Tyre maker Michelin said Thursday it would close a French-based factory with 619 employees next year as competition from cheaper Asian manufacturers knocks its profit margin. Two weeks ago, the French company announced the closure of a factory in Germany with 858 employees by 2021, and last year said it would …read more Source:: https://www.thelocal.fr/20191010/michelin-to-close-tyre-factory-in-france

The German financial institution will be cutting 18,000 positions worldwide, 9,000 of them in Germany, according to a report released Tuesday. The company employs 41,500 people in Germany, and 91,700 worldwide. The cuts will therefore affect every one in five of its positions. Deutsche Bank head Christian Sewing previously said …read more Source:: https://www.thelocal.de/20191008/deutsche-bank-to-cut-9000-jobs-in-germany

Do you need to have fluent German to live and work in Germany? It’s a debate that provokes strong reactions. Now a new study has found strong language skills increase foreigners’ chances of being paid more. The salary of foreigners increases the better their knowledge of German, according …read more Source:: https://www.thelocal.de/20191008/good-knowledge-of-german-in-foreigners-results-in-better-pay

The Social Liberal (Radikale Venstre) party says it wants Denmark to be able to import more skilled labour from abroad. The party will demand that the government consider the issue, and has mentioned it in its proposal for the upcoming budget. The Social Liberals are one of three other left-wing parties whose …read more Source:: […]

Spain posted its weakest job creation for the month of September in six years, amid a slowdown in the eurozone’s fourth largest economy which will hold a repeat general election next month. The number of new contributors to the social security system, a measure of job creation, was up by just …read more Source:: https://www.thelocal.es/20191003/september-job-creation-in-spain-returns-to-recession-levels

Almost 30 years after reunification, employees in east Germany earn significantly less than employees in western Germany, even with the same qualifications. Wages for employees of the same gender, occupation and level of work experience stand at 16.9 percent higher in the west than in the east, according to a …read more Source:: https://www.thelocal.de/20191001/30-years-on-wage-gap-between-east-and-west-germany-persists

Want to know how much Swedish residents earn? Let’s take an in-depth look at the stats. This article is available to Members of The Local. Read more Membership Exclusives here. Last year your average Swedish resident earned 287,064 kronor (median annual income), according to preliminary statistics by Sweden’s national number-crunching …read more Source:: https://www.thelocal.se/20191001/these-graphs-show-how-much-money-people-make-in-swedens-towns-and-cities

Men are still earning far more than women in Sweden – but the income gap is slowly shrinking. Last year the median earned income for women was 77 percent of men’s median income, a slight increase from a 72 percent share in 1999, according to national numbers office Statistics Sweden. This is …read more Source:: […]

Danish wind power company Vestas is set to let almost 600 of its employees go in Denmark and Germany. A total of 590 jobs are to be cut by the company, including 90 at its factory at Lem near Ringkøbing and 500 at the factory at Lauchhammer south of Berlin. The company …read more Source:: […]

Danish wind power company Vestas is set to let almost 600 of its employees go in Denmark and Germany. A total of 590 jobs are to be cut by the company, including 90 at its factory at Lem near Ringkøbing and 500 at the factory at Lauchhammer south of Berlin. The company …read more Source:: […]