workforce

  • Volkswagen shutting down 3 factories in Germany – thousands to lose their jobs

    Further talks between Volkswagen and trade union leaders held on Wednesday. Volkswagen’s management wants to close at least three plants, cut tens of thousands of jobs, and also slash pay by 10% for remaining staff, according to a statement from staff representatives. The manufacturer is also seeking to downsize all remaining plants, added the document.…

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  • A summer break is on the horizon for many Europeans – but a sizeable chunk are heading into their holidays feeling unusually anxious and run-down. The COVID-19 pandemic, the war in Ukraine and now the cost of living crisis are battering the morale of European workers in an unprecedented way, according to new research by…

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  • Diversity and inclusion are no longer “nice to haves;” they are critical to a company’s value creation. If companies are not being intentional in attracting and retaining diverse talents, they will be missing out on the potential to innovate, compete, and thrive. It is not enough to pay lip service and publish performative statements supporting…

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  • Twitter, the financially troubled social networking site, will be cutting its workforce by 8 percent before the company’s third quarterly financial report. Bloomberg released the confirmation Thursday 27 October. As speculations on a possible takeover by Google have proved unrealistic for the company which has never made profits, over 300 Twitter employees are expected to…

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