Entries by admin

UK nurses to strike for better pay

Thousands of nurses have walked out of hospitals across the United Kingdom on Thursday. Moreover, this is the largest strike of its kind across the country. Several years of reduced wages and eroding standards have put the UK healthcare system in crisis. Wave of strikes across UK Nurses has joined the list of various departments […]

Goldman Sachs may cut hundreds of jobs

Goldman Sachs Group Inc. is considering to cut hundreds of more jobs. Moreover, Bloomberg reported that the company is making these job cuts in a bid to restructure its struggling consumer business. 400 people may lose their jobs A large number of companies have laid off workers in wake of contemporary economic woes and recession […]

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Axis Automation will invest nearly $6 million to expand in Michigan

Axis Automation, a Walker based automation company is planning to expand in Michigan with a capital investment of $5.7 million. Moreover, the expansion project will lead to the creation of approximately 50 jobs. Axis Automation provide services to various industries Axis Automation started back in 2015 and it helps manufacturers in converting to automation technologies. […]

Exxon Mobil gave massive pay raise to employees

Exxon Mobil has announced a significant increase in the salary of its workforce. The company posted highest ever quarterly profit in the last quarter. Hence, the company has awarded the biggest average salary reward since 2015. Furthermore, the Texas based oil giant has also provided a salary boost of 10% to its top executives. Average […]

Roku to cut 2,000 jobs in U.S.

Roku is planning to cut 200 jobs in the United States in a bid to reduce its operating expenses. Previously, the streaming devices company witnessed rapid expansion during the COVID-19 pandemic. Roku is best known as a platform where consumers can connect with various streaming services, including its own free ad-supported Roku Channel. However, the […]

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Wayflyer to cut 70 jobs in Ireland

Wayflyer, an Irish based tech unicorn company has announced to cut 70 jobs in Dublin, Ireland. Moreover, the tech firm has also announced that they will lay off 200 jobs globally. 40% reduction in workforce Wayflyer is a Revenue-based financing platform having its headquarter in Dublin. They offer funding to ecommerce businesses, including early-stage firms […]

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Osmundson Mfg. will create 80 jobs in Graves County

Osmundson Manufacturing Company is planning to invest $12.5 million for establishing a new facility in Graves County. Moreover, the investment will create 80 highly paid jobs over the next few years.  150,000 square foot facility Osmundson Manufacturing Company is an American company which specializes in making high quality disc, seeder and grain drill blades. The […]