The global plan includes the 4,800 job cuts announced in May and will mostly be at factories overseas with low utilisation rates, the person said. It will be announced along with financial results on Thursday
In a fresh study, the UN's International Labour Organisation (ILO) found that a full 8.8 per cent of global working hours were lost in 2020, compared to the fourth quarter of 2019.
“Additionally, there is a clear shift in the skill sets being sought by hiring managers, with an uptick in demand for ‘soft’ skills such as agility, creativity and communication alongside core technical competencies in order for personnel to have the optimal attributes needed to navigate what remains a very challenging business climate.”
The coronavirus crisis has taken a much heavier toll on jobs than previously feared, the UN said on Tuesday, warning that the situation in the Americas was particularly dire.
Lufthansa's biggest shareholder, German billionaire Heinz Hermann Thiele, criticised the 9 billion euro ($10.1 billion) bailout, saying he had raised his stake in Lufthansa to over 15% and hoped alternative options could be explored.
The International Labour Organisation, in a new look at the impact of the pandemic on jobs, says that work hours equivalent to 305 million full-time jobs have been lost due to the COVID-19 crisis.
"Of an estimated 300,000 Sri Lankans here, less than ten per cent of them — around 25,000 — had registered with the Sri Lankan diplomatic missions a few months ago for repatriation. Now, many of them do not want to go as they have started getting new jobs after the economy opened up here," Malraj De Silva, the Sri Lankan Ambassador to the UAE, said.
Recent data shows a shift to shopping online — according to Kantar consulting group, international e-commerce grew 41 per cent in only three months compared with 22 per cent growth for 2020 as a whole to date, as the pandemic "transformed" retail habits.
Amazon announced plans Thursday to add 75,000 jobs in the United States and Canada as part of a further ramping up of the e-commerce giant’s massive warehouse and logistics network.