Job cuts

Drax Informs UK Staff of Up to 150 Job Cuts

Drax has notified its UK staff of plans to cut up to 150 jobs at its UK power stations. This move is part of the company's restructuring plan, affecting bot…

Canada

Railroad Operator Canadian National Lays off 400 Managers

Canadian National Railway (CNR.TO) has laid off around 400 management employees across its offices in Canada and the United States, according to a report by the…

Deeper ExxonMobil Job Cuts Planned

ExxonMobil is planning to lay off more workers in response to the fall in global energy demand.

Oil & Gas Trade

Shale Job Losses Accelerating and the Worst May be Yet to Come

Roughneck job cuts accelerated in July and the outlook may worsen as new Covid-19 cases stifle economic activity, according to the Petroleum Equipment and Servi…

EV Market

Shift to Electric Vehicles Could Cost 410,000 Jobs in Germany by 2030

In engines and transmissions' production alone, around 88,000 jobs will be at risk, the newspaper said, citing a report by the National Platform for the Future …