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News

Burberry to cut about 20% of global workforce

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 · 22h · on MSN
Burberry to cut 20% of global workforce, shares jump
Burberry shares surged 18% on Wednesday after the British luxury brand announced plans to shed 1,700 jobs or around a fifth of its global workforce to cut costs to help revive its performance. Burberry is in the early stages of a turnaround effort led by CEO Joshua Schulman,

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 · 1d · on MSN
Burberry plans to cut almost one-fifth of its global workforce
 · 1d · on MSN
Microsoft Reportedly Cutting 3% of Global Workforce
1don MSN
Microsoft to lay off 3% of global workforce — roughly 7K jobs — in shift to develop AI
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop ...
Observer
2d
The GenAI Advantage: Who Benefits Most in the Global Workforce?
The global workforce isn’t being replaced by A.I.—it’s being reconfigured by it. In this incisive analysis, Michael Wade and ...
1don MSN
Microsoft layoffs today: Tech giant cuts around 6,000 jobs, nearly 3% of workforce, including at LinkedIn
Microsoft's latest layoffs, which include jobs at LinkedIn, come weeks after it reported upbeat earnings and guidance after ...
The New York Sun
1d
Burberry Is Slashing Workforce as Luxury Market Faces Extended Downturn
Rivals LVMH, which owns Louis Vuitton, and Gucci owner Kering have also recently reported lower earnings. Mr. Funk was the ...

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