Tag: Job Loss

Virgin Australia Slashes 750 Jobs

Post author By Heise Says
Post date 28/08/2019

#Virgin #JobCuts #Airlines Virgin Australia is cutting 750 jobs because of a significant loss due to fuel and foreign exchange costs. References https://www.abc.net.au/news/2019-08-28/virgin-to-chop-750-jobs-as-it-posts-349m-loss/11455840

Tags Airlines, Australia, Echange Rate, Economy, Finance, Fuel Costs, Job Cuts, Job Loss, Markets, Recession, Unemployment, Virgin Australia

Economy

Deutsche Banks is only the first

Post author By Heise Says
Post date 10/07/2019

#DeutscheBank #Equity #Investment With Deutsche Bank firing 18,000 people one must ask, is this only the beginning? How will it affect the Australian banking sector?

Tags Australia, Banking, Broking, Deutche Bank, Downturn, Equity, Investment, Job Loss, London, Recession, Stock Market, Sydney

Economy

Deutsche Bank Fires 18,000

Post author By Heise Says
Post date 09/07/2019

#DeutscheBank #Equity #Investment Deutsche Bank has fired 18,000 and closed the equity division reducing the range of services they can provide their clients. Is this a sign of a troubled future for the bank and what are the implications for Australia? References Deutsche Bank axes 18,000 staff around the world, including Sydney, New York and […]

Tags Australia, Banking, Broking, Deautche Bank, Downturn, Equity, Investment, Job Loss, London, New York, Recession, Stock Market, Sydney