
Newmont to fire at least 10% of staff at Suriname's Merian mine
"Since 2021, gold production at Merian has declined 48% while operating costs have increased by 50%, challenges that have put pressure on the long-term sustainability of operation," Newmont said in a press release.
According to the company, some 1,550 people currently work at the Merian site.
(This story has been refiled to fix a formatting error with the reporter's byline)
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The Independent
5 hours ago
- The Independent
Trespass to design 2026 Commonwealth Games uniforms again
Outdoor clothing manufacturer Trespass is to design and produce the uniform for the Glasgow Commonwealth Games workforce and volunteers – for the second time. The company has been appointed by Glasgow 2026 as its official uniform partner and will be responsible for supplying the uniform that will be worn by thousands next summer. It comes after the Glasgow-based company designed the red, white and grey uniform worn by the workforce and volunteers at the Commonwealth Games in the city in 2014. The 2026 Commonwealth Games is expected to feature around 3,000 athletes from 74 nations and territories who will compete across 10 sports and six Para sports at four venues. The Trespass brand, which has 299 stores around the world, was established in 1984 in Glasgow by Afzal and Akmal Khushi. They said: 'It's great to be back. When we designed the uniform in 2014, we thought it was a once-in-a-lifetime opportunity. So, getting the chance to be part of the Games again, in our home city, and design a second uniform is truly special. 'We know how important the uniform is for uniting the Games workforce and we're now working hard to create a design that's the perfect fit for Glasgow 2026.' Glasgow was last year announced as the host of the 2026 Games after the Australian state of Victoria pulled out due to rising costs. Jade Gallagher, chief operating officer of Glasgow 2026, said: 'It's great to welcome back Trespass to the Games as a returning sponsor for 2026. 'The Games uniform means so much to our volunteers and is the first thing athletes and spectators will see as they approach our iconic venues. 'It is important that we have the best team producing it and we're confident that with Trespass as our partner we will deliver a sustainable and iconic uniform design that will make Scotland and Glasgow proud. 'The people of Glasgow are truly at the heart of the 2026 Commonwealth Games, so it feels fitting that Trespass, a homegrown brand with over 40 years of experience in activewear and a sponsor of the 2014 Commonwealth Games, is returning to design another uniform that will celebrate the city's vibrant culture and unique heritage.' Sarah Quinn, a Glasgow 2014 volunteer, said she is looking forward to seeing the new design. She said: 'Receiving my uniform at the 2014 Commonwealth Games was the moment everything became real. 'Wearing it gave me a sense of belonging to such a unique and exciting experience. 'I can't wait to see the 2026 design.'


The Independent
9 hours ago
- The Independent
WPP reveals 7,000 roles cut in past year as profits tumble
Global advertising giant WPP has revealed the group cut its workforce by 7,000 over the past year as it saw profits plunge in a 'challenging' first half. The firm said its worldwide workforce shrank to 104,000 at the end of June, down from 111,000 a year earlier after slashing costs in the face of tougher trading. It reduced roles by 3.7% in the first six months of 2025, it added. The group reported pre-tax profits tumbling to £98 million for the six months to June 30, down from £338 million a year earlier. WPP's outgoing chief executive Mark Read, who will be replaced by former Microsoft UK boss Cindy Rose on September 1, said: 'It has been a challenging first half given pressures on client spending and a slower new business environment. 'We have, however, made significant progress on the repositioning of WPP Media, simplifying its organisational model to increase effectiveness and reduce costs.' The group halved its interim dividend payout to 7p per share, saying it would allow 'our incoming CEO to review the group's strategy and capital allocation policy while maintaining financial flexibility'. 'The priority is to drive sustainable growth supported by an appropriate level of financial flexibility while balancing returns to shareholders,' he added. WPP – which owns agencies such as Ogilvy and VML – warned over annual profits in July as clients cut spending amid global economic uncertainty, with trading worsening over the second quarter. It saw revenues fall 7.8% in the first half, down 2.4% on a like-for-like basis, with the decline picking up pace to 5.8% in the second quarter. WPP said it continues to expect full-year results in line with the lowered guidance given in July. Mr Read is leaving after seven years at the helm and a three-decade career at WPP. His successor has worked at Microsoft for nine years, most recently as its chief operating officer for global enterprise. She was previously the president of the technology giant for Western Europe, and the chief executive of the UK business. Recruiting Ms Rose is seen as aligning with WPP's efforts to sharpen its focus on artificial intelligence (AI) and digital transformation, in a bid to keep up with rapidly evolving demands.


Times
16 hours ago
- Times
Scottish council staff off sick at record rate
The level of absence among council staff is at its highest level on record as local authorities are urged to improve their workforce planning. Figures released by the Accounts Commission on Thursday showed the absence rate among non-teacher staff rose to an average of 13.9 days in 2023-24 compared with 10.8 in 2010-11. During the same time, the teacher absence rate increased from 6.6 days to 7.6 days. • We are in a new era of health in the workplace — things must change In a report the commission urged councils to plan their workforce into the future, especially given the age of staff. While 35 per cent of staff — the highest level — are between 25 and 44, a total of 27 per cent of workers are between 45 and 54. There are 29 per cent of workers aged 55 to 64. The commission said: 'Addressing rising sickness absence, embracing innovation and digital technology, and increased collaborative working will all be necessary to attract and retain staff and ensure we all continue to benefit from a skilled and motivated local government workforce.' Local authorities should align their workforce plans with their own priorities, the report said. The commission added that councils were dealing with 'clear and continuing financial pressures' and had to 'transform how they deliver services' to cut costs. 'Auditors report that councils have responded positively to these challenges but that further progress with workforce planning is still needed in light of continuing financial and demand pressures,' the report said. • Scots out of work for sickness and disability at highest level for 20 years Jennifer Henderson, a member of the Accounts Commission, said: 'We all benefit from a skilled and motivated local government workforce; staff are the most important resource that councils have. 'Councils must fundamentally reform how they deliver services, and Scotland's 260,000 council workers are crucial to this. 'Councils need to align their existing workforce plans with their priorities so they can ensure their workforces are the right size and shape, and their staff have the skills they will need. In particular, they need to ensure workers have the digital skills necessary for the scale of changes ahead. 'We have seen many councils already responding to this challenge, and there are valuable opportunities for local bodies to learn from each other.'