[ad_1] WASHINGTON, Feb 8 (Reuters) – Democrats in the U.S. Congress are to release a sweeping plan on Monday to provide more than $50 billion in additional assistance to U.S.…
Tag: LAYOFS
ABC News lays off senior executives in Disney’s cost-cutting drive
[ad_1] March 30 (Reuters) – Walt Disney Co’s (DIS.N) ABC News laid off several senior executives on Thursday, as it restructures its newsroom, two sources confirmed. The reductions are part…
BoE’s Bailey says key challenge is to get workers into jobs
[ad_1] LONDON, Aug 5 (Reuters) – Bank of England Governor Andrew Bailey said a key challenge facing Britain’s economy was to get people back into work as the coronavirus pandemic…
Dollar on front foot as jobs test looms
[ad_1] Dollar hits week-high on euro and yen ahead of payrolls Data due 1230 GMT, consensus for +870k jobs Kiwi heads for weekly jump as rate hikes draw near SINGAPORE,…
Fed officials should clarify how they assess goals, Mester says
[ad_1] Sept 10 (Reuters) – As the U.S. economy continues to emerge from the crisis caused by the coronavirus pandemic, Federal Reserve officials should provide more clarity on how they…
Flexibility key for central banks navigating Omicron variant uncertainty
[ad_1] Dec 2 (Reuters) – The Omicron variant of COVID-19 could potentially prolong some of the supply chain challenges that heightened inflationary pressures during the pandemic and central banks need…
Spanish bank Sabadell reaches deal with union to cut jobs
[ad_1] MADRID, Oct 15 (Reuters) – Spanish bank Sabadell (SABE.MC)has reached a deal on Friday with a leading union to lay off up to 1,605 employees in its home market,…
Telecom Italia in talks with unions on up to 2,000 job cuts in Italy
[ad_1] MILAN, March 21 (Reuters) – Telecom Italia (TIM) (TLIT.MI) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement scheme as part of…
Shocked Credit Suisse staff fear uncertain future despite UBS rescue deal
[ad_1] SINGAPORE/HONG KONG, March 20 (Reuters) – Credit Suisse staff arriving to work in Hong Kong and Singapore on Monday morning fretted about retrenchments and retaining business after larger Swiss…
UK’s John Lewis eyes end of 100% staff ownership, the Times reports
[ad_1] March 18 (Reuters) – British retailer John Lewis, which has been 100% owned by its staff, is considering diluting its partnership structure, The Times reported on Saturday. The chairperson,…