Author: Admin
-
IBM plans to reduce its workforce
IBM has announced plans to reduce its workforce by potentially thousands of positions in the fourth quarter as it shifts focus towards its more profitable software sector. Despite a 35% increase in its shares this year, the company has faced a slowdown in its key cloud software growth, raising concerns among investors about future performance….
-
Reeves lays ground for income tax rises
Rachel Reeves has indicated a willingness to raise income tax for the first time in 50 years, breaking manifesto pledges. In a pre-Budget speech on Tuesday, the Chancellor stressed the need for difficult decisions to address a £30bn financial gap, arguing: “If we are to build the future of Britain together, we will all have…
-
Athens braces for 48-hour taxi strike
Athens taxi drivers plan a 48-hour strike on November 5–6 to protest government measures they believe threaten their profession. The Athens Taxi Drivers Union (SATA) demands the removal of restrictions on bus-lane access and a review of the mandate for all new taxis to be electric by 2025. SATA said: “This policy ignores the real…
-
KPMG to assess staff AI use
KPMG is to evaluate how employees use AI tools during annual performance reviews. Niale Cleobury, KPMG’s global AI workforce lead, said the firm is already monitoring AI usage through tools like Microsoft’s Copilot. Starting in 2026, staff will be assessed on their achievement of AI objectives. “We all have a responsibility to be bringing AI…
-
Airbus workers in UK to strike over pay
Workers at Airbus in the UK are set to strike for 10 days in September due to a pay dispute. Unite, representing about 3,000 members, announced the industrial action and says strikes will impact production of wings for both commercial and military aircraft. Sue Partridge, Airbus UK’s country manager for commercial aircraft, said: “We have…