Tag: Workforce

The hourly minimum wage for workers in Germany, Europe's biggest economy, will rise in two stages to 14.60 euros ($17) by 2027 from 12.82 euros, the cabinet agreed on Wednesday. ...

Eli Lilly said on Wednesday it will invest more than $1.2 billion to expand its manufacturing site in Puerto Rico, as the drugmaker looks to increase its U.S. production capacity ...

Companies around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while consumer sentiment dims and AI-focused tech companies start to ...

AI is now altering how parents think about their children’s futures. A survey of U.S. parents of 12- to 24-year-olds by Zety found that 97% fear AI could disrupt or ...

PwC has reduced its global workforce for the first time in 15 years, cutting 5,600 jobs to bring total headcount below 365,000 as the accounting giant adjusts to slower revenue ...

U.S. consumer confidence eased to a six-month low in October amid worries about the availability of jobs in the near-term, offering more ammunition for the Federal Reserve to cut interest ...

Amazon said on Tuesday it will reduce its global corporate workforce by about 14,000 people, with more cuts expected next year, in a major shakeup driven in part by adoption ...

U.S. Senator Bernie Sanders on Tuesday called on Amazon.com founder Jeff Bezos to account for what the Vermont independent said were hundreds of thousands of potential lost jobs due to ...

Britain's budget watchdog is expected to cut a key productivity forecast by a larger-than-expected 0.3 percentage points, people familiar with the situation said, potentially leading to a 20 billion-pound ($26.8 ...

Remote-friendly office positions have seen workers’ compensation claims drop as much as 40% since 2020, a new analysis by the National Council on Compensation Insurance (NCCI) shows.  The decline is ...