In the last years the idea that higher education can actually be considered a bubble took shape and is increasingly brought to debate. In more and more countries there are dozens of students graduating and instead of entering the workforce, they go straight to unemployment. With some notable exceptions (like Computing, Medicine etc.) there are … Continue reading
It’s too soon to tell how many layoffs will be coming to the Orion bus manufacturing facility, a Daimler spokeswoman said today. The company announced this morning it would cease bus manufacturing operations in North America. A similar facility in Mississauga, Canada, will be closed, while certain operations will be continued out of the company’s … Continue reading
About 450 employees are facing layoff from their jobs with the Indianapolis offices of Aurora Bank FSB, a financially-troubled mortgage servicer that has been for sale. The Delaware-based bank and mortgage institution, a division of financially-troubled Wall Street firm Lehman Brothers, filed a letter warning of the job cuts that was posted today on the … Continue reading
Targacept is slashing its workforce by nearly half, part of a restructuring plan that comes one month after its lead drug candidate, a depression drug, failed the last of a series of phase 3 clinical trials. The company is laying off 65 employees, approximately 46 percent of its staff. Also departing the company will be … Continue reading
Business software solutions provider Progress Software Corp. (PRGS: News ), Wednesday revealed new restructuring plans to divest ten of its non-core product lines and layoff about 10 to 15 percent of its total workforce. The Bedford, Massachusetts-based company deemed the the new steps as necessary to improve profitability and shareholder value. The company also authorized … Continue reading
During the last several years, Congress and the Obama administration have made significant cuts to federal student aid funding to shore up the budget of the Pell Grant program, the primary source of government aid to low-income students. But in a new Education Sector Chart You Can Trust, Stephen Burd argues that the federal government … Continue reading
With 196 employees accepting the early retirement offer, officials at the Crozer-Keystone Health System whittled the number of employees targeted for layoff from 325 to 30. “We were very, very lucky,” Crozer-Keystone Vice President of Marketing Kathy Scullin said. “Because so many people took it, we were able to greatly reduce the number of people … Continue reading
The San Diego Unified School District Board of Education voted 3-1 Tuesday night to issue layoff notices to about 975 full- and part-time classified employees for the next fiscal year to help balance a budget deficit that could reach $122 million. Notices would be issued to affected employees, which include library assistants, custodians and assistants … Continue reading
Higher education in the country is set to get a boost with the HRD ministry finalising plans worth Rs. 80,000 crore inorder to improve access to colleges and universities. The UPA government has embarked upon an ambitious plan to double the gross enrollment ratio (GER), from present around 17% to 30% by the year 2020. For … Continue reading
According to the latest Randstad Workmonitor study, which surveys employees in 32 countries around the world, one out of three Canadians say they are very satisfied with their current employer – placing Canadians amongst the highest employee satisfaction levels reported globally. The Randstad Workmonitor asked workers from around the world to rank their satisfaction level … Continue reading
U.S. financial sector loses 459,400 jobs in four years – The Business Journals The recession may officially be over, but its effects are lingering in the financial sector. The nation’s 100 biggest metropolitan areas lost a collective total of 459,400 financial-activities jobs during the past four years, according to an On Numbers analysis. The U.S. … Continue reading
Britain’s return to recession is “very, very disappointing”, Prime Minister David Cameron said today, but he insisted the Government will stick to its programme of austerity and deficit reduction. The Office for National Statistics today announced the 0.2% decline in gross domestic product (GDP) in the first quarter of the year which, after a fall … Continue reading
Canadian police officers are well-paid but have significant stress and health problems because of work demands and have little in the way of work-life balance, according to national study unveiled Tuesday. The survey of 4,500 police officers from 25 police forces found while the work culture for police involves shift-work, long hours and attention to … Continue reading
AMOUR Khatib Ali 9, is one of the many children from the coastal villages in Zanzibar, who spend most of their time along beach ferrying hsh from the sea for scaling Young boys, dressed in shabby clothes, are seen along the sea shore, sometimes during school hours earning between Tshs 200 and 1,000 depending of the workload Even though the work … Continue reading
During 2008 and 2009 the UK experienced the longest post-war recession on record with six consecutive quarters of contraction. This most immediately and visibly impacted upon the private sector. But subsequent reductions in public spending amidst a period of low growth have increasingly impacted upon the public and voluntary sectors. At the beginning of 2010, 59% of charities reported that … Continue reading