Articles for tag: Closure , due , Jobs , lost , stores , Thousands , utility

We to cut 80,000 veterans jobs, causing anger

A sign marks the headquarters of the Veteran Case Department in Washington, DC, USA, February 20th 2025 – Reuters Washington: The US Department of Veterans Affairs is going to reduce more than 80,000 jobs in an effort to reduce the 2019 staffing levels, a decision that has caused strong criticism from veterans and Democrats, who argue that it could endanger critical support for the former. VA staff chief Christopher Syrek sent a note to senior officials on Tuesday, telling him that the goal was to return the agency in 2019 staffing levels of just 400,000. This would mean the cut

January 5, 2025

Wall Street is expecting a big test with the key jobs report

Listen to the article NEW YORK: The stock market faces its first major test of the year next week, with investors counting on the US jobs report to show a solid but not overheated economy underpinning expectations for stock gains in 2025. Stocks fell in late December and early January, cooling off after a dismal run. The benchmark S&P 500 ended 2024 up 23% and posted its biggest two-year gain since 1997-1998. The outlook for a third year in a row depends in part on the strength of the economy, with labor market data among the most important readings on

October 25, 2024

Dubai’s aviation sector promises an additional 185,000 jobs over the next 5 years

A representational image showing an air marshal piloting an airplane down a runway. — Unscrew Attention job seekers! Dubai is set to create 185,000 new jobs by 2030, taking its total workforce in aviation-related roles to 816,000, a recent report by Emirates Group and Dubai Airports has revealed. This means there will be no slowdown in new aviation hiring, which began immediately after the peak of the COVID-19 crisis in late 2021, Gulf News was mentioned. During this period, recruitment of pilots, cabin crew and ground staff reached unprecedented levels. “Our growth plans will create even more skilled jobs and

October 15, 2024

Boeing is preparing notices to cut thousands of jobs as the crisis deepens

Boeing worker Riley Nelson holds a sign in a queue near the entrance to a Boeing manufacturing facility in Renton, Washington, U.S. on October 11, 2024. — Reuters Thousands of Boeing workers are set to receive layoff notices within weeks, as a senior United States official flew to Seattle to try to defuse a strike and a major airline issued a warning about deepening plane unrest, industry sources said. US Deputy Labor Secretary Julie Sue’s first personal intervention comes days after Boeing BA N unveiled plans to cut 17,000 jobs and take a $5 billion write-off, continuing a year of

October 12, 2024

Boeing says it is cutting 17,000 jobs as it posts a $5 billion third-quarter loss

A strike sign hangs from a post near a Boeing sign as Boeing factory workers and supporters gather in a line during the third day of a strike near the entrance to a Boeing manufacturing facility in Renton, Washington, US, September 15, 2024. — Reuters Global aerospace company Boeing said it would cut 17,000 jobs, 10% of its workforce, and delay the first deliveries of its 777X jet by a year, as it posted a $5 billion loss in the third quarter amid ongoing long-term strikes of a month. by its employees. “We are realigning our workforce levels to align

September 6, 2024

China’s Xi pledges $51 billion in support for Africa, promises one million jobs

BEIJING: President Xi Jinping pledged on Thursday to boost China’s support across debt-laden Africa with nearly $51 billion in financing over three years, supporting more infrastructure projects and the creation of at least 1 million jobs. China was ready to strengthen cooperation with Africa in industry, agriculture, infrastructure, trade and investment, Xi told delegates from more than 50 African countries gathered in Beijing for the triennial Forum on China Summit Cooperation – Africa. “China and Africa account for one-third of the world’s population. Without our modernization, there will be no global modernization,” Xi said. China, the world’s largest bilateral lender,

August 27, 2024

Govt urged to protect PIA jobs

The National Assembly panel on Monday recommended the government to direct the buyer of Pakistan International Airlines (PIA) to retain employees for at least five years after its privatisation. The airline has incurred losses of 500 billion rupees in the last eight years. However, this recommendation by the National Assembly’s Standing Committee on Privatization is contradicted by comments from prospective buyers. During pre-bid conferences over the past 10 days, buyers expressed reluctance to retain employees, with at least two bidders saying they would prefer to sign new contracts with employees. Some bidders also indicated that all employee liabilities up to

August 2, 2024

Simone Biles claps back at Donald Trump’s ‘black jobs’ comment.

Simone Biles, the American athlete famous for her Olympic record achievements, took some time to call out Donald Trump on social media following his controversial comments at a gathering of black journalists earlier this week. Early Friday, Biles tweeted, “I love my black job” with a black heart emoji, responding to a post of hers proudly displaying her latest Olympic gold medal. Singer Ricky Davila chimed in, tweeting, “Simone Biles is the GOAT, winning gold medals and dominating gymnastics is her black job,” highlighting Biles’ accomplishments as a perfect rebuttal to Trump’s comments. That exchange was a sharp response to

August 2, 2024