Finance News – Workforce
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Coinbase tightens workforce security after North Korea remote-worker threats
Coinbase is implementing enhanced security protocols and more rigorous employee screening to protect its operations and financial assets from potential cyber threats linked to Nort...
Read Full Article →‘People have a right to be happy’: the former Waitrose boss on how the UK can boost productivity
Improving employee satisfaction could increase workforce participation and contribute to stronger economic performance, potentially addressing some of the challenges currently affe...
Read Full Article →FatFace slims down workforce as brand returns to profit
Following its acquisition by a major retail group, FatFace reduced nearly 300 positions, contributing to improved financial performance and a positive shift in profitability during...
Read Full Article →In our first year Labour fixed the foundations – now we must build a stronger economy for a renewed...
Recent efforts have improved wage growth, employment levels, and trade relations, positioning the nation for future economic development while acknowledging the need for continued...
Read Full Article →These 10 states are America's best for workers in 2025
The listed states demonstrate notable economic advantages by fostering skilled labor forces and offering substantial educational and professional development opportunities amid a c...
Read Full Article →‘Workforce crisis’: key takeaways for graduates battling AI in the jobs market
The increasing use of artificial intelligence in recruitment and entry-level roles may reduce job opportunities for recent graduates, potentially impacting their financial stabilit...
Read Full Article →Liquid restaking token platform Inception to sunset operations after struggling to find ‘product mar...
The shutdown of Inception highlights challenges in achieving sustainable market demand for liquid restaking tokens amid broader industry shifts, as demonstrated by recent workforce...
Read Full Article →Prax Lindsey oil refinery owners urged to ‘do decent thing’ for workers
The potential financial impact on employees is significant as the government appeals to the refinery’s owners to provide assistance while efforts continue to secure a new buyer for...
Read Full Article →Eigen Labs lays off 25% of workforce to focus on EigenCloud: report
Eigen Labs is reducing its staff by a quarter to reallocate resources and prioritize development and growth efforts on its recently introduced cloud-based service, EigenCloud.
Read Full Article →An EY exec tells BI how the consulting firm is helping companies integrate AI this year: 'This idea...
The consulting firm's approach to AI integration may influence operational efficiencies and investment priorities, potentially affecting financial outcomes for both the company and...
Read Full Article →Live: Microsoft axing jobs in Australia, while Wall Street rises on Trump-Vietnam trade deal
Microsoft’s decision to reduce its global staff by four percent, including roles in Australia, highlights ongoing corporate cost adjustments amid evolving international trade devel...
Read Full Article →Owners of collapsed oil refinery Prax Lindsey took £11.5m in pay and dividends
The owners of the insolvent oil refinery received substantial earnings through salaries and dividends prior to its failure, raising concerns about their financial responsibility to...
Read Full Article →Bumble jumps 26% as dating company plans to axe 30% of workforce
The company’s shares rose sharply following plans to reduce its employee base by nearly one-third, reflecting investor optimism about cost-cutting measures and future profitability...
Read Full Article →Dating app Bumble to lay off hundreds of staff amid turnaround bid
Bumble’s decision to reduce its global headcount by nearly one-third reflects a strategic move to improve operational efficiency and enhance financial performance during a period o...
Read Full Article →AI's impact on the job market is ‘inevitable,’ says workforce expert: 'It's going to hurt for certai...
The introduction of artificial intelligence is expected to reshape employment patterns, potentially causing financial challenges for some workers while creating efficiency gains an...
Read Full Article →Amazon faces worker backlash over CEO's AI remarks
The CEO’s comments on potential job cuts due to AI advancements sparked employee dissatisfaction, which may impact Amazon’s operational stability and influence investor confidence...
Read Full Article →Britons have just 23 hours of ‘genuinely free’ time a week – so much for labour-saving technology |...
Advancements in automation have the potential to greatly increase productivity, which could allow individuals to allocate more time to leisure rather than work, impacting economic...
Read Full Article →Amazon CEO says AI will mean fewer jobs at the company. Here’s his advice on how people can keep the...
Amazon’s CEO predicts workforce reductions due to AI-driven automation but encourages employees to adapt to new technologies to maintain their positions and remain valuable within...
Read Full Article →AI will shrink Amazon's workforce in the coming years, CEO Jassy says
Amazon plans to reduce its employee numbers over time as the integration of advanced AI technologies aims to improve efficiency and potentially lower operational expenses.
Read Full Article →Mind the skills gap: why lifelong learning Is key to economic growth
Bridging the discrepancy between current education and market demands is crucial for enhancing workforce efficiency, supporting economic expansion, and mitigating potential financi...
Read Full Article →Will the North Sea oil and gas industry be Labour’s next U-turn?
Changes in government approach toward North Sea energy production could significantly impact employment levels, regional economic stability, and fiscal revenues derived from the se...
Read Full Article →Procter & Gamble to cut 7,000 jobs as tariff pressure hits operations
Procter & Gamble plans significant workforce reductions to address increased expenses from trade tariffs and shifting consumer confidence, aiming to enhance operational efficiency...
Read Full Article →McKinsey slashes 10 per cent of jobs in major overhaul
The decision to reduce staffing by a significant margin reflects the firm’s strategic shift toward improving financial performance following a period of rapid growth during the pan...
Read Full Article →JPMorgan Chase wants bosses to 'resist' hiring and use AI
JPMorgan Chase is considering a slowdown in workforce expansion by encouraging managers to limit new hires and focus on implementing artificial intelligence to enhance operational...
Read Full Article →Klarna CEO says AI helped company shrink workforce by 40%
The integration of artificial intelligence at the Swedish fintech firm has resulted in a substantial reduction of nearly half its staff, reflecting significant cost-saving measures...
Read Full Article →Burberry to cut 1,700 jobs as designer suffers heavy losses
The company plans to reduce its global staff by approximately 20%, a measure aimed at addressing substantial financial setbacks and improving overall cost efficiency.
Read Full Article →Burberry shares jump on turnaround hopes but job losses loom
Investors responded positively to Burberry’s improved prospects for the latter half of the year, although concerns remain due to the planned reduction of 20 percent of its employee...
Read Full Article →Microsoft to lay off 6,000 workers despite streak of profitable quarters
Microsoft's decision to reduce its staff by approximately 6,000 employees reflects an effort to optimize operational costs despite recent profitability and overall workforce growth...
Read Full Article →Nissan to shed 20,000 jobs as Japanese automaker reports loss
The reduction of roughly 15% of its international staff reflects Nissan's efforts to address financial challenges following the announcement of a fiscal year loss.
Read Full Article →Panasonic is cutting 10,000 jobs in a bid to boost efficiency
The planned reduction of 10,000 positions at Panasonic aims to lower operational costs and improve overall financial performance in a competitive market environment.
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