Sack Archives — City Business News

November 4, 2023 No Responses

Maersk To Sack 10,000 Workers

Danish container shipping giant, A.P. Moller-Maersk has revealed further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the contain...

November 1, 2022 No Responses

Edo Sacks Commissioner For Roads, Bridges

The Edo State Government has announced the removal of the Commissioner for Roads and Bridges, Engr. Newton Okojie. In a statement sent to City Business News, the Commissioner for Communication and Orientation, Mr. Chris Osa Nehikhare, said “The Hon. commissi...

February 18, 2021 No Responses

Jaguar Land Rover To Sack 2,000 Workers

The management of Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 203...

January 12, 2021 No Responses

Court Nullifies Sack Of Tribune Staff

The National Industrial Court in Ibadan, on Monday nullified the sack of Mr Kareem Popoola, a staff of African Newspaper of Nigeria PLC, Publisher of Nigerian Tribune titles, by the company . Popoola, a former President of staff cooperative society...

January 9, 2021 No Responses

Michelin To Sack 2,300 Workers

French tyre maker, Michelin, has announced plans to cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this would not involve layoffs nor plant closures.The job cuts equate ...

August 5, 2020 No Responses

Bristow Helicopters Sacks 100 Pilots, Engineers

Bristow Helicopters on Tuesday announced the sack of over 100 pilots and engineers. Bristow in a statement signed by its management explained that the development is based on the severe impact of COVID-19, adding that its business has been affected...

July 9, 2020 No Responses

DHL To Sack 2,200 Workers At Jaguar Land Rover Factories

German logistics company, DHL plans to cut as many as 2,200 jobs of U.K-based workers at Jaguar Land Rover factories, the Unite trade union has said.The job cuts comprise just under 40% of the entire DHL workforce on the contract, the union said.DHL...

May 30, 2020 No Responses

Renault Sacks 15,000 Workers

French carmaker, Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in...

May 7, 2020 No Responses

Uber Sacks 3,700 Full-Time Staff

Uber has announced plans to cut 3,700 full-time staff – about 14% of its workforce – as business plunges following pandemic shutdowns. Chief executive Dara Khosrowshahi will also waive his base salary – set at $1m (£809,690) in 2019 –....

May 6, 2020 No Responses

NUPENG, PENGASSAN Caution Oil Firms Against Sack Of Workers

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Tuesday warned against what it described as any attempt by multinational and indigenous Oil and Gas Companies....

November 28, 2019 No Responses

Audi To Sack 9,500 Workers

Volkswagen AG’s premium Audi brand plans to cut 9,500 jobs in Germany as part of a sweeping overhaul to improve earnings by around 6 billion euros ($6.61 billion) over the next decade. The positions will be culled through voluntary measures...

November 10, 2019 No Responses

Daimler To Sack 1,100 Senior Management Staff

Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung has said, citing a newsletter circulated by the company’s works council. According to Agency Report, a spokesman for Daimler’s ...

July 26, 2019 No Responses

Nissan To Sack 10,000 Workers

Nissan plans to cut more than 10,000 jobs globally, according to Japanese media reports. The move comes as a part of company’s path of turning around its business and indicates tough road ahead with management upheaval. In May, the company...