Amazon's Cloud Services Division Announces Layoffs
In a significant move that reverberates across the tech industry, Amazon has disclosed plans for substantial layoffs within its cloud services division
Plamen Pavlov, CEO of Bulgaria's state mail operator Bulgarian Post, has been released from his duties due to the company's poor performance.
This is the fourth change in the Post's managing positions within the last six months.
Pavlov, who has been the company's CEO only since end of July this year, has been dismissed by Bulgaria's Minister of Transport Danail Papazov a week after reporting to a parliamentary committee about his work.
MPs from ruling coalition senior member Bulgarian Socialist Party were not happy with the report, writes Mediapool.bg.
Valentin Petrov, a Socialist functionnaire from the Pernik regional organization, and current Bulgarian Post board of directors member, is to be appointed at the company's helm.
After a liberalization of the mail services marked, Bulgarian Post started registering losses, and finished 2012 with a net loss of BGN 11 M.
A similar number is expected for 2013.
Mail officers came out in protest over the summer, amid rumors of layoffs and oncoming privatization.
Minister Papazov has denied either, saying the state has no intention to sell Bulgarian Posts, and promising an increase of salary.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), together with the Bulgarian-Ukrainian Chamber of Industry and the support of the Bulgarian Chamber of Commerce and Industry
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022