Category: Labor and Jobs

French Farmers Are Urged by Unions to End Roadblocks

The call from two main farmers’ unions came after President Emmanuel Macron’s government announced new financial aid and plans to loosen regulations to end the nationwide protests.
Generative A.I.’s Biggest Impact Will Be in Banking and Tech, Report Says

For some companies, the new technology is an opportunity to enhance productivity and profit. Will their workers benefit as well?
German Airport Security Screeners’ Walkout Grounds Flights

An expected 200,000 passengers were expected to be affected by the action at 11 major airports, the latest show of labor unrest in Germany.
The Federal Reserve Meets Wednesday. Here’s What to Watch.

Officials are likely to keep interest rates unchanged at the conclusion of their January meeting. Here’s a look at what might come next.
UPS to Cut 12,000 Jobs as Wages Rise and Package Volumes Fall

After what the company called a “difficult and disappointing” 2023, UPS said the cuts would save $1 billion this year.
Focused Cuts and Fewer Layers: Tech Layoffs Enter a New Phase

Amazon, Google, Microsoft and other tech companies have been on a layoff spree this month, with the latest cuts differing from last year’s mass reductions.
Watch Me Lose My Job on TikTok

Some tech workers are filming their layoffs and sharing them on social media. They say it’s part catharsis, part transparency.
Walmart Offers Store Managers Company Stock to Make Them Feel Like ‘Owners’

The retailer has been raising wages for store associates. It’s now turning its attention to improving salaries and benefits for their bosses.
Hottest Job in Corporate America? The Executive in Charge of A.I.

Many feared that artificial intelligence would kill jobs. But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology.
Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit

The buyout giant KKR pioneered a model of granting ownership stakes to employees at portfolio companies. Now it wants the approach to spread.
What Hefei, China’s EV City, Says About the State of the Economy

Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.
Economists Predicted a Recession. So Far They’ve Been Wrong.

A widely predicted recession never showed up. Now, economists are assessing what the unexpected resilience tells us about the future.