Severance pay programs for SAP job cuts in Germany are in place

According to the newspaper report, the programs are aimed at SAP employees who are 55 years old or older. As with previous programs, the principle of double voluntariness applies: Not only does the employee have to accept the offer, SAP also has to agree, the paper reported. SAP had previously spoken of around 8,000 jobs being cut worldwide as part of a restructuring.

Also read: “It will be exciting to see whether the tide turns for SAP now”

The Walldorf-based company had already cut jobs in the past in order to become more streamlined and to concentrate more on the core business of software for corporate management.

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Severance pay programs for SAP job cuts in Germany are in place

Center asked Singapore-Hong Kong, why did they ban spices? – India seeks details from Singapore and Hong Kong after ban on MDH, Everest spices
– 2024-04-25 16:58:03

2024-04-25 16:58:03
New Delhi: India, the world’s largest producer, consumer and exporter of spices, has sought details from food safety regulators of Singapore and Hong Kong regarding the ban on spice products of two Indian companies. Singapore and Hong Kong recently banned some spice products from MDH and Everest companies due to quality concerns. The Commerce Ministry has also directed the Indian embassies present in these two countries to send a detailed report on this matter. The ministry has also sought details from the two companies covered under the ban – MDH and Everest. Their products have been banned due to them allegedly containing pesticide ‘ethylene oxide’ more than the permissible limits.

A Commerce Ministry official said, ‘Details have been sought from the companies. The root cause of rejection of Indian spice products will be identified and resolved in coordination with the concerned exporters. The official said technical details, analytical reports and details about exporters have been sought from the embassies in Singapore and Hong Kong in this regard. Apart from this, details have also been sought from the Food Safety Body of Singapore and the Food and Environmental Hygiene Department of Hong Kong. An industry consultation has also been scheduled to discuss the issue of mandatory testing of ethylene oxide in exported spice products.

Fingers raised today, but this is how Everest Spices started, from a small shop it became a brand worth crores.

considering ban

Meanwhile, the Spices Board of India is considering a ban on the sale of four spice-blend products of MDH and Everest. Hong Kong’s food safety regulator has asked consumers not to buy the products and traders not to sell them, while the Singapore Food Agency has ordered a recall of the products.

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Center asked Singapore-Hong Kong, why did they ban spices? – India seeks details from Singapore and Hong Kong after ban on MDH, Everest spices – 2024-04-25 16:58:03

Industrial shipments start 2024 on the right foot according to ADEX

Peruvian manufacturing exports amounted to US$ 506 million 406 thousand in January of this year, reflecting an increase of 5.6% compared to the same month in 2023 (US$ 479 million 507 thousand), due to the greater demand from the chemical and iron and steel sectors. reported the Manufacturing Management of the Association of Exporters (ADEX).

Although it is an encouraging start, the union’s Manufacturing Manager, Melissa Vallebuona Peña, explained that 3 of its sectors continue to be negative: textile, clothing and metalworking, while the other 3 showed growth: chemical, steel metallurgy and ‘miscellaneous’ ( jewelry, crafts, stationery and others).

“Companies were quite resilient in the face of internal and external crises. It is encouraging that, after several months of decline, they are starting the year well, but it is just beginning and it is still too early to project a sustained recovery,” he indicated.

In figures

With a representation of 32% of the total, the most important item of industrial exports was chemicals (US$ 161 million 372 thousand) with an increase of 19.1%. Its main items were lemon essential oils, sulfuric acid, propylene polymer plates, ethylene polymer plates, color lakes, among others, while its leading markets were the US, Bolivia, Ecuador and Colombia.

Steel metallurgy (US$ 134 million 311 thousand) represented 26.5% of manufacturing shipments and increased its demand by 21.7%. Among its first destinations are the USA, Colombia, Brazil, Mexico and Ecuador. Its most representative products were refined copper wire, unalloyed zinc, iron or unalloyed steel bars, other refined copper sheets and strips, and refined copper bars and profiles.

Apparel (US$ 92 million 937 thousand) closed down with -15.8%. His offer was led by t-shirts cotton, knitted undershirts and knitted shirts, among others. The US concentrated 69.8% of that supply, followed by Brazil, France, Canada and Chile.

Metalworking (US$ 48 million 109 thousand) contracted by -8.6%. Among its leading items were cars for more than 16 people, parts of machines and devices, drilling or drilling machines and windshields, which went to Chile, the United States, Bolivia, Ecuador and Colombia.

The ‘miscellaneous’ item reached US$ 37 million 768 thousand, reflecting a positive variation of 3.7% and reaching markets such as the US, Chile, Bolivia, Ecuador and Colombia. Jewelry items, advertising prints, and felt-tip pens and markers were in the top 3 of their offering.

Finally, textiles (U$ 31 million 905 thousand) decreased -6.7%. Fine carded or combed alpaca hair, wool yarn and other dyed cotton knitted fabrics were its most sought-after products. China, the US, Colombia, Italy and Bolivia stood out for their largest orders.

#Industrial #shipments #start #foot #ADEX
– 2024-04-25 17:17:29

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Industrial shipments start 2024 on the right foot according to ADEX

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