Employment

JD.com Plans Major Expansion with 100,000 New Delivery Riders in China

1 month ago

In a significant move aimed at bolstering its logistics capabilities, JD.com has announced an ambitious plan to recruit an additional 100,000 delivery riders throughout China. This initiative is designed to strengthen the company’s competitive edge against its main rival, Meituan, which has dominated the food delivery sector.

Major Shake-Up at Car Rental Startup Turo: 15% Workforce Reduction After Delayed IPO

2 months ago

In a significant move reflecting the challenges faced by the car rental sector, Turo, a popular car-sharing platform, has announced a substantial reduction in its workforce, laying off 15% of its employees. This decision comes in light of a stalled initial public offering (IPO) that the company had been eagerly preparing for.

MercadoLibre to Create 28,000 New Jobs Across Latin America in 2025

2 months ago

The major Latin American ecommerce and fintech company, MercadoLibre, has announced ambitious plans to expand its workforce significantly in 2025. The company intends to create a staggering 28,000 new jobs across various countries in the region, marking a considerable investment in the local economies and enhancing its operational capacity.

Portugal's NOS Plans Major Overhaul Amid Job Cuts

2 months ago

In a significant move that could reshape the telecommunications landscape in Portugal, NOS, the country's leading telecom operator, has announced plans to overhaul its organizational structure. This restructuring initiative comes as the company aims to streamline operations and remain competitive in an increasingly tough market. However, the plan has raised concerns regarding potential job losses, igniting discussions about the future of employment in the sector.

Federal Judge Orders Reinstatement of Terminated Workers Across Six Agencies

3 months ago

In a landmark decision that could reshape employment practices within federal agencies, a U.S. federal judge has mandated that six agencies must rehire employees who were previously terminated. This ruling comes as part of a broader examination into staffing practices and adherence to employment guidelines by federal employers.

AI Revolution: The Cities Most Vulnerable to Job Automation

3 months ago

As artificial intelligence (AI) continues to evolve and integrate into various sectors, a new analysis has surfaced highlighting American cities that face the highest risk of job automation. The data, presented by Bloomberg, provides a keen insight into the potential future of employment across different urban areas in the U.S. as technology advances.

Unveiling the H-1B Maneuver: India's TCS Accused of Misclassifying Managers

3 months ago

In a stunning revelation, former employees of Tata Consultancy Services (TCS), one of India’s largest IT services firms, allege that the company systematically misclassified its managers to bypass stringent U.S. H-1B visa regulations. This revelation raises significant questions about the ethical practices within the giant firm's recruitment and immigration processes as they bridge efforts to address staffing shortages in their American offices.

STMicroelectronics Considers Workforce Reductions Amid Ongoing Chip Market Decline

4 months ago

In a significant announcement, STMicroelectronics has indicated plans to potentially reduce its workforce by up to 6% as the ongoing slump in the semiconductor market continues to challenge the company’s operations. This decision reflects a broader trend impacting the global chip industry, which has been grappling with declining demand and inventory surpluses.

Stenn Financial's Downfall: Job Losses Loom for Majority of Employees

6 months ago

The recent collapse of Stenn, a prominent fintech lender, has sent shockwaves throughout the financial sector, resulting in the impending job losses for most of its workforce. As Stenn officially enters the process of liquidation, it has been revealed that approximately 75% of its employees are expected to be laid off. This dire situation raises concerns not only about the individuals affected but also about the broader implications for the fintech industry.

HelloFresh Faces Controversy Over Allegations of Exploiting Migrant Teen Workers

6 months ago

In a developing story that has sent shockwaves through the food delivery industry, HelloFresh has come under fire following a report by ABC News detailing the alleged employment of migrant teenagers in potentially exploitative conditions. Reports indicate that the company used workers under the age of 18, often in arduous roles that raise serious concerns regarding labor laws and the ethical sourcing of food products.