Tag #Job Losses

Showing 121 to 132 of 155 results

zeit.de
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Germany Faces Industrial Crisis, Urgent Action Needed

German Labor Minister Hubertus Heil is urging for an active industrial policy to prevent the collapse of entire industries and massive job losses amid a current economic crisis, with Kurzarbeit reaching record levels in September 2024.

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56% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 75% Global Worthiness
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French Construction Industry Faces Steep Decline, 100,000 Job Losses Predicted

France's construction industry faces a projected 6.6% activity drop in 2024 and 5.6% in 2025, driven by decreased new construction due to inflation and high interest rates, potentially resulting in 100,000 job losses in 2025 if government aid fails to materialize. New housing construction fell by 21...

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48% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 85% Global Worthiness
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Vencorex Strike Threatens 13,000 Jobs Amidst Chinese Competition

A strike at Vencorex's Pont-de-Claix site, ongoing since October 23rd, threatens 3,000 direct and 10,000 indirect jobs due to the company's financial difficulties stemming from Chinese competition and a partial takeover offer from Wanhua that would save only a fraction of the jobs.

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44% Bias Score

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welt.de
🌐 85% Global Worthiness
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German Corporate Insolvencies Surge 24.3% in 2024

Germany experienced a 24.3% increase in corporate insolvencies in 2024, totaling 22,400, primarily due to economic stagnation, weak domestic demand, and global trade slowdown, resulting in €56 billion in creditor losses and 320,000 job losses.

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48% Bias Score

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faz.net
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Thyssenkrupp to Close Kreuztal Plant, Threatening 500 Jobs and Regional Economy

Thyssenkrupp plans to close its Kreuztal Eichen steel plant, impacting 500 employees and potentially causing a domino effect across the Siegerland region, as part of a broader plan to cut 11,000 jobs by 2030, raising concerns about regional economic stability and Germany's steel industry's future.

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44% Bias Score

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nrc.nl
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Tata Steel Faces Financial Crisis Amidst European Steel Industry Downturn

Tata Steel in IJmuiden faces a financial crisis, seeking \n60 million euros in cost cuts amid cheap Chinese steel imports and delayed government funding for green transition, jeopardizing jobs and climate goals.

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48% Bias Score

Climate Action
news.sky.com
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UK Doubles Aid for Tata Steel Job Losses in Wales

The UK government doubled its financial aid to \u00a330 million for businesses and workers affected by job losses at Tata Steel's Port Talbot plant in Wales, providing grants of up to \u00a3250,000 for retraining and investment to mitigate the impact of the company's shift to greener steel productio...

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24% Bias Score

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elmundo.es
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Almaraz Mayors Protest Planned Nuclear Plant Closure

Mayors and councilors from Almaraz, Spain, protested the planned 2027-2028 closure of the Almaraz Nuclear Power Plant, citing its contribution of 7% to Spain's electricity demand, €15 million yearly to local budgets, and nearly 2,900 jobs, emphasizing the economic devastation the closure would cause...

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56% Bias Score

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cincodias.elpais.com
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BSH to Close Navarra Plant, 660 Jobs Affected

BSH, a German home appliance manufacturer, will close its Esquíroz (Navarra) plant in six months, impacting 660 employees due to persistent market difficulties and competition despite a national profit of 60 million euros in 2023.

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48% Bias Score

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sueddeutsche.de
🌐 75% Global Worthiness
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€60 Million Bavarian Aid Package to Counter Job Losses in Schweinfurt

The Bavarian government announced a €60 million aid package for Schweinfurt to mitigate potential job losses in its industrial sector, encompassing direct business support, infrastructure upgrades, and research funding.

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36% Bias Score

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lefigaro.fr
🌐 75% Global Worthiness
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"Parisian Gaming Clubs to Close Due to French Government Collapse"

"Seven Parisian gaming clubs, generating €50 million annually for public authorities, will close December 31st, 2024, due to budget issues resulting from the French government's collapse, jeopardizing 1500 jobs."

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52% Bias Score

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dailymail.co.uk
🌐 75% Global Worthiness
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\"Katies to Close All Stores, 480 Jobs Lost in Mosaic Brands Restructuring\"\

\"Mosaic Brands Group will close all 80 Katies stores in Australia by mid-January, resulting in approximately 480 job losses across its brands, as part of a broader restructuring plan to address \$249 million in debt and consolidate its business, impacting Millers, Rivers, and Noni B brands.\"

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40% Bias Score

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Showing 121 to 132 of 155 results