Lewis Hamilton has job for LIFE at Mercedes as Toto Wolff confirms 2023 seat and hints at future role beyond retirement

LEWIS HAMILTON has been told he has a job at Mercedes for life. The Mercedes ace, 37, will open talks in the winter to discuss a new deal which will see him remain in F1 after 2023. 2 Hamilton is expected to sign a new deal with MercedesCredit: Splash 2 Mercedes boss Toto Wolff has … Read more

English football’s longest-serving boss QUITS after 25 years having taken job a year after Arsene Wenger joined Arsenal

THE longest-serving manager in senior English football has suddenly quit in his 26th season. Folkestone Invicta chief Neil Cugley made the shock decision – having been appointed the year after Arsene Wenger joined Arsenal. 2 Non-league legend Neil Cugley was a Folkestone goal machine before becoming their manager for a record reign of 25 yearsCredit: Rex 2 … Read more

Philips Unveils Job Cuts Amid Pressure from Device Recall, Supply Chain Woes

By Scott Kanowsky  Investing.com — Koninklijke Philips NV (AS:) has announced that it will slash thousands of jobs in a bid to halt the financial fallout from a large-scale product recall and ongoing supply chain constraints. In its third quarter trading update, the Dutch medical equipment maker said that its workforce would be reduced by around … Read more

Bullard Says Strong Job Market Gives Fed Room to Raise Rates

(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard said the strong US labor market gives the central bank room to raise interest rates so it can curb inflation that’s running near a four-decade high. “The job market is extremely strong,” Bullard said Friday in a Wharton Business interview on SiriusXM radio. “That … Read more

Royal Mail Shares Slide as Group Unveils Job Cuts After H1 Loss

By Scott Kanowsky  Investing.com — London-listed shares in International Distributions Services PLC (LON:) slid sharply on Friday after the British postal service unveiled plans to deeply slash jobs in an attempt to begin “rightsizing” the business in the wake of a first-half loss. In a trading update ahead of its next results on November 17, … Read more

Ex-Chelsea manager Thomas Tuchel ‘is open to taking England job’ after shock Stamford Bridge sacking

THOMAS TUCHEL would be open to taking the England manager’s job, according to reports. The German was suddenly sacked by Chelsea’s new owners in September and replaced by Graham Potter. 2 Thomas Tuchel could be open to managing EnglandCredit: Getty But after a month out of the game, Bild in Germany report Tuchel would consider … Read more

Fitness company Peloton’s co-founders resign amid job cuts

New York, Sep 13 (IANS) US exercise equipment and media company announced that it has accepted the resignations of John Foley as Executive Chair and Hisao Kushi as Chief Legal Officer, effective September 12 and October 3, respectively. Peloton last month laid off roughly 780 employees, shut down several stores and hiked prices on bikes … Read more

U.K. Job Growth Slows Again, Even as Unemployment Rate Falls

By Geoffrey Smith  Investing.com — in the U.K. slowed sharply in the three months through July, as the labor pool dried out amid the summer’s heatwaves and the after-effects of the pandemic. The Office for National Statistics said only 40,000 net jobs were created in the period, down from 160,000 in the three months through … Read more

Soft Wages Hinder US Public Sector’s Job Recovery, Morgan Stanley Says

(Bloomberg) — Employment at US state and local governments will take another three years to fully recover from the mass layoffs of the pandemic recession, partly due to struggles in matching private-sector wage increases, according to Morgan Stanley (NYSE:) economists. While the private sector of the labor market surpassed its pre-pandemic level in June, the … Read more