Tag: job

  • Virgin Galactic Rises On Space Tourism Revenue, Job Cuts

    Virgin Galactic is spinning into a new orbit in the ever-dazzling world of commercial space travel with daring decisions like laying off 18% of its staff and pausing space flights starting in mid-2024. This intergalactic makeover is a calculated dance towards the future, with their next-generation Delta spaceplane taking center stage. It’s not just about…

  • Citigroup’s Management Contemplating Major Job Cuts in Ongoing Reorganization

    Citigroup (C.N), one of the world’s leading financial institutions, is reportedly considering job cuts of at least 10% in several of its major business units, CNBC reported, according to sources familiar with the matter. The news comes as the bank continues its extensive reorganization efforts under the leadership of CEO Jane Fraser. What’s happening? Citigroup…

  • Volkswagen plans job cuts, further launch delays at software unit – manager magazin

    One of the top automakers in the world, Volkswagen, has revealed a big change within its Cariad software division. Two thousand jobs will be eliminated by the corporation as part of a larger reorganization strategy. The car industry as a whole as well as Volkswagen’s software initiatives will be greatly impacted by this choice. Credits:…