Tag #Job Losses

Showing 1 to 12 of 155 results

zeit.de
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German Industrial Job Losses Exceed 100,000

Germany's industrial sector experienced a net loss of 101,000 jobs in the past year, primarily impacting the automotive industry (-45,400 jobs) due to decreased sales, Chinese competition, and e-mobility transition; further job losses are anticipated.

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40% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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US Tariffs to Cost Germany 90,000 Jobs

US tariffs are projected to cost Germany 90,000 jobs annually, impacting the automotive industry and several states; however, government initiatives aim to mitigate the damage by 2026.

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44% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Hollywood Job Losses Prompt California Tax Credit Increase

The 2023 Hollywood strikes caused a significant decline in California's film and television industry, resulting in a loss of roughly 40,000 jobs and a 58% decrease in television production in Los Angeles since 2021, prompting Governor Newsom to propose a tax credit increase to revitalize the struggl...

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44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Azucarera Announces 251 Job Cuts, La Bañeza Plant Closure

Azucarera, a British-owned Spanish sugar company, announced the closure of its La Bañeza plant in León, resulting in 251 job losses, primarily due to decreased sugar consumption, increased production costs, and cheaper Ukrainian imports. The company will consolidate production in three other locatio...

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48% Bias Score

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theguardian.com
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Liberty Steel Faces Liquidation, £340m Loss in South Yorkshire

Liberty Steel's South Yorkshire operations, employing 1,450, reported £340 million in losses over four years, prompting a union's call for owner Sanjeev Gupta's resignation and facing a July 16th deadline to avoid liquidation amid a broader UK steel industry crisis and a fraud investigation.

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44% Bias Score

Decent Work and Economic Growth
taz.de
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Republican Budget Bill Threatens 300,000 US Solar Jobs

A Republican-led budget bill threatens to eliminate nearly 300,000 American solar jobs and $220 billion in investment by 2030 by curbing tax credits under the Inflation Reduction Act, impacting crucial sectors like AI and data centers.

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48% Bias Score

Climate Action
news.sky.com
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River Island's Financial Crisis Prompts Restructuring Plan

River Island, a British fashion retailer, reported a £33.2 million pre-tax loss and a 19% turnover drop in 2023, prompting a restructuring plan by PwC that may result in store closures and job losses within weeks.

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44% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 85% Global Worthiness
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Schroeder Foundation Bankruptcy Leaves Hundreds Jobless in The Hague

The bankruptcy of Stichting Schroeder in The Hague, a foundation running eight thrift stores and a social workplace serving nearly 300 people with disabilities, will lead to their closure next week, leaving hundreds without jobs or community support, despite a 6,500-signature petition.

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52% Bias Score

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welt.de
🌐 75% Global Worthiness
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Meyer Burger Files for Insolvency in Germany

Meyer Burger, a Swiss solar technology company, filed for insolvency for its German subsidiaries in Thalheim (331 employees) and Hohenstein-Ernstthal (289 employees) on Saturday, after years of financial struggles and failed restructuring efforts; the Swiss and US subsidiaries remain unaffected.

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36% Bias Score

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cincodias.elpais.com
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Teleperformance's Redundancy Plan Impacts Spanish Telemarketing Workforce

Teleperformance, a French telemarketing firm, announced a redundancy plan affecting employees in six Spanish cities due to lost contracts with Vodafone and Verisure, prompting a May 31st protest in Ponferrada where 180 employees, 80% of the local workforce, may be affected.

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36% Bias Score

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zeit.de
🌐 75% Global Worthiness
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Southwest German Mechanical Engineers Anticipate Increased Short-Time Work

Facing low production capacity, around one-third of 200 surveyed mechanical engineering companies in Baden-Württemberg, Germany expect a strong increase in short-time work in the next six months; Trumpf is cutting 1000 jobs, while the sector grapples with declining orders and revenue despite a recen...

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40% Bias Score

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theguardian.com
🌐 65% Global Worthiness
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ITV Cuts Daytime Show Budgets, 220 Jobs Lost

ITV is cutting the budgets of its daytime shows, resulting in over 220 job losses and changes to show schedules, effective January, to centralize news production and reinvest in other areas.

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44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 155 results