Tag #Job Losses

Showing 61 to 72 of 220 results

de.euronews.com
🌐 85% Global Worthiness
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BSH Hausgeräte Factory Closure in Spain Exposes European Deindustrialization

BSH Hausgeräte will close its Esquíroz, Spain factory, potentially eliminating over 650 jobs and relocating production to Poland or Turkey, reflecting wider European deindustrialization driven by high energy costs, geopolitical instability, and the pursuit of lower labor costs.

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Job Losses Exceed Predictions After Tax Increase

The UK's employment figures have fallen by 276,000 since Chancellor Rachel Reeves's tax-raising Budget, exceeding initial predictions and reaching the highest unemployment rate in almost four years; this contrasts with Reeves' claims of a 'fixed' economy and upcoming large government spending plans.

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68% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Retail Job Losses Exceed 360,000 in a Decade

Britain's retail sector has lost over 360,000 jobs in the last decade, including almost 100,000 in the past year, due to rising costs and falling consumer confidence, impacting both young people and parents seeking flexible work.

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44% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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River Island's Financial Crisis Prompts Restructuring Plan

River Island, a British fashion retailer, reported a £33.2 million pre-tax loss and a 19% turnover drop in 2023, prompting a restructuring plan by PwC that may result in store closures and job losses within weeks.

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44% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 85% Global Worthiness
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Schroeder Foundation Bankruptcy Leaves Hundreds Jobless in The Hague

The bankruptcy of Stichting Schroeder in The Hague, a foundation running eight thrift stores and a social workplace serving nearly 300 people with disabilities, will lead to their closure next week, leaving hundreds without jobs or community support, despite a 6,500-signature petition.

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52% Bias Score

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welt.de
🌐 75% Global Worthiness
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Meyer Burger Files for Insolvency in Germany

Meyer Burger, a Swiss solar technology company, filed for insolvency for its German subsidiaries in Thalheim (331 employees) and Hohenstein-Ernstthal (289 employees) on Saturday, after years of financial struggles and failed restructuring efforts; the Swiss and US subsidiaries remain unaffected.

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36% Bias Score

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theguardian.com
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Poundland Sold for £1, Dozens of Store Closures Expected

Poundland, a UK discount retailer with 800+ stores and 16,000 employees, was sold for £1 to Gordon Brothers due to challenging trading conditions and increased competition, leading to expected store closures and job losses.

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36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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400 Scottish Jobs at Risk as Bus Maker Relocates to England

Alexander Dennis, a Scottish bus manufacturer, plans to move its operations to Scarborough, England, risking up to 400 jobs due to competition from Chinese manufacturers and a lack of UK government support for local manufacturing; the Falkirk plant will close, and the Larbert plant will close after ...

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48% Bias Score

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zeit.de
🌐 85% Global Worthiness
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German Industrial Job Losses Exceed 100,000

Germany's industrial sector experienced a net loss of 101,000 jobs in the past year, primarily impacting the automotive industry (-45,400 jobs) due to decreased sales, Chinese competition, and e-mobility transition; further job losses are anticipated.

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40% Bias Score

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sueddeutsche.de
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US Tariffs to Cost Germany 90,000 Jobs

US tariffs are projected to cost Germany 90,000 jobs annually, impacting the automotive industry and several states; however, government initiatives aim to mitigate the damage by 2026.

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44% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Hollywood Job Losses Prompt California Tax Credit Increase

The 2023 Hollywood strikes caused a significant decline in California's film and television industry, resulting in a loss of roughly 40,000 jobs and a 58% decrease in television production in Los Angeles since 2021, prompting Governor Newsom to propose a tax credit increase to revitalize the struggl...

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44% Bias Score

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elpais.com
🌐 75% Global Worthiness
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Azucarera Announces 251 Job Cuts, La Bañeza Plant Closure

Azucarera, a British-owned Spanish sugar company, announced the closure of its La Bañeza plant in León, resulting in 251 job losses, primarily due to decreased sugar consumption, increased production costs, and cheaper Ukrainian imports. The company will consolidate production in three other locatio...

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48% Bias Score

Decent Work and Economic Growth

Showing 61 to 72 of 220 results