Starbucks to close stores, cut jobs
Digest more
CEO, Eric Schmidt, said working from home can stunt learning, and "work-life balance" can make companies less competitive.
In Waiblingen, Bosch plans to close a 560-person plant that produces connectors for the auto industry by 2028 after years of shrinking volumes. In Bühl, a hub for small electric drives, the company expects to cut about 1,550 jobs, while roughly 1,250 positions will disappear in Homburg, where diesel truck parts still dominate output.
Brown University eliminated 103 positions following federal budget pressures and a student's exposé of unnecessary administrative staff at the university.
Kyoto, Japan-based Nidec Motor Corp. on Wednesday (Sept. 24) ceremonially broke ground on a $19 million expansion of its Mena, Ark., facility that is expected to add 35 jobs
Citigroup Inc. has moved close to 1,000 tech jobs to India’s business support centers following cuts to its workforce in China, according to people familiar with the matter.