Tag Archives: jobs

Four days before Election Day, the government will issue its final snapshot of hiring and unemployment in the United States after a presidential race in which voter perceptions of the economy have played a central role. ADVERTISEMENT Friday’s report will include some of the most distorted monthly employment figures in years, with job growth having been held down temporarily in …

Further talks are planned between Volkswagen and trade union leaders on Wednesday. ADVERTISEMENT Volkswagen’s management wants to close at least three plants, cut tens of thousands of jobs, and also slash pay by 10% for remaining staff, according to a statement from staff representatives. The manufacturer is also seeking to downsize all remaining plants, added the document. This will, it …

The proposal from PAI Partners, challenging a US bidder, is the latest twist in a battle to win a 50% stake in Opella, the maker of France’s best-selling drug. ADVERTISEMENT A consortium including French private equity firm PAI Partners has raised its offer for Sanofi’s consumer health business, Opella, according to sources. The group has revised its bid by €200m, …

The Lord Mayor of the City of London, Michael Mainelli, who acts as an ambassador for the city’s financial district, says the Square Mile has lost thousands of jobs because of Brexit. ADVERTISEMENT The Lord Mayor of London’s economically influential financial district has called the UK’s decision to leave the European Union a ‘disaster’ that has led to the loss …

The European firm is suffering from disrupted supply chains, rapid changes in warfare, and increasing budget constraints. ADVERTISEMENT Airbus plans to cut up to 2,500 jobs in its defence and space division by mid 2026, according to a statement released on Wednesday. The firm is hoping to boost competitiveness by creating a more efficient structure for the organisation, although specifics …

Coca-Cola is to shut down five production and logistics sites in Germany, in an attempt to cut costs and adapt to changing logistics trends. ADVERTISEMENT Drinks giant Coca-Cola is to cut some 500 jobs in Germany over the next year with the closure of five logistics and production sites.  Coca-Cola Europacific Partners (CCEP), which handles Coca-Cola’s bottling, distribution and selling …

Some jobs are more stressful than others and some sectors have more stressful jobs within them than others. Euronews Business takes a look around Europe to see which countries have the most stressed employees. ADVERTISEMENT Global uncertainty and increasing cutbacks at work may be making it harder to find a job. At the same time, the rising cost of living …