German industrial giant Siemens plans to eliminate about 11,600 jobs around the world as part of a major restructuring, a company spokesman told AFP on Friday. “These jobs will be cut,” the spokesman said, confirming remarks made by chief executive…
Browsing: Unemployment
European stock markets moved higher on Friday in low-volume trade, aided by upbeat Spanish unemployment figures, but gains were capped after sharp losses elsewhere following more weak data from China. In afternoon deals, London’s benchmark FTSE 100…
Struggling US computer giant Hewlett-Packard plans to slash 5,000 more jobs than previously announced because of a difficult business environment, a regulatory filing shows. HP will eliminate 34,000 positions by the end of its fiscal year next October…
Proposal emerges among range of measures including tougher employment criteria in leaked government report