Job Market Monitor
Business
Wisconsin – Hologic – 130 employees to go
Hologic will let go of 130 employees as it closes its a Wisconsin manufacturing facility over the next 24 months, a measure the company warned employees of prior to the $3.7 billion merger with Gen-Probe… via Layoffs: Hologic confirms cuts following $3.7B Gen-Probe merger | MassDevice – Medical Device Industry News.
Tennesse – 185 Gaylord workers face layoff
Gaylord Entertainment Co.’s restructuring plan would affect more than 300 local employees, two-thirds of whom will be out of work if a deal with Marriott International goes through this fall. The Nashville-based hospitality company said Tuesday that it would eliminate an estimated 310 corporate positions if the plan wins shareholder approval. Of those, about 185 … Continue reading
Little Rock – Hawker Beechcraft laying off 170
Hawker Beechcraft is laying off 170 employees at its Little Rock aircraft finishing plant. The company on Thursday issued a letter giving the workers 60 days of notice, as required by federal law. The Wichita, Kan.-based company says the layoff will affect both hourly and salaried workers. In November Hawker Beechcraft assured Little Rock employees … Continue reading
Lord of the Rings – Layoffs Hit Developer
Layoffs are reportedly underway at Warner Bros. Games Seattle. According to various reports, an unknown number employees have been let go this morning from WB Seattle, which also includes Monolith Productions, Surreal Software, and Snowblind Studios… via Layoffs Hit Lord of the Rings Developer – IGN.
US Budget Cuts – Uncertainty May Relieve Companies Of Layoff Notice Requirement
Companies may not have to send employees a warning of potential layoffs because of possible across-the-board budget cuts next January, according to the U.S. Department of Labor. Under the Worker Adjustment and Retraining Notification (WARN) Act, companies with more than 100 employees are required to send out notices at least 60 days before potential layoffs … Continue reading
China – Nokia Siemens Networks plans more layoffs
Nokia Siemens Networks, the world’s fourth-largest telecom gear maker, is planning to lay off around 300 employees in China. This will be the company’s second layoff in China this year. In March, it cut 350 jobs in the Chinese market. A China-based Nokia Siemens Networks official, speaking on condition of anonymity, said the layoff announcement … Continue reading
Indonesia – Kalimantan Mine – Layoffs may loom ahead
Coal miners in Kalimantan are balking as the global coal price falls, saying their local production has taken a hit and they may need to fire some workers. Mr Eko Priyatno local chairman of the Coal Mining Association said that the 30% decline in the global coal price could push mining companies toward massive layoffs. … Continue reading
iPad – The Daily Plans Layoffs
The Daily, a tablet-only publication introduced with much fanfare last year by Rupert Murdoch of the News Corporation and the Apple executive Eddy Cue, said Tuesday it would lay off almost one-third of its 170 full-time staff members. The news, first reported by All Things Digital, comes as the News Corporation prepares to split its … Continue reading
RIM closes Boston store
Canadian company Research in Motion has closed one of the company’s retail locations, a BlackBerry store in Boston, but says a decisions has not yet been made on the other ones. RIM has a few retail locations across Canada and the United States, including a handful of airport kiosks. Citing unnamed sources close to the … Continue reading
Yediot Plans Dozens of Layoffs
One of Israel’s most prominent daily Hebrew newspapers, Yediot Aharonot, will lay off dozens of journalists. The downsizing comes in an era when newspapers worldwide are experiencing cuts. Yediot’s layoffs will include senior staff members and veterans of the organization, according to Israeli business publication Globes. The cuts will affect the paper’s health and travel … Continue reading
The Talent War – Is Alberta losing ?
As Lorraine Mitchelmore rushed from a speaking engagement out into a hot June afternoon, the president and country chair of Shell Canada Ltd. paused to consider Alberta’s never-ending shortfall of skilled workers. “There’s a decade of projects that we’ve got in front of us,” she said, standing in the lobby of Calgary’s Delta Hotel on … Continue reading
Skills gap – Session Explores Solutions to Auto Industry’s Skilled Worker Shortage
In an industry that now employs 22 percent fewer workers than it did just five years ago, automotive employers are finding they must search extensively to fill job openings. The market for skilled workers and the global competition for talent will be the focus of “Surviving the Skills Shortage: Hiring Strategies and Solutions” at the … Continue reading
Germany – Skills Gap – Visa Rules for Skilled Workers Relaxed
Starting tomorrow, many foreign investors and their foreign employees will have an easier time obtaining a residence permit in Germany. Two key changes have been made to streamline the visa process for these groups. The EU Blue Card will be introduced tomorrow. Also, capital and job creation requirements have been eased for investors looking to … Continue reading
Philadelphia Orchestra Exites Bankruptcy
The orchestra stunned the arts community when it became the first major U.S. orchestra to file for Chapter 11 bankruptcy protection in April 2011. Under the reorganization plan, the 111-year-old symphony will shrink from 105 musicians to 95 and cut their pay by about 15 percent. The orchestra also got a break on its rent … Continue reading
Australia – Rio Tinto to Cut Jobs
Rio Tinto PLC is cutting jobs at its regional headquarters in Melbourne and closing an office in Sydney as the Anglo-Australian mining giant moves to contain costs, two people familiar with the matter said Tuesday. The restructuring is the latest sign that Australia’s mining boom is running out of steam as China’s economy slows and … Continue reading
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