The Australian Branch of Chinese Tech giant Huawei technologies has announced to slash more jobs and investment in the country. According to the details, the Chinese telecommunications equipment maker Huawei Technologies made this announcement due to the strained relations between Beijing and Canberra. Jeremy Mitchell, Huawei’s chief corporate affairs officer for Australia mentioned in an … Read more
Since the outbreak of the novel coronavirus, the world economy has witnessed a huge down curve, resulting in massive job cuts. According to data, about 397,000 people in the European Union lost their jobs in April. The jobless rate rose to 6.6% in April, from a 12-year low of 6.4% in June. Read on below … Read more
Air France has announced to reduce 7,500 positions across its network. Air France, in its latest press release, has outlined its plans to adapt its workforce for the future. The majority of the cuts are expected at Air France. Out of its 41,000-strong workforce, the current predictions show a reduction of 6,560 jobs over the … Read more
As the ongoing pandemic continues to grip the businesses around the world, in the latest drawback; Australia’s national flag carrier Qantas has announced to sack its 6000 workers to get rid of the financial crisis. The management of Qantas airline said that 100 of its aircraft will remain grounded for one year, or maybe longer, … Read more
