Daimler Trucks' shift to zero-emission vehicles will lead to thousands of job losses at the company's German powertrain plants by 2033, its chairman said on Thursday, adding cuts would be gradual and achieved via retirements and voluntary packages. "This is no revolution coming over night, this is an evolution," Martin Daum told journalists on a conference call. Electric vehicles have far fewer moving parts than traditional combustion engine models and as automakers shift production their engine and powertrain plants are expected to employ far fewer people over time. When asked what consequences European Union CO2 emission reduction targets would have for Daimler Trucks ' German powertrain plants, Daum said they would have thousands fewer workers by 2033. Daum would not say precisely how many jobs would be affected, but Daimler Trucks' powertrain plants in Germany currently employ around 14,000 people. "But this is no catastrophe," Daum said. "We can use … [Read more...] about Daimler Trucks says zero-emission vehicles will cost thousands of jobs
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Farage Slams Claim Brexit Would Cost 100,000 Finance Jobs
London’s Evening Standard splashed on Friday evening with a story claiming Britain leaving the European Union — Brexit — would cost the city 100,000 banking jobs, but the UK Independence Party (UKIP) leader has rubbished the idea. Speaking to Breitbart London , Nigel Farage compared the claim to previous scare stories that predicted the end of Britain’s lucrative financial industry if the country didn’t obediently fall into line with the European Union’s latest trends. Mr. Farage said: “these are the same people who bankrupt Britain and said they would all leave the country if we didn’t join the Euro. Guess what – they’re still here”. Friday's 'London Evening Standard' front page: 100,000 BANK JOBS WILL GO IN EU EXIT SAY BOSSES #London #UK pic.twitter.com/09QzQLz3eP — ⓒⓕ (@cfbcity) November 27, 2015 The Evening Standard story relied on the testimony of one “board level banker” who told the paper he had “estimated” the staff levels of some banks could fall … [Read more...] about Farage Slams Claim Brexit Would Cost 100,000 Finance Jobs
Garey Forster: Like film tax credits, Louisiana should innovate to entice new jobs
When U.S. Congressman Steve Scalise was busy earning political credentials as a state representative, he introduced a novel concept. Instead of trying to squeeze more money out of existing taxpayers by raising tax rates, why not try to attract new taxpayers? Some refer to this as “growing the pie” instead of cutting the existing pie into smaller pieces. Hence, Act No. 1 of the First Extraordinary Session, 2002 (House Bill No. 17) by Scalise and others, including the current governor’s Commissioner of Administration Jay Dardenne and the new White House Big Shot Cedric Richmond, became the Louisiana Motion Picture Incentive Act. Louisiana grew a major new industry with Scalise’s film tax credits, creating more than 10,000 new jobs here that never existed before 2002. Nationally distributed feature-length films, videos, television series or commercials made in Louisiana in whole or in part for theatrical or television viewing, or as a television pilot, brought new courses to community … [Read more...] about Garey Forster: Like film tax credits, Louisiana should innovate to entice new jobs
COVID-19: Asda places 3,000 jobs at risk as part of online investment drive
Asda has warned that 3,000 workers in its stores are at risk of losing their jobs as the chain plans to ramp up investment in online sales. The UK's third-largest supermarket chain said the shake-up was driven by the shift in demand towards grocery deliveries which charged forward for the sector as a whole at the start of the COVID-19 pandemic. Asda said that while it had begun consultations with 5,000 of its back office store workers, it hoped the plan would result in a net gain in the number employed by the company. A union, which fought a pitched battle with Asda over new contracts just over a year ago, said it would fight to ensure no compulsory redundancies. But Asda said that, on a net basis, its plans would create 1,500 new jobs as it was seeking 4,500 staff to drive growth in online. Advertisement It was expected that many of those tipped to lose out would be able to take on one of the new roles, Asda said. Those facing the axe were … [Read more...] about COVID-19: Asda places 3,000 jobs at risk as part of online investment drive
‘We quit our jobs to run a family YouTube channel – here’s how we made it work’
While many of us recall dreaming of becoming a famous pop star or footballer when we grew up, today many children dream of becoming an influencer on TikTok or a YouTube star. Nowadays, these platforms offer an incredible opportunity for people to become fully-fledged stars with millions of followers, without having to leave the house. To get an insight into what’s it like, The Mirror spoke to famous YouTube family The Kabs . Chan and Tay Kabs, both 30, have three kids and 812,000 subscribers who love to follow the family's antics on YouTube. It’s been three years since the North London couple started sharing their lives on YouTube - along with their children Teija, 11, Maliya, four and one-year-old-old TJ Millions of people have watched Maliya dancing in the car and singing along - with one video racking up 19 million views alone. Now the couple says the best bit of becoming a YouTube family is the opportunity to include their children in their work. The family are … [Read more...] about ‘We quit our jobs to run a family YouTube channel – here’s how we made it work’