Job Market Monitor
Business
Netflix Posting in New Markets including Asia
Netflix has given the clearest indicator that it is set to massively increase its international reach after the company posted a job listing seeking “experienced linguists” to help localize the movie streaming service into seven new languages: Turkish, Dutch, Hindi, German, Italian, Korean and Japanese. The US-based company, which last week launched in Sweden, Denmark, Norway … Continue reading
FedEx – Hiring 20,000 seasonal workers
FedEx Corp said on Monday it plans to hire 20,000 seasonal workers, the same as last year, to handle holiday shipping volume that it expects will be up more than 13 percent. An ongoing increase in e-commerce and last-minute orders amid a slow-growing economy will mean more deliveries for companies like FedEx that can handle … Continue reading
US – The number of workers age 55 and up grew by 3.5 million from September 2009 to September 2012
The number of workers age 55 and up grew by 3.5 million from September 2009 to September 2012. That represents the lion’s share of the gain of 4.2 million for all workers 16 and older, according to the Bureau of Labor Statistics. Two factors help explain the trend. First: demographics. In the three years ended … Continue reading
Human Genome Sciences – Layoffs to continue
The job cuts continue at Rockville-based Human Genome Sciences as the biotechnology company folds its employees and operations into those of the British drugmaker that bought the firm this summer. The latest round of cuts targets 97 employees who were notified of the decision last week. The firm also warned that additional reductions would be … Continue reading
Australia – India: SkillsDMC to train 500 million people for NSDC
Australia’s industry skills council SkillsDMC has signed an agreement with India’s NSDC to impart training to 500 million people in key industry areas by 2022. SkillsDMC has signed an MoU with Indian counterpart National Skills Development Corporation (NSDC) to support the establishment of the Indian Sector Skills Council for mining. It will also provide for … Continue reading
Chinese investment in US between 2000 and 2012 had created 27,000 jobs
Foreign direct investment in the United States from China hit a record high through the first nine months of 2012 despite election-year rhetoric against the country and a congressional report casting national-security suspicions on two Chinese tech companies. During this year’s first three quarters, Chinese enterprises poured $6.3 billion in FDI in the US, according … Continue reading
India – Business Scholls: Apart from the top, most are struggling to survive
“Apart from the top few, most business schools are struggling to survive.” writes Kalpana Pathak in Out of business on business-standard.com “The scary truth of business education, which not so long ago was a passport to a cushy corporate job, is finally out — there just aren’t enough takers. There are, at last count, over … Continue reading
Manitoba – Motor Coach laying off 190
Bus manufacturer Motor Coach Industries is laying off 190 employees from its Winnipeg plant. A Motor Coach spokesperson confirmed the layoffs to CBC News late Thursday, citing decreasing customer demand. Glenn Tomchak, the local president with the International Association of Machinists and Aerospace Workers, said the company notified workers of the layoffs on Thursday afternoon. … Continue reading
Sony – To trim its global headcount by 10,000 by end-March
Sony Corp said it will cut staff in its headquarters by a fifth and shutter a factory making camera lenses and mobile phones in Japan, providing new details of a previously announced plan to trim its global headcount by 10,000 by end-March. In addition to 1,800 at a chemical business it sold to a state-run … Continue reading
General Motors – Hiring 3,000 Hewlett-Packard tech workers
General Motors will hire 3,000 workers from Hewlett-Packard as the carmaker moves more computer functions in-house. The move is part of a larger GM strategy to have more control over the technology it uses in cars and to run its business. The H-P employees already work on GM projects. GM says that making them full-time … Continue reading
US – Unemployment Claims : The good news didn’t last, an increase of 46,000
SEASONALLY ADJUSTED DATA In the week ending October 13, the advance figure for seasonally adjusted initial claims was 388,000, an increase of 46,000 from the previous week’s revised figure of 342,000. The 4-week moving average was 365,500, an increase of 750 from the previous week’s revised average of 364,750. The advance seasonally adjusted insured unemployment rate was 2.5 percent … Continue reading
Indiana – Cummins Inc – 126 Layoffs
Cummins Inc. will implement at least 150 layoffs by year’s end in its southern Indiana workforce, the Columbus-based engine maker announced Wednesday. The layoffs will affect workers at the Fuel Systems Plant in Columbus, Columbus MidRange Engine Plant or the Seymour Engine plant, Cummins’ spokesman Jon Mills said… via The Republic – 126 workers also … Continue reading
Saskatchewan – Potash Corp – Longer than normal layoffs
Longer than normal layoffs are coming a spokesperson for Potash Corp said Wednesday after the company ran into problems with contracts, storage space and profits. Bill Johnson said a yet-to-be-determined number of employees will be given the pink slip after the company discovered its 2012 profits will fall well below earlier projections. “We have about … Continue reading
Australia – Mt Gibson Iron cuts 270 mining jobs
Mt Gibson Iron will cut 270 jobs from its mining operations in Western Australia in a bid to cope with volatile commodity prices. The company says most positions will be slashed from its Koolan Island operations off the Kimberley coast. It is believed 140 of those positions will be contractors. In the company’s quarterly report … Continue reading
Alcatel-Lucent – 5,490 jobs cut
French telecom equipment maker Alcatel-Lucent (ALUA.PA) plans to axe 5,490 jobs worldwide as part of a cost-cutting plan announced in July, with 3,300 in Europe and 1,490 in France, a French union said on Thursday. “We are in shock,” said Isabelle Guillemot, of the CFDT union. Alcatel had said in July that it planned global … Continue reading
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