Job Cuts News 16 October 2025

Allianz SE Stock Today (27 November 2025): Share Price Dips as AI Job Cuts and Profit Boom Collide

Allianz SE’s share price is easing off recent highs today, 27 November 2025, as investors digest headlines about significant AI‑driven job cuts at its travel insurance unit, fresh profit growth in Malaysia, and new valuation commentary after a strong year‑to‑date

27 November 2025

Verizon Stock Takes a Hit: Analyst Downgrade and CEO Shake-Up Rattle Investors

Verizon Stock Today: VZ Dips as New CEO Unveils 13,000 Job Cuts and Major Restructuring (Nov. 20, 2025)

Verizon Communications (NYSE: VZ) stock traded slightly lower on Thursday after new CEO Dan Schulman announced the company’s largest-ever round of layoffs — more than 13,000 jobs — alongside a sweeping restructuring designed to “reorient” the telecom giant around customer

20 November 2025

CEO Updates · Corporate Restructuring · Job Cuts · NYSE:VZ · Stock Market · Verizon News

Verizon to Cut About 15,000 Jobs as New CEO Dan Schulman Accelerates Restructuring—Retail Franchising and Management Layoffs Could Begin Next Week

Published: November 13, 2025 Verizon Communications is preparing its largest workforce reduction on record, planning to eliminate roughly 15,000 positions—about 15% of its staff—as part of a sweeping restructuring under newly appointed Chief Executive Dan Schulman. The move is aimed

13 November 2025

Business News · Corporate Restructuring · Executive Leadership · Job Cuts · NYSE:VZ · Telecom Industry

JELD‑WEN to cut 850 jobs and trims 2025 outlook after deep Q3 loss; Europe business under strategic review

Date: Nov. 6, 2025 Key takeaways What’s new today (Nov. 6) Following Monday’s earnings release, JELD‑WEN confirmed it will shed ~850 positions across North America and corporate functions and is reviewing strategic alternatives for its Europe segment. The workforce actions,

6 November 2025

Business News · Financial Results · Job Cuts · Manufacturing Industry · Market Outlook · NYSE:JELD

GM Stock Skyrockets 7% as Earnings Beat, EV Strategy U-Turn Fuel Rally

GM Slashes 1,700 EV Jobs, Cites Trump Policy Shift – Investors Cheer Cost Cuts

GM Hits Brakes on EV Production, Axes Jobs in Michigan and Ohio General Motors confirmed sweeping layoffs this week across its electric vehicle operations in Michigan, Ohio and Tennessee, marking one of the auto industry’s starkest retreats from aggressive EV

29 October 2025

Auto Industry · Corporate Strategy · Electric Vehicles · Job Cuts · NYSE:GM · US Politics

Target Shocks Workers: 1,000 HQ Jobs Cut Before Christmas – Retail Giant’s Woes Deepen

Layoffs Details & Rationale Target announced on Oct. 23 that its Twin Cities headquarters will shed about 1,000 corporate positions and close another 800 open jobs axios.com foxbusiness.com. About 80% of the cuts are U.S.-based, mostly managers foxbusiness.com. The company

24 October 2025

Business News · Corporate Layoffs · Economic Trends · Job Cuts · NYSE:TGT · Retail Industry

Meta’s AI Shake-up: 600 Jobs Axed as Zuckerberg Doubles Down on “Superintelligence”

Leaner AI Team, Same Big AI Bet Meta’s parent company (Nasdaq: META) quietly confirmed on Oct. 22 that it is “slashing” roughly 600 jobs from its superintelligence-focused AI unit reuters.com timesofindia.indiatimes.com. Axios first reported the cuts via an internal memo,

23 October 2025

Artificial Intelligence · Job Cuts · Meta · NASDAQ:META · Superintelligence · Tech Industry

Nestlé Shares Soar 8% on Surprise Q3 Sales, 16,000-Job Cut Plan – What’s Next?

Sources: Nestlé Q3 2025 results and stock news from Bloomberg/Swissinfo swissinfo.ch swissinfo.ch; Reuters coverage reuters.com reuters.com; analyst comments from Vontobel and RBC via Bloomberg swissinfo.ch swissinfo.ch; forecasts from TipRanks and RBC tipranks.com investing.com; sector data from Nasdaq/Zacks nasdaq.com nasdaq.com; SNB

16 October 2025

Business News · Corporate Strategy · Financial Results · Job Cuts · Stock Market

Job Cuts News 16 October 2025 - 27 November 2025