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Citi to Cut 20,000 Jobs After ‘Disappointing’ Quarter

COMP NEWS - Citigroup, a multinational financial services corporation, is reducing its workforce by about 8% after a 'disappointing' quarter. Jan 12 - Citigroup (C.N) said it would cut 20,000 jobs over the next two years, acknowledging a "clearly disappointing"...

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Australian Retailers Warm to Giving Five Weeks Paid Leave

COMP NEWS - Australian retailers are warming to the idea of giving up to five weeks of paid leave to their employees, with IKEA and Bunnings being the first to offer the generous package. Retail workers are leading a push for more paid leave, with an increasing number...

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3M Freezing Pensions for Non-Union Employees in 2028

COMP NEWS - Industrial manufacturing giant 3M is freezing pension plans for non-union U.S. employees in an effort to save costs, the company recently announced. 3M is freezing pension plans for non-union U.S. employees at the end of 2028, the company announced Monday....

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