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Nike will cut about 2 per cent of its total workforce, or more than 1,600 jobs, the sportswear giant said late on Thursday to lower expenses as demand for its...
John Lewis Partnership, the owner of John Lewis and Waitrose, is considering cutting up to 11,000 staff jobs in the next five years, the Guardian reported on Saturday. A minimum...
Businesses in the Saudi Arabian non-oil economy signalled a notable increase in employment during October, according to the Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI). A stronger rise in...
Slowing jobs growth and cooling wage pressures may give Federal Reserve policymakers renewed confidence the US economy is adjusting from the shock of the coronavirus pandemic, allowing inflation to ease...
Nichola Groom, Reuters US companies have announced plans to build dozens of solar panel factories across the country since last year when President Joe Biden’s signature climate law unleashed billions...
Shipping group A.P. Moller-Maersk, reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising...
At machine parts producer S&D Blech, the head of the grinding unit is retiring. With Germany’s acute labour shortage leaving few candidates to take on the skilled but dirty and...
LinkedIn said Monday it is laying off hundreds of employees amounting to about 3% of the social media company's workforce. The Microsoft-owned career network is cutting about 668 roles...
The Ministry of Human Resources and Emiratisation (MoHRE) revealed that approximately 5.73 million employees have subscribed to the Unemployment Insurance Scheme since it went into effect on Jan.1, 2023,...