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
The economic crisis has had a “devastating impact“ on the machine building sector in Bulgaria, according to Iliya Keleshev, head of the Bulgarian Branch Chamber for machine building.
In an exclusive interview for Novinite.com (Sofia News Agency), Keleshev announced that about 29 000 jobs had been lost in Bulgaria’s machine building sector since the crisis started in the fall of 2008.
Thus, of the 143 000 people employed in the sector in the first half of 2008, only 114 000 remained a year later.
“The greatest matter of concern is the fact that the number of qualified laborers is declining. In the “Production of Machines and Equipment” sub-sector, the number of qualified workers has dropped from 15 030 down to 10 421, whereas the number of machine operators declined from 12 570 to 9 995. It takes many years to create qualified laborers in the machine building sector. Once they leave it, they hardly return to the firm – some go into the gray economy, others go abroad, and still others are re-qualified but don’t come back. There is no data about that but probably no more than 1 in 4 are going to come back when the crisis is over,” Keleshev told Novnite.com.
He stressed the fact the Bulgarian state was supposed to help out the export-oriented firms retain their qualified staff amidst the raging crisis.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In a sign of the changing climate's impact on agriculture, Bulgarian farmers are gearing up for an early start to the wheat and barley harvest this year as soaring temperatures hasten crop ripening
Online gambling and casinos are becoming quite the attraction for players and enthusiasts alike.
Online sports betting has taken the world by storm, offering enthusiasts an exciting way to engage with their favorite sports.
In response to the ongoing war between Russia and Ukraine, the European Commission has greenlit a significant aid package for Bulgarian farmers, totaling approximately 86.9 million euros
If you compare today's casino experience with two decades back, you can tell that a lot has changed.
Game distributors and casino sites want to be as accessible and user-friendly as possible.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022