Steelmaker OneSteel expects a better second half result following a $74 million interim net loss, and has flagged job cuts as well as a name change to reflect its increasing focus on mining. OneSteel shares closed at a near four-week high, up nine cents, or 12.33 per cent, at 82 cents. The loss for the … Continue reading
As Bank Leumi gears up to ax 800 jobs, its management is preparing to fly to London to celebrate the bank’s 110th birthday next Monday. The bash will take place in the old London city hall building, which was erected in 1411 and today serves as a banquet hall. The date for the event was … Continue reading
An investigation has been launched at a stationery company in Humen, Guangdong province, after two employees committed suicide last week. Xie Yanfang, an official with Dongguan city bureau of human resources, promised that the company, Nanshan International Stationery, would be punished if it was found to have violated laws and regulations in connection with the … Continue reading
A metal fabricating company in Stacy last summer posted a job on MinnesotaWorks, the state-run website, for a laser operator. Despite a salary of $40,000 and a full array of benefits, there were no takers. “We did not have one person apply for our job for two months,” said Lori Tapani, co-president of Wyoming Machine. … Continue reading
As the UK’s economic crisis worsens – 2.67 million now find themselves unemployed – The Drum asks agencies how their businesses are being affected and industry bodies tell us what they will do to help. We assumed that in the current climate it would be easier to recruit people and bring the right kind of … Continue reading
Xolile Blessing Bam is passionate about computers. The 20-year-old South African studied IT at a business college in Johannesburg but he has not been able to find a job since. To get some experience, and to keep himself busy, he volunteers as a teaching assistant at a local school in Soweto. “I’ve tried looking for … Continue reading
The business group has urged the Government and employers not to let the debate on social networking sites such as Twitter and Facebook drive policy decisions on tackling youth unemployment. Adam Marshall, BCC director of policy, said activists are increasingly using social media to mobilise support, but there are concerns that a relatively small group … Continue reading
While it may not be the best of times or the worst of times for Alliant Techsystems, the company faces a mixed bag of good news and bad news. Company employees were recently asked to volunteer for layoffs before mandatory layoffs might be ordered in late March. At the same time, the company won a … Continue reading
Dubai-based Hospitality Management Holdings group, which has 33 hotels under management in the UAE and the Middle East, aims to hire 400 hoteliers this year as it looks to add 500 keys to its portfolio, said a senior official The group, which has four brands under its umbrella, will open three properties in UAE this … Continue reading
Charities and businesses will be given cash incentives to get jobless under-18s ‘earning or learning’, Nick Clegg announced today. The Deputy Prime Minister hopes to defuse the ‘ticking time bomb’ of youth unemployment with a £126million scheme across England Organisations will receive up to £2,200 for every young person they help. They will receive an … Continue reading
A massive shortage of educated workers has cast a cloud over expansion in Canada’s oil-sands sector, says a secret memorandum sent to the federal government’s top bureaucrat. The memo, released through access to information legislation, noted the poor environ-mental reputation of the oil-and-gas industry is alienating minority groups from joining a workforce that could need … Continue reading
So … the Revel casino hotel will apparently open with about 4,758 employees, 38 percent of whom – or about 1,785 – will be part-timers. This, despite initial statements that the resort would create 5,500 full-time jobs. An outrage? A scandal? Hardly. It’s a reflection of the economic realities of the time. Yes, it’s a … Continue reading
Budget airline Ryanair has announced plans to axe five routes from Scotland’s busiest airport. The airline said the cuts at Edinburgh Airport are expected to lead to 300 job losses and passenger traffic dropping by 15%, from 1.8 million to 1.5 million. Ryanair said on Tuesday it would reduce its operating aircraft at the hub … Continue reading
There is a perception gap between the skills employers are looking for from prospective employees and the skills jobseekers believe to be important, according to Learndirect. Its findings show there is a divergence of views when it comes to workplace skills such as teamwork, communication and dealing with customers. One in 10 jobseekers think workplace … Continue reading
Hinting at robust job creation activities through the first half of 2012 in the country, a new survey has found that nearly three-fourth of the employers are bullish on hiring prospects for this six-month period. As per the survey of more than 1,000 recruiters, conducted by leading job portal Naukri.com, about 72 per cent of … Continue reading