The company is laying off workers after its big contract payoff to the union.

Many of Costco Wholesale's employees in the U.S. are getting a raise. The retailer raised by $1 the pay of its top-of-scale employees, with clerks now set to make to $31.90 per hour and assistants' to ...

Dow Inc. announced a cost-cutting plan that includes eliminating about 1,500 positions in its global operations.

Michigan-based Dow Inc. has announced 1,500 people will be laid off as part of a plan to “deliver $1 billion in cost savings.

The move is part of the company's plan to address a rocky operating environment, including high inflation and geopolitical uncertainty.

Workers in Germany's manufacturing sector, where output is a long way from its prepandemic peak, appear to be bearing the brunt. Major industrial firms such as Thyssenkrupp and Bosch have said in ...

Prices have likely climbed on a swift move from investors to safety due to Trump tariff threats, rising geopolitical tensions and U.S. government debt, and fear of a potential tech rout that could ...

Packaging Corporation of America and RR Donnelley also gave notice of upcoming packaging-related closures and layoffs.

The American chemical company Dow Chemical is cutting 1,500 jobs, reducing its staff by 4 percent, the company announced on ...