Almost 9% of UK government spending on contractors (c. £24.4bn) went to private equity-controlled companies in 2025, raising concerns over profit-driven management of public services like healthcare, transport, and waste management
Volkswagen is reportedly planning to cut up to 100,000 jobs and reduce or stop production at some German plants, including Audi and VW sites. The move, aimed at cutting €11bn in costs, comes as the carmaker faces intense competition from Chinese EV rivals and struggles with its transition from combustion engines.
Volkswagen is reportedly planning to cut up to 100,000 jobs and close four German factories, doubling previous staff reduction announcements, amid intense competition from Chinese EV makers and challenges in its electric transition.
Over 100,000 tech jobs lost in 2026, with companies like Intel, LinkedIn, and Meta cutting staff while investing $725 billion in AI, shifting demand towards AI-fluent engineers
Disney is preparing to lay off approximately 1,000 employees, largely within its marketing division, as part of an ongoing cost-cutting strategy following the leadership transition to CEO Josh D'Amaro.
