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UK employment growth slowed in March as COVID began to hit: ONS

LONDON (Reuters) – The number of people in jobs in Britain grew more slowly in March than in February, official figures showed on Tuesday in an early sign of the impact of the coronavirus shutdown which is expected to hammer the jobs market. Growth in the numb... More »

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Thailand job losses may hit 10 million if virus outbreak drags on

BANGKOK (Reuters) – Thailand’s job losses may reach 10 million if the coronavirus outbreak continues for a few months, a business advisory council said on Monday. Southeast Asia’s second-largest economy is being hit hard by the virus outbreak and is heading in... More »

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Japan faces higher risk of job losses, data analysis shows

TOKYO (Reuters) – Japan may see new hirings slow and job losses increase, particularly among service-sector firms struggling to cope with the intensifying pain of the coronavirus crisis, according to an analysis of survey data by a private think-tank. Dai-ichi... More »

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Siemens CEO rules out job cuts from coronavirus impact

ZURICH (Reuters) – Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be extended in Germany. “No one at Siemens will leave because o... More »

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Business survey suggests U.S. labor market may have peaked

WASHINGTON (Reuters) – There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the labor market has likely peaked and job gro... More »

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Walmart sacks 56 executives in India as part of restructuring

NEW DELHI (Reuters) – Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country. The move underscores the challenges Walmart has faced in expanding its wholesale business in India. The Bentonville, Ark... More »

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Walmart India says eight senior staff among 56 executives fired

NEW DELHI (Reuters) – Walmart Inc (WMT.N), the world’s largest retailer, has fired 56 of its India executives including eight from senior management, Krish Iyer, President and CEO of its India unit, said on Monday. In a statement emailed to Reuters, Iyer said ... More »

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Don’t be misled by Brexit jobs trickle – London finance chief

LONDON (Reuters) – Britain’s vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London’s policy chief told Reuters, warning people not to be duped by the low number of job moves to the continent ... More »

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Your Money: Pay yourself first? Last is how small biz often works

NEW YORK (Reuters) – Everyone knows the Golden Rule of business is to pay yourself first. But more than half of small business owners are going months without pay – if they are taking any at all. About a quarter of these entrepreneurs go two to six months with... More »

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Amazon to offer more than 1,000 apprenticeships in Britain

LONDON (Reuters) – Online retailer Amazon will create more than 1,000 apprenticeship roles in Britain over the next two years, it said on Tuesday, indicating the country’s imminent departure from the European Union is not deterring it from investing. With only... More »

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KPMG to lay off 400 employees in South Africa in latest shake-up

JOHANNESBURG (Reuters) – Global auditor KPMG said on Monday it will lay off up to 400 people in South Africa, in its latest shake-up following a corruption scandal that saw it lose several major clients. The auditor has taken a number of steps since last Septe... More »

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U.S. jobs growth expected to regain momentum in April

WASHINGTON (Reuters) – U.S. job growth likely accelerated in April after a weather-related slowdown in the previous month, with the unemployment rate expected to drop to near a 17-1/2-year low of 4.0 percent. The Labor Department’s closely watched employment r... More »

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Gemalto CEO sticks to plan to cut 288 jobs in France

Patrice Caine, Chairman and Chief Executive Officer of Aerospace and defence group Thales, and Philippe Vallee, Chief Executive Officer of chipmaker Gemalto, shake hands before a news conference in Paris, France, December 18, 2017. REUTERS/Philippe Wojazer PAR... More »

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Reuters surveys UK financial services jobs post-Brexit

Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. More »

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UK earnings after inflation shrink at fastest pace since 2014

A municipal worker sweeps the street outside the cabinet office in Westminster, central London, Britain, June 9, 2017. REUTERS/Clodagh Kilcoyne British workers’ earnings after inflation contracted at the fastest pace since 2014 in the three months to April, un... More »

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Vodafone to add over 2,000 British jobs to improve services

Branding for Vodafone is seen on the exterior of a shop in London, Britain, September 10, 2015. REUTERS/Toby Melville Mobile operator Vodafone will create 2,100 new customer service jobs across Britain in the next two years as part of an investment drive to im... More »

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Trump to seek jobs advice from firms that offshore U.S. work

Employees work on a turbine at the General Electric plant in Belfort, France, February 22, 2017. REUTERS/Vincent Kessler President Donald Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from... More »

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UK wage growth slows in late 2016, employment picks up

FILE PHOTO – People look at job listings at the Careers and Jobs Live careers fair at the ExCeL centre in London April 19, 2009. REUTERS/Luke MacGregor/File Photo British workers saw their pay grow more slowly than expected at the end of last year, official da... More »

Jobless recovery looms for white-collar U.S. oil workers

An oil refinery is seen in Carson, California March 4, 2015. REUTERS/Lucy Nicholson Elizabeth Huber lost her job inspecting oilfield pipes nearly 20 months ago and her prospects remain bleak even as oil executives cautiously plot production and budget increase... More »

Qatar’s Al Jazeera network laying off 500 employees

DOHA Qatar’s Al Jazeera broadcasting network is laying off about 500 employees or more than 10 percent of its staff, it announced on Sunday reflecting financial pressures on the tiny Gulf state due to low global prices for oil and natural gas. Most of those af... More »