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Recent Editions
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Human Times
North America
Verizon to shed more than 13,000 jobs as it restructures

Verizon will lay off over 13,000 employees, its largest single workforce reduction, as the U.S. wireless carrier aims to lower costs and streamline operations. The cuts, mostly in the U.S., will be accompanied by converting 179 stores into franchises. CEO Dan Schulman said the company's cost structure “limits our ability to invest significantly in our customer value proposition.” Verizon expects to record up to $1.8bn in severance charges, with most employees departing by next month. Despite market pressures and competition, the company stressed the cuts are not due to AI. Schulman announced a $20m fund to support workers’ transitions.

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Human Times
UK
Almost 1m young people still not in work or education

Almost a million young people are still out of work, education or training, according to new data from the Office for National Statistics (ONS). The number of so-called Neets - those aged 16-24 who are unemployed or economically inactive in the UK - had fallen slightly to 946,000 between July and September, down from 948,000 in the three months before. In response to the figures, the Secretary of State for Work and Pensions Pat McFadden said a planned "Youth Guarantee" scheme would ensure young people "have access to education, training, an apprenticeship - or ultimately guaranteed paid work if they cannot find a job." McFadden said the government wanted to make sure "every young person has the chance to succeed, no matter where they are from or what their background is."

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Human Times
Europe
Tod's executives face labour exploitation probe

Italian prosecutors are investigating Tod's and three of its executives for alleged labour exploitation involving Chinese subcontractors. The Milan Prosecutor's Office claims Tod's knowingly violated labour laws regarding working hours, wages, and safety. A court document revealed that 53 workers were exploited, with one worker alleging physical abuse over unpaid wages. Prosecutors described the company's lack of oversight as "malicious." Tod's founder Diego Della Valle defended the luxury fashion label's reputation, warning that such investigations could harm "Made in Italy" brands. A hearing is set for December 3 regarding a proposed advertising ban.

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Human Times
Middle East
Labourers in Saudi Arabia face unsafe conditions and exploitation

Saudi Arabia's migrant workers face severe exploitation, according to a new report by Amnesty International which highlights the iniquities of the kafala sponsorship system, which subjects workers to excessive recruitment fees, unsafe working conditions, and discriminatory wages. Marta Schaaf, programme director at Amnesty, highlighted such issues at the high-profile Riyadh Metro Project. She said: "The Riyadh Metro is hailed as the backbone of the capital's transport system, yet beneath its sleek exterior lies a decade of abuses."

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