Sunday 25 September 2016
 
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Goldman Sachs ‘cutting 30pc of Asia jobs’

Goldman Sachs is cutting almost 30 percent of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters. The Wall Street bank is re

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Tunisia's state airline to cut 1,000 jobs

Tunisair, Tunisia's state-owned carrier, plans to lay off 1,000 employees, or more than 12 per cent of its full-time workforce, as part of reform plans, the Transport Minister told Reuters on Monday. Transport Minister Anis Gu

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Most UAE professionals prefer to be self-employed

Seventy-three per cent of professionals in the UAE would prefer to be self-employed, due to reasons such as ‘personal fulfilment’ (50 per cent), ‘freedom to choose work-life balance’ (46 per cent), and ‘the ability

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Emirates NBD unit cuts 100 jobs - sources

Emirates Islamic, the sharia-compliant arm of Dubai's largest bank Emirates NBD (ENBD) , has laid off more than 100 people as part of cost cutting to adjust to a cooler economy, sources familiar with the matter said on Wednesday.

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Cisco to cut 5,500 jobs in move from switches

Cisco Systems said it would cut nearly 7 per cent of its workforce, posting charges of up to $400 million in its first quarter, as the world's largest networking gear maker shifts focus away from its legacy hardware towards higher-margin sof

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Better HR 'can help employ more Saudis in private sector'

Saudi Arabia's private sector will need to employ 2.5 million more Saudis than are currently employed in the sector to accomplish the employment goals of the kingdom's Vision 2030, a report said. Saudi Arabia’s Visio

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Lloyds plans 3,000 jobs cull after Brexit shock

Lloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union. Bri

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Lloyds plans 3,000 jobs cull after Brexit shock

Lloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union. Bri

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Etihad, partners to pump $10.7bn into US economy

Etihad Aviation Group (EAG) and its equity partner airlines will support 108,000 jobs across the US in 2016 and make a $10.7 billion contribution to the national economy this year, according to a leading global consultancy. The Ab

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Passion tops salary for fresh UAE graduates

”Doing a job I feel passionate about” is the most important attribute for fresh graduates in the UAE, followed by “competitive salaries” (14 per cent), “opportunities for career progression” (9 per cent), and

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