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by Ben PERRY Agence France-Presse LONDON, United Kingdom (AFP) — Thousands of auto sector jobs are set to go across Europe, Jaguar Land Rover and Ford announced Thursday, under major restructuring as consumers dump diesel cars for greener electric vehicles. Brexit-facing JLR will axe around 4,500 mostly UK jobs, the Indian-owned carmaker said, after a slump in Chinese sales last year. US carmaker Ford said it planned a major restructuring of its European operations, including […]
TAIPEI, Taiwan (AFP)–Taiwan’s struggling smartphone maker HTC announced Tuesday it would slash 1,500 jobs, around a fifth of its total workforce, in the biggest staff cull for three years following heavy losses. The announcement of the cuts to its manufacturing workforce comes despite a new deal with Google, completed in January, which boosted HTC’s first quarter performance after a dismal 2017. Once a star of the intensely competitive smartphone sector, HTC has been struggling in […]
SYDNEY, Australia (AFP) — Australia’s dominant telecommunications company Telstra Wednesday announced plans to axe 8,000 jobs as part of a drastic new strategy to simplify the business and stay competitive in a rapidly changing industry. The decision by Telstra, one of Australia’s largest employers, is part of a shake-up targeting an extra Aus$1 billion (US$750 million) in cost-cutting by 2022, on top of Aus$1.5 billion previously announced. “We are creating a new Telstra that is […]
Frankfurt am Main, Germany (AFP) — The growing use of electrified vehicles is expected to cost Germany’s crucial car sector some 75,000 jobs by 2030, a study found Tuesday, with smaller auto parts suppliers set to be worst hit. The IG Metall union, which commissioned the study along with BMW, Volkswagen, Daimler and a string of car parts makers, said the pivot towards cleaner engines posed a “major challenge” to Germany’s biggest industry, which […]
QUEZON CITY, Philippines (Eagle News) — An estimated half a million, or 500,000 new jobs will be created with the $6 billion investment deal from Japan, according to Trade Secretary Ramon Lopez. The trade chief after their successful visit in Japan said that there are 18 Japanese firms that will invest in the Philippines, which include investments in manufacturing, infrastructure, and information and communications technology. The investment deal was sealed during President Rodrigo Duterte’s recent […]
NEW YORK, United States (AFP) — Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales, the company said Tuesday. The maker of Sprite and Fanta announced the job cuts as it reported lower second-quarter profits due to restructuring costs and flat sales amid efforts to tout new low-sugar beverages in response to flagging demand for soda. The job cuts account for about one percent of the […]
CCTV — China created 3.34 million new jobs in the first quarter this year, according to a press conference held by Ministry of Human Resources and Social Security in Beijing on Tuesday. China’s employment situation was recorded as generally stable in the first quarter, with the number of new jobs created in urban areas from January to March this year being 160,000 higher than in the same period of 2016. The unemployment rate in the […]
In the Philippines, April is regarded as “Graduation Month” because commencement exercises are usually scheduled during this time of the year. Graduation is the award or acceptance of an academic degree or diploma, which have finished a certain level of education. Filipinos highly value this much-awaited event, especially if one of the family members will soon turn the tassel. For the graduates, this meaningful moment of their life becomes a milestone through-out their journey in […]
QUEZON City, Philippines (April 3) – Graduation is upon us! Fresh graduates now have that unenviable task of looking for employment. Fortunately, finding a job in this day and age is not as difficult as in the past. One only needs to go to the myriad of online job sites to find one that will suit his or her preferences. Early this year,online job site Jobstreet.com released a list of the top 10 highest-paying fields […]
(Eagle News) — Nilagdaan na ni Labor Secretary Silvestre H. Bello III ang kautusan na nag-uutos ng total ban sa labor-only contracting at maging sa “endo” o end of contract. Ang Department Order 174 o ang Implementing Rules 106- 109 ng Labor Code ay ipapatupad na ilang buwan matapos ang konsultasyon sa labor at management. Bahagi ito ng ipinangako ni Pangulong Rodrigo Duterte na wawakasan na ang illegal contracting at ‘endo.’ Ang DO No. 174 […]
LONDON, United States (AFP) — United States tech and retail giant Amazon on Monday said it would create 5,000 British jobs this year, in a show of confidence in the United Kingdom economy ahead of Brexit. “Amazon UK today announced plans to create more than 5,000 full-time jobs this year, taking the company’s total UK workforce to over 24,000,” a statement said. “These new job opportunities are for people with all types of experience, education and […]
QUEZON City, Philippines (November 8) – Before the Aquino Administration left the Malacañang on June, many people agreed that our economy has grown quite a bit. However, when it comes on employment rate in the country, much is left to be done. According to the Labor Force Survey conducted before Aquino end his Administration, the country’s unemployment rate is very high at 5.8 percent. The research group even added that government data show that “the Philippines still […]
