London CNN — German tabloid newspaper Bild plans to cut hundreds of jobs as it scales back its regional operations this year — and ramps up its use of artificial intelligence in preparation for a digital-only future. Axel Springer, which publishes Germany’s biggest-selling daily newspaper, told employees in an email Tuesday that the newspaper would...
Tag: personnel changes
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5,000 GM salaried staff took buyouts | CNN Business
New York CNN — About 5,000 General Motors white collar employees have taken buyouts, according to GM CFO Paul Jacobson. Jacobson, speaking at an investor conference in New York on Tuesday, disclosed the number of employees who have taken package offered last month. He said that the company will take about a $1 billion charge...
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Google workers in London stage walkout over job cuts | CNN Business
Reuters — Hundreds of Google employees staged a walkout at the company’s London offices on Tuesday, following a dispute over layoffs. In January, Google’s parent company Alphabet announced it was laying off 12,000 employees worldwide, equivalent to 6% of its global workforce. The move came amid a wave of job cuts across corporate America, particularly...