Job Market Monitor
Business
Home Depot Canada / Hiring 6,300 for spring season
The Home Depot® Canada is currently hiring 6,300 associates across all 180 locations to support its busiest season, spring. “Spring gives us the opportunity to find the best associates, who are passionate about customer service,” said Bill Lennie president, The Home Depot Canada. “From Vancouver to St. John’s, we are about building meaningful, sustainable careers.” … Continue reading
Disney / Hundreds of layoffs in gaming unit
Walt Disney Co is preparing to lay off several hundred people in its interactive unit, the division that includes gaming products and the Disney.com website, The Wall Street Journal reported on Monday. The layoffs are expected to begin after Disney releases its quarterly earnings on Wednesday, the Journal said. Chosen excerpts by Job Market Monitor. Read … Continue reading
Spain / Firing Aid was scrapped on Jan. 1
The 2012 overhaul, which made it cheaper to fire workers and easier to reduce wages, extended subsidies for small companies cutting staff. The measure, which brought the cost of firing permanent workers closer to that of temporary staff, was scrapped on Jan. 1 this year. “One of the most effective provisions of the labor reform … Continue reading
KPN / To cut another 2,000 jobs
Dutch telecoms group KPN will cut up to a further 2,000 jobs after frugal consumers and stiff competition drove down quarterly revenues in its mobile division, causing profits to miss expectations. Chosen excerpts by Job Market Monitor. Read the whole story at UPDATE 2-KPN to cut more jobs as mobile revenue slides | Reuters. Related articles Europe … Continue reading
Dell / 15,000 layoffs to begin this week
Dell’s expected layoff programme is expected to begin this week, and over 15,000 people may lose their jobs worldwide. Insiders speaking to the Register say that the PC giant’s restructuring operation has resulted in cuts in every department, “some of these have already been downsized and are now being told to cut 15 per cent … Continue reading
Amplats / To cut 1,400 jobs
Anglo American Platinum (LON:AAL), the world\’s largest platinum producer, warned Monday the current strike at its South African operations could force the company to cut 1,200 to 1,400 jobs this year. The miner said the planned layoffs would follow last year’s lost of 7,438 jobs, when merged five mines at its Rustenburg complex into three. … Continue reading
Novartis / To cut or transfer up to 4,000 jobs
Novartis has confimred that pharma jobs will be reallocated in 2014 in a continuation of the productivity drive that saved the firm $2.8bn (EUR2bn) last year. Swiss newspaper NZZ am Sonntag reported that Novartis was looking to cut or transfer up to 4,000 jobs – approximately 6% of its global workforce – earlier this week. … Continue reading
Leucadia / To cut 1,300 California Jobs
Leucadia National Corp. (LUK:US), the investment firm run by Richard Handler, plans to shut a beef-processing facility with 1,300 workers, citing poor performance. The closure in Brawley, California, will result in an impairment of a “substantial portion” of the $93 million in long-lived assets at the plant as of Sept. 30, the company said today … Continue reading
Baclays / 400 jobs cut in corporate banking
Barclays is cutting 400 jobs from its corporate banking division, adding to the similar number of people axed by its investment bank this week as Chief Executive Antony Jenkins wields a cost-cutting knife. The bank cut 3,700 jobs last year. Chosen excerpts by Job Market Monitor. Read the whole story at Baclays cuts 400 jobs in corporate … Continue reading
Zynga / Acquisition and layoffs
While Zynga is adding staff with the acquisition of NaturalMotion, it’s cutting employees in other parts of the company. The layoffs come with a 15 percent workforce and cost reduction plan that is expected to save the company as much as $35 million but will impact up to 314 employees. This comes after a massive … Continue reading
White House Meets Business / To discuss better job training and discrimination against long-term unemployed
The White House released a list of 23 corporate or small business leaders joining with Obama and Vice President Joe Biden to discuss better job training to expand manufacturing capacity and help people who have been jobless for years re-enter the workforce. They include AT&T Inc., CVS Caremark Corp., JPMorgan Chase & Co. and The … Continue reading
AstraZeneca in India / To close R&D unit with more than 150 jobs cut
British drug-maker AstraZeneca said it will close its research and development unit in Bangalore, India, making more than 150 jobs redundant. The move, as part of an ongoing global restructuring exercise, will also shut down its early stage research on tropical diseases tuberculosis and malaria. The existing research will be moved to its UK facility … Continue reading
Best Buy in Canada / To lay off 900 workers
Facing pressure from online electronics retailers such as Amazon and Apple, Best Buy Canada will close 15 of its big box stores before opening smaller outlets. The move, which represents about 10% of the retailer’s square footage in this country, will mean layoffs for an estimated 900 employees. Chosen excerpts by Job Market Monitor. Read the … Continue reading
Weatherford / The oilfield services provider to cut 7,000 jobs
Oilfield services company Weatherford International Ltd (WFT.N) said it would cut 7,000 jobs and estimated fourth-quarter profit below its previous expectation, hurt partly by disrupted operations in the Middle East. Chosen excerpts by Job Market Monitor. Read the whole story at Oilfield services provider Weatherford to cut 7,000 jobs | Reuters.
Europe’s High-Tech Workers / 22 million employed in the EU-27 or 10 percent of total employment in 2011 study finds
The authors analyse high-tech employment and wage trends in the European Union (EU-27) between 2000 and 2011.1 Using a broad industry-occupation framework, we define high-tech workers as those employed in a high-tech industry or a STEM (science, technology, engineering, and math) occupation. This comprehensive analysis of the high-tech workforce highlights the important role high-tech workers … Continue reading
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