Tag: labor
More Americans file for unemployment benefits, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job market broadly healthy.Applications for...
Bloomberg reports that Meta will lay off 5% of staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based...
Germany's economy shrank for the second consecutive year in 2024
BERLIN -- The German economy, Europe's biggest, shrank for the second consecutive year in 2024, according to preliminary official figures released Wednesday weeks...
Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant
LOUISVILLE, Ky. -- Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant...
European Investment Bank to boost funds for Bangladesh as it weathers political turmoil
DHAKA, Bangladesh -- A senior official of the European Investment Bank says the regional lending agency is keen to double its funding for...
Striking ski patrollers at the biggest US resort return to work claiming victory
Two hundred Utah ski patrollers returned to work Thursday after voting to accept a new labor contract and end a nearly two-week strike...