Entries by admin

Intel reportedly laying-off thousands of employees

Personal computers market is going through a slowdown phase and the companies are facing the challenge of reduced revenues. Hence, according to Bloomberg Intel is also considering to reduce their workforce. Moreover, the lay-offs will impact thousands of Intel employees. Decline in demand of personal computers Sales of personal computers has reduced dramatically due to […]

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Paneltex is setting up a new factory in Hull

Paneltex, a truck body builder is opening a new factory after securing the largest contract in its history. Moreover, the Hull-based truck body manufacturing company will create 240 new jobs at its new factory. Agreement with Volta Paneltex has signed an agreement with electric car company ‘Volta’. It will supply the cargo boxes for the […]

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Kara Connect is setting foot in Ireland

Kara Connect, a health tech company has decided to initiate operations in Dublin in bid to explore new markets. Moreover, Kara Connect will create 100 new jobs in Ireland. A health and well-being platform Kara Connect is a health and well-being platform that connects employees with coaches, counsellors, and therapists. Furthermore, the company provides access […]

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Elevate Doors and Windows LLC is opening a new facility in Hopkinsville

Elevate Doors and Windows LLC has announced to invest more than $16 million to develop a new production and distribution operation facility in Hopkinsville. In addition, the project will create 203 full-time jobs in Kentucky. 100,000 square feet facility The doors and windows manufacturer company will acquire an existing 100,000-square-foot building. Moreover, the facility will […]

U.S. non-farm employers added 263,00 jobs in September

The Bureau of Labor Statistics reported that the U.S. non-farm employers added 263,000 jobs during September. This is lower compared to the August job growth numbers when the employers added 315,000 jobs. Moreover, the unemployment rate also edged down to 3.5%. Previously, the unemployment rate stood at 3.7% during August. Job growth has slowed down […]

Peloton is once again cutting jobs

Peloton has decided to cut another 500 jobs in a move to curb their costs and remain competitive in the market. Previously, the company has already gone through two phases of lay-offs and has cut 2,800 positions. Moreover, the CEO of fitness equipment manufacturer stated that these job cuts were necessary for the company to […]

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Ryanair will add 2,000 jobs in Ireland

Low cost air carrier Ryanair has announced their plans to add 2,000 people in their workforce by the end of decade. Moreover, they also intend to increase their customer base by 10 million during this time period. Currently, Ryanair is employing 2,600 workers in Ireland and 17,000 across its international network. Strategy to expand customer […]