job-creation
BusinessUS Job Openings Rise in October, Layoffs Decrease
Top StoriesSpace Firms Plot New European Satellite Venture to Take on Starlink as Job Cuts Loom
Top StoriesSpace Firms Plot New European Satellite Venture to Take on Starlink as Job Cuts Loom
BusinessScottish Power Invites Grangemouth, Isg Workers to Apply
Italy Oct Jobless Rate Falls to 5.8%, Lowest Since 2007
Date: December 2, 2024
ROME (Reuters) – Italy’s unemployment rate fell to 5.8% in October, the lowest reading since April 2007, from a revised 6.0% the month before, national statistics bureau ISTAT reported on Monday, with a net 47,000 jobs created during the month. A Reuters survey of seven analysts had forecast an October jobless rate of 6.1%, which...
Poland’s Jsw Says No Job Cuts Planned in Restructuring
Date: November 29, 2024
(Reuters) – JSW, Poland’s biggest coking coal producer, does not plan job cuts as part of its restructuring, Jaroslaw Kluczniok, deputy CEO for development, told a press conference on Friday. CEO Ryszard Janta said the board had pursued “a very restrictive approach to hiring, which in fact is not taking place, and …due to the...
Benjamin Wey Pioneers Commercial Banking and Private Equity Amidst Global Financial Shifts
Date: November 27, 2024
New York City, NY – Benjamin Wey, an influential figure in the world of commercial banking and private equity, continues to redefine global finance with his unparalleled expertise and visionary leadership. As the CEO of New York Global Group, one of Wall Street’s leading private equity firms, Benjamin Wey has played a pivotal role in...
Banco Bpm Boss Warns of Job Losses in UniCredit Deal
Date: November 27, 2024
MILAN (Reuters) -Italy’s Banco BPM, the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, its CEO said in a letter to staff on Wednesday, warning of big job cuts if the deal went through. The UniCredit bid would entail over 6,000 job cuts in Banco BPM, CEO Giuseppe Castagna...
German Consumer Sentiment Tumbles on Job Cut Fears, Survey Shows
Date: November 27, 2024
BERLIN (Reuters) -German consumer sentiment looks set to tumble in the last month of the year as households, worried by reports of job cuts, grow more pessimistic about their income prospects, a survey showed on Wednesday. The consumer sentiment index, published by GfK and the Nuremberg Institute for Market Decisions (NIM), fell significantly more than...
Thyssenkrupp Lacks Detailed Plan for 11,000 Steel Unit Job Cuts, Handelsblatt Reports
Date: November 27, 2024
BERLIN (Reuters) – German industrial conglomerate Thyssenkrupp has not drawn up a detailed proposal on how it aims to cut some 40% of jobs in its steel division, the Handelsblatt newspaper reported, raising questions on the viability of its restructuring plans. Under the plans announced this week, Thyssenkrupp Steel Europe (TKSE), which has a workforce...