employment

Disney to give back wages to employees charged for their costumes

The US Department of Labor and two subsidiaries of The Walt Disney Co. have reached an agreement to give back $3.8 million in back wages according to a press release statement issued last Friday.

Vodafone vows to create 2,100 jobs in the UK to enhance quality of customer service

Mobile tech giant Vodafone is slowly trying to recover its tarnished reputation over the botched IT billing system and poor customer service record by hiring thousands of call center employees in the UK.

US jobs increase in Trump's first full month projecting economic optimism

Employers added 235,000 US jobs in February as per a Labor Department report released on Friday.

ESPN to implement job cuts that could extend to personalities who appear on TV, radio, online

Details of the job cuts will still be finalized but layoffs would definitely take place through as a consequence to delivering ESPN fans content consumption.

General Motors lays off 1,100 employees in Lansing plant

The workers keeping their jobs now are still safe from any employment actions as General Motors just invested $583 million in the plant.

Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses

French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.

German tycoon Schlecker faces fraud trial with family

Anton Shlecker is accused of offenses related to the 2012 bankruptcy of his pharmacy chain that employed 50,000 people in Germany and in Europe.

Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario

Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.

Hershey aims to reduce global worforce by 15 percent

The Pennsylvania chocolatier's attempt to reduce its global workforce will help achieve profitability over the next two years.

Tesco plans to remove 1,700 managerial jobs

The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.

Chinese job market dries up with a slowing economy

The Chinese job market has hit a dry spell, with job postings dropping across all sectors at an alarming rate. These findings, put together by the data restructuring company Quanton Data, throw up a pretty grim scenario, specially for the freshers who are about to step into the job market this summer.

Finnish government is planning to give every adult citizen $800 per month

The Finnish government is planning to introduce a tax-free monthly payment of $865 to all adult Finns. The payment will be made regardless of their income or employment status and would replace other benefits.

Growth in U.S. employment could make Fed hike interest rate

It's been a while since the last job rate increased and now Federal Reserve is eyeing a raise on interest rate. September records more jobs and is a sign that the U.S. economy is improving.

Latest Stories

SEC Chair Gary Gensler Deems Crypto a Central Player in Market Issues

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler covered a variety of subjects, including cryptocurrencies.

Second Chance for FTX? Exchange Offers Full Repayment Plus Compensation to Creditors

FTX intends to fully repay the remaining creditors plus pay them "billions in compensation for the time value of their investments," leaving 98% of its creditors with up to 118% of their permitted claims.

Equinox’s Ultra-Pricey Program Aims to Extend Your Life

Equinox, a high-end fitness business, is charging for the ultimate luxury: longer life. The business unveiled a subscription on Monday that, at a whopping $36,000 annually, entitles users to more than 100 tests designed to improve health and lengthen life.

Can a $22,000 All-Inclusive Resort Live Up to the Hype?

According to a JLL Research Hotels & Hospitality research, demand for all-inclusive resorts surged after the pandemic. The study found that suddenly, many travelers desired stress-free, simple-to-plan trips, ideally with a health focus.

Crypto Price Predictions for 2026: Bitcoin, Ethereum, Option2Trade Will Increase Value

In the cryptocurrency industry, the forecast that Bitcoin (BTC) will reach $500,000 by 2026 embodies optimistic confidence. Several variables support this enormous price objective, which analysts predict will increase Bitcoin's value.

Must Read

Crypto Giant Kraken Makes Waves in Europe with New German Deal

By revealing a new strategic alliance that will allow Kraken to actively improve its product offering in Germany, a crucial market for the adoption of cryptocurrencies in Europe, Kraken is doubling down on its goal of expanding throughout the continent.

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