Dow Inc.
In a sweeping move to combat a "lower-for-longer" earnings environment, Dow Inc. (NYSE: DOW) announced on January 29, 2026, a massive global restructuring initiative titled "Transform to Outperform." The plan includes the elimination of approximately 4,500 jobs—roughly 13% of the company’s global workforce—
Victoria
Melbourne, Victoria – In a decisive move to rein in burgeoning state debt and streamline operations, the Victorian government today announced plans to cut 1,000 public service jobs, including over 300 executive positions. This significant restructuring, effective immediately, signals a new era of fiscal austerity for the state and is
MarketMinute
The U.S. labor market delivered an unexpected jolt to the economy last month, as small businesses, the traditional engine of job creation, shed a staggering 120,000 positions in November 2025. This significant contraction, revealed in the latest ADP National Employment Report, has immediately amplified concerns about a decelerating
Harbour Energy
London, UK – December 1, 2025 – Harbour Energy (LSE: HBR), the UK's largest oil and gas producer, today announced a further reduction of approximately 100 offshore North Sea jobs. This latest round of redundancies is a direct consequence, according to the company, of the persistent and impactful Energy Profits
MarketMinute
Exxon Mobil Corporation (NYSE: XOM) has embarked on a significant global restructuring, announcing approximately 2,000 job cuts—representing 3-4% of its global workforce—alongside a major operational overhaul. These decisive actions, occurring in late September and early October 2025, are part of a long-term strategy to enhance operational efficiency,
Oil and Gas
The global oil and gas industry is currently in the throes of a significant upheaval, marked by widespread job cuts across major companies. This sweeping workforce reduction, impacting tens of thousands of employees in 2024 and 2025, is a direct response to a sustained period of lower commodity prices and
Accenture
Dublin, Ireland – September 25, 2025 – Global professional services giant Accenture (NYSE: ACN) is undertaking a significant strategic overhaul, recalibrating its approach to Artificial Intelligence (AI) in response to what it describes as "underwhelming" returns from initial AI investments. This bold pivot includes substantial workforce restructuring, marked by both