Courts will not protect welfare or other labor rights of foreigners working without a work permit, even workers under contract, if a draft law is passed. Foreigners without a work permit or an expert certificate — a license issued by the government to some foreign workers with proven talent and expertise in their field — … Continue reading
Motorola Mobility, which was bought by Google Inc. for $12.5-billion, will cut 20 per cent of its work force and shut nearly a third of its offices worldwide, Google said on Monday. “These changes are designed to return Motorola’s mobile devices unit to profitability, after it lost money in fourteen of the last sixteen quarters,” … Continue reading
U.S. energy supplies have been transformed in less than a decade, driven by advances in technology, and the economic implications are only beginning to be understood. U.S. natural gas production will expand to a record this year and oil output swelled in July to its highest point since 1999. Citigroup Inc. (C) estimated in a … Continue reading
In a speech given at the Center for American Progress on Aug. 7th, Obama Labor Secretary Hilda Solis talked on the subject of job opportunities for the Latino community. After noting that she want an economy that “works for everyone and not just the privileged few“ the Secretary warned that the Administration will continue to ”put pressure on congress to … Continue reading
by Daniel Altman. Excerpt: When Americans go to the polls this November, they’ll be looking for some payback. The Great Recession supposedly ended in June 2009, but what followed was hardly the kind of bounce that usually put the economy back on its feet. Rather, in the following two years the economy produced about two … Continue reading
General Motors Co and a Brazilian union have agreed to postpone until November a politically sensitive decision to eliminate as many as 1,840 jobs at a factory near São Paulo. The decision, following tense talks and heated reminders by Brazil’s government that current tax cuts enjoyed by the carmaker go hand in hand with a … Continue reading
KiwiRail will slash 181 jobs over the next three years as it cuts back its infrastructure and engineering arms. Staff will be told this week which jobs will go, and KiwiRail is seeking expressions of interest for voluntary redundancy, chief executive Jim Quinn said in a statement on Monday… via NZ KiwiRail to axe 181 staff … Continue reading
The filming of a new Tom Cruise blockbuster at a studio near Watford will create 500 jobs, Chancellor George Osborne said as he appealed to technology businesses to invest in the UK. Science fiction thriller All You Need Is Kill, which also stars English actor Emily Blunt, is to be made at Warner Brothers’ £100 … Continue reading
Gov. Pat Quinn says Walgreen Co. plans to expand its operations in Illinois and create 500 jobs over the next three years. In announcing the expansion Friday, Quinn and Walgreen said the agreement is part of the “Invest Illinois Initiative.” Under the terms of the deal, Walgreen will also be eligible for tax credits tied … Continue reading
Nearly 140 jobs at a major Owensboro food processor could be affected by the company’s decision to sell one of its product lines. Unilever North America operates a 515-employee plant on Owensboro’s east side that produces Ragu spaghetti sauce as well as frozen meals and appetizers under the names Bertolli and P.F. Chang. The frozen … Continue reading
Gold Fields, the world’s fourth largest gold producer, has begun formal talks with its workers and union about possible labour reductions at its South Deep Joint Venture. The miner said on Thursday that about 2,384 underground workers were served Section 189 notice, South African labour law that governs retrenchment of employees. Gold Fields has been … Continue reading
The bay area is about to get hit with one of the single-largest layoffs in the state this year: PEMCO World Air Services is planning to fire 474 workers at its aircraft maintenance complex at Tampa International Airport. PEMCO is the largest airplane maintenance and repair company headquartered at Tampa International. But the company said … Continue reading
LM Windpower says it will lay off more than half of its workers at the company’s Little Rock plant, which manufactures windmill blades. The Denmark-based company blamed a drop in demand for the layoffs, saying it’s been hurt by the upcoming expiration of a federal tax credit for renewable energy. The company tells the Arkansas … Continue reading
Auto makers in Brazil that benefited from a cut in what is known as the IPI tax can’t reduce employment while the tax cuts are in effect, Brazil’s Finance Ministry reiterated Friday. Some interpreted the statement as a direct message to General Motors Co. (GM), which is considering shutting down production at one of its … Continue reading
Science Applications International Corp. has warned the state of Florida of 200 possible layoffs at MacDill Air Force Base’s U.S. Central Command in the event it is not re-awarded a current contract. The McLean, Va.-based provider of scientific, engineering, systems integration and technical services has submitted a proposal for a contract renewal as the incumbent … Continue reading