Evonik Restructuring: 7,000 Jobs Affected by Major Restructuring
Evonik, a German chemical company, is restructuring, separating its "Technology & Infrastructure" division, potentially selling the infrastructure unit with 3,600 employees, while cutting 2,000 administrative roles and selling other businesses, impacting around 7,000 jobs in total.
Evonik Restructuring: 7,000 Jobs Affected by Major Restructuring
Evonik, a German chemical company, is restructuring, separating its "Technology & Infrastructure" division, potentially selling the infrastructure unit with 3,600 employees, while cutting 2,000 administrative roles and selling other businesses, impacting around 7,000 jobs in total.
Progress
48% Bias Score
INE to Improve Job Vacancy Data Collection in Spain
Spain's National Statistics Institute (INE) will improve its job vacancy data collection by 2027, incorporating online job portals to address criticisms of its current methodology, which shows a low vacancy rate despite high unemployment. The improved data is expected to give a more accurate picture...
INE to Improve Job Vacancy Data Collection in Spain
Spain's National Statistics Institute (INE) will improve its job vacancy data collection by 2027, incorporating online job portals to address criticisms of its current methodology, which shows a low vacancy rate despite high unemployment. The improved data is expected to give a more accurate picture...
Progress
40% Bias Score
French 2025 Salary Increases: 1.32% Average Masks Two-Tiered System
A Groupe Alpha study reveals a 1.32% average salary increase in France for 2025, but this masks a two-tiered system; companies offering base salary increases average 2.33%, while 42.6% provide only bonuses, impacting purchasing power differently across employee groups.
French 2025 Salary Increases: 1.32% Average Masks Two-Tiered System
A Groupe Alpha study reveals a 1.32% average salary increase in France for 2025, but this masks a two-tiered system; companies offering base salary increases average 2.33%, while 42.6% provide only bonuses, impacting purchasing power differently across employee groups.
Progress
44% Bias Score
B.C. Rental Market Sees Decline as New Units and Regulations Impact Investors
In British Columbia's housing market, declining rental rates, especially in luxury downtown Vancouver condos, are impacting investors due to increased purpose-built rental units, fewer international students, and stricter short-term rental rules; some landlords offer incentives to fill suites, while...
B.C. Rental Market Sees Decline as New Units and Regulations Impact Investors
In British Columbia's housing market, declining rental rates, especially in luxury downtown Vancouver condos, are impacting investors due to increased purpose-built rental units, fewer international students, and stricter short-term rental rules; some landlords offer incentives to fill suites, while...
Progress
52% Bias Score
Dry Promotions Rise: A Growing Equity Concern
Dry promotions, where employees gain titles or responsibilities without pay raises, are increasing, affecting 13% of companies in 2023 (Pearl Meyer); women and marginalized groups disproportionately experience this, potentially widening existing pay gaps.
Dry Promotions Rise: A Growing Equity Concern
Dry promotions, where employees gain titles or responsibilities without pay raises, are increasing, affecting 13% of companies in 2023 (Pearl Meyer); women and marginalized groups disproportionately experience this, potentially widening existing pay gaps.
Progress
24% Bias Score
French Profit-Sharing Law to Boost Employee Savings to €200 Billion by 2024
The 2023 French "loi sur le partage de la valeur" mandates profit-sharing for companies with 11-49 employees starting in 2025, boosting employee savings, which reached €190 billion in 2023 and are projected to grow 5% in 2024, impacting 13 million workers in nearly 400,000 companies.
French Profit-Sharing Law to Boost Employee Savings to €200 Billion by 2024
The 2023 French "loi sur le partage de la valeur" mandates profit-sharing for companies with 11-49 employees starting in 2025, boosting employee savings, which reached €190 billion in 2023 and are projected to grow 5% in 2024, impacting 13 million workers in nearly 400,000 companies.
Progress
28% Bias Score
Audi to Close Brussels Plant, Bypassing Social Plan
Audi will close its Brussels plant on February 28, 2025, eliminating approximately 3000 jobs without a social plan due to poor sales of the Q8 e-tron SUV and high logistics costs, prompting strong reactions from Belgian officials and labor unions.
Audi to Close Brussels Plant, Bypassing Social Plan
Audi will close its Brussels plant on February 28, 2025, eliminating approximately 3000 jobs without a social plan due to poor sales of the Q8 e-tron SUV and high logistics costs, prompting strong reactions from Belgian officials and labor unions.
Progress
48% Bias Score
Evonik Announces Major Restructuring Amidst German Chemical Industry Downturn
Evonik, a German chemical company, announced its largest-ever restructuring plan, impacting around 7000 jobs due to cost-cutting and the reorganization into two segments (Custom Solutions and Advanced Technologies), each with approximately €6 billion in annual revenue, effective April 1, 2025. Despi...
Evonik Announces Major Restructuring Amidst German Chemical Industry Downturn
Evonik, a German chemical company, announced its largest-ever restructuring plan, impacting around 7000 jobs due to cost-cutting and the reorganization into two segments (Custom Solutions and Advanced Technologies), each with approximately €6 billion in annual revenue, effective April 1, 2025. Despi...
Progress
4% Bias Score
Canadian Household Interest Payments Decline as Debt-to-Income Ratio Falls
Canadian household interest payments fell 0.6% to $176.9 billion in Q3 2023, the debt-to-income ratio dropped to 1.73, and the savings rate hit a three-year high of 7.1%, suggesting improved financial health despite income inequality and upcoming mortgage resets.
Canadian Household Interest Payments Decline as Debt-to-Income Ratio Falls
Canadian household interest payments fell 0.6% to $176.9 billion in Q3 2023, the debt-to-income ratio dropped to 1.73, and the savings rate hit a three-year high of 7.1%, suggesting improved financial health despite income inequality and upcoming mortgage resets.
Progress
36% Bias Score
2025: The Year of "Revenge Quitting" in the Workplace
The year 2025 is expected to see a surge in "Revenge Quitting," where employees leave their jobs to make a statement against their employers, fueled by burnout, poor communication, and dissatisfaction with work conditions. This follows "Quiet Quitting" and is driven by increased workloads, communica...
2025: The Year of "Revenge Quitting" in the Workplace
The year 2025 is expected to see a surge in "Revenge Quitting," where employees leave their jobs to make a statement against their employers, fueled by burnout, poor communication, and dissatisfaction with work conditions. This follows "Quiet Quitting" and is driven by increased workloads, communica...
Progress
44% Bias Score
Senate Republicans Block Democrats' NLRB Nominee
The Senate failed to confirm Lauren McFarren for another term on the National Labor Relations Board (NLRB) due to opposition from Sens. Manchin and Sinema, giving the incoming Trump administration control over the agency's composition and likely its agenda.
Senate Republicans Block Democrats' NLRB Nominee
The Senate failed to confirm Lauren McFarren for another term on the National Labor Relations Board (NLRB) due to opposition from Sens. Manchin and Sinema, giving the incoming Trump administration control over the agency's composition and likely its agenda.
Progress
44% Bias Score
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
Progress
44% Bias Score