Tag #Job Losses

Showing 13 to 24 of 130 results

news.sky.com
🌐 75% Global Worthiness
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Sky News to Cut 2,000 Jobs Amid Shift to Digital Services

Sky News announced plans to cut 2,000 customer service jobs (7% of its workforce), closing three UK contact centers and impacting others, due to declining call volumes and a shift towards digital services, while investing millions in a new "center of excellence" in Livingston.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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£2 Billion Civil Service Budget Cuts Planned, Sparking Job Loss Fears

The UK government will cut civil service administrative budgets by £2 billion by 2029-30, potentially leading to 50,000 job losses, despite a significant increase in headcount since 2016; the move aims to free up resources for frontline services.

Progress

56% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Kodi Sells 150 Stores, 80 to Close Amidst Insolvency

Kodi, a German discount retailer facing insolvency, has agreed to sell 150 of its 230 stores, retaining around 1200 employees, while 80 stores with approximately 480 employees will close, though further investor talks are ongoing.

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32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Tariffs Cripple Quebec's Aluminum Industry

President Trump's 25% tariffs on Canadian aluminum and steel have severely impacted Quebec's 1700 aluminum product companies, forcing layoffs, reduced work hours, and lost US contracts, highlighting the vulnerability of smaller businesses to unpredictable trade policies.

Progress

48% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
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Trump's Layoffs Trigger Economic Crisis in Washington D.C.

The Trump administration's firing of at least 103,452 federal workers nationwide, impacting 17% of federal employees in the DC metro area, is causing a significant economic downturn in Washington, D.C., with decreased consumer spending, business closures, and a surge in homes listed for sale.

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40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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NHS England Abolition to Cut Costs, Cause Widespread Job Losses

The UK government abolished NHS England, a health service management body, aiming to save hundreds of millions of pounds and cut bureaucracy; however, this will result in 20,000–30,000 job losses across various NHS bodies.

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64% Bias Score

Good Health and Well-being
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Tariffs Trigger Hundreds of Canadian Layoffs

President Trump's tariffs on steel and aluminum have led to the layoff of hundreds of Canadian workers, with companies like Canada Metal Processing Group and Algoma Steel announcing job cuts; unions expect the impact to reach 100,000 workers, and economists warn of broader economic consequences.

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36% Bias Score

Decent Work and Economic Growth
napoli.repubblica.it
🌐 75% Global Worthiness
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Jabil to close Italian plant, 413 jobs at risk

Jabil's Marcianise, Italy plant will close, resulting in 413 job losses after the company refused to negotiate with unions and the regional government; Minister Adolfo Urso is arranging another meeting on April 16th to find a solution, while unions will challenge the layoffs legally.

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52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Hudson's Bay to Liquidate Most Stores, Thousands of Jobs at Risk

Hudson's Bay Company, facing financial difficulties, is liquidating most of its stores in Canada, beginning Monday and concluding by mid-June, potentially resulting in over 9,300 job losses and over \$100 million in delayed or absent severance payments for employees.

Progress

48% Bias Score

Decent Work and Economic Growth
taz.de
🌐 85% Global Worthiness
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Duisburg Steel Job Cuts to Trigger 55,000 Job Losses Across Germany

A study reveals that 11,000 job cuts in Duisburg's steel industry will trigger a domino effect, endangering 55,000 more jobs nationwide, causing a €5.6 billion GDP reduction, primarily affecting the automotive and mechanical engineering sectors; transition to climate-neutral production is key.

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44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Health Secretary to Axe Hundreds of NHS Quangos, Slashing Jobs

Health Secretary Wes Streeting announced the abolishment of NHS England and hundreds of other health quangos to cut costs and improve efficiency, potentially resulting in 20,000-30,000 job losses, despite initially opposing such a large-scale reorganization.

Progress

60% Bias Score

Good Health and Well-being
edition.cnn.com
🌐 85% Global Worthiness
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Trump Layoffs Trigger Potential D.C. Recession

The Trump administration's federal government overhaul has resulted in at least 103,452 job losses nationwide, significantly impacting Washington D.C.'s economy, with economists predicting a potential recession this year due to reduced consumer spending and increased housing inventory.

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 130 results