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Business
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Tech
1/26/2023 11:57:13 AM
IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.
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Business
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Tech
1/23/2023 3:39:36 PM
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees, the latest cost-cutting announcement among technology companies.
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Business
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Tech
1/21/2023 4:37:51 PM
Google's parent company Alphabet announced Friday it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech giant to enact large-scale restructuring.
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World
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International
1/12/2023 12:31:57 PM
The world is at the "dawn of a new industrial age" of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, the International Energy Agency said on Thursday.
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Business
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Markets & Companies
1/9/2023 3:24:59 PM
Goldman Sachs plans to cut 3,200 jobs and could announce this as early as this week, a source close to the issue said Sunday, confirming press reports.
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Business
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Markets & Companies
1/5/2023 6:35:20 PM
Eurozone and US stocks fell Thursday as US jobs data added to concerns the Federal Reserve will push on with hikes in US interest rates to fight decades-high inflation.
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Business
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Tech
1/5/2023 3:21:08 PM
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact the online retail giant had "hired rapidly" during the pandemic.
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World
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Region
12/28/2022 12:22:21 PM
With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf's second-largest economy wants to boost opportunities for its own citizens.
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World
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International
12/25/2022 12:00:05 PM
The US has condemned the Taliban for ordering non-governmental groups in Afghanistan to stop employing women, saying the ban will disrupt vital and life-saving assistance to millions.
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World
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International
12/15/2022 2:59:27 PM
Thousands of nurses walked off their jobs in England on Thursday, escalating a wave of industrial unrest in the U.K. this month as ambulance and postal workers, bus drivers and airport baggage handlers all stage strikes to demand better pay amid a cost-of-living crisis.
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Egypt
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Urban & Transport
12/5/2022 6:43:00 PM
President Abdel-Fattah El-Sisi said that Egypt is confronting a two-fold problem since it must not only create jobs for the large number of those entering the labour market every year but also guarantee decent minimum wages to the workforce.
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Business
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Economy
12/2/2022 5:17:41 PM
Stock markets fell on Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to aggressively hike interest rates to tame inflation.
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Business
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Markets & Companies
11/9/2022 9:27:55 PM
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.
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Business
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Economy
10/14/2022 2:15:08 PM
UK finance minister Kwasi Kwarteng dashed home Friday from Washington for crisis talks with Prime Minister Liz Truss, with both their jobs on the line as their budget plans unravel.
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World
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International
10/8/2022 2:50:40 PM
Most train services across the U.K. were cancelled Saturday as thousands of rail workers staged the latest in a string of strikes over jobs, pay and working conditions.
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World
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International
9/2/2022 3:31:15 PM
Wall Street shifted between small gains and losses Friday ahead of U.S. jobs data that might reinforce U.S. Federal Reserve plans for more interest rate hikes meant to cool inflation.
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World
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International
8/31/2022 10:22:03 AM
Asian stocks followed Wall Street lower Wednesday after strong U.S. jobs data fueled expectations of further interest rate hikes and Chinese manufacturing activity weakened.
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World
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International
8/13/2022 1:06:41 PM
Thousands of U.K. train drivers walked off the job Saturday in a strike over jobs, pay and conditions, scuppering services across much of the country. The action was the latest in a spreading series of strikes by British workers seeking substantial raises to offset soaring prices for food and fuel.
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World
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International
7/27/2022 11:37:20 AM
Britain's railway network ground to a crawl on Wednesday after 40,000 staff walked off the job in a dispute over jobs, pay and working conditions. Train companies said only about a fifth of services across the country were due to run.
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Business
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Tech
5/26/2022 7:25:17 PM
The BBC is to axe 1,000 jobs and scrap some broadcast channels in traditional form as it prioritises digital and copes with a funding freeze, the British public service broadcaster said on Thursday.
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