U.S. non-form employers added 528,000 new job during the month of July. Surprisingly, the addition in job numbers was much higher than the expected gain. In addition, the unemployment rate across the United States remained 3.5% which is lowest since the advent of pandemic in 2020. According to U.S. Labor Bureau of Statistics, the July […]
O-I Glass Inc. has announced that they will invest $239 million for their new glass bottle manufacturing plant in Bowling Green. In addition, the establishment of new manufacturing facility is likely to create 140 high-wage jobs for the Kentucky residents. Gov. Andy Beshear came up with the news that O-I Glass will setup this new […]
The Cardiff Capital Region (CCR) has approved a new £50m fund to support growth and job creation of firms. Moreover, CCR has appointed PwC to manage the funds after going through a competitive tendering process. PwC will manage the Innovation Investment Fund The new innovation fund will launch in October this year and will make […]
Pharmaceutical firm PCI Pharma Services has announced to open two new manufacturing facilities in Tredegar. Moreover, the company has pledged to create up to 40 new jobs over the next one year. In addition, there is also potential to increase its workforce going forward as the business will grow and company will enhance their drug […]
Stryker has opened a 156,000 square foot new facility in Cork. Moreover, according to UK’s Industrial Development Agency, the additive manufacturing facility will create about 600 high tech positions. Expansion is additive manufacturing facility The Stryker’s newly built plant will add to their already existing 100,000 square foot facility. The company will provide services related […]
Fender has joined the list of the United States employers who have decided to reduce their workforce amid fear of recession. The Los Angeles based Guitar company has laid off over 300 employees. Furthermore, Fender has laid off workers ranging from senior management to production line workers. YouTuber Dylan Mckerchie (Dylan Talks Tone) broke the […]
Robinhood is a company that had big ambitions to revolutionize markets. They managed to attract millions of amateur investors into stock trading for the first time. However, the problems are mounting for Robinhood as the U.S. economy is going through a crunch time. Therefore, the company stated in a post on Tuesday that they will […]
Walmart has decided to cut hundreds of corporate jobs as they are going through organizational restructuring. According to Wall Street Journal, Walmart is cutting around 200 corporate jobs. Moreover, the move came a week after the retail giant reported slashed profits amid rising inflation. “Walmart was updating our structure and evolving select roles to provide […]
Port City Logistics is expanding their operations in the Wilmington area through an investment of $16 million. Moreover, this latest investment from Georgia based logistics company will create 75 new jobs in the area. 150,000 square foot warehouse facility Savannah-based Port City Logistics is a full-service logistics company which provides wide range of services to […]
McKinsey and Company, a global management consultancy company has announced their plans to hire more than 700 new staff by 2025. Moreover, the company is aiming to maximize the amount of diversity in the expanded workforce within Atlanta. Furthermore, they have planned to create a hub specializing in technology and innovation. Expanding footprints in Atlanta […]