The diversified American company General Electric can reduce about one thousand jobs in France. According to a union source, the dismissal will affect mainly the company's employees working at its site in Belfort, in the east of France, where the dismissal process has already become systematic. The US company has been reducing its efforts to save money against the background of serious problems, which in 2018 led to its exclusion from the Dow Jones Industrial Average index. Then General Electric was forced to dismiss about 30 thousand of its employees. It is noted that the French government has repeatedly appealed to the management of the company not to cut jobs, so if the company goes to this step again, it may have differences with the French authorities.
Tesla Inc.’s (TSLA) Chief Executive Officer Elon Musk announced on Thursday that Wall Street’s most controversial stock might join the S&P 500 after the company’s market value has risen from $50 billion to more than $250 ...
U.S. President Donald Trump’s administration said on Monday that the small business pandemic aid program worth $660 billion was as a “wild success.” The data showed that 51 Million jobs for America’s small businesses ...
Levi Strauss & Co (LEVI.N) expects that its business would lose footing in the second half of the year. The company deemed it possible even as its sales were seen recovering at its reopened stores, following virus-related lockdowns imposed ...
Australia’s second-largest lender, Westpac Banking Corp. (WBC.AX), announced on Friday that it would pay AUD 8 Million ($5.5 Million) including interest to around 8,000 employees who have underpaid their long service leave entitlements ...
U.S. stock index futures rose on Thursday, ahead of the much-awaited jobs report that could signal further evidence of an economic rebound in June. However, gains remained limited by the record surge in daily COVID-19 cases. Dow e-minis gained ...