BoC looking at more automation, cost-cutting, bank tells staff
Shifting to an increasingly automated environment, reduced red tape, and simplified processes created opportunities for cutting labour cost, an issue that the Bank of Cyprus
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Staff member at school which ‘forgot’ girl on outing is suspended
A private school for children with special needs has suspended a member of their managerial staff over an incident that took place earlier in the
Athalassa hospital staff stage work stoppage over violent convicts (Updated)
Mental health staff at the Athalassa psychiatric hospital in Nicosia staged a two-hours strike from midday on Monday to protest over the lack of security
State doctors call on ministry to ‘end fruitless political game’ over public health
State doctors union PASYKI said on Sunday it was stunned over the row between the health minister and the head of the state health sector
Iconic Cypriot-owned hotel in Athens suspends operations
The Paraskevaides family-owned iconic five-star Athens Ledra Hotel in downtown Athens suspended operations on Wednesday, after referring all its guests to other hotels a
FBME staff reach deal on payment of wages and benefits
Workers at FBME bank and a special administrator overseeing the shuttering of the embattled lender have come to an agreement regarding the payment of salaries
FBME workers, administrator making progress in negotiations
Stephanos Skordis, the lawyer representing most dismissed and striking workers at FBME Bank, said that negotiations with the special administrator Chris Iacovides are progressing well
FBME says staff reduction costly, makes liquidation impossible
FBME Bank, the Tanzanian lender which had its licence revoked by the Central Bank of Cyprus and was shut out of the US banking system
Al Jazeera network laying off 500 employees
Qatar’s Al Jazeera broadcasting network is laying off about 500 employees or more than 10 percent of its staff, it announced on Sunday reflecting financial
Banking sector has shrunk 20-25 per cent since 2013 crisis
Three years after the financial crisis and as Cyprus is due to exit its bailout programme at the end of this month, the banking sector
TUS grounded before its first flight after staff walkouts
The new local airline TUS, has been grounded before its first flight after its air operator certificate was suspended, the Cyprus Mail learned on Tuesday.
Bank of Cyprus offers workers voluntary retirement scheme
Bank of Cyprus, the island’s largest lender, said that it offered its workers a voluntary retirement scheme which provides compensation of up to €200,000 per
‘Leave us alone to do our jobs’ audit office staff say
By George Psyllides Staff at the state audit service told the government on Tuesday to let them do their jobs, as they expressed support for
Serbia says two embassy staff seized in Libya
Two Serbian Embassy staff members were kidnapped on Sunday in Libya’s coastal city of Sabratha, the Foreign Ministry said. It named the pair as Sladjana
Hellenic Bank mulls taking the gloves off with ETYK as labour action continues
By Stelios Orphanides As ETYK members continue to abstain from overtime work at Hellenic Bank for a fourth consecutive week, the lender mulls taking its
Fisheries staff allowed back in but rent dispute drags on
By Evie Andreou The owner of the office building that houses the fisheries department agreed to let the employees back into their offices after a
Ex Cyprus Airways staff accuse government of blackmail
Former employees of now-defunct Cyprus Airways (CY) are accusing the government of blackmailing them into waiving any extra claims for compensation in the future. During
CyTA issues warning about fraudsters
CyTA is cautioning people to against fraudsters that are pretending to be company staff and offering alternative connectivity services to clients. Lately, CyTA said it
Welfare staff protest over lack of security
Welfare officers staged an impromptu 30-minute strike on Wednesday to protest against being assaulted by a woman with an airgun the previous day in Larnaca.
UCy hourly-paid staff to strike
Hourly-paid staff at the University of Cyprus have called a two-hour strike on Friday from 10am until noon to demand the establishment of a provident