Tag #Job Losses

Showing 25 to 36 of 218 results

bbc.com
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UK Hospitality Job Losses Hit 89,000 Amidst Rising Costs

Since last October, the UK hospitality sector has lost approximately 89,000 jobs—53% of all UK job losses—due to increased taxes, rising costs, and reduced consumer spending, with further losses anticipated.

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56% Bias Score

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abcnews.go.com
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International Paper Closing Georgia Mills, Eliminating 1100 Jobs

International Paper is closing its Savannah and Riceboro, Georgia paper mills by September, eliminating roughly 1100 jobs and impacting the timber industry, as part of a restructuring to focus on its packaging business and increase profitability; the company is also selling its pulp division for $1....

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40% Bias Score

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t24.com.tr
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Soma Power Plant Shutdown Threatens Thousands of Jobs

The Soma Thermal Power Plant in Turkey has stopped production due to a coal shortage, jeopardizing thousands of jobs and the regional heating system as winter nears, while the plant's transfer to new ownership is delayed, prompting calls for government transparency and intervention.

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40% Bias Score

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dw.com
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Indonesia's 5.12% Q2 2025 Growth Amidst High Job Losses

Indonesia's Q2 2025 economy grew by 5.12%, driven by household consumption (4.97%) despite 939,038 job losses (August 2024-February 2025), with the digital economy and government aid mitigating the impact.

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36% Bias Score

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aljazeera.com
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Canada Sheds 40,800 Jobs in July Amidst US Tariffs

Canada's economy lost 40,800 jobs in July, reversing June's gains and pushing the employment rate to a eight-month low of 60.7 percent; tariffs imposed by the US are cited as a key factor impacting manufacturing and construction.

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cnnespanol.cnn.com
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Argentina's Industrial Crisis: 31,000 Job Losses Since December 2023

Argentina's industrial sector, a major employment driver, has suffered an 11-month decline since President Milei's December 2023 inauguration, resulting in 31,000 job losses by April 2025 due to currency devaluation, increased imports, and reduced consumption.

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56% Bias Score

dailymail.co.uk
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UK Hospitality Job Losses Exceed Predictions After Budget Tax Increases

Following the October UK budget, the hospitality sector experienced nearly 89,000 job losses, comprising 53% of the UK's total job losses and significantly exceeding initial predictions; this disproportionately impacted hospitality due to increased business costs stemming from tax increases and mini...

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52% Bias Score

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nos.nl
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UK's North Sea Oil License Halt Causes Mass Job Losses in Aberdeen

The UK Labour government's halt on new North Sea oil and gas licenses is causing mass job losses in Aberdeen, Scotland, impacting thousands directly or indirectly employed in the oil and gas sector; the city's future depends on a successful transition to renewable energy, though concerns remain abou...

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48% Bias Score

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welt.de
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Bavarian Auto Industry Faces Massive Job Cuts Amidst Relocations

In Bavaria, Germany, thousands of automotive jobs are being cut, with the IG Metall union warning of tens of thousands more potential losses due to companies relocating production and research abroad, primarily for strategic profit reasons, despite claims of high costs and bureaucracy.

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48% Bias Score

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dailymail.co.uk
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Over Half of US Industries Cutting Jobs, Signaling Potential Recession: Moody's

Moody's Analytics chief economist Mark Zandi warns that over 53% of US industries are cutting jobs, exceeding a historical recession threshold, coupled with a depressed housing market and stalled job growth, signaling a potential recession.

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48% Bias Score

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bbc.com
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River Island to Close 33 UK Stores Amid Financial Restructuring

River Island, facing multi-million pound losses due to online shopping shift and high operating costs, will close 33 UK stores, cut 110 head office jobs, and reduce rents at 71 branches starting in January 2026, securing £54m in funding to avoid insolvency.

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40% Bias Score

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politico.eu
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EU-U.S. Trade Deal Lowers Auto Tariffs, But Job Losses Loom

The EU-U.S. trade deal lowers U.S. auto tariffs to 15 percent from 25 percent starting August 1, impacting European automakers who incurred significant losses from previous tariffs, with potential job losses in Europe estimated at 70,000 despite some companies continuing to lobby for further concess...

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36% Bias Score

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Showing 25 to 36 of 218 results