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Filipinos find new jobs in UAE amid coronavirus pandemic

09 Aug 2020

Mariecar Jara-Puyod, Senior Reporter Some Filipinos in Dubai and the Northern Emirates have backpedalled on their decision to be repatriated having found jobs amidst the COVID-19 pandemic. Members of...

HSBC speeds up plans to axe 35,000 jobs worldwide as profits dive

03 Aug 2020

HSBC will accelerate plans to cut 35,000 jobs after profits plunged 65 per cent in the first half of the year. Europe's biggest bank said it had been hit...

COVID-19: British travel food firm warns of 5,000 job cuts

01 Jul 2020

British travel food group SSP said on Wednesday it could cut about 5,000 jobs, seeking to restructure and simplify its UK business due to very low passenger numbers even...

Canada’s Bombardier to cut 2,500 aviation jobs

05 Jun 2020

Canadian plane and train maker Bombardier said on Friday it would cut 2,500 jobs, or about 11% of the workforce at its aviation unit, as the coronavirus pandemic’s crushing impact...

COVID-19 slams jobs market as US unemployment rate seen near 20 per cent

05 Jun 2020

The US unemployment rate likely shot up to almost 20 per cent in May, a new post World War Two record, with millions more losing their jobs, exposing the...

Rolls-Royce reduces 9,000 jobs as top airlines turn off engines

20 May 2020

Rolls-Royce, the British maker of plane engines, said on Wednesday it will cut at least 9,000 jobs and slash costs elsewhere, as the coronavirus hammers the aviation sector. “This...

Coronavirus-hit Spain’s jobless rate jumps to 14.4 per cent

28 Apr 2020

Spain's unemployment rate jumped in the first quarter to 14.4 per cent, figures from national statistics institute INE showed on Tuesday, as a nationwide coronavirus lockdown hit the eurozone's...

SAS airline slashes 5,000 jobs over corona crisis

28 Apr 2020

Scandinavian airline SAS said on Tuesday it would lay off up to 5,000 employees as the new coronavirus pandemic has wiped out demand for air travel which would not...

Decisive steps needed to help workers globally

07 Apr 2020

In the choice between health and wealth, the former always gets priority. Rightly so. However, when a pandemic threatens the livelihood of some 1.25 billion workers worldwide and creates...

‘Millions of jobs at risk, airlines can’t afford refunds’

07 Apr 2020

Global airlines warned that 25 million jobs across the world could be at risk from the coronavirus travel downturn and the industry’s representative body said airline finances were so fragile...

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