By Rafaela Lindeberg and Kati Pohjanpalo Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said it will cut 1,200 jobs in Sweden, reducing costs as it faces lower sales from mobile providers. The company also plans to cut costs separately by eliminating facilities and the use of… Continue reading Ericsson to slash 1,200 Swedish jobs in bid to cut costs amid lower sales | World News
Tag: jobs
Mumbai’s BEST stir to continue as bus staff seek permanent jobs, equal pay
A group of protesting employees of private bus operators contracted by Brihanmumbai Electric Supply and Transport (BEST) undertaking on Monday sought permanent jobs in the civic-run transporter. Addressing a press conference, they said those who cannot be absorbed permanently must be taken on contract, adding that they sought ‘samaan kam, samaan dam’, or… Continue reading Mumbai’s BEST stir to continue as bus staff seek permanent jobs, equal pay
US adds 187,000 jobs, unemployment rate unexpectedly drops to 3.5%
By Augusta Saraiva US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with sustained labor demand that’s at the root of renewed momentum in the economy. Nonfarm payrolls increased 187,000 last month following a similar advance in June, a Bureau of Labor… Continue reading US adds 187,000 jobs, unemployment rate unexpectedly drops to 3.5%
Kharge lashes out at BJP, says only 1.2 mn formal jobs added in 5 years
Mallikarjun Kharge, Congress President Congress president Mallikarjun Kharge on Friday claimed that India under the Modi government has added only 12.2 lakh formal jobs in the past five years, and said that for the survival of the poor and middle class, the BJP needs to be “thrown out of power”. Kharge charged that… Continue reading Kharge lashes out at BJP, says only 1.2 mn formal jobs added in 5 years
Lucknow emerging as industrial & logistic hub; sector to generate 70K direct jobs in next 5 yrs: CBRE
Lucknow region is emerging as a key industrial and logistics hub in North India after Delhi-NCR as the warehousing sector is estimated to generate 70,000 direct employment opportunities over the next five years, according to property consultant CBRE. In a statement on Thursday, CBRE South Asia said that Lucknow region has witnessed about… Continue reading Lucknow emerging as industrial & logistic hub; sector to generate 70K direct jobs in next 5 yrs: CBRE
India’s construction sector likely to see 100 mn jobs by 2030: Knight Frank
The total number of jobs in India’s construction sector is expected to reach 100 million by 2030 from 70.6 million currently, according to a report released on Thursday. According to the “Skilled Employment in Construction Sector” report released by property consultancy Knight Frank and the Royal Institution of Chartered Surveyors (RICS) India, the… Continue reading India’s construction sector likely to see 100 mn jobs by 2030: Knight Frank
CVS Health Corp to cut 5,000 jobs amid shift away from retail focus
By Fiona Rutherford CVS Health Corp. will cut 5,000 positions from its workforce to help reduce costs as the drugstore chain focuses on broadening from its retail roots into more health-care offerings. None of the job losses will impact customer-facing positions in stores, pharmacies, clinics or customer services centers, a spokesman… Continue reading CVS Health Corp to cut 5,000 jobs amid shift away from retail focus
Hiring for white collar jobs in India falls 19% in July, says report
Hiring for white collar jobs declined 19 per cent in July compared to the year-ago period as many sectors, including FMCG, retail, insurance and education, witnessed cautious recruitment sentiments, according to a report. According to the Naukri JobSpeak Index released on Tuesday, job postings for white collar hiring in July stood at 2,573,… Continue reading Hiring for white collar jobs in India falls 19% in July, says report
500,000 new gig jobs to come up between July and December: TeamLease
As e-commerce companies gear up to tackle high demand in the upcoming festive season, India is likely to see 500,000 new jobs for gig workers, staffing solutions company TeamLease said in a statement on Tuesday. Currently, the country has around 200,000 open positions for gig workers primarily in last-mile delivery space and warehouse… Continue reading 500,000 new gig jobs to come up between July and December: TeamLease
500 jobs for winners, 1,000 centres to boost sports culture in Punjab
Punjab Sports Minister Gurmeet Singh Meet Hayer Monday said 500 jobs have been created for outstanding medal winners and 1,000 sports nurseries will be set up in the state. The Punjab Cabinet on Saturday approved the new sports policy, 2023, aimed to focus on training, incentives, robust infrastructure, and jobs for athletes. … Continue reading 500 jobs for winners, 1,000 centres to boost sports culture in Punjab