UK recession risk grows as firms cut staff at a sharp pace
Britain’s private sector companies shed workers at the fastest pace since the pandemic and the depths of the financial crisis, underscoring the Bank of England’s decision to halt…
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Security staff strike to halt departures from Berlin airport
BERLIN – Passengers at Berlin airport face disruptions on Monday with all flight departures cancelled due to a one-day strike by security workers, and some incoming flights also…
UK ambulance, university staff walk out again over low pay
LONDON – Ambulance workers in the UK on Friday staged the latest in a string of strikes over low pay, as university staff also stopped work. The walkout follows Monday’s biggest…
Twitter sacks half of staff as Musk launches overhaul
SAN FRANCISCO – Twitter sacked half of its 7,500-strong staff on Friday as new owner Elon Musk launched his major overhaul of the troubled company just a week after his…
Twitter locks staff stock accounts in anticipation of deal
Twitter Inc has frozen equity award accounts for employees days ahead of the deadline to close its deal with Elon Musk, Bloomberg News reported on Tuesday, a sign that the social…
UN atomic watchdog alarmed over shelling of Chernobyl staff town
VIENNA – The International Atomic Energy Agency has expressed concern after Ukraine warned of bombardment by Russia of the town where staff working at the Chernobyl nuclear site…
Cathay Pacific bleeds millions as staff fear China takeover
HONG KONG – In late January, staff of Cathay Pacific Airways were invited to an online meeting with senior management. It was supposed to be a debrief on the airline’s financial…
HSBC says Hong Kong Covid-19 clampdown may hurt ability to hire
LONDON – HSBC said Hong Kong’s strict curbs on travel and social interaction are hurting the economy and may impact the ability to hire and keep staff in the Asian financial hub,…
UOB launches flexi-work programme for retired staff to tap their skills
SINGAPORE – Mr Raymond Teo retired in June this year but the former UOB service associate is now back with the bank under a flexible work programme. Based in the retail branch in…
Malaysia Airlines vaccinates all front-line staff
Malaysia Airlines has vaccinated all of its active pilots and cabin crew against Covid-19, helping to protect both employees and passengers from the risks presented by the virus. In…