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Do you need a degree to work in tech?
Big tech firms like IBM are no longer asking for degrees when hiring staff. More »
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California Senate passes bill to tighten ‘gig’ worker rule
SAN FRANCISCO (Reuters) – The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for gig economy companies like Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) to classify workers as independent contractors rath... More »
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China to reallocate 500,000 coal and steel workers in 2017: labor minister
Workers direct a crane lifting newly made steel bars at a factory in Dalian, Liaoning province, China, October 13, 2015. REUTERS/China Daily/File Photo China needs to reallocate half a million steel and coal workers in 2017 due to capacity cuts in these indust... More »
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Amazon to create over 5,000 jobs in Britain in 2017
FILE PHOTO: An Amazon package is seen after being delivered in London, Britain February 29, 2016. REUTERS/Toby Melville/File Photo Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its inves... More »
Half of employers see UK`s allure fading with Brexit: CBI survey
Workers cross Westminster Bridge during the morning rush hour in London in Britain, November 28, 2016. REUTERS/Toby Melville Half of British employers think the country’s attractiveness as a place to invest and hire will diminish over the next five years as it... More »
HSBC axes 840 IT jobs in Britain in first big wave of planned cuts
LONDON HSBC (HSBA.L), Europe’s largest bank, started laying off 840 information technology workers in Britain on Monday, the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year. Most of th... More »
Saudi job creation dries up as oil price slump hits broader economy
RIYADH Saudi Arabia’s plans for economic reform foresee winding down ‘jobs for life’ in an inefficient state bureaucracy and replacing them with new careers in a dynamic private sector. That’s the theory, at least. But in the short term, there is a problem: 20... More »
China expects to lay off 1.8 million workers in coal, steel sectors
BEIJING China said on Monday it expects to lay off 1.8 million workers in the coal and steel industries, or about 15 percent of the workforce, as part of efforts to reduce industrial overcapacity, but no timeframe was given. It was the first time China has giv... More »
Rolls-Royce to cut 400 marine division jobs: FT
Rolls-Royce Holdings PLC (RR.L) may announce a reduction of 400 management jobs in its marine division this week, the Financial Times reported, citing people familiar with the matter. Chief Executive Warren East’s aim with the marine restructuring will be to s... More »
GE cutting 262 more Lufkin oil unit jobs in Texas
General Electric Co (GE.N) said on Monday it was cutting 262 more jobs at its Lufkin oil unit in Texas and closing a foundry as it grapples with the plunge in global oil prices. GE earlier this year said it planned to eliminate some 575 jobs from Lufkin, bring... More »
Microsoft hands display ads to AOL, maps to Uber
SEATTLE Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft... More »
