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French bank SocGen to cut about 900 jobs at Paris head office

Societe Generale plans to cut about 900 jobs at its Paris headquarters through voluntary departures, France's third-biggest listed bank said on Monday, adding to...

IMF warns AI to hit almost 40% of jobs worldwide and worsen overall inequality

The International Monetary Fund (IMF) warned that nearly 40% of jobs across the globe could be affected by the rise of artificial intelligence, with...

Meta prepares more layoffs across Facebook, WhatsApp, Instagram

Meta Platforms Inc. was to set to start cutting jobs across the company on Wednesday as it restructures teams and works toward founder Mark...

Austria looks abroad to address labour shortage

The Austrian Federal Economic Chamber (WKÖ) and the Labour Ministry want to work together to counteract the massive labour shortage in the coming years,...

Meta to cut 10,000 jobs in second round of layoffs

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, the first Big Tech company to announce a second round of mass layoffs...

Ford to cut 3,800 jobs in Europe in shift to electric vehicle production

Automaker Ford on Tuesday said it intends to cut 3,800 jobs in Europe over the next three years to adopt a “leaner” structure as it...

Ford to cut up to 3,200 European jobs, union says, vowing to fight

Ford Motor Co plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany's IG...

Google cutting 12,000 jobs in 6% slash to global workforce

Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce, becoming the latest tech giant to...

Global jobs growth will halve in challenging 2023 says ILO

Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of...

More than half of German companies report labour shortages

More than half of Germany's companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce and...