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Daimler Trucks says zero-emission vehicles will cost thousands of jobs

February 25, 2021 by auto.economictimes.indiatimes.com Leave a Comment

Daimler Trucks’ shift to zero-emission vehicles will lead to thousands of job losses at the company’s German powertrain plants by 2033, its chairman said on Thursday, adding cuts would be gradual and achieved via retirements and voluntary packages.

“This is no revolution coming over night, this is an evolution,” Martin Daum told journalists on a conference call.

Electric vehicles have far fewer moving parts than traditional combustion engine models and as automakers shift production their engine and powertrain plants are expected to employ far fewer people over time.

When asked what consequences European Union CO2 emission reduction targets would have for Daimler Trucks ‘ German powertrain plants, Daum said they would have thousands fewer workers by 2033.

Daum would not say precisely how many jobs would be affected, but Daimler Trucks’ powertrain plants in Germany currently employ around 14,000 people.

“But this is no catastrophe,” Daum said. “We can use demographic changes and voluntary (severance) agreements. We will have no forced layoffs.”

Daum said a deal announced earlier this week with Cummins Inc, where the U.S. engine maker will develop and produce medium-duty engines for Daimler, would bring significant savings starting in 2025 or 2026.

“We will save a lot,” Daum said. “There will be a positive contribution to results – not tomorrow but … by 2025, 2026 there will be significant savings.”

Daum said he expected more such deals between manufacturers and suppliers so that truck makers don’t have to bear all the costs of developing a full range of commercial trucks.

Daimler said on Thursday its truck business saw a recovery in the fourth quarter, especially in North America and Europe, selling 121,000 units, almost double the figure in the second quarter, when sales were hit by the coronavirus pandemic.

For 2021, Daimler Truck sees significantly higher revenue than in 2020 and an increase in adjusted return on sales to 6-7% versus 2% in 2020.

Filed Under: MHCVs Daimler Trucks, Zero Emission Vehicles, Job losses, electric vehicles, diamler layoffs, Daimler, electric..., an act promoting zero emission vehicle adoption, truck paint job cost, average truck paint job cost, semi truck paint job cost

Farage Slams Claim Brexit Would Cost 100,000 Finance Jobs

November 28, 2015 by www.breitbart.com Leave a Comment

London’s Evening Standard splashed on Friday evening with a story claiming Britain leaving the European Union — Brexit — would cost the city 100,000 banking jobs, but the UK Independence Party (UKIP) leader has rubbished the idea.

Speaking to Breitbart London , Nigel Farage compared the claim to previous scare stories that predicted the end of Britain’s lucrative financial industry if the country didn’t obediently fall into line with the European Union’s latest trends.

Mr. Farage said: “these are the same people who bankrupt Britain and said they would all leave the country if we didn’t join the Euro. Guess what – they’re still here”.

Friday’s ‘London Evening Standard’ front page: 100,000 BANK JOBS WILL GO IN EU EXIT SAY BOSSES #London #UK pic.twitter.com/09QzQLz3eP

— ⓒⓕ (@cfbcity) November 27, 2015

The Evening Standard story relied on the testimony of one “board level banker” who told the paper he had “estimated” the staff levels of some banks could fall by half if Britain left the European Union. The banker, who declined to be named, claimed foreign-owned banks would depart Britain in droves were the nation to vote for Brexit. He said:

“I don’t think people here have any idea just how much the other European centres would love to have the jobs and tax revenues we bring to London.

“We get approaches all the time from Europeans saying ‘please move here, we’ll give you tax breaks’.”

The Financial Times , one of Britain’s most pro Europe newspapers was active in the previous decade in the campaign to get Britain to join the Euro common currency, serving up many of the scare stories to which Mr. Farage referred. One particularly forthright 2008 article published by the pink paper told readers:

“The case for the UK shedding sterling and adopting the euro has never been clearer.

“From a conventional macro­economic perspective, there is no reasonable argument for a small, highly open economy such as Britain’s to retain monetary independence… There is another powerful argument for adopting the euro.

“The UK has a large financial and banking sector, which conducts much of its activity buying and selling financial instruments denominated in foreign currencies, not in sterling… If London wants to remain the world’s financial capital, there is only one choice for the UK: adopt the euro now and wonder why it did not do so in 1999”.

Such sentiments have since been proven spectacularly wrong, but the latest Evening Standard suggests such arguments have not vanished, but simply refocussed onto new issues — such as Britain leaving the European Union.

Filed Under: Uncategorized Brexit, London / Europe, 100 000 jobs, 100 000 salary jobs, 100 000 a year jobs, what costs 100 000 dollars

Garey Forster: Like film tax credits, Louisiana should innovate to entice new jobs

February 24, 2021 by www.theadvocate.com Leave a Comment

When U.S. Congressman Steve Scalise was busy earning political credentials as a state representative, he introduced a novel concept. Instead of trying to squeeze more money out of existing taxpayers by raising tax rates, why not try to attract new taxpayers?

Some refer to this as “growing the pie” instead of cutting the existing pie into smaller pieces. Hence, Act No. 1 of the First Extraordinary Session, 2002 (House Bill No. 17) by Scalise and others, including the current governor’s Commissioner of Administration Jay Dardenne and the new White House Big Shot Cedric Richmond, became the Louisiana Motion Picture Incentive Act.

Louisiana grew a major new industry with Scalise’s film tax credits, creating more than 10,000 new jobs here that never existed before 2002. Nationally distributed feature-length films, videos, television series or commercials made in Louisiana in whole or in part for theatrical or television viewing, or as a television pilot, brought new courses to community colleges and universities.

Of course, some new people already with industry skills moved here, but locals wanted to get in on all of the support-related jobs and careers that go along with attracting the new film industry.

That was almost 20 years ago and legislators haven’t had many ideas of how to attract new businesses and new jobs since.

Sure, film-making in Louisiana began in 1898 with the American Mutoscope and Biograph Company. “Tarzan of the Apes” was completed here in 1918. Since then, “A Streetcar Named Desire,” “Easy Rider,” “Live and Let Die,” and how can you forget “The Big Easy.”

Movies were made here before 2002, but within 10 years of Scalise’s legislation passing, the state’s skilled crew base had grown over 400%, and over 300 films were shot in Louisiana.

Boosted by the film industry, Louisiana made its first appearance in Site Selection Magazine’s Top Business Climate rankings.

In less than 10 years, a new $1.3 billion in production budgets was spent in-state. While more than 2,500 films have been shot in Louisiana as of 2018, California had 52, 924 films; New York had 23,939; Texas had 8,164, and Florida had 7,437. (Notice how Texas and Florida continue to best us in most categories.)

Why doesn’t some legislator jump on the tax incentive concept that worked so successfully for the Motion Picture Production Program and juice up the Sound Recording Program?

Surely, Louisiana can better compete with Nashville and Austin for music recordings and videos, as we did with California for films.

Louisiana has tax incentives for entertainment job creation, digital interactive media and software, live performance production, historic redevelopment, and of course, the industrial tax exemption program.

Legislators could create tax incentives for seafood preparation and packaging to ship what we catch and prepare locally for global distribution instead of just focusing on fighting imports. Louisiana’s seafood shouldn’t just compete with foreign seafood imports, Louisiana’s seafood should seek to dominate the domestic seafood market.

Then there are all of the port activities up and down the Mississippi River with any number of raw goods that could be processed here and packaged before moving on to a final destination. Any recession-proof raw goods should be processed in Louisiana so people who worked in the hospitality industry could have a backup plan if they want to stay and raise their families here.

With all the businesses and people fleeing the overtaxed states of California and New York, there must be many opportunities to attract them and their businesses to Louisiana with new incentives for jobs and additional tax revenues.

Why not try a $5,000 “moving cost” rebate for those coastal refugees who relocate to Louisiana, bringing their jobs with them? There’s a real opportunity as we exit COVID-19 to gain new taxpayers. Let’s take advantage of the “Roaming 20s” as we did back in the “Roaring 20s” and hook new taxpayers with our culture, music, and food.

Otherwise, Gov. John Bel Edwards and his followers will be giving us a tax increase and calling it “tax reform.” We need new taxpayers, not new taxes.

The state constitution allows the Legislature during its regular sessions in odd-numbered years to consider bills on taxes, tax exemptions, deductions, reductions, repeals or credits.

Let’s make the upcoming 2021 session in April the “New Jobs for Louisiana” session. And seriously focus on replacing some oil and gas jobs President Joe Biden and his executive orders are hell-bent on taking away.

Email Garey Forster at [email protected] .

Our Views: Here’s how Louisiana could better use $100M it loses each year to make Hollywood happy


Filed Under: Uncategorized tell tax credits about a new baby, tax credits when building a new home, brownfield tax credits new york, telling tax credits about new baby, cavco film and television tax credit, new zealand r&d tax credit, foreign investor tax credit new zealand, njeda film tax credit, new vehicle tax credit, innovate uk r&d tax credits

COVID-19: Asda places 3,000 jobs at risk as part of online investment drive

February 25, 2021 by news.sky.com Leave a Comment

Asda has warned that 3,000 workers in its stores are at risk of losing their jobs as the chain plans to ramp up investment in online sales.

The UK’s third-largest supermarket chain said the shake-up was driven by the shift in demand towards grocery deliveries which charged forward for the sector as a whole at the start of the COVID-19 pandemic.

Asda said that while it had begun consultations with 5,000 of its back office store workers, it hoped the plan would result in a net gain in the number employed by the company.

A union, which fought a pitched battle with Asda over new contracts just over a year ago, said it would fight to ensure no compulsory redundancies.

But Asda said that, on a net basis, its plans would create 1,500 new jobs as it was seeking 4,500 staff to drive growth in online.

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It was expected that many of those tipped to lose out would be able to take on one of the new roles, Asda said.

Those facing the axe were most likely to be in store cash and administrative roles currently and the total included 800 workers at its Dartford and Heston home shopping centres, which are to be closed.

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Asda said that the restructuring could also see 1,100 store management roles being given a new grocery delivery focus.

The chain’s chief executive, Roger Burnley, said: “The pandemic has accelerated change across the retail sector especially the shift towards grocery home shopping and our priority is to serve customers in the way they want to shop with us.

“The last 12 months have shown us that businesses have to be prepared to adapt quickly to change and I am incredibly proud of the way we demonstrated our agility and resilience through the pandemic.

“We know that these proposed changes will be unsettling for colleagues and our priority is to support them during this consultation process.

“Our plans to transform the business will result in more roles being created than those we propose to remove and our absolute aim is to ensure as many colleagues as possible stay with us, as well as creating the opportunity to welcome new people to our business.”

The shake-up was the first to be announced under the ownership of brothers Mohsin and Zuber Issa, whose funding of the £6.8bn deal has attracted union criticism .

They are yet to take control of the business, from Walmart, however as the transaction must still be formally approved by the Competition and Markets Authority.

Roger Jenkins, the GMB union’s national officer, said: “Asda workers have had a torrid two years. The failed Sainsbury’s takeover, 12 months working on the pandemic frontline and now the uncertainty of a new take over, sidling the company with huge debts and potential sell offs.

“This is the last thing they need.

“The scope of today’s announcement means 5,000 people have their lives put on hold. It’s not right.”

Filed Under: Uncategorized online jobs without investment, home online jobs without investment, legitimate online jobs without investment

‘We quit our jobs to run a family YouTube channel – here’s how we made it work’

February 18, 2021 by www.mirror.co.uk Leave a Comment

While many of us recall dreaming of becoming a famous pop star or footballer when we grew up, today many children dream of becoming an influencer on TikTok or a YouTube star.

Nowadays, these platforms offer an incredible opportunity for people to become fully-fledged stars with millions of followers, without having to leave the house.

To get an insight into what’s it like, The Mirror spoke to famous YouTube family The Kabs .

Chan and Tay Kabs, both 30, have three kids and 812,000 subscribers who love to follow the family’s antics on YouTube.

It’s been three years since the North London couple started sharing their lives on YouTube – along with their children Teija, 11, Maliya, four and one-year-old-old TJ

Millions of people have watched Maliya dancing in the car and singing along – with one video racking up 19 million views alone.

Now the couple says the best bit of becoming a YouTube family is the opportunity to include their children in their work.

The family are working with vitamin brand Haliborange, on its #ItsAllNormal campaign, encouraging family units of different types to share their ‘normal’.

Both parents have left their former jobs – Tay previously worked as a Sky engineer while Chan worked as a cardiac technician – to work on their channel full time.

Chan said: “The best bits for us is to spending time together and working as a family. “I think because we all do enjoy it so much, it’s great to do something you love and spend time with your family.

“We’re able to get really more involved in their life, whereas when you’re working, nine to five, you can miss so much.”

The channel initially started off with just dad Tay and daughter Teija – after mum Chan suggested the pair share a video they had recorded on Facebook .

It quickly racked up more than 100,000 views and the duo kept on recording themselves and eventually involved the entire family.

Tay said: “It started with me and Teija in the car fooling around the car making videos to send to Chan to make her happy in the mornings.

“She said to us, ‘why don’t you post it on Facebook?’

“I didn’t really want to do it. Who would want to see me and my daughter just sing in the car?

“It got 100,000 views and we realised this might be a thing.

“We started doing it every day and got to a stage where we just started changing it up a bit.

“When Snapchat came around, we’d film behind-the-scenes videos and it turned into all of us [doing it] together.”

Fans love their family-friendly content – and the couple says they love including their children, who enjoy taking part.

Many YouTubers opt for a picture-perfect channel, with a pristine house and carefully curated content.

But mum Chan says fans appreciate the family keeping it real and showing when their house is a mess and the kids are fed up.

She said: “There is no blueprint for parenting. There’s no specific way it should look.

“I think what we do in our day to day shows that because we show when the kids have drained us.

“We show when the house is a state and when there are toys everywhere.

“I think it’s lockdown, there’s not much you can do.

“The more you show it, the more people feel comfortable to know that okay, I’m not the only one going through this.”

It can be a tough job running a YouTube channel – plenty of anonymous commenters aren’t afraid to hold back.

But, in a rare show of unity, many of the comments on the Kabs channel are cheerful – with many praising the children.

Tay said: “The toughest bit for me is being creative – you always have to think of something creative to put out.

“But we just show our real life – we don’t try to make it up.”

Chan added: “With regards to the Haliborange campaign, I think this is our way of parenting.

“Everybody has their own way. So, I just feel that for those people who do have [negative] comments, this is just our way of doing it.

“It doesn’t have to be okay, for you. There are so many different styles of parenting.

“If our kids don’t feel like filming, they don’t. Tay and I take over the camera.”

After the second lockdown was announced, influencers and celebrities who flocked abroad received huge criticism on social media.

Meanwhile, the Kabs family stayed firmly at home – with videos showing what they’ve been up into lockdown.

Chan said: “I think that is one of the main things about being an influencer.

“You can also you can influence positively and show that normal life is fine.

“The social media lifestyle sometimes can seem very far away from reality.”

Haliborange supports kids’ growth and development at every stage. To see more #ItsAllNormal family stories, and share your own, visit @haliborangeuk on Instagram .

Filed Under: Uncategorized Parenting, YouTube, Family

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