Philips to Cut 13% of Jobs

Philips to cut 13% of jobs in safety and profitability drive 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 […]

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‘They Fire, We Hire’

‘They fire, we hire’ – Germany seizes on Silicon Valley’s woes Faced with a tight labor market and a shortage of workers with key software engineering skills, some German companies are looking at thousands of layoffs in Silicon Valley as an opportunity to recruit top talent. The U.S. West Coast has always been the main […]

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Ford to Cut Up to 3,200 Jobs in Europe

Ford Motor Co (F.N) is mulling to reduce up to 3,200 jobs across Europe and move some product development roles to the United States, according to Germany’s IG Metall union, as the American automobile manufacturer continues to slash its workforce in an attempt to adapt to a future with electric vehicles. IG Metall, German’s largest […]

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Nurses in New York City to Strike

Thousands of nurses in New York City to strike in pursuit of fair contract Strike date at seven hospitals set for 9 January after 98.8% vote in favor, with wages, staff ratios and health insurance key issues At least 12,000 nurses at seven hospitals in New York City are threatening to strike after their union […]

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NOBODY GIVES A DAMN

‘NOBODY GIVES A DAMN:’ Home Depot co-founder blames ‘socialism’ for lack of motivation to work The co-founder of Home Depot is pointing the finger at socialism for why Americans no longer have the drive to work.   Bernie Marcus, who along with Arthur Blank made the home improvement big box retailer a North American empire, […]

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Citigroup To Fire Unvaccinated Employees This Month

Citigroup staff in the United States who have not been vaccinated against Covid-19 by Jan. 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, a source familiar with the matter said on Friday. The US bank announced its plan to impose new vaccination […]

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