Swiss Glencore to cut down output and jobs. 'These are necessary actions we have to take' says CEO

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Wed, June 4, 2025

[ Wed, Jun 04th ]: BBC

What do we know about Trump's latest travel ban?

[ Wed, Jun 04th ]: WMUR

Trump announces travel ban affecting a dozen countries set to go into effect Monday

[ Wed, Jun 04th ]: CNN

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Trump issues new travel ban covering a dozen countries

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Trump signed proclamation to ban travel from several countries, sources say | CNN Politics

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Trump signs proclamation banning travel from 12 countries, CBS News reports

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[ Wed, Jun 04th ]: Fortune

The GOP's anti-tax guru says tariffs are 'not as good as an income tax'

[ Wed, Jun 04th ]: Fortune

DOJ is dropping its lawsuit against Trump trade adviser Peter Navarro

[ Wed, Jun 04th ]: BBC

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Tue, June 3, 2025

[ Tue, Jun 03rd ]: CNET

PayPal's New Credit Card Offers Interest-Free Financing for Travel. But Watch Out for This Pitfall

[ Tue, Jun 03rd ]: CNN

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[ Tue, Jun 03rd ]: Newsweek

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Students to get travel grants worth hundreds

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11 Products To Help Traveling Dads Improve Their Next Trip

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Solo flyers on some U.S. flights can pay much more than those traveling as a pair, report finds

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China expands travel access as US threatens student visas

[ Mon, Jun 02nd ]: BBC

Revamp of Worcester leisure centres part of five-year plan

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Travel advice as Saltash Tunnel works continue

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Summer Travel On TV: To France!

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Roma management travel to Milan to secure Gasperini's 'yes'

[ Thu, May 29th ]: Fortune

The top savings accounts today earn up to 5% APY. .. high-yield savings account rates of May 26, 2025

Wed, May 28, 2025

[ Wed, May 28th ]: Flightglobal

Sunwing's swan song: WestJet completes integration of leisure carrier's 737s

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[ Wed, May 28th ]: BBC

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[ Wed, May 28th ]: ThePrint

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Europe wants seamless international train travel. Deutsche Bahn says it's getting there

[ Wed, May 28th ]: Billboard

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[ Wed, May 28th ]: Newsweek

US issues travel warning for South Africa

[ Wed, May 28th ]: Vogue

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[ Wed, May 28th ]: Forbes

Can You Learn A Language From An App? Polyglot Travelers Weigh In

[ Wed, May 28th ]: Fortune

Current refi mortgage rates report for May 28, 2025

Tue, May 27, 2025

[ Tue, May 27th ]: AZFamily

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[ Tue, May 27th ]: BroBible

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US, Venezuela each warn citizens against travel to other country

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[ Tue, May 27th ]: Newsweek

New aerospace medicine program to study long-term effects of space travel

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Spokane's outdoor charm earns national spotlight on the Today Show

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Antiquated' Air Traffic Control system put to the test during summer travel season

[ Tue, May 27th ]: Fortune

Southwest Airlines decades-long free checked bags perk ends today

[ Tue, May 27th ]: Forbes

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[ Tue, May 27th ]: KTVU

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[ Tue, May 27th ]: CNN

Canadians are boycotting the US. Are American travelers still welcome in Canada? | CNN

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Mon, May 26, 2025

[ Mon, May 26th ]: KOIN

PDX travelers: No Real ID, no problem so far

[ Mon, May 26th ]: NewsNation

Memorial Day travel expected to set records: AAA

[ Mon, May 26th ]: 13abc

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[ Mon, May 26th ]: Forbes

Memorial Day Flight Delays: Severe Thunderstorms Disrupt Travel At Major Airports

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Central Florida excepting record number of Memorial Day weekend travelers

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BVB boss travels to England to counter Frankfurt's swoop for Bellingham

[ Mon, May 26th ]: Newsweek

Memorial Day travel map: Severe storms hit 7 states

[ Mon, May 26th ]: Fortune

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[ Mon, May 26th ]: ThePrint

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Memorial Day travel on the roads sets new record

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Israeli Ambassador travels to KC Metro to meet with Milgrim family

[ Mon, May 26th ]: Parade

U.S. Issues Travel Warning for Famous European Summer Hotspot

[ Mon, May 26th ]: fox6now

Memorial Day travel, millions of people expected to hit the road

[ Mon, May 26th ]: BBC

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[ Sun, May 25th ]: MassLive

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Flyers at Pittsburgh International Airport among millions traveling for Memorial Day weekend

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AAA predicts 1.7 million Ohioans to travel for Memorial Day weekend

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AAA projects record travel this Memorial Day weekend

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Lower gas prices bringing record Memorial Day weekend travel

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Swiss Glencore to cut down output and jobs. 'These are necessary actions we have to take' says CEO

//travel-leisure.news-articles.net/content/2025/ .. -necessary-actions-we-have-to-take-says-ceo.html

Published in Travel and Leisure on Thursday, May 29th 2025 at 6:26 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Unions and NGOs have condemned the company's plans to slash production and eliminate jobs.

Glencore, a major commodities trader, is planning to reduce its production and workforce in response to challenging market conditions, as announced by CEO Gary Nagle. The company is facing a downturn in demand for certain commodities, prompting the need for tough decisions to maintain profitability. Nagle emphasized that these measures are essential for the long-term sustainability of the business, despite the immediate impact on employees and output. The specific details regarding the extent of job cuts and production reductions were not disclosed, but the moves are part of a broader strategy to adapt to the evolving global economic landscape.

Read the Full Fortune Article at:
[ https://fortune.com/europe/2025/05/29/glencore-cut-down-output-jobs-tough-decisions-ceo-gary-nagle/ ]

Publication Contributing Sources

Fortune

N🟁N

Swiss Glencore to cut down output and jobs. 'These are necessary actions we have to take' says CEO