Latest in Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry
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Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry
Division to shed 11,000 roles amid oversupply in Europe and rise in cheap Asian importsBusiness - Financial Times - Yesterday -
Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.Business - The New York Times - Yesterday -
Thyssenkrupp Steel to Cut 11,000 Jobs
The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.Business - The Wall Street Journal - Yesterday -
‘Incompetent’ FCA slammed by MPs
Report calls for overhaul of UK regulator after three-year probe heard from whistleblowers and former staffBusiness - Financial Times - Yesterday -
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23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
Democrats braced for jobs report blow ahead of election
Lacklustre data could obscure an ‘incredibly healthy’ employment market and weigh on Kamala Harris’s prospectsBusiness - Financial Times - October 31 -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - November 7 -
Trump’s election victory deals blow to US clean energy industry
Developers of solar and battery recycling projects put plans on hold amid concern about policy and federal funding supportWorld - Financial Times - November 11 -
Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.Business - The New York Times - 12 hours ago -
Key Icahn holding sputters in latest blow to his corporate empire
Midwestern US refinery CVR Energy suspends its dividend, a crucial source of cash for the veteran financierBusiness - Financial Times - October 31 -
Trump victory deals latest heavy blow to a struggling Germany
Donald Trump's election as U.S. President could be yet another major blow for the struggling German economy.Business - CNBC - November 7 -
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German paper industry denies claims paper shortage could hinder election
Head of electoral commission had said timing of early election could be affected by shortage of paper to print ballots. Paper industry bosses in Germany have hit back at claims by the national ...World - The Guardian - November 11 -
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Trump campaign pounces on latest jobs report
The Trump campaign is pouncing on the new jobs report from the Labor Department which shows 12,000 jobs were created last month. Hiring slowed while the country was hit by two major hurricanes and ...Top stories - CBS News - November 1 -
Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for EU users to comply with regulatory demands in the region.Business - CNBC - November 12 -
Ghost jobs: why do 40% of companies advertise positions that don’t exist?
A survey has revealed that the practice is widespread, with many companies going as far as fake-interviewing too. Name: Ghost jobs.. Age: Old, but increasingly common. Continue reading...World - The Guardian - October 30 -
Lane Johnson on Eagles nearly blowing second-half lead: 'It should have been a 40-point game'
Johnson says lack of focus was why Eagles nearly blew a 22-point second half leadSports - CBS Sports - November 4 -
Storm-weary Philippines forcibly evacuates thousands as another typhoon hits
A new typhoon has made landfall in the northeastern Philippines, which has been battered by earlier stormsWorld - ABC News - November 10 -
Nissan to warn jobs at risk as UK EV targets push car industry to ‘crisis point’
Carmakers fear goals unreachable as consumer demand softensBusiness - Financial Times - November 16 -
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German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technologyWorld - ABC News - 4 days ago -
3 high-paying roles in industries that keep adding jobs: 'You wouldn't think' they'd pay 6 figures, says expert
Even industries like food and beverage have six-figure jobs, says John Mullinix, head of growth marketing at Ladders.Business - CNBC - November 9 -
Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - October 29 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
At least 12 dead in Mexico steel plant explosion
An explosion at a Simec-owned steel plant in Mexico’s central Tlaxcala state in the early hours of Wednesday killed at least 12 people, state authorities said.Top stories - NBC News - October 30 -
Thyssenkrupp Targets Profit Return After Posting Narrowed Net Loss
The industrial group forecasts net profit of between €100 million and €500 million for fiscal 2025 on sales growth of 3% at best.Business - The Wall Street Journal - November 19 -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - October 31 -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - November 7
