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The Business Standard

Friday
May 16, 2025

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FRIDAY, MAY 16, 2025

Job cuts

A woman wearing a protective face mask walks past a logo of HSBC bank at the financial and business district of La Defense near Paris as France begun a gradual end to a nationwide lockdown due to the coronavirus disease, May 11, 2020/ Reuters
Global Economy

HSBC revives plan to axe 35,000 jobs, memo shows

The bank will also maintain a freeze on almost all external recruitment, Chief Executive Noel Quinn said in the memo sent to the bank's 235,000 staff worldwide

People wearing protective masks walk past a souvenir store on Oxford Street in London, Britain March 14, 2020. REUTERS/Simon Dawson
Global Economy

UK jobless expected to rise to 4.5 million

File photo of Rubana Huq
RMG

Rubana Huq did not announce job cuts: BGMEA

Volkswagen considering more cost cuts to cope with downturn
Global Economy

Volkswagen considering more cost cuts to cope with downturn

FILE PHOTO: The Rolls Royce logo is seen on a car at a Rolls Royce shop at Siam Paragon mall in Bangkok, Thailand June 4, 2017. REUTERS/Jorge Silva
Global Economy

Britain's Rolls-Royce to cut 9,000 jobs amid air travel slump

American Airlines planes sit at their gates while others taxi for arrival and departure at O'Hare International airport in Chicago November 29, 2011/ Reuters
Aviation

US aviation sector cuts more jobs amid travel meltdown

An Airbus A350 is pictured with a Rolls-Royce logo at the Airbus headquarters in Toulouse, France December 4, 2014/ Reuters
Aviation

Rolls-Royce considering cutting up to 15% of its workforce

British Airways planes are seen parked at Bournemouth Airport, as the spread of the coronavirus disease (COVID-19) continues, Bournemouth, Britain, April 1, 2020/ Reuters
Aviation

British Airways set to cut up to 12,000 jobs

FILE PHOTO: Commuters walk through Canary Wharf, as the number of coronavirus cases grow around the world, in London, Britain March 16, 2020. REUTERS/Dylan Martinez/File Photo
Global Economy

Layoffs, closures to wipe out 6.7% working hours worldwide: ILO

Colorized scanning electron micrograph of an apoptotic cell (red) infected with SARS-COV-2 virus particles (yellow), also known as novel coronavirus, isolated from a patient sample. Image captured at the NIAID Integrated Research Facility (IRF) in Fort Detrick, Maryland. National Institute of Allergy and Infectious Diseases, NIH/Handout via Reuters
Coronavirus chronicle

How the coronavirus job cuts played out by sector and demographics

The A2 motorway is seen almost empty during the coronavirus disease (COVID-19) outbreak in Madrid, Spain, March 30, 2020/ Reuters
Coronavirus chronicle

Almost 900,000 Spanish workers lost their job since coronavirus lockdown

Virus-struck aviation to lose over 11k jobs
Aviation

Virus-struck aviation to lose over 11k jobs

A KLM Boeing 747-400, with Tail Number PH-BFA, lands at San Francisco International Airport, San Francisco, California, April 16, 2015/ Reuters
Coronavirus chronicle

Dutch Airlines to slash up to 2,000 jobs because of virus

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