Employees of “Auto Chassis International” owned by French automaker Renault, attend a rally to protest against job cuts in Le Mans, western France on January 23, 2013. Renault has officially warned unions that car factories will close unless they seal an agreement of salary cuts and thousands of layoffs in the floundering company. “If there is... 

Major US financial services corporation Bank of America plans to slash 16,000 jobs by the end of the year as part of an extensive cost-cutting measure to make the institution more profitable. Following the planned reduction in the Bank’s workforce, the multinational US company would no longer hold its current title as the American banking industry’s largest... 

Over two-thirds of the employees in local government and schools who have lost their jobs since the general election in 2010 are women, warns the GMB union. A new study by the public services union on the latest official figures for employment in councils between the first quarter of 2010 and the third quarter of 2011, showed that there are 36 councils in England...