Economy
World / Countries / MNCs
US sportswear giant Nike is planning to slash 1,600 people, which comprises 2 percent of its workforce, media reports said. more
US department store chain Macy's to slash 2,350 jobs

US department store chain Macy's is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores.

France's Danone to cut up to 2,000 jobs worldwide as pandemic damage control

Moscow/Sputnik: Paris-based multinational food company Danone is set to slash about 2,000 jobs both at its headquarters in the French capital and abroad as part of its recovery strategy f ...

UN chief highlights need for decent jobs to fuel COVID-19 recovery

New York: More than 50 Heads of State and government, alongside global employers’ and trade union leaders, have been taking part in an online discussion on Wednesday looking at the ...

Almost 25 million jobs could be lost worldwide as a result of COVID-19, says ILO

New York: The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labou ...