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NBC Universal – To Cut About 450 Jobs
Comcast Corp. (CMCSA)’s NBC Universal is cutting about 450 jobs at several divisions of the broadcast, film and cable company, according to two people with knowledge of the situation. The reductions, some of which have taken place already, amount to about 1.5 percent of NBC Universal’s 30,000 employees, according to the people, who weren’t authorized … Continue reading
India / Joyalukkas to create 10 000 more jobs in 3 years
Joyalukkas Group intends to jack up its workforce from the current level of 5,000 to 15,000 in the next three years, according to Joy Alukkas, chairman of the group. “By then we would open jewelry shops in 100 cities across the world. The chain currently has 85 outlets in different parts of India and abroad, … Continue reading
Rio Tinto / Layoffs to continue
Global miner Rio Tinto Ltd expects the recent round of layoffs and cost-cutting in Australia to continue as margins shrink due to rising production costs and falling commodity prices, a top executive said on Tuesday. “The rationalisation will continue,” Rio Tinto’s Australia chief executive, David Peever, said at a conference… Choosen excerpts by JMM from … Continue reading
Ireland / Cloud / LogMeIn to create 50 new jobs
Cloud and mobile computing tech firm LogMeIn Inc is to create 50 new jobs within the next year in Dublin as part of an IDA Ireland-backed investment. The city centre jobs will include a variety of European and international functions, including sales, customer support, marketing, finance and HR. Already 20 new employees are to start … Continue reading
Philadelphia – Hostess closings to cut 627 jobs
The closures in Seattle, St. Louis, and Cincinnati spared Hostess’ Northeast Philadelphia bakery, where 330 members of Local 6 of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union stopped working at 12:01 a.m. Saturday to protest wage and benefit cuts approved last month by a bankruptcy judge. “We’re fighting for our pensions, we’re … Continue reading
Europe | What Next for Airlines?
Despite relentless consolidation in the European airline industry over many years, few national carriers have disappeared entirely. Hungary’s Malev went bust earlier this year. Belgium’s Sabena is long gone. But most live on even if they have been absorbed by bigger rivals. Still, rarely has the pressure to cut costs to save national carriers proved … Continue reading
Dallas | Wingspan Portfolio Advisors issues layoff to 459 employees
Wingspan Portfolio Advisors, a Carrollton-based loan servicing company, will layoff more than a quarter of its workforce at the end of the year. Wingspan issued a Workers Adjustment and Retraining Notification Act (WARN) letter on Nov. 5 to the Texas Workforce Commission informing them all 459 employees at the Dallas location will be terminated effective … Continue reading
UK | Southampton | Up to 300 job cuts
Up to 300 jobs will be cut by Southampton City Council when it publishes its budget later, according to trade unions Unison and Unite. The Labour-run council needs to find savings of about £30m for 2013-14 and has pledged to restore the pay of workers cut by the former Tory regime. Labour councillor Simon Letts … Continue reading
US | Workers Least Satisfied With Stress and Pay
U.S. workers are the least satisfied with their on-the-job stress and money they make, out of 13 aspects of work conditions rated in Gallup’s annual Work and Education poll. Fewer than a third say they are completely satisfied with each. They are most satisfied with the physical safety conditions of their workplace, followed by their … Continue reading
The City | Women miss out on top jobs
Just one in five mid to senior-level jobs in the City are filled by women and only 6 per cent of managing directors are female, research has found. The survey by Astbury Marsden, a financial services recruiter, suggests women still face a glass ceiling despite efforts by banks and hedge funds to address the gender … Continue reading
Skills Gap | Three million open jobs in U.S. (Video)
Millions of jobs are waiting to be filled, but employers say they can’t find qualified workers because of “the skills gap.” Byron Pitts reports. Watch @: via Three million open jobs in U.S., but who’s qualified? – 60 Minutes – CBS News. Related Posts Apprenticeship | Skills Gap in Advanced Manufacturing POSTED BY JOB MARKET MONITOR ⋅ NOVEMBER 10, … Continue reading
UK | Skills gap continues to plague manufacturers
Staffing problems are driven by candidates’ lack of technical skills and experience, as well as a lack of applicants for jobs, according to the study by the manufacturers’ body, published on Monday. Employers are being “proactive” towards addressing skills gaps by developing links with schools and colleges, increasing investment in quality apprenticeships and pumping more … Continue reading
ILVA | Temporary layoffs of 2000
ANSA reported that troubled steel manufacturer ILVA warned that it will seek judicial relief from environmental shutdown orders, complaining it can’t make any business plans while the orders are in place. Mr Bruno Ferrante president of ILVA complained in a letter to the ministry of environment that “This company cannot, at present, make any declaration … Continue reading
Ireland | Fidelity Investments to create 200 new jobs
Financial services giant Fidelity Investments is to create 200 new jobs in Dublin and Galway involving a diverse mix of technology, back office operations and enterprise services skills. The IDA Ireland-backed investment will see new employees – ranging from entry-level to management positions – join highly integrated global teams providing finance, treasury, HR and end-user … Continue reading
SAS | To cut nearly 6,000 jobs
Loss-making airline SAS will shed nearly 6,000 staff through cuts and asset sales to secure loans from banks and Nordic governments to help it survive a global downturn and fierce competition. SAS (SAS.ST), one of the European flag-carriers being squeezed by discount carriers such as Ryanair (RYA.I) and Norwegian (NWC.OL), has not made a full-year … Continue reading
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