News

Wells Fargo CEO Charlie Scharf said on Wednesday he expects the U.S. bank's workforce to decline further as it focuses on efficiency.  "It's likely we'll have less headcount as we...

Japan's real wages fell for the ninth consecutive month in September as resurgent inflation outgrew nominal pay, government data showed on Thursday, highlighting the wage-price gap that complicates the Bank...

British companies' expectations for employment in the year fell last month for the first time in nearly five years, while expectations for future inflation touched the highest level since late...

U.S. companies announced 153,074 job cuts in October — the highest for any October since 2003, according to data from Challenger, Gray & Christmas. That figure is nearly three times...

The U.S. job market cooled in October, according to LinkedIn's November U.S. Jobs Report and consensus estimates, which show nonfarm payrolls increasing by about 40,000 jobs — down from roughly...

Unionized Starbucks baristas voted to authorize an open-ended strike ahead of Starbucks' high-traffic holiday season, announced Starbucks Workers United on Wednesday. The union said workers are prepared to strike if...

Pay settlements awarded by British employers held steady in the three months to September, according to a survey published a day before the Bank of England's interest rates decision. Incomes...

The U.S. federal government shutdown has reached its 36th day, marking the longest in American history and sending shockwaves through commercial real estate markets. The impasse, which began October 1...

Western Europe is showing early signs of stabilization and even cost declines, but parts of Central and Eastern Europe are seeing living expenses rise sharply — creating a more uneven...

American Airlines to trim some management, support staff roles