Tough times ahead as multinationals are cutting jobs in Kenya to cut costs and stay afloat. The world’s biggest companies are implementing major restructuring plans by laying off thousands of workers, ...
Tylenol maker Kenvue has said that Johnson & Johnson will sell its remaining 9.5% stake in the company, about a year after the healthcare conglomerate spun off and listed its consumer health business.
Midland, MI, Apr. 30--Moving forward with a long-term cost reduction plan, Dow Chemical Co. said Thursday it would cut 3,000 jobs globally this year. The announcement came as the company posted a ...
As part of a global cost-cutting plan, Nike now also has announced job cuts in Europe, mainly at its European headquarters in ...
Jobs website Indeed is to cut 1,000 jobs globally, around 8% of its workforce. It is not yet known how many jobs will go at the company's Irish operation which employs more than 1,200 people.
, opens new tab announced on Tuesday that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. and Canada-based remote workforce to three offices, a ...
Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10 percent and predicted the trend will get worse throughout its current ...
Kenvue made its market debut through an initial public offering (IPO) in May 2023. Johnson & Johnson initially sold 172.8 million shares of the business, raising $3.8 billion U.S. in the process.
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed the layoffs and relocations in a memo ...
Microsoft is to begin another round of job cuts, with most falling on its Azure cloud unit and mixed reality division. The cuts are likely to affect more than 1,000 employees, according to a ...
SKILLMAN, N.J. - Kenvue Inc . (NYSE: NYSE:KVUE), a leading consumer health company, announced the initiation of a secondary underwritten public offering of 182,329,550 shares of its common stock today ...