job losses News

British Steel Faces Tough Decisions: Potential Closure of Two Furnaces Puts 2,500 Jobs at Risk

British Steel Limited, owned by Jingye Group, may shut down two blast furnaces in Scunthorpe due to financial unsustainability, risking 2,500 jobs. Despite over £1.2 billion in inv...

Amazon Announces Closure of Quebec Operations, Impacting Nearly 2,000 Jobs

Amazon.com Inc is set to close its operations in Quebec, affecting 1,950 jobs across seven facilities. The company will provide severance packages and transitional benefits to impa...

Volkswagen Reaches Agreement with Union to Prevent Plant Closures and Job Losses

Volkswagen and IG Metall union have reached an agreement to prevent job losses and factory shutdowns, following intense negotiations and nationwide strikes.

TikTok Canada Fights for Survival Amid National Security Concerns

TikTok's Canadian division has filed an emergency motion with Canada's Federal Court to review the government's order to shut down its operations due to national security concerns....