#job-losses

#job-losses

The BBC is considering a significant outsourcing initiative that may affect thousands of jobs as it seeks savings amid mounting financial pressures.

"There is one jet in the hangar but it is basically waiting for a few parts and to be painted... As far as major assembly goes, it's finished, it isn't sustaining any workers."

CEO of Ford Motor Company Jim Farley predicted that AI "is going to replace literally half of all white-collar workers in the US." He added that "AI will leave a lot of white-collar people behind."

We would rather people sit down, we take your order, and we bring you your food and drink. We will have standing drinking and the noise will creep up and up.

It's of course alarming to see the sustained fall in the number of employees on payroll.

Protests among factory workers in China are on the rise, spurred by unpaid wages and factory closures linked to President Trump's tariffs on Chinese imports.

The US president may project a tone of indifference regarding the ongoing chaos in financial markets. Yet, job losses and soaring prices are real threats that could compel him to adopt a more proactive stance, signaling to the American public that he acknowledges their struggles and is ready to implement considered policies to directly address their concerns.

The scale of these closures is completely avoidable because pubs are doing a brisk trade. Consumer demand is there, however, profits are being wiped out with sky high bills and pubs are facing yet more rates and costs come April.

Martin Seidenberg, chief executive of International Distribution Services, stated, "We are seeing quite a significant burden from the national insurance increase." This highlights the direct impact of rising costs on the company’s finances.