Finance News – Job Losses
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Remote retailers facing 'collapse' amid Centrepay crackdown
Several remote merchants anticipate financial difficulties and potential shutdowns due to increased regulations on a government payment program linked to concerns about the exploit...
Read Full Article →Santander to buy TSB for £2.65bn amid fears of branch closures and job losses
Santander’s acquisition of TSB for £2.65 billion represents a significant consolidation in the banking sector, potentially impacting operational structures and employment within th...
Read Full Article →James Reed: UK jobs market is among worst I’ve ever seen
The prolonged downturn in employment over nearly three years highlights significant challenges in the UK labor market, potentially impacting economic growth, business stability, an...
Read Full Article →Trump's 'Revenge Tax': Are Jobs and Your Retirement Savings at Risk?
The proposed retaliatory tax targeting foreign investors has raised concerns among experts that it may negatively impact employment opportunities and the stability of retirement fu...
Read Full Article →Google Buyouts Could Point to More Tech Layoffs, as Sector Faces Heavy Job Losses
Recent buyout offers from major tech companies may indicate a continuing trend of workforce reductions across the industry, reflecting broader financial challenges and restructurin...
Read Full Article →Klarna boss: AI will lead to recession and mass job losses
The widespread adoption of artificial intelligence in the workplace may significantly disrupt employment and economic stability, potentially resulting in decreased consumer spendin...
Read Full Article →Job losses flow down the line from troubled SA steelworks
The administration of Whyalla's steelworks has led to widespread economic challenges, causing several related companies to reduce their workforce due to decreased demand and financ...
Read Full Article →'George Town struggles as it is': Smelter work pause worries locals
The reduction in smelter operations at Liberty Bell Bay, a major local employer with over 250 staff, raises concerns about potential economic challenges and job losses in the Georg...
Read Full Article →Shattered workers fear for town's future amid cheese factory closure
The impending shutdown of a major local cheese production facility is expected to result in significant employment reductions, potentially impacting the economic stability of the s...
Read Full Article →US manufacturing sees job losses despite Trump’s hopes of a revival
In April, the manufacturing sector in the US experienced a decrease of 1,000 jobs, challenging the anticipated recovery and raising concerns about the effectiveness of protective t...
Read Full Article →68,000 job losses possible in Ontario this year due to U.S. trade war: report
A recent report estimates that U.S. tariffs and Canada's retaliatory measures may lead to significant job losses in Ontario, potentially affecting over 137,000 positions by 2029.
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