https://knews.kathimerini.com.cy/en/business/companies-laying-off-employees-to-hire-new-ones-at-lower-salaries
Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...
https://knews.kathimerini.com.cy/en/news/preparations-for-second-round-in-the-final-stretch
Preparations for the second round of the Presidential elections on Sunday are in the final stretch. On Thursday the distribution of ballots was completed and on Friday the ballot boxes will be delivered....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-is-constantly-reducing-its-energy-footprint-and-contributes-to-the-protection-of-the-environment-on-a-daily-basis
This year, the company was also certified with the ISO 50001 for its energy management system and for the first time it attained green certificates for 100% of the energy supplied by EAC....
https://knews.kathimerini.com.cy/en/news/asylum-seeking-busboy-detained-in-paphos
Paphos immigration police got busy on Election Day Sunday when they detained a busboy and his employer over suspected unauthorized work...
https://knews.kathimerini.com.cy/en/business/€10-million-worth-of-grants-approved-for-women-entrepreneurs
A total of 187 applications submitted by women were approved in 2021 for the amount of 10.6 million euros, in the framework of the New Entrepreneurship Programme covering the period 2021-2027, ...
https://knews.kathimerini.com.cy/en/news/children-s-a-e-department-operating-on-trial-basis-since-monday
Since Monday, January 30, 2023, the first Accident and Emergency Department for Children has been running on a trial basis....
https://knews.kathimerini.com.cy/en/news/the-new-president-and-finance-minister-will-face-new-challenges
We are only a few days away from voting for the new President of the Republic. ...
https://knews.kathimerini.com.cy/en/news/election-protocol-for-covid-positive-voters
The Ministry of Health issued Monday a press release on a series of protection measures for the prevention of the spread of COVID-19 that should be implemented by the election officers during the presidential elections that will take place on Sunday....
https://knews.kathimerini.com.cy/en/business/strike-trade-unions-call-for-cola-agreement
Hundreds of workers gathered outside the Finance Ministry today calling for the full reinstatement of COLA (Cost of Living Allowance). ...
https://knews.kathimerini.com.cy/en/business/kousios-work-accidents-decreased-by-7
Through the policies implemented and through specific measures, we have managed in recent years to have a continuous decrease in work accidents, said the Minister of Labour and Social Insurance, Kyriakos Koushos, on Tuesday, noting that "this year the decrease is estimated to be around 7%."...
https://knews.kathimerini.com.cy/en/news/school-exams-rescheduled-to-accommodate-major-strike
Unionized teachers in the Republic of Cyprus have secured a time change for school exams on Thursday so that members can take part in a major strike to demand restoration of pre-crisis wage indexation mechanisms for union workers...
https://knews.kathimerini.com.cy/en/business/no-more-fridays-4-day-work-week-on-the-rise
The results are in: It's time for your company to stop working on Fridays (or Mondays)....
https://knews.kathimerini.com.cy/en/business/google-cutting-12-000-jobs
Google's parent Alphabet Inc said on Friday it is cutting about 12,000 jobs, or 6% of its workforce, as the technology sector reels from layoffs and companies stake their futures on artificial intelligence (AI)....
https://knews.kathimerini.com.cy/en/business/tech-companies-calling-for-employee-naturalizations-after-5-years
Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...
https://knews.kathimerini.com.cy/en/news/finance-minister-responds-to-cbs-disinformation-and-fake-news
The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...
https://knews.kathimerini.com.cy/en/business/pwc-survey-seven-out-of-ten-ceos-are-pessimistic-about-2023
According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....
https://knews.kathimerini.com.cy/en/business/prostitutes-gather-in-davos-for-annual-meeting-of-global-elite
The global elite tackling the world's problems at the Davos summit including gender inequality is fuelling a surge in prostitution in the Swiss resort....
https://knews.kathimerini.com.cy/en/business/more-mergers-and-acquisitions-needed-to-bolster-competitiveness
Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness....
https://knews.kathimerini.com.cy/en/news/more-job-vacancies-reported-than-registered-unemployed
The number of job vacancies reported by hotels for the year 2022 was almost three times the monthly average of the number of registered unemployed persons, Labour and Social Insurance Minister Kyriakos Koushos said at a conference on the "Staff shortage in the field of hospitality"....
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....
https://knews.kathimerini.com.cy/en/business/the-landscape-of-bank-equity-is-changing-in-cyprus
A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....
https://knews.kathimerini.com.cy/en/news/trendsetter-company-buys-cyprus-most-expensive-property
The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...
https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022
The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....
https://knews.kathimerini.com.cy/en/news/nicosia-scrambles-to-counter-north-recognition
The Republic of Cyprus is scrambling to block the Turkish Cypriot administration from upgrading its status in the northern part of the divided island, with Greek Cypriot officials in the south confirming reports of new counter measures with diplomatic missions to countries including Gambia...
https://knews.kathimerini.com.cy/en/news/officer-injured-in-clash-outside-foreclosed-property
The owner of a foreclosed property in Paphos was arrested on Thursday following an altercation outside an apartment complex, where a female police officer was injured...
https://knews.kathimerini.com.cy/en/news/germany-passes-law-allowing-foreigners-to-easily-gain-residency
Germany’s Federal Parliament, Bundestag, has approved the amendments to the law on the right of residence and asylum for third-country citizens who are already in the country, with a majority of 371 votes....
https://knews.kathimerini.com.cy/en/comment/opinion/the-belgian-wheel-is-in-motion
Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...
https://knews.kathimerini.com.cy/en/news/€651-4-million-of-government-surplus-recorded-until-september-2022
Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....
https://knews.kathimerini.com.cy/en/business/unemployment-rises-to-6-8-in-third-quarter-of-2022
Unemployment in Cyprus in the third quarter of 2022 rose to 6.8% of the total workforce, compared with 6.6% in the respective period of last year, according to the Labour Force Survey, published by the Statistical Service of Cyprus (Cystat) on Thursday....
https://knews.kathimerini.com.cy/en/business/wolt-responds-to-their-delivery-personnel-strike
In recent hours, images of delivery people from a particular digital platform participating in a protest march have circulated online, raising questions about the organizational structure for delivery persons in the restaurant and digital product distribution industries. In this instance, it is Wolt employees. Akis Stamoulis, the company's communications manager, responded to "K's" specific questions....
