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Satisfaction With Job in US – Up from 2005 finds Gallup
Employed Americans’ satisfaction with 13 aspects of their current jobs has largely improved in the last decade. The percentages of workers “completely satisfied” with their health benefits and vacation time have increased the most since 2005, each rising at least 10 percentage points. Chosen excerpts by Job Market Monitor. Read the whole story at Americans’ Satisfaction With … Continue reading
Bad Bosses – Almost half of workers have left a job because of them
And nearly a third don’t rate the skills of their current manager. They say ‘people don’t leave jobs, they leave managers’, and a survey by B2B marketplace Approved Index may have proved that once and for all, discovering that nearly half (42 per cent) of employees have left a job because of a bad boss. … Continue reading
Panasonic – 1,300 jobs cut in Beijing
Electronics giant Panasonic on Thursday said it will stop making lithium-ion batteries and will shut down the factory that produces the batteries in Beijing. The company will cut 1,300 jobs as it aims to produce higher-grossing items such as electric car batteries. The plant has been open for 15 years and produces batteries for simple … Continue reading
US Jobless Claims – A decline after four straight weekly increases
The number of Americans seeking first-time unemployment benefits fell last week, suggesting the labor market remains healthy. Initial jobless claims, a proxy for layoffs across the U.S., decreased by 6,000 to a seasonally adjusted 271,000 in the week ended Aug. 22 the Labor Department said Thursday. The decline comes after four straight weekly increases. Economists … Continue reading
US – 28 percent of these rich households with jobs in 2012 and with average income of $31.4 million got no paycheck in 2013
A very curious thing happened in 2013, when Congress raised the tax rates on top earners, from the 35 percent rate set under George W. Bush back to the Bill Clinton–era rate of 39.6 percent. More than 4,000 households that in 2012 enjoyed salaries averaging $6.5 million each stopped collecting paychecks, my analysis of IRS … Continue reading
Carlsberg – To cut jobs in the hundreds in Russia, Europe and Asia
Carlsberg A/S, the world’s fourth-biggest brewer, plans more job cuts across the globe as it struggles to control costs amid tough conditions in markets like Russia and Europe, a person familiar with the matter said. The reductions will number in the hundreds and affect operations in Russia, Western Europe and Asia, said the person, who … Continue reading
Angry Birds – Up to 260 jobs cut to come
opular mobile game maker Rovio Entertainment says it plans to restructure its business and lay off up to 260 people because the company took on “too many things” during the past few years. Rovio says it will focus on three core activities: games, media and consumer products. The layoffs will affect the whole organization, excluding … Continue reading
Royal DSM – To cut as many as 1100 jobs by 2017
Royal DSM will make up to 1100 staff redundant by the end of 2017 in a reorganisation designed to cut the cost of running its pharma, nutrition and materials sciences businesses. The Dutch supplier announced the planned job cuts today, explaining that the move is designed to save it €125m to €150m ($144m to $173m) … Continue reading
Boeing Satellite Business – To cut hundreds of jobs
Boeing Co. said Monday it had started issuing notices for what could be hundreds of layoffs at its satellite business, a move it blamed partly on the stalled reauthorization of the U.S. Export-Import Bank, which supports many of its sales. The aerospace giant expects to lay off “several hundred” workers over the coming months and … Continue reading
US – Support for labor unions has jumped five percentage points to 58% over the past year
Americans’ approval of labor unions has jumped five percentage points to 58% over the past year, and is now at its highest point since 2008, when 59% approved. In the interim, the image of organized labor had suffered, sinking to an all-time low of 48% in 2009. Chosen excerpts by Job Market Monitor. Read the whole … Continue reading
UK – The apprenticeship levy in coming in 2017
The government has outlined a package of plans to increase the number of quality apprenticeships across England. Employers are being consulted for their views on the introduction of an apprenticeship levy, planned for 2017 and designed to increase investment in training and apprenticeships. Other proposed steps include a requirement to take a company’s apprenticeship provision … Continue reading
Grads in Taiwan – 66 resumes to land a job
For those recent graduates who have successfully landed a job, an average of 66 resumes had to be sent out before receiving an offer, according to a survey released on Monday by an online human resource agency. Among recent graduates, including those who have been discharged from mandatory military service this year, up to 60.6 … Continue reading
Australia – 60% of students are training for jobs that will not exist in the future
Sixty per cent of Australian students are training for jobs that will not exist in the future or will be transformed by automation, according to a new report by the Foundation for Young Australians. Key points 44 per cent of jobs will be automated in the next 10 years 60 per cent of students are … Continue reading
Daimler – 1,500 jobs cut in Brazil
Daimler AG is eliminating 1,500 jobs at its Brazilian truckmaking division as demand for commercial vehicles in the country shows no signs of recovery. Workforce cuts became inevitable after industrywide truck sales in Brazil, South America’s largest economy, plunged 44 percent in the first half of 2015, compounding a decline last year, said Florian Martens, … Continue reading
Microsoft confirms Finnish phone site closure and job cuts | Reuters
Microsoft Corp (MSFT.O) on Friday confirmed it will close Nokia Oyj’s (NOKIA.HE) former handset product development unit in Salo, Finland, and will cut a total of up to 2,300 jobs in the Nordic country. The cuts, initially announced in July, are part of Microsoft’s plan to cut 7,800 jobs globally, most from the phone hardware … Continue reading
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