Tag: job loss
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Retrenched in their 50s: The long road back to work for older workers
Older workers are taking longer to bounce back after being retrenched. Three of them tell CNA what it took to get back into the workforce.
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Lucky Strike maker BAT to axe 5,500 jobs worldwide in €695m cost drive
British American Tobacco is cutting 5,500 jobs across the globe and handing thousands more roles to outside contractors, as the cigarette giant races to strip out costs and pivot towards vapes and nicotine pouches.
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Anthropic pledges more than €170 million to study AI’s impact on jobs
Anthropic unveiled a research fund and a policy roadmap for governments to follow if AI pushes unemployment sharply higher, with the CEO suggesting taxes on AI firms could one day fund a universal basic income.
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