Freelancer moves to operating profit as costs decline 11%
Freelancer (ASX:FLN) achieved an operating profit of $0.1 million for the third quarter of 2026, as a 11.0% cost reduction effort delivered savings.
Freelancer (ASX:FLN) achieved an operating profit of $0.1 million for the third quarter of 2026, as a 11.0% cost reduction effort delivered savings.
Deloitte has axed about 170 Australian jobs while planning to hire more than 500 professionals for its outsourcing division.
Ground staff at Qantas (ASX:QAN) launched a 24-hour strike across four major Australian airports on Sept. 24.
The Australian Government will introduce new ministerial directions to restrict temporary visa holders after legislative negotiations with the Coalition collapsed.
Mayfield Childcare (ASX:MFD) reported a statutory net loss after tax of $31.9 million for the half year ended June 30.
Qantas Airways (ASX:QAN) ground crew voted overwhelmingly to support industrial action over wages and workplace conditions.
Shine Justice (ASX:SHJ) reported a net profit after tax of $6.7 million for the financial year ended June 30,
Mercedes-Benz Group reported resilient carmaking profits that beat expectations even as deliveries fell due to a slump in China. The company kept its 2026 carmaking margin outlook at 3% to 5%, but it cut its forecasts for revenue and vehicle deliveries to slightly below last year's levels. Bloomberg's Elisabeth Behrmann reports.
Volkswagen AG Chief Executive Officer is trying to convince the carmaker's supervisory board about his plan for a sweeping restructuring that could ultimately eliminate as many as 100,000 jobs and close four German factories. Bloomberg's Stefan Nicola reports.
Ireland's technology sector, heavily exposed to US multinationals, is facing widespread AI-driven labor market disruption and declines in its high tech employment rates. Bloomberg's Olivia Fletcher has more.
Skilled immigrants who obtained an education and built careers in the US are increasingly wondering whether, amid restrictive US policies, opportunities they sought in America can be had elsewhere.
Saint-Gobain CEO Benoit Bazin tells Bloomberg Television that labor bottlenecks are limiting data center build-out in North America, a development that's coming to Europe. Saint-Gobain manufactures glass products and construction materials.
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