Latest news with #jobcut
Auto Car
30-06-2025
- Automotive
- Auto Car
Nissan will cut 250 jobs at its Sunderland factory
Close Nissan will cut around 250 jobs at its Sunderland factory as it looks to 'support future competitiveness' following a difficult 2025. This will be part of a voluntary redundancy scheme, Nissan has confirmed, and will not affect manufacturing staff. Some 6000 people are employed at the plant which builds the Qashqai and Juke. The new Leaf will also be built there, as will the electric Juke from next year, following more than £2billion of investment. A Nissan spokesperson said: 'In order to support future competitiveness, this week we are beginning discussions with some of our team in Sunderland about the opportunity to voluntarily leave Nissan, with support from the company.
CNA
30-06-2025
- Business
- CNA
TomTom to cut 300 jobs amid AI shift
Dutch location technology company TomTom said on Monday it would cut 300 jobs as it realigns its organization and embraces artificial intelligence as part of its product-led strategy. The group said the staff reductions concern its units working on the application layer, as well as sales and support functions.
Yahoo
30-06-2025
- Business
- Yahoo
TomTom to cut 300 jobs amid AI shift
(Reuters) -Dutch location technology company TomTom said on Monday it would cut 300 jobs as it realigns its organization and embraces artificial intelligence as part of its product-led strategy. The group said the staff reductions concern its units working on the application layer, as well as sales and support functions.
Reuters
30-06-2025
- Business
- Reuters
TomTom to cut 300 jobs amid AI shift
June 30 (Reuters) - Dutch location technology company TomTom ( opens new tab said on Monday it would cut 300 jobs as it realigns its organization and embraces artificial intelligence as part of its product-led strategy. The group said the staff reductions concern its units working on the application layer, as well as sales and support functions.
Malay Mail
07-06-2025
- Business
- Malay Mail
DPM Fadillah: Petronas job cuts unrelated to Petros appointment as sole gas aggregator
KUCHING, June 7 — Petroliam Nasional Berhad's (Petronas) decision to cut over 5,000 jobs, along with a freeze on all promotions and recruitment until December 2026, is unrelated to the recent recognition of Petroleum Sarawak Berhad (Petros) as Sarawak's sole gas aggregator. Deputy Prime Minister Datuk Seri Fadillah Yusof clarified this when met by reporters at the Majlis Ibadah Korban held at Masjid Darul Husni Warrahmah here today. 'No, it has nothing to do with that. It is actually due to the global situation, particularly the decline and fluctuation in oil prices,' he said. Petronas had earlier stated that its internal budgeting was based on Brent crude prices averaging between US$75 and US$80 per barrel. However, the global benchmark has since fallen and is currently hovering around US$65 per barrel. 'Even for Petronas to remain sustainable, oil prices must be above US$60 per barrel. That is why they have to re-evaluate their position,' Fadillah added. — The Borneo Post
