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On Friday morning, gold prices in Vietnam saw a significant rise, in sync with the worldwide increase in gold rates, marking the first weekly gain in the past five weeks. The key driver behind this surge was the gold bar price offered by Saigon Jewelry…
In an effort to reassure shareholders of its sustainability as a standalone entity, Commerzbank has unveiled a strategic plan that includes significant job reductions and lofty profit goals. The blueprint, which was shared last Friday, anticipates a layoff of…
McDonald’s Malaysia has announced an aggressive expansion plan that involves an investment of RM1 billion (approximately $254 million) over the next five years. The investment will be used to open 100 new outlets, revamp existing restaurants, and enhance the…
Amazon is reportedly planning to eliminate around 30,000 jobs in its corporate division, a move that one analyst referred to as a ‘deep cleaning’ of the organization’s workforce. This reduction would affect about 10% of Amazon’s nearly 350,000 corporate…
In a significant move aimed at streamlining operations, Australia and New Zealand (ANZ) Banking Group Limited plans to cut approximately 3,500 jobs by September 2026. The announcement, made on September 9, 2025, included details about the bank’s intent to…
In a recent Occupational Wage Survey released by Singapore’s Ministry of Manpower, flying instructors emerged as the highest-paid professionals in the city-state. Their remarkable median monthly salary of S$21,000 leaves other professions in the dust, with…
The food and grocery manufacturing industry in Australia has demonstrated robust growth, further solidifying its significance as the country’s biggest manufacturing sector and a crucial provider of regional employment opportunities. The Australian Food and…
Hang Seng, a Hong Kong-based lender backed by HSBC, is preparing to make adjustments to its workforce as part of a wider restructuring plan and a move to incorporate more technology into its operations. Workforce Reduction The company has announced that it…
In the first quarter 43% of job seekers were aged 30–39 and 37% were in the 20–29 age group, according to statistics from the Ministry of Home Affairs. They are from the quarterly labor market bulletin compiled by the ministry’s Institute of State…
New research from Humanforce reveals almost 70% of Australian workers, including retail sales, customer service, inventory management and delivery professionals, abandon job applications due to confusing or difficult recruitment processes. This alarming…
Holding a high school diploma from Canada and a university degree in Chinese commerce language from China, Tat Dat has faced difficulties securing a fulfilling job upon his return to Vietnam. After moving back to his hometown of northern Quang Ninh province…
When she began pursuing her master’s degree at Melbourne University, Tran Thi Phuong did not anticipate how challenging it would be for her to secure a job after graduation. The 27-year-old Vietnamese woman has now lost track of the number of job applications…
The mass layoffs that began last year amid a market decline continue in the struggling property sector, with major developers and brokerages downsizing their sales teams to survive. Property developer Dat Xanh Group laid off 1,384 people in the first quarter…
LinkedIn, the social media network owned by Microsoft that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application. LinkedIn, which has 20,000 employees, has grown…
At the age of 30 Thu Thuy became the head of her department with a high salary but quit two years later as there was little work-life balance. The 32-year-old, who lives in Ho Chi Minh City, says: “I’m the best employee in any company I work for.” Two years…
The monthly income of people in jobs averaged VND6.7 million (US$283.8) last year, up 16%, from 2021, the General Statistics Office said Tuesday. Incomes rose in all sectors as growth was broad-based. The biggest rise, of 17.6% and equivalent to more than…
