Nissan is preparing to slash thousands of jobs across Europe under sweeping restructuring plans, in a fresh blow to the struggling Japanese carmaker as it battles weakening demand and the costly shift to electric vehicles.
The majority of the proposed cuts are expected to fall within the retailer's technology and data division, with Sainsbury's indicating that roles may be selected based on efficiency needs, strategic priorities, and fairness criteria. However, specific criteria and processes have not yet been disclosed, and the company plans to provide further details during consultations.
During my tenure, difficult decisions have been taken in order to ensure the sustainable future of The Post so it can for many years ahead publish high-quality nonpartisan news to millions of customers each day,
The monthly purchasing managers' index showed employment numbers fell more sharply in January compared with December, continuing a trend that started in October 2024. The PMI survey, which is considered to be one of the most reliable indicators of how a sector is performing, said this was the longest period of job shedding in the UK services sector in 16 years, with firms also choosing not to replace voluntary leavers.