Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive – roughly 1,600 employees, including 1,000 positions at its factory in Skellefteå ~finance business Article 13 votes
Swedish battery company Northvolt has announced it would be laying off a large part of its workforce and selling or consolidating several sites as the electric vehicle market slows down ~transport Article 525 words 11 votes
Health care workers say 'moral injury ' is more accurate than burnout in the face of severe cost cutting ~health healthcare Article 1410 words 16 votes
Spotify is the world's biggest music streamer but rarely turns a profit and just cut 17% of its workforce – its business model looks increasingly precarious ~tech Article 411 words 59 votes
Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs ~tech Article 8 votes
Reddit CEO praises Elon Musk’s cost-cutting at Twitter, as protests continue to rock Reddit ~tech social media Article 928 words 105 votes
Spotify said Monday that it will cut 6% of its workforce to reduce costs – CEO Daniel Ek took full responsibility for the job cuts, which he called “difficult but necessary” ~finance business Article 326 words 8 votes
‘Batgirl’ and ‘Scoob!: Holiday Haunt’ scrapped at Warner Bros. amid cost-savings push ~movies Article 258 words 14 votes
‘It’s going to end up like Boeing’: How freight rail is courting catastrophe ~transport Article 3318 words 11 votes
Finnish telecoms giant Nokia is to axe between 5,000 and 10,000 jobs worldwide in the next two years as it cuts costs ~tech Article 7 votes