Tag: Jobs
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Crisis deepens: VW reportedly planning to cut up to 100,000 jobs
Volkswagen is reportedly preparing the most radical overhaul in its history. Up to 100,000 jobs could be cut worldwide, twice as many as thought, and four German plants may close.
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Portugal’s €1.5bn push for vocational training
Portugal is pushing vocational training, backed by nearly €1.5bn in EU funding, to prepare 55% of its secondary school students for in-demand jobs. #MakeItWork
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Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm’s manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
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Sens. Warren, Kelly press Trump administration on effects of tariffs on manufacturing
A pair of Democratic senators is asking for answers from the Trump administration on the effect of tariffs on U.S. manufacturing.
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Does a degree mean job security? Recent retrenchment data challenges that assumption, say experts
“The traditional route that Singaporeans are being educated on is you study hard, get a good degree, and then you are able to get a job,” says a retrenched tech worker.
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Raising the minimum wage has been a big political winner. Now it’s running into resistance
Raising the minimum wage has been a progressive policy winner at the ballot box, but recent losses suggest an economic mood slowing its political momentum.
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Bank of England holds interest rate at 3.75% as inflation steadies
The Bank of England left its key interest rate unchanged at 3.75% for a fourth consecutive meeting after fresh data showed inflation holding steady and the labour market continuing to cool without a sharp deterioration.
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CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Outgoing CME CEO Terrence Duffy said that the exchange operator will sue the CFTC over the agency’s decision to approve perpetual futures.
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Inside Amazon’s vision for AI, robotics and jobs in Europe
As policymakers across Europe debate how AI should reshape labour markets, Amazon’s European operations are a working example of how technology deployment and workforce participation can evolve together.
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The skills employers value most in the AI era may surprise you
As AI takes on more routine tasks, employers are placing a higher premium on judgment, creativity and leadership, according to a new PwC report.
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