Canada Goose Reports a Fall in the Corporate Workforce
Despite the immediate impact on stock performance, Canada Goose remains committed to delivering value to shareholders and driving operational efficiencies.
Bahrain’s Agricultural Sector Flourishes; Record-Breaking Production and Exports
Bahrain’s agricultural sector has witnessed a remarkable upswing, with an impressive 36 percent rise in production, totaling nearly 13,000 tonnes of crops and fruits in 2022. The surge is attributed to factors such as the expansion of greenhouses, which increased by 54 percent over seven years, creating an ideal environment for year-round cultivation. This growth has been supported by a growing workforce, with over 4,300 individuals employed in the sector, including Bahraini nationals and expatriate workers. The nation’s agricultural success is further highlighted by a substantial export increase, soaring by 220 percent to $159 million in 2022. Amid global challenges, Bahrain’s agricultural achievements underscore its commitment to sustainable growth and food security.
Oman’s Banking Sector, Anticipating Revitalized Credit Landscape in 2023
Oman’s financial landscape is primed for positive shifts, as indicated by the Central Bank of Oman’s Credit Conditions Survey. Forecasts for 2023 highlight increased credit demand across households, corporates, and SMEs, underpinned by a potential surge in lending growth. The survey echoes a robust appetite for corporate credit, especially in sectors like services, manufacturing, and transportation. Additionally, the SME sector is expected to thrive, reflecting the government’s commitment to entrepreneurial support. Overall, Oman’s banking realm seems poised for a buoyant trajectory in the year ahead.
Gulf Bank Partners with Coursera to Foster Employee Development and Achieve Talent Transformation
Gulf Bank and Coursera join forces to unlock boundless possibilities for employee growth and development. By teaming up with one of the world’s largest online learning platforms, Gulf Bank is empowering its workforce with access to a treasure trove of knowledge and prestigious certifications. This exciting collaboration sets the stage for a transformational journey, where employees can embrace lifelong learning and stay ahead in an ever-evolving business landscape. With interactive features and a wide range of courses, Coursera brings learning to life, enabling Gulf Bank’s employees to acquire new skills and achieve their professional aspirations. Together, Gulf Bank and Coursera are redefining the concept of employee development and propelling Kuwait’s banking industry toward a prosperous future.
Salesforce to cut 10% of workforce after hiring “too many people”
Salesforce Inc said it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it with a bloated workforce amid an economic slowdown.
Exclusive: GE lays off workers at onshore wind unit as part of turnaround strategy
General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business, which is grappling with weak demand, rising costs and supply-chain delays, four sources familiar with the move said.
Digital Academies address the challenges of the modern world of work
Digital academies – an initiative from the leading digital learning and assessment specialist, eCom Learning Solutions – are helping organisations stay ahead of their competition by developing their most valuable asset: their workforce.
HSBC confirms staff in China unit set up branch of Chinese Communist Party
HSBC Holdings Plc said employees had formed a branch of the Chinese Communist Party (CCP) within its securities brokerage unit in the country, following media reports on Thursday.
Santander UK, Virgin Money join firms helping staff with cost of living crisis
The British arm of Spanish lender Santander (SAN.MC) said on Tuesday it would award a 4% pay rise to around 11,000 UK-based employees to help with the rising cost of living, as inflation cripples household budgets across Britain and beyond.
EXCLUSIVE Pearson buys certification group Credly in deal valued at $200m
Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train and retain workers at a time of tight labour markets and rapid technological innovation.
