Spotify, the Swedish music-streaming giant, has declared a significant reduction in its workforce, slashing 1,500 jobs, which accounts for approximately 17% of its employees. The decision, termed "difficult" by CEO Daniel Ek, came from the company's aim to curtail expenses amidst a notable slowdown in economic growth.
LONDON (AFP) – The brand of bankrupt British household goods company Wilko, whose recent collapse sparked the loss of about 12,500 jobs, has been sold to a competitor, administrators said yesterday. Rival budget retailer The Range has “entered into an agreement to acquire the Wilko brand, website and intellectual property”, administrators PricewaterhouseCoopers said in a […]
Spending by the 1.6 million visitors to the park last year supported 1,500 jobs in the area and $195 million in economic output in local gateway economies surrounding the park.
VinFast, the Vietnamese auto manufacturer building a new line of electric vehicles, has selected North Carolina for its first North American automotive assembly and battery manufacturing plant, creating 7,500 jobs.