job-creation
Top StoriesItaly Jan Jobless Rate Edges up to 7.9%, With 35,000 Jobs Created
Top StoriesJaguar Land Rover Opens Three European Self-Driving Tech Hubs
Top StoriesAldi UK to Recruit 6,000 After Strong Christmas Trading
BusinessU.S. Job Growth Powers Ahead; Unemployment Rate at 3.4%
Philips to Cut 13% of Jobs in Safety and Profitability Drive
Date: January 31, 2023
By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries to restore its profitability and improve the safety of its products following a recall of respiratory devices that knocked off 70% of its market value. Half of the job cuts will be made this year,...
Sap to Cut 3,000 Jobs, Explore Qualtrics Stake Sale
Date: January 26, 2023
By Kirsti Knolle and Supantha Mukherjee BERLIN/STOCKHOLM (Reuters) -SAP said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce, and explore the sale of its remaining stake in Qualtrics, as the Germany software company looks to cut costs and focus on its cloud business. SAP is the latest tech company...
Ford to Make Call on Europe Job Cuts by mid-Feb as Buyers Circle German Site
Date: January 25, 2023
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe a German union said on Tuesday, as reports surfaced that China’s BYD was one of 15 investors interested in buying the U.S. carmaker’s site in Saarlouis, Germany. The future of the Saarlouis site has been...
Amazon to Lay Off Staff in U.s., Canada and Costa Rica by End of Day
Date: January 19, 2023
(Reuters) -Amazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff seen by Reuters. The layoffs are the latest in the U.S. technology sector, with companies cutting...
Microsoft to Shed 10,000 Jobs, Adding to Glut of Tech Layoffs
Date: January 19, 2023
By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession. The layoffs add to the tens of thousands announced in recent months across...
French Uber Drivers to Earn More Than $8 per Ride After Union Deal
Date: January 18, 2023
By Mathieu Rosemain PARIS (Reuters) – France’s Uber drivers are poised to earn a minimum of 7.65 euros net ($8.25) per ride after a sector-wide deal with unions, setting up a precedent after months of bargaining talks with taxi apps, Uber said on Wednesday. The accord hikes the minimum price per ride by 27%, bringing...