expected to cut hundreds of jobs, most of them in the UK, after a sharp fall in its share price, The Telegraph reported. The newspaper reported that employees were informed during a Zoom meeting in late June, where those affected were told that…

  • Moovit laying off 10% of workforce

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    Investor Empires

    Israel trip planning application Moovit This evening employees reported a wave of layoffs. There will be layoffs across all departments of up to 20-25 employees, which represents 10% of the company’s 225 employees. This is the first round of layoffs at Moovit since the company was sold to Intel in…