Tag #Job Losses

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

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

Decent Work and Economic Growth
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

Decent Work and Economic Growth
sueddeutsche.de
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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

Decent Work and Economic Growth
lefigaro.fr
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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

Decent Work and Economic Growth
zeit.de
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"Slow E-Car Sales in Germany Prompt Calls for EU-Wide Incentives"

"Following the end of Germany's electric vehicle subsidy, sales dropped, leading to Ford's Cologne plant planning to cut roughly 25% of its workforce within three years despite a €2 billion investment in electric vehicle production; Chancellor Scholz proposes EU-wide incentives, while the FDP critic...

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48% Bias Score

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liberation.fr
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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
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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welt.de
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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

Decent Work and Economic Growth
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
pt.euronews.com
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EU Fishing Cuts Spark Spanish Outrage, Threatening 17,000 Jobs

The EU plans to cut Mediterranean fishing days by 79%, sparking protests from Spanish fishermen who say it will destroy 17,000 jobs and 556 vessels, prompting the Spanish government to seek a compromise with France and Italy.

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56% Bias Score

Life Below Water