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Job cuts report worries employees at Germany's Commerzbank
Job cuts report worries employees at Germany's Commerzbank
Business and Economy
by  AFP

Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance from Italy's UniCredit had unsettled employees, a senior trade union official said Monday. Frederik Werning, Verdi trade union official and a member of the supervisory board at Germany's second-largest lender, said rumoured redundancies had caused "uncertainty among employees".

X and Facebook toughen EU pledge to combat hate speech
X and Facebook toughen EU pledge to combat hate speech
Business and Economy
by  AFP

Social media giants including X and Facebook have agreed to step up efforts to tackle hate speech in the EU, the bloc said Monday as its digital rules face scrutiny with Donald Trump's return to the White House. The EU's announcement, coming on the day of Trump's inauguration, said the 12 platforms had agreed beef up a code first signed in 2016 detailing efforts to curb hate speech online.