job-creation
Top StoriesJapan’s Konica Minolta to Cut 2,400 Jobs, Book $132 Million in Expenses
Top StoriesVodafone Germany to Cut 2,000 Jobs in Revamp
Top StoriesEvonik Says Recovery Unlikely in 2024, Plans 2,000 Job Cuts
InvestingThe Bright Side of Investing in Clean Energy: Insights From Abe Issa
Basf Dials up Cost Cuts in Germany, Flags Earnings Rebound
Date: February 23, 2024
BASF dials up cost cuts in Germany, flags earnings rebound By Ludwig Burger FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its Ludwigshafen headquarters, citing weak demand and high energy costs in its home market, highlighting the country’s economic woes. The annual cost savings will be reached...
‘The Hardest Job in the World’: Siberian Shipyard Workers Brave Freezing Cold
Date: February 13, 2024
‘The hardest job in the world’: Siberian shipyard workers brave freezing cold YAKUTIA, Russia (Reuters) – A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in subzero temperatures to maintain the hulking vessels during the bitter Siberian winter. The process of ‘vymorozka,’ which roughly translates as ‘freezing out,’ is...
Google Pledges 25 Million Euros to Boost AI Skills in Europe
Date: February 12, 2024
Google pledges 25 million euros to boost AI skills in Europe By Martin Coulter LONDON (Reuters) – Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelligence (AI). Announcing the funding on Monday, the tech giant said it had opened applications for social enterprises and nonprofits that...
Roche Cutting 345 Jobs in Product Development – Media
Date: February 9, 2024
Roche cutting 345 jobs in product development – media ZURICH (Reuters) – Roche is cutting 345 jobs, Swiss website Muula reported, as the drugs company responds to lower profit posted for 2023 and a more cautious outlook for the year ahead. The jobs will go in the product development area, and corresponded to about 6%...
US Labor Market Sizzles; Delivers Large Job and Wage Gains
Date: February 2, 2024
US labor market sizzles; delivers large job and wage gains By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in January and wages increased by the most in nearly two years, signs of persistent strength in the labor market that could make it difficult for the Federal Reserve to start cutting interest rates in...
Lead Like Superheroes and Embrace AI
Date: December 27, 2023
Lead like superheroes and embrace AI By Jonathan Sharp, CEO, Britannic Businesses need to change the perception of AI from being the ‘villain’ to the invisible superhero that will augment employees’ roles and create more jobs. McKinsey Global Institute estimates that as early as 2030 AI could contribute to the creation of 20 million to 50...