Job Market Monitor
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Adobe to hire for 200 high-paying positions in Utah
Adobe Systems Inc. anticipates its new $100 million Utah headquarters will be completed before the end of the year and plans to hire for 200 high-paying positions by the time it moves into the Lehi facility. The California-based software technology company showed off its new 280,000-square-foot Utah facility on Tuesday that is designed as an … Continue reading
Australia | Optus cuts 750 jobs
Optus, Australia’s second-biggest telco, said today it will cut 750 jobs over coming months in a major restructure of its business designed to boost profitability. The company said the job retrenchments – amounting to about one in 12 Optus jobs – will come “from senior and middle management as well as operations, back office and … Continue reading
What is happening with the Green Jobs ? | Canada Experience Layoffs in Solar Energy
Citing a shortage of customers for its solar panel products, Siliken Canada has laid off 40 workers from its Windsor manufacturing plant. The move is only the latest blow to the region’s fledgling solar industry. Siliken general manager Paco Caudet said the situation is “no different than in any other manufacturing sector.” “When you have … Continue reading
ADP : Slowdown in U.S. Employment Growth
Recent hiring has slowed down, according to a report released Wednesday on private employment in April. Private-sector employment increased 119,000 on the month, led by the service-providing sector and small and medium businesses, according to payrolls-processor Automatic Data Processing Inc. The April gain is down from monthly employment increases of about 200,000 averaged over the … Continue reading
Nine Countries at or near full employment
Earlier this month, polling agency Gallup released its 2011 global unemployment statistics for 148 countries. Of the nations Gallup surveyed, nine had unemployment rates below 5%. The majority are in Asia, with the remainder in central or eastern Europe. 24/7 Wall St. reviewed these nine countries to determine the underlying causes of their extremely low … Continue reading
Industrial Energy | 200 jobs under threat, briquette maker warns
A LATROBE Valley company owned by brown-coal generator HRL has warned that the carbon tax will force it to close, with the loss of 200 jobs, unless the Gillard government injects enough compensation to keep the company alive. With the government poised to release details of various taxpayer-funded assistance for industry, HRL subsidiary Industrial Energy … Continue reading
Bank of America | More Than 300 Job Cuts
Bank of America Corp. (BAC), the second- largest U.S. lender, plans to cut more than 300 jobs from corporate and investment banking and trading units run by Thomas K. Montag as underperformers are culled from its ranks, according to a person briefed on the matter. The firm will target workers on desks where business has … Continue reading
Hyundai to add 877 jobs at Montgomery
Hyundai Motor Co. plans to hire 877 more workers to add a third shift at its Montgomery, Alabama, assembly plant so it can crank out more Sonata midsize cars and Elantra compacts. The Korean automaker said Monday the hiring will take place during the summer, with the plant transitioning to the third shift in September. … Continue reading
Calgary | A Job Nirvana
Labour supply is the number-two concern of companies surveyed by Calgary Economic Development, says President and CEO Bruce Graham. Their number-one concern is the jittery world economy, but that’s a fret for the global pace of business that drives oil prices, rather than for the local economy. What business leaders most want is help to … Continue reading
LM Wind Cuts 180 Jobs
LM Wind Power Holding A/S, a maker of turbine blades for companies including Vestas Wind Systems A/S (VWS), said profit fell 41 percent last year when it cut 180 jobs making 3 percent of its staff and that it expects demand to weaken. Earnings before interest, taxes, depreciation and amortization fell to 73.9 million euros … Continue reading
Qantas to axe over 1,000 jobs
QANTAS will axe 400 jobs at its Tullamarine heavy maintenance base and 660 workers at Avalon are also at risk. Source: via Qantas to axe 400 Tullamarine workers with another 660 jobs at Avalon in danger | Herald Sun.
Mining in Sudbury | From an employer market to a worker market
Jeff Lafortune teaches in the civil and mining engineering technologist program at College Boreal he graduated from 15 years ago. In that decade and a half, he has seen a tremendous demand build for skilled mining employees. “When I graduated, there was one company in town … and there were 15 of us wanting that … Continue reading
Ireland | Cisco to create 115 jobs
Cisco is to invest €26 million in its research and development centre in Galway, creating 115 jobs. The investment, announced this morning by Taoiseach Enda Kenny, will be made over the next two years and is being supported by IDA Ireland. Mr Kenny described it as “most welcome news” for Ireland and the region. “The … Continue reading
Wall Street To Cut 21,000 Jobs
Wall Street is earning profits at the moment but that doesn’t mean jobs on the famous financial exchanges of New York are safe as Wall Street recruiters announced this week that “job creators” will be slashing 21,000 jobs from the securities divisions alone. Analysts predict that worldwide cuts will be even larger as big banks … Continue reading
Amazon to collect sales tax and create 2,500 jobs
As part of a settlement with the great state of Texas, Bezos’ baby will start collecting the state’s requisite 6.25-percent sales tax on July 1st. The settlement resolves the online retailer’s ongoing dispute with the Lone Star state, which claimed that Amazon owed $269 million in back taxes. In addition to taking up collection, Amazon … Continue reading
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