Job cuts

No employer provides an iron rice bowl, but there is value in a company being loyal to employees 

White-collar workers risk displacement, but mass layoffs aren’t on the table

PayPal has set a target of achieving US$400 million in cost savings by year-end

There are important lessons about universal basic income to be drawn from the behaviour of pensioners

The group reported better-than-expected first-half results earlier in August

Volvo Cars is concentrating resources across fewer Swedish sites

Income from work is a key building block of investing for retirement financial adequacy

VOLKSWAGEN’S controlling families dialled up the pressure on the German auto group’s stakeholders on Friday (Aug 7), backing management’s push for a dramatic restructuring that could cost tens of thousands more jobs.

BP wants to simplify its operations to reduce debt, boost profit and refocus on its oil and gas businesses