Egypt Ezine

Tag : restructuring

Germany’s Commerzbank announces 3,900 job cuts as part of new plan
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Germany’s Commerzbank announces 3,900 job cuts as part of new plan

egyptezine.com
Commerzbank will cut 3,900 jobs by 2028 while targeting a €2.4B profit in 2025, as part of a restructuring plan amid speculation over UniCredit’s increasing stake....
Meta lays off 3,600 employees as tech sector job cuts continue
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Meta lays off 3,600 employees as tech sector job cuts continue

egyptezine.com
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The layoffs, focused on “low performers,” impact multiple regions but exclude some EU countries....