Termination of employment
Hundreds of Workers Face Layoffs in Stara Zagora Region
Two major enterprises announce mass dismissals in the Stara Zagora region. The director of the Regional Inspection of Labour, Lyuben Georgiev, declared the news during a press conference.
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.
Social security: Learning from the past
The social security system - a pillar of democratic societies and one of the fundamental rights of their citizens - functions within specific conditions and boundaries.
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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.
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Microsoft to cut staff again: Reports
Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports.
A Microsoft spokesperson told AFP that the company would not comment on what it referred to as "rumor."
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Police trade union takes action to warn about abuse
Ljubljana – The SPS police trade union has submitted to parliament an initiative to collect signatures from citizens in support of amendments to the employment relationships act that would make conditions for reprimanding employees before dismissal stricter and more specific. The SPS warns the disciplinary measure has been abused in the police force.
Japanese Over Age of 65 Will Soon Pass 30% of Population
The share of people over the age of 65 in Japan reached a record 29.1 percent of the total population, according to official data released today.
The figure has been gradually increasing since the end of World War II. In 1950, for example, the elderly were 4.9 percent of the population, in 1985 - 10 percent, and in 2005 - over 20 percent, recalls TASS.
Safilo workers to get higher severance, bonuses as plant shuts down
Ormož – The Italian group Safilo has reached an agreement with the workers of its Ormož eyewear production plant on higher severance pay, annual leave allowances and other bonuses as the plant is slated for shut-down in June at the expense of almost 560 jobs.
Changes made to controversial ‘Code-29’ in labor law
Turkey's Social Security Institution (SGK) has made changes in a controversial article in the labor law, widely known as Code-29, after complaints that some firms were using it to dodge a government decision that bans layoffs.
Government to grant loans to firms expanding workforce
Within the scope of a new economic reform package, micro and small-sized businesses that increase the number of employees on their payrolls will be granted loans between 100,000 and 500,000 Turkish Liras ($13,200 and $66,100).