Michael Medau was in his fifties when he lost his job as a metalworker. It was a while before he found work again. Eventually, he was hired by an engineering company which deliberately employs older workers in order to benefit from their experience.
Australia's ANZ bank says it will take a tougher stance on bad banking, following the findings of a public inquiry. CEO Shayne Elliott said the impact ANZ had on individual customers "was embarrassing and shocking."
Ryanair pilots and cabin staff in Germany have been promised a works council inside the Irish airline by Labor Minister Hubertus Heil. The budget carrier claims to have reached a deal with Portuguese pilots.
Netflix has fired its chief spokesman Jonathan Friedland for using the "N-word" during meetings with staff. The company's CEO reportedly said the incidents showed "unacceptably low racial awareness and sensitivity."
Germany's biggest private lender has announced it's laying off more employees than originally planned as it looks to retreat from equities markets across the world in a sweeping overhaul launched by its new CEO.
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