Employment compensation

Amazon's Cloud Services Division Announces Layoffs

In a significant move that reverberates across the tech industry, Amazon has disclosed plans for substantial layoffs within its cloud services division. The e-commerce giant confirmed the news, shedding light on the sweeping workforce reductions affecting various sectors including brick-and-mortar stores, technology, sales, and marketing departments.

Major Tech Players Announce Huge Workforce Reductions: Ebay, Amazon and More!

Several major tech companies are reshaping their workforce dynamics at the beginning of 2024, with eBay becoming the latest to announce substantial layoffs. The decision to cut 1,000 jobs, despite the company's robust profits, adds to a growing list of tech giants implementing significant workforce reductions this January.

Jobs market displays resilience

The Greek labor market showed strong resistance in July, as although the end of the school term and classes in private education resulted in the loss of 25,867 jobs in the sector and a total of 8,294 jobs across the economy, in the seven months of January to July a historic record was set with regard to hiring versus layoffs, with the creation of 296,624 new jobs.

Law will regulate flexible jobs

A draft law that will be submitted to the Greek Parliament in September seeks to regulate flexible types of employment such as zero-hours contracts, where the employer is not obliged to provide a minimum number of working hours to an employee. 

These practices already exist, they are just unregulated.

Bulgaria’s Crisis-Stricken Businesses Will Receive State Support until End-May 2021

The Bulgarian government has extended until the end of May the measures known as "60/40" and "80/20" payroll support for employers in the sectors affected by the COVID-19 pandemic. 

The "Keep me" measure to compensate employees of closed businesses is also being extended, providing an additional EUR 12,300 million from EU funds. 

Romanian meat workers in Germany to conclude direct employment contract with employers

Romanian nationals working in the meat industry in Germany will sign, from January 1, 2021, employment contracts directly with the German employers, and not with companies that intermediate jobs, Romania's Minister of Labour and Social Protection Violeta Alexandru wrote on Thursday on Facebook.

Pages