Business

This tag is associated with 1639 posts

US – Work-Sharing to Stop Layoffs with $100 Million to States

The Labor Department announced on Monday that it will be awarding almost $100 million in grant funding to states to prevent layoffs by allowing businesses to pay employees as part-time workers and the federal government will pick up the tab for the cost of a full-time paycheck. The “work-sharing” program was passed as part of … Continue reading

Las Vegas – Layoffs Coming As Several Restaurants Close

Several hundred people could soon lose there jobs at three restaurants on the Las Vegas Strip. The “Review-Journal” reports Red Square, China Grill, and Red, White and Blue inside The Hotel at Mandalay Bay will close November 18th.  Over 350 workers are expected to be laid off… via Layoffs Coming As Several Restaurants Close « … Continue reading

US – Government employment Job Cuts – 1.7 million more jobs

Recent trends in the national labor market demonstrate the harm inflicted on the economy by cutting government spending and laying off government employees in the middle of an already challenging economic recovery.  Just as with private sector layoffs, government layoffs increase the number of people out of work.  And given that there are already nearly … Continue reading

Legal Services Corp – Layoffs of 8 percent of agencies’ lawyers

The nation’s providers of civil legal assistance predict that funding cuts will leave them no choice this year but to lay off about 8 percent of lawyers and support staff, close branch offices and narrow the types of services they provide, Legal Services Corp. announced on August 15… via More legal aid lawyers on the … Continue reading

Wall Street – More Layoffs to Come

Big banks are unlikely to be broken up — but they will keep getting smaller by getting rid of a large numbers of workers. Wall Street financial firms cut more than 75,000 people in 2011, and their employees are bracing for another round of layoffs. Analysts estimate that Wall Street banks will have roughly 10 … Continue reading

Jaguar – 1,000 new jobs with 24-hour production

Soaring foreign demand for Range Rover Evoque and Freelander 2 models 30,000 people are believed to have applied for the new posts Bosses are hoping to achieve record profits of about £1.5bn this year Firm was bought by Indian manufacturing giant Tata from Ford in 2008 Jaguar Land Rover has created 1,000 new jobs by … Continue reading

Union wants automakers to invest

The Canadian Auto Workers union, which made concessions when the big U.S. automakers were struggling, says it wants to share in the profits now that the industry has “turned the corner.” As it geared up for contract talks slated to begin this week, the union said Monday that the automakers need to invest in their … Continue reading

SUNY Downstate Medical Center – More than 1,000 workers are losing jobs

More than 1,000 people are slated to be laid off at financially-troubled SUNY Downstate Medical Center in the next year — with hundreds now getting word they’re being axed. One of every eight employees at the cash-strapped hospital’s East Flatbush and Cobble Hill facilities are being let go, according to Brooklyn pols who have asked … Continue reading

ThyssenKrupp Layoffs – Mobile County Shaken

ThyssenKrupp Steel USA announced plans Monday to lay off nearly 200 workers from its Calvert plant of more than 1,600 people. The German Steel Company said the reduction of their workforce by 197 jobs, of which 143 are hourly positions, is due to “the increasing costs of raw materials used by the plant and slower … Continue reading

Wind – Vestas begins layoffs

Vestas on Monday confirmed an undisclosed number of workers at its Pueblo tower plant received layoff notices as the wind turbine maker began a pullback due to slumping U.S. orders. The company declined to give a specific number of job cuts but outside observers estimated the layoffs could affect about 90 of the plant’s 450 … Continue reading

Solar – Schletter – 305 Jobs in Cleveland County

Schletter, Inc., one of the largest designers and manufacturers of solar power mounting systems, will establish a production and distribution facility in Shelby. The company plans to create 305 jobs in North Carolina by the end of 2016, and invest more than $27 million in its Cleveland County facility. The project was made possible in … Continue reading

What is happening in Apple Stores? Layoffs and Working Hours Cuts ?

It seems that Apple is in the midst of reducing the working hours of staff at its retail stores, and even laying off those recently taken on. Apple has reportedly been making cuts to its retail workforce, many of them new employees fresh out of the store’s training program. Apple fan site MacRumors said that … Continue reading

More clean cars means more jobs

Everybody’s worried about the high unemployment rate, and they should be. But fuel-efficient cars, hybrids and electrics are putting Americans to work big time. Clean cars create jobs. The Big Three automakers, addicted to the profits they made off big SUVs, saw economic ruin in subcompacts, hybrids and — heaven forbid — battery electrics. But … Continue reading

US Healthcare Workers – A sizeable increase in those who believe the economy is getting weaker

The Randstad Healthcare Employee Confidence Index, a measure of overall confidence among U.S. healthcare workers, declined 4.5 points to 53.9 in the second quarter of 2012, according to a recent online survey conducted by Harris Interactive on behalf of Randstad Healthcare. The quarterly survey of 232 workers currently employed in the healthcare industry, which included physicians, … Continue reading

Australia – Attitude change needed to attract workers

A peak business group says employers will need to change their attitudes in order to attract good workers, as Australia braces for a major shortage of skilled workers. Analysis by the Federal Department of Employment shows that 800,000 new workers will be needed over the next five years. The biggest demand for jobs is expected … Continue reading

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