Manufacturers are furloughing workers and shutting down lines because they can’t pay the gas and electric charges.
Tag: Layoffs and Job Reductions
Lisa LaFlamme Ouster Sets Off Outcry in Canada
The chief executive of a Canadian news network pushed back against allegations that sex, age or gray hair were factors in the abrupt dismissal of the veteran journalist, Lisa LaFlamme.
The Big Economic Question
It is not whether the U.S. is in a recession. It’s whether the economy will soon worsen.
China’s Covid Lockdowns Leave Millions Out of Work
Migrant workers and recent college graduates have been hit hardest by shuttered factories, closed construction sites and an anemic job market.
For Macron, France’s Troubled Industries Hit Home
President Emmanuel Macron vowed an economic revival, but as he seeks re-election, a Potemkin factory in the town where he was raised shows just how hard that can be.
For Macron, France’s Troubled Industries Hit Home
President Emmanuel Macron vowed an economic revival, but as he seeks re-election, a Potemkin factory in the town where he was raised shows just how hard that can be.
Facing Economic Calamity, Putin Talks of Nationalizing Western Businesses
With the ruble collapsing, the economy contracting and people abandoning the country, Russia’s leader talks of a Western plot to destroy the country.
As Beijing Takes Control, Chinese Tech Companies Lose Jobs and Hope
The crackdown is killing the entrepreneurial drive that made China a tech power and destroying jobs that used to attract the country’s brightest.
India’s Economy Still Weak, Despite a Strong Third Quarter
Covid-19 essentially robbed the country of more than a year of badly needed economic growth. That’s lost ground that cannot be regained quickly.
British Museums Face Covid’s Long-Term Effects
Months of closures during the pandemic have caused financial havoc for art venues, and many expect to be strapped for years. At the Victoria and Albert Museum in London, the virus’s impact is clear.