Description
Added on the 29/05/2020 14:00:00 - Copyright : EFE Inglés
French agro-food giant Danone, badly hit by the Covid-19 pandemic, announces that it wants to cut up to 2,000 jobs at its headquarters in France and abroad. IMAGES of Danone France HQ
Cisco Systems is laying off about 14,000 employees, nearly twenty percent of its global workforce, according to sources close to the company. Bobbi Rebell reports.
Japan's Toshiba Corp is to cut nearly 7,000 consumer electronics jobs after a $1.3 billion accounting scandal. As Hayley Platt reports the overhaul is designed to streamline the sprawling conglomerate into a company focused on chips and nuclear energy.
Deutsche Bank is slashing 15,000 jobs and shedding assets as new Chief Executive John Cryan starts to implement a deep overhaul at Germany's biggest bank. As Ciara Lee reports it's not the only bank struggling to restructure.