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...“An ageing population means more people are living with chronic illness, while more people than ever are seeking wellness and lifestyle solutions to better their health.”...
...To reduce costs, it will lay off 10 per cent of its workforce. Listen to what Musk says, however, and it sounds as if Tesla’s main concern is its expensive autonomous driving project....
...Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price war hit the American automaker....
...Tesla is cutting 10 per cent of its global workforce. Mercedes-Benz has pushed back its electrification target. For Europe’s laggard carmakers, if not the planet, slowing EV growth isn’t all bad news....
...Tech companies have axed 34,000 jobs this year as they rejig their workforces to invest in new areas such as generative artificial intelligence to power their next phase of growth....
...Workforce ‘aged with the infrastructure’ Back in the 1970s, Critchlow said, the nuclear and natural gas industries “required a big workforce that aged with the infrastructure”....
...Solutions such as guaranteed apprenticeships or work experience for young people from Black and minority ethnic communities — as well as other disadvantaged backgrounds — could be transformative....
...start of the year after warning of slowing vehicle deliveries, eroding profit margins, a potential move of its incorporation to Texas from Delaware and revealing plans to cut more than 10 per cent of its workforce...
...Some employees have already accepted voluntary redundancy and will leave the factory, but the person close to the talks said a significant chunk of the workforce could be saved with a deal for new trains...
...The rule, United said, “appears to be a solution in search of a problem”....
...I could do this by firing 20 per cent of my workforce or paying my existing workforce 20 per cent less.” Sounds logical....
...Immigration could be a solution, but the politics remains difficult, and it is only a short-term option to propping up workforces with developing countries set to age too....
...People want market-based solutions. They don’t want to be told where to trade....
...Ford and General Motors have paused plans to expand their EV manufacturing capacity in recent months, and last week Rivian announced that it would cut 10 per cent of its workforce and keep deliveries flat...
...The deal’s prospectus notes that Sotheby’s Financial was founded back in 1988 to enable “its clients worldwide to unlock liquidity in fine art, luxury items, and other collectibles through financing solutions...
...Fink’s letter raised issues more than it suggested concrete solutions, but he wrote that Japan had found ways to encourage people to stay in work longer and that Australia’s national retirement savings system...
...Thierry Breton, the EU’s commissioner for the internal market, said that despite the measures taken by the tech companies to adapt to the DMA, “we are not convinced that the solutions by Alphabet, Apple...
...In January, the company announced it was sacking 12 per cent of its workforce, after cutting a quarter of jobs in an earlier lay-off round....
...They pay their workers relatively well and have fairly educated workforces. None of this is a sign that these are industries we should be pursuing....
...Business leaders outside AI could offer more pragmatic and even empathetic solutions on how to prepare the workforce for the future....
...With current participation rates, that would reduce the workforce by more than another 1mn. Many other countries face ageing workforces....
...Commenting on the launch, Jane Sloan, head of global product solutions for Europe, the Middle East and Africa at BlackRock, said: “Our clients’ business models in Europe are rapidly changing — a shift to...
...introduced new guidelines that will mean US microprocessors from Intel and AMD are phased out of government PCs and servers in its most significant step yet in replacing foreign technology with homegrown solutions...
...It also announced a 10 per cent cut to its salaried workforce....
...“Our solutions are very complementary; we don’t have a lot of overlap,” he said, adding that this should make it easier to obtain regulatory approval than some other larger tech deals that have faced lengthy...
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