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Top StoriesDesperately Seeking Staff: Paris Airshow Lets Jobless in for Free
Top StoriesUK Fines Wh Smith, M&s and Others for Not Paying Minimum Wage
Top Stories‘Great Resignation’ Continues as Quarter of Workers Look to Change Jobs – PwC
Top StoriesH&m Shopworkers in Spain Call for Strikes in June – Unions
Westpac to Layoff 300 Workers in Business and Retail Unit, Says Trade Union
Date: June 12, 2023
Westpac to layoff 300 workers in business and retail unit, says trade union (Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring inflation, a local trade body said. The Finance Sector Union...
Spotify to Lay Off 200 Workers in Podcast Division
Date: June 5, 2023
(Reuters) – Spotify Technology SA said on Monday it would lay off 200 employees in its podcast division, representing about 2% of the audio streamer’s worldwide workforce. The company has resorted to aggressive expansion to supplement its earnings from music streaming with other revenue-generating formats such as podcasts, spending more than $1 billion on them...
Oil up Over 2% After US Debt Deal and Jobs Data; Focus Turns to Opec+
Date: June 2, 2023
NEW YORK (Reuters) -Oil prices rose over 2% on Friday after the U.S. Congress passed a debt ceiling deal that averted a government default in the world’s biggest oil consumer and jobs data fueled hopes for a possible pause in Federal Reserve interest rate hikes. The focus is now turning to a meeting of OPEC...
Global Shares, US Yields Rise After Strong Jobs Data, Debt-Ceiling Passage
Date: June 2, 2023
Global shares, US yields rise after strong jobs data, debt-ceiling passage By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data that raised investor expectations that the Federal Reserve could retain its interest rate hikes. Labor Department data showed on Friday that the U.S. economy...
Bt to Cut up to 55,000 Jobs by 2030 as Fibre and AI Arrive
Date: May 18, 2023
BT to cut up to 55,000 jobs by 2030 as fibre and AI arrive By Paul Sandle LONDON (Reuters) -BT Group, Britain’s biggest broadband and mobile provider, will cut up to 55,000 jobs including contractors by 2030 – potentially over 40% of its workforce – as it completes its fibre roll-out and adapts to new...
UK Firms Cut Hiring of Permanent Staff, Recruiters’ Survey Shows
Date: May 10, 2023
UK firms cut hiring of permanent staff, recruiters’ survey shows LONDON (Reuters) – British firms reduced hiring of permanent staff via recruitment agencies at the fastest pace in more than two years, a survey showed on Wednesday, a day before the Bank of England announces its latest move to tackle inflation pressure. The Recruitment and...