Nestle SA plans to effect layoffs that will affect 16,000 jobs globally over the next two years, according to its new chief executive officer Philipp Navratil Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs. (AFP) “The world is changing, […]
Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US economy, AFP reported on Tuesday, citing written remarks by the chair of the US Federal Reserve. Chair Jerome Powell has reiterated that the US Federal Reserve is slightly more worried […]
Tata Consultancy Services Ltd. will create 5,000 new jobs in the UK over the next three years, as part of a wider push to become the world’s largest AI-led technology services company. TCS has had a presence in the UK for more than 50 years. (Reuters) India’s largest IT services firm is building an AI […]
Rishi Sunak, a former UK prime minister, is currently an MP for Richmond and Northallerton. His corporate career spans Goldman Sachs to Microsoft and Anthropic. Source link