SolarEdge Slashing 900 Jobs in Cost-Cutting Move

Credit to Author: Darrell Proctor| Date: Mon, 22 Jan 2024 17:07:47 +0000

Hartford-Pike-Solar-Modules-SolarEdge

Israel-headquartered SolarEdge Technologies is expected to cut about 900 jobs from its global workforce as the company seeks to reduce operating costs. SolarEdge on Jan. 21 said it would lay […]

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Ontario and Manitoba, four additional provinces, set to increase minimum wage rates in October 2023

Credit to Author: Vimal Sivakumar| Date: Sun, 30 Apr 2023 13:00:36 +0000

On October 1 this year, six of ten provinces across Canada will raise regional minimum wage rates. At the beginning of this month, Canada’s federal minimum wage rose from $15.55 to $16.65. This move was impactful, as Employment and Social Development Canada (ESDC) noted at the time, because “around 26,000 working Canadians earn less than […]

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Canada increasing the federal minimum wage by 7 percent on April 1

Credit to Author: Vimal Sivakumar| Date: Sat, 01 Apr 2023 12:00:08 +0000

In a move designed to “keep pace with inflation”, Canada’s federal minimum wage will be increasing by $1.10 as of today. In the words of Canada’s Minister of Labour, Seamus O’Regan Jr., “the cost of living is rising, so we’re making sure that wages keep going up too. We’re looking after workers, because that’s how […]

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Canada increasing the federal minimum wage by 7 percent today

Credit to Author: Vimal Sivakumar| Date: Sat, 01 Apr 2023 12:00:08 +0000

In a move designed to “keep pace with inflation”, Canada’s federal minimum wage will be increasing by $1.10 as of today. In the words of Canada’s Minister of Labour, Seamus O’Regan Jr., “the cost of living is rising, so we’re making sure that wages keep going up too. We’re looking after workers, because that’s how […]

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Canada’s service sectors see employment growth as job vacancies remain steady

Credit to Author: Asheesh Moosapeta| Date: Wed, 12 Oct 2022 12:00:07 +0000

Statistic Canada recently released their analysis of the July 2022 labour market. Canada continues to have record-breaking job vacancies, seeing 964,000 vacancies in July 2022. Discover if You Are Eligible for Canadian Immigration Findings on job vacancies Job vacancies dropped by nearly 73,000 jobs in July 2022. However, overall job vacancies increased by over 130,000 […]

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GE Shelves Plans to Spin-Off Digital Business

Credit to Author: Sonal Patel| Date: Mon, 04 Nov 2019 14:34:42 +0000

The post GE Shelves Plans to Spin-Off Digital Business appeared first on POWER Magazine.

GE will retain its lucrative digital business—not spin it off, as had been planned—but it will sharpen the division’s focus on four key markets, including electric utilities and power generation, GE Digital CEO Pat Byrne told customers in an Oct. 31 letter. “I want to affirm that GE Digital is staying in GE,” Byrne wrote. […]

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Report says Canada needs to close its immigrant wage gap

Credit to Author: Canadian Immigrant| Date: Mon, 28 Oct 2019 20:19:59 +0000

A report released in the Fall by RBC Economics, Untapped Potential: Canada Needs to Close its Immigrant Wage Gap finds that while Canada is drawing in some of the best and brightest, with the focus on highly skilled, educated immigrants, their integration falls short on one key measure, earnings. And, this gap has widened over […]

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