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Kentuky and Virginia / More than 800 coal jobs
After many rounds of layoffs, hundreds of coal mining jobs are coming back to the region. Officials with Professional Contracting say they are currently looking to fill more than 800 jobs. Ever since Alpha Natural Resources idled four mines and laid off hundreds of workers in January, Its been the word about town. “There was … Continue reading
Ohio / Appliance Industry / 400 lose jobs
400 people at one of Painesville’s largest employers were notified of layoffs Friday. Core Systems, LLC is shutting down productions after 50 years in the manufacturing industry. The company makes custom molded parts in the appliance industry for clients including GE, Whirlpool, Bosch and Electrolux. Core Systems President Bill Loebbaka says the lender gave the order to … Continue reading
Germany / Commerzbank / To cut 1,800 jobs
Germany’s Commerzbank AG said Friday that 1,800 jobs in its German retail branches, or about 11% of the retail jobs in Germany, will be cut by the end of 2015. The bank’s management said it has adopted a policy statement to avoid compulsory redundancies in the process. The bank has said it plans to cut … Continue reading
US-Japan / Trade Talks and Jobs
We should welcome and encourage Japan’s interest in freer trade. But let’s not roll out the red carpet for TPP’s arrival just yet. Abe is the seventh Prime Minister of Japan in six years, so it might come as no surprise that his government’s plan to boost Japan’s stagnant economy is designed to play well … Continue reading
Italy / Hiring in recession
Bioplastics group Mossi & Ghisolfi has hired 50 people a year for the last five years – not bad when Italy’s unemployment has risen steadily to a 13-year high above 11 percent. Now a world leader in its field, the Piedmont-based firm is so specialized that, to meet booming demand, it is even wooing home … Continue reading
Indonesia / Minimum Wage / At least 500,000 workers in about 1,500 companies across the country might lose their jobs Employers Association says
Indonesian Employers Association (Apindo) chairman Sofjan Wanandi said that at least 500,000 workers in about 1,500 companies across the country might lose their jobs in March as the companies were no longer able to pay their workers in accordance with the new minimum wages. “I think half a million is the smallest figure we are … Continue reading
Spain / Thousands of striking Iberia workers protest layoffs
Thousands of striking workers of Spanish flag-carrier Iberia protested noisily in Madrid Wednesday, furious at management’s plans to cut 3,800 jobs following its merger with British Airways. To the din of horns and smoking firecrackers, workers massed outside the company’s headquarters, waving red and yellow Spanish flags and signs such as “Get your dirty hands … Continue reading
Volvo / 1,000 new layoffs for 2013
Volvo Car Corporation announced on Wednesday it would cut about 1,000 jobs and slash $237 million in costs by the end of this year. The Swedish automaker wants to reverse recent losses caused by weak sales in Europe. Volvo CEO Hakan Samuelsson told Swedish public television SVT that 1,000 consultants and white-collar workers would need … Continue reading
BAE Systems / Layoff Notices to 1,368 workers
The 1,368 BAE Systems workers who repair and upgrade warships in San Diego have been notified that they’re at risk of being laid off because Congress hasn’t passed a new budget. Lawmakers approved a so-called continuing resolution last year that has kept government going. But it expires on March 27, threatening funding for everything from … Continue reading
Apple / Foxconn places hiring freeze
One of Apple Inc’s major suppliers, Taiwan-based Foxconn Technology Group, said on Wednesday it has placed a hiring freeze on its largest plant in Shenzhen. Foxconn spokesman Louis Woo said the company is not hiring at the facility, citing the high rate of workers returning to the plant after celebrating the Chinese New Year. Woo … Continue reading
US / Nanosolar / 75% of staff laid off
While few manufacturers are profitable in today’s photovoltaic market, U.S.-based Nanosolar has had a particularly tough ride in taking its technology to scale. The Silicon Beat website reported the news yesterday, that as much of 75% of Nanosolar’s staff were laid off on Friday, February 15. The source of the report was an anonymous employee … Continue reading
HMV / 464 Jobs cut due to 37 stores closure
Troubled entertainment retailer HMV is to close another 37 stores with the loss of 464 more jobs, according to the administrators. Joint administrator Nick Edwards said: “As part of our ongoing review of HMV’s financial position, we have undertaken a further review of the store portfolio and have identified an additional 37 stores for closure. … Continue reading
Europe / Danone to cut 900 jobs
French food and drink company Danone has said it will cut 900 jobs after weakness in southern European economies hit sales. The owner of Activia yogurt and Evian bottled water reported sales of 20.1bn euros ($26.8bn; £17.3bn) in 2012, up 5.4% from a year earlier. But sales in Europe fell 3% following a “severe deterioration” … Continue reading
Emirates / One in three companies now hiring
One in three companies across the Emirates is now in hiring mode, according to a top recruitment website, as the economy shows further signs of recovery. Some 35 per cent of UAE firms said they were “definitely hiring” staff over the next three months, research published yesterday from Bayt.com and YouGov showed. That compares with … Continue reading
Barclays / To cut 3,700 jobs
Scandal-hit banking giant Barclays has said it was axing at least 3,700 jobs under a strategic overhaul, but revealed it was paying £ 1.85 billion sterling in bonuses to staff, RTE Ireland reported on 12 February. Chief executive Antony Jenkins is shutting the bank’s controversial Structured Capital Markets tax advisory division. He said 1,800 jobs … Continue reading
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