A recent survey by EY highlights that only 26% of Germans are satisfied with their financial situation, a figure unchanged from the past two years and reminiscent of the 2008 financial crisis. Older generations, particularly Baby Boomers, show the most…
Harland & Wolff, the iconic Belfast shipyard, has been revived through a deal with Spain’s state-owned shipbuilder Navantia. The agreement, secured after Harland & Wolff’s parent company entered administration, will preserve approximately 1,000 jobs across its UK facilities. UK Business…
A recent survey indicates a modest increase in German consumer willingness to make large purchases as the new year approaches, despite ongoing concerns over high food prices and job security. The GfK and NIM reported a rise in the consumer…
After a day of negotiations, Trasnova and Stellantis suppliers have successfully avoided layoffs, leading to celebrations among workers who view this as a collective victory. However, the underlying issues remain, prompting unions to demand a more structural solution for the…
A recent ARD-DeutschlandTrend survey reveals that Germans perceive the economic situation as their most pressing issue, with sentiments worsening to levels not seen in nearly 15 years. A significant portion of the workforce fears for job security, while concerns about…
ThyssenKrupp reported a loss of 1.4 billion euros for the year, slightly better than the previous year’s 2 billion euro loss. CEO Miguel Lopez remains optimistic, emphasizing the need for a solution in the struggling steel division. Plans for a…
The political landscape in Washington D.C. has dramatically shifted as Republicans, led by Donald Trump, gain control of both the House of Representatives and the Senate. Many civil servants are anxious about their job security under the incoming administration, particularly…
Sophie Binet, general secretary of the CGT union, has called for a moratorium on economic layoffs as companies like Auchan and Michelin announce job cuts. However, implementing such a measure poses significant legal challenges and may disrupt the fundamental right…
