Jobless Archives — City Business News

November 28, 2022 No Responses

Dangote Targets 300,000 Fresh Jobs For Nigerians

Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria. A statement from the Corporate Communication Department of the company, said that the...

August 23, 2022 No Responses

Ford To Cut 3,000 Jobs

Ford Motor Company said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles. The cuts will come primarily in the US, while some positions...

February 3, 2022 No Responses

Nestle To Cut 474 Jobs, Close Factory

Nestle has announced its confectionery factory in Newcastle is to shut with the loss of 474 jobs. The global food manufacturer said it was holding talks with employees at the Fawdon plant but the focus was now on closing it...

June 28, 2021 No Responses

NDDC Recruits 12 Physically Impaired Youths

The Niger Delta Development Commission (NDDC) has recruited 12 physically challenged youths in compliance with the 2019 Disability Right Law. The NDDC Director of New Media, Chijioke Amu-Nnadi, in a statement on Sunday explained that the NDDC Interim Adm...

January 9, 2021 No Responses

Michelin To Sack 2,300 Workers

French tyre maker, Michelin, has announced plans to cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this would not involve layoffs nor plant closures.The job cuts equate ...

September 5, 2020 No Responses

Virgin Atlantic To Sack 1,150 More Workers

Virgin Atlantic is to cut 1,150 more jobs after completing a £1.2bn rescue plan that will secure its future for at least 18 months. BBC reports that the airline had already cut more than 3,500 jobs out of the 10,000...

July 4, 2020 No Responses

Air France To Sack 7,500 Workers

Air France-KLM plans to cut more than 7,500 jobs at its French arm as the airline industry reels from the coronavirus crisis. Europe’s second-biggest airline will cut 6,560 staff at Air France, with its regional French carrier Hop! losing 1,020...

May 21, 2019 No Responses

Ford Sacks 7,000 Workers

The management of Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs. Under the arrangement, the company will reduce Ford’s salaried workforce by 10% and will be made through...