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Sunday, April 26, 2020

Airbus survival at stake without immediate action: CEO memo

Airbus Chief Executive Guillaume Faury has told the European planemaker's 135,000 staff to brace for potentially deeper job cuts after warning its survival is at stake without immediate action to save cash amid the coronavirus crisis.


from Reuters: Business News https://ift.tt/2VCFvh0

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UPS to cut 30,000 jobs as it moves away from Amazon

The parcel delivery giant says it is cutting back on low-profit deliveries for the online retailer. from BBC News https://ift.tt/gQ6waOd