According to three people familiar with the situation, network giant Cisco plans to restructure its operations in order to concentrate on high-growth areas. This reorganisation will involve the layoff of thousands of employees. As of fiscal 2023, the San Jose,… Read More ›
When it comes to their next job, workers prioritise work-life balance over salary, and they also value training in tech and artificial intelligence (AI), according to a new report released on Wednesday by Randstad, the largest employment agency in the… Read More ›
McDonald’s plans to open over 10,000 locations worldwide by 2027, perhaps marking the fast-food chain’s biggest expansion era ever, according to a statement released by the company. Additionally, the firm announced intentions to grow its user base to 250 million… Read More ›
According to a research published recently by the Bank for International Settlements (BIS) and signed by senior central bank officials, home working in Brazil may be reducing wage pressure in an otherwise robust labour market. Despite a rise in employment,… Read More ›
Although pay growth is slowing, the United States’ employment expanded in September for the first time in eight months as hiring increased broadly, indicating to ongoing labour market resilience that could give the Federal Reserve justification to hike interest rates… Read More ›
About 300 employees of the U.S. Federal Reserve system will lose their jobs this year, a minor but unusual fall in the workforce for a company that has been gradually expanding since 2010 as its influence in the economy and… Read More ›
In an effort to secure the future of the nation’s steel sector, Britain will invest 500 million pounds ($621 million) in Tata Steel to decarbonize its Welsh facility. However, this transaction could result in the loss of up to 3,000… Read More ›
At the end of 2022, it was announced that French investment house Ardian was to become the very first European-rooted firm to sign up to Ownership Works, a US nonprofit set up to encourage profit sharing and employee ownership. A… Read More ›
When you ask young people about the employment market in China, they frequently respond that it is harder this year. According to interviews with six students and recent graduates conducted by CNBC, the majority of people eventually find employment, but… Read More ›
Elon Musk, a billionaire, decided to rebrand Twitter as X, but it may be difficult legally because Microsoft and Meta already own the intellectual property rights to that letter. X is a candidate for legal problems because it is used… Read More ›
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