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layoffs

World lost equivalent of 255 million jobs in 2020: UN
Business 3 months ago

World lost equivalent of 255 million jobs in 2020: UN

Official global unemployment shot up by 1.1 percent, or 33 million more people, to a total of 220 mi...
More media workers report labor rights violation after jobs law passed: LBH Pers
National 6 months ago

More media workers report labor rights violation after jobs law passed: LBH Pers

Most of the reports were related to layoffs and furloughs experienced by media workers.
Journalists face risk of COVID-19 infection, pay cuts and job losses
National 6 months ago

Journalists face risk of COVID-19 infection, pay cuts and job losses

The AJI insisted that the crisis should not be used as an excuse for media companies to lay off thei...
Garuda terminates contracts of 700 workers amid low demand
Business 6 months ago

Garuda terminates contracts of 700 workers amid low demand

The company turned in a loss of US$712.7 million in the first half of this year, a stark difference ...
Entrepreneurs association predicts zero increase in Jakarta’s minimum wage next year
Business 6 months ago

Entrepreneurs association predicts zero increase in Jakarta’s minimum wage next year

Manpower Minister Ida Fauziyah said in August that around 3.5 million workers had been laid off or f...
Cathay Pacific to cut thousands of jobs, close subsidiary airline
Business 6 months ago

Cathay Pacific to cut thousands of jobs, close subsidiary airline

Cathay Pacific is to slash up to 5,900 jobs and shutter its Cathay Dragon subsidiary, the Hong Kong ...
New US jobless claims rise sharply to 898,000 last week
Business 7 months ago

New US jobless claims rise sharply to 898,000 last week

The jump brought the levels of initial claims back to where they were in late August, and remained a...
Wells Fargo fires over 100 employees for COVID-19 relief fund misuse: Source
Business 7 months ago

Wells Fargo fires over 100 employees for COVID-19 relief fund misuse: Source

The bank believes some of its staffers made “false representations in applying for coronavirus...
ExxonMobil to cut European workforce 11% with 1,600 layoffs
Business 7 months ago

ExxonMobil to cut European workforce 11% with 1,600 layoffs

ExxonMobil employs 75,000 workers worldwide, and 14,000 in Europe, said Europe is still key to its o...
Shell plans to cut up to 9,000 jobs in transition plan
Business 7 months ago

Shell plans to cut up to 9,000 jobs in transition plan

Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10 percent of i...
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