Job cuts

At least 10 ANZ senior bankers in Hong Kong, Singapore and Australia to exit in revamp

An ANZ branch in Sydney. Its first-half profit surpassed analysts’ estimate on signs of improvement with the bank’s overhaul.

France’s top-selling newspaper to slash jobs

The new plan will include 116 job cuts in the newsroom, sources told AFP on Sept 23

Singapore’s labour market has a new vulnerable group – credentialled workers

Many PMETs and degree holders have been getting retrenched and many don’t find it easy to land new jobs, says the writer.

Car giant Volkswagen says cutting 100,000 jobs by end of decade

Hit by US tariffs, patchy demand for electric cars and fierce competition in and from China, Europe’s largest carmaker, Volkswagen, is in trouble.

Singapore-based ore trader Radiant World lays off staff as lenders back away, sources say

Radiant employs more than 100 people, according to its website.

AI is boosting UK productivity and harming jobs, says Bank of England

Bank of England governor Andrew Bailey said that AI has the potential to break the economy out of its prolonged period of weak growth.

Britain in longest job slump since financial crisis, PMI shows

While the pace of job losses eased slightly in July, the length of the downturn in the services sector now matches that seen during the 2008-09 financial crash.

FalconX cuts 10% of jobs amid crypto slump, including half of Singapore staff: Sources

FalconX is the latest crypto company to trim its workforce, following Crypto.com, Coinbase Global and Gemini Space Station, as the industry faces a prolonged bear market.

Oil giant BP to cut 700 jobs globally as it simplifies company, internal e-mail shows

Thousands of Audi workers protest over threatened plant closure

Workers gather to protest at Audi's car plant, one of the facilities threatened with possible closure as part of restructuring plans by parent company Volkswagen in Neckarsulm, Germany, July 29, 2026.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.