Burberry is aiming to slash 18% of its global workforce by 2027 as it looks for ways to cut costs and revive its ailing business.

Burberry has warned it could shed 1,700 jobs, about 18 per cent of its global workforce, by 2027 as the UK luxury brand ...

Microsoft cuts 7,000 jobs to prioritize AI investments. Layoffs impact LinkedIn, Xbox, and global offices as company ...

Microsoft is laying off 6,000 employees in 2025, focusing on AI growth and cutting management layers despite strong earnings.

Australian staff at global tech giant Microsoft are nervously waiting to find out if they will be among about 90 staff likely ...

British luxury fashion label Burberry said Wednesday it could shed almost one-fifth of its global workforce over two years to ...

This latest restructuring comes shortly after Microsoft delivered strong financial results, particularly in its cloud ...

Microsoft announced that it has drastically decreased its global workforce by laying off approximately 6,000 workers, or 3% ...

Italian luxury group Salvatore Ferragamo reported on Wednesday a 1% decline in sales at constant exchange rates for the first ...

Results from Walmart , a bellwether for the U.S. retail industry, will offer proof on Thursday why the Arkansas behemoth is ...

Burberry plans to eliminate 1,700 jobs or around a fifth of its global workforce within two years, it announced on Wednesday, ...

The expected growth in the nuclear workforce globally signals new opportunities rather than shortages, writes James ...