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Signify announces 900 global job cuts to save €180M as world's largest lighting maker reports disappointing 2025 results. Stock falls 15% — worst day since IPO.
Gartner predicts 50% of companies that cut jobs for AI will rehire by 2027. With 55% of employers already regretting layoffs, the AI hiring reversal is underway.
Group 1 Automotive plans further UK job cuts and showroom closures in 2026 despite record $22.6B revenue. All 10 JLR sites closing by 2027.
Japan's 2025 jobless rate steady at 2.5% as labor force hits record 70 million. Women and seniors drive employment gains amid demographic decline.
Campbell's closes iconic Cape Cod chips factory in Hyannis, eliminating 49 jobs. Brand founded on Cape in 1980 will no longer be made there.
Dow eliminates 4,500 roles in $2B restructuring push. Chemical giant bets on AI after $2.4B annual loss as layoffs sweep corporate America.
Walmart promotes 3,000 pharmacy workers to team leads with up to 86% pay increase. No degree required and certification is free.
Amazon cuts 30,000 jobs while pouring $125B into AI infrastructure. What this means for workers and the tech industry.
Home Depot eliminates 800 corporate positions and mandates five-day office return by April 6 as housing market freeze squeezes sales and 30% of companies end remote work.
Sainsbury's raises hourly pay 5% to £13.23 nationally starting March 2026, marking 42% wage growth over five years for 118,000 employees following strong Christmas sales.
Ocean City job fair February 21 offers free access to lifeguard, police, bus driver, and public works positions at Roland E. Powell Convention Center from 9 a.m. to noon.
Pinterest slashes 15% of its 5,200-strong workforce citing AI transformation. The $35M-$45M restructuring eliminates 780 jobs as stock falls 9% on investor concerns.
