The US economy shed 701,000 jobs in March amid the damage inflicted by the coronavirus shutdowns, while the unemployment rate surged to 4.4 percent, the Labor Department reported Friday.
Banking giant HSBC plans to cut some 35,000 jobs worldwide during the next three years as it restructures and increases it focus on Asia.
Nissan Motor Co unveiled its biggest restructuring plan in a decade, axing nearly a tenth of its workforce and flagging possible plant closures to rein in costs that ballooned when Carlos Ghosn was CEO.
French Finance Minister Bruno Le Maire said on Tuesday he would fight to save jobs at a General Electric (GE) plant in eastern France where more than 1,000 posts are threatened.
British Steel, the country's second largest steel producer, is on the brink of collapse unless the government agrees to provide an emergency 30 million pound ($38 million) loan, two sources close to the situation said.
Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.
A number of Arab communities recently participated in Silatech’s cultural event for fundraising at Mall of Qatar, supporting Silatech’s endeavours to create job opportunities for youth.
India's main opposition Congress party pledged on Tuesday to expand a rural employment guarantee programme, reward businesses for creating jobs and scrap an 1870 sedition law ...
Doha Bank hosted a knowledge sharing session on “Strategic customer profitability through customer centricity” on Saturday.
French banking group Societe Generale is planning to cut 1,500 positions in its BFI corporate and investment banking arm, Le Figaro newspaper reported on Saturday.
Jaguar Land Rover (JLR) will cut 10 percent of its workforce, mostly in its home market, as Britain's biggest carmaker faces lower Chinese demand and a slump in European diesel sales.