Tag #Job Losses

Showing 37 to 48 of 122 results

theglobeandmail.com
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Clearwater Seafoods' Restructuring Leads to Job Losses in Nova Scotia

Clearwater Seafoods is restructuring its Nova Scotia lobster operations, shifting to offshore harvesting and closing its Lockeport lobster processing line, resulting in approximately 72.5 job losses, and selling a lobster pound in Arichat; the company cites economic factors and aims to increase busi...

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40% Bias Score

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dailymail.co.uk
🌐 85% Global Worthiness
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UK Budget Tax Changes Threaten 160,000 Retail Jobs

Up to 160,000 part-time retail jobs in the UK could be lost over the next three years due to tax changes announced in the Budget, impacting young people and parents disproportionately, according to the British Retail Consortium (BRC), which also warned of increased shop closures.

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64% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Hospitality to Cut Staff and Investment Due to Tax Changes

Facing increased employer NICs (to 15%), a higher national minimum wage (£12.21), and reduced rate relief, 70% of UK hospitality businesses plan staff cuts, 60% will cancel investments, and 15% may close sites, according to a survey of over 8,000 sites.

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48% Bias Score

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dailymail.co.uk
🌐 75% Global Worthiness
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£200 Million Grangemouth Investment Announced Amid Refinery Closure

The UK government announced a £200 million investment in Grangemouth's transition to green energy, aiming to save the site from closure and attract further private investment, despite the impending loss of 400 jobs at the refinery this summer.

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44% Bias Score

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bbc.com
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£25M Scottish Fund for Grangemouth Refinery Closure

The Scottish government announced a £25 million "just transition" fund for Grangemouth following Petroineos's decision to close its refinery, resulting in over 400 job losses; this complements existing joint UK-Scottish funding and aims to facilitate the site's transition to a low-carbon energy hub ...

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48% Bias Score

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theguardian.com
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UK University Funding Crisis Deepens Amid Staff Cuts and Funding Reductions

The UK university funding crisis, marked by staff cuts, increased class sizes, and reduced student experiences, is worsening due to a decade-long failure to reform the higher education funding model, impacting all university staff and students.

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48% Bias Score

Quality Education
forbes.com
🌐 85% Global Worthiness
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Retail Job Losses Surge Amidst Bankruptcies and Restructuring

Retail faces massive job losses due to bankruptcies (Party City: 16,000; Joann: 19,000), store closures (15,000 vs 5,800 openings), and layoffs at major retailers (Estée Lauder, Starbucks, Kohl's, Walmart). This impacts the 55 million Americans employed directly or indirectly by retail, contributing...

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52% Bias Score

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forbes.com
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Musk Layoffs Pose 1 Million Job Loss Risk

Elon Musk's potential layoffs of federal workers, including contractors, could result in over 1 million job losses, posing significant economic risks and sparking concerns about a market correction, according to economist Torsten Slok.

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52% Bias Score

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bbc.com
🌐 75% Global Worthiness
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Technicolor's VFX Studios Face Collapse

Technicolor, owner of visual effects studios MPC, Mikros Animation, and The Mill, filed for administration in the UK on Monday, potentially impacting 446 UK employees and numerous ongoing projects, due to post-COVID economic issues and the US writers' strike.

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44% Bias Score

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dailymail.co.uk
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UK Small Firms to Cut Staff Amid Workers' Rights Bill Concerns

One-third of UK small businesses plan to cut staff in response to the proposed Workers' Rights Bill, which expands unfair dismissal grounds and increases sick pay costs, leading to concerns about increased unemployment and welfare costs according to the Federation of Small Businesses.

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72% Bias Score

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elpais.com
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189,203 Spanish Workers Faced Employment Changes in 2024

In 2024, 189,203 Spanish workers faced altered employment conditions—8,000 more than in 2023—primarily due to production reductions (85,519), economic reasons (32,260), and the Valencia floods (31,442 via ERTEs).

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32% Bias Score

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nos.nl
🌐 65% Global Worthiness
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Dutch Open University Faces 65 Job Cuts Due to €6.2 Million Deficit

The Open University in Heerlen, Netherlands, faces a €6.2 million budget deficit, potentially leading to 65 job losses by year's end due to decreased demand for online education after a pandemic surge. The university, employing 711 full-time staff, is implementing cost-cutting measures.

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40% Bias Score

Quality Education

Showing 37 to 48 of 122 results