job-creation
Top StoriesAsia Markets Start Big Month on Cautious Footing as US Jobs Data Looms
TradingUS Dollar Ticks up on Jobs Data, Bitcoin Trades Near Record
BankingSantander CEO Says More Than 1,400 UK Bank Jobs Being Cut
Top StoriesGerman Car Industry Transformation Could Cost 186,000 Jobs by 2035, Study Finds
Australia, UK Team up to Back Clean Energy Technologies
Date: October 25, 2024
By Renju Jose SYDNEY (Reuters) – Australia and Britain plan to work together to ramp up the deployment of renewable energy technologies, such as green hydrogen and offshore wind, to support decarbonisation, the two countries’ leaders said on Friday. The transition to net zero would open up economic opportunities creating new jobs and bolster...
OpenAI Hires ex-White House Official as Chief Economist
Date: October 24, 2024
(Reuters) – ChatGPT parent OpenAI has tapped former White House official Aaron Chatterji as its first chief economist to lead research on AI’s impact on the economy, the startup at the center of the generative artificial intelligence frenzy said on Tuesday. Chatterji, a professor of business and public policy at Duke University, was formerly...
Sanofi Reaches Deal on Terms of Sale of Consumer Health Arm, Say French Government Sources
Date: October 21, 2024
PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S. private equity firm Clayton Dubilier & Rice (CD&R), French government sources said on Sunday. The breakthrough came after the investment group provided France with guarantees on maintaining jobs and production in...
Airbus to Cut up to 2,500 Jobs in Defence and Space
Date: October 17, 2024
By Tim Hepher PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division after spending months taking a deep dive into heavy losses in its satellites business. The European aerospace group said it aimed to carry out the cuts, which represent 7% of the workforce...
Stellantis’ CEO Declines to Rule Out Job Cuts in Challenging Market
Date: October 14, 2024
PARIS (Reuters) – Stellantis CEO Carlos Tavares on Monday declined to rule out job cuts and said keeping up with Chinese competition and staying profitable would require a huge effort, potentially including plant closures or offloading brands. “We will need to make big efforts”, Tavares told French radio station RTL, adding that it was...
Tesla to Give Permanent Jobs to 500 Temporary Staff at German Gigafactory
Date: October 11, 2024
FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its German gigafactory near Berlin, in what the U.S. electric carmaker called an “optimistic assessment of the further development of e-car production”. Gruenheide, Tesla’s only European gigafactory, employs around 12,000 staff. Tesla said that at...