Job Market Monitor
Closure
Target Canada – Closing 133 stores that employ 17,600 people
Target Canada is closing up shop. Target said Thursday that it will begin winding down its Canadian operations, which include 133 stores that employ 17,600 people. The Minneapolis-based company said it reviewed its Canadian subsidiary’s performance and concluded that it would not be profitable until 2021. “This was a very difficult decision, but it was … Continue reading
Rona / Closing 11 stores and cutting 125 jobs
Rona will try to rebuild its profitability by closing 11 stores in two provinces and cutting more administrative jobs Continue reading
Quebec / Two Best Buy outlets close
Some Best Buy outlets have shut their doors in the last several hours. The electronics chain appears to have closed at least two outlets in Quebec, in Sherbrooke and in Montreal-area Lachenaie. And there are reports that more than a dozen Best Buy big box outlets will close across Canada. The windows at the Sherbrooke … Continue reading
Digital Domain layoffs 280 of its 300 employees
Tuesday, Digital Domain Media Group filed for Chapter 11 bankruptcy. This comes just three days after it laid off 280 of its 300 employees at its animation studio in Port St. Lucie. That allows the company to continue to operate while it sets up a plan to pay back its creditors… via Digital Domain layoffs: … Continue reading
OnLive – Massive layoffs
There have been tons of speculation within the gaming industry today on whether or not one of the pioneers of cloud gaming, OnLive, is shutting down. A writer from Mashable claims they were contacted by a former OnLive employee who says that he and many others have recently been let go by the company and … 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
Qantas – 164 jobs cut with engine plant closing
Qantas and its airline partner Lufthansa have confirmed that the decision to close their engine plant at Tullamarine will mean the loss of 164 airline maintenance jobs. The union which covers many of the employees, the Australian Workers Union, says it hopes it can save the plant along with the jobs. The Qantas engines which … Continue reading
Schott Solar – Layoffs as Albuquerque plant closes down
via Schott Solar announces layoffs – YouTube.
Renewable Energy Corp Closes Norway Solar Wafer Plant and Eliminates 460 Jobs
Renewable Energy Corp ASA (REC), Europe’s second-largest polysilicon producer, is closing its second wafer factory in five weeks after competition from Chinese rivals drove down prices by more than two-thirds for the material used in solar panels. REC will cease production at the plant in Heroya, Norway, in the second quarter, eliminating 460 jobs, REC … Continue reading
Merck pharma closes Swiss HQ- 580 jobs
The job losses at biotech firm Merck Serono were part of a wider restructuring plan “to create a leaner, more agile organisation,” the company said in a statement. “The planned measures for Merck Serono’s operations in Switzerland are needed to ensure our global competitive position in a rapidly changing market and to secure the long-term … Continue reading
Dairy Crest | 500 jobs at risk
Dairy Crest announced plans to shut a glass bottling dairy at Aintree, where 220 people work, and a site at Fenstanton in Cambridgeshire employing 250 people. The company also said its contract to supply milk to Tesco would not be renewed when it comes to an end in July. Dairy Crest sells around 3% of … Continue reading
Comet confirms Hull call centre closure and layoffs
Hundreds of jobs are to be lost in Hull after electrical retailer Comet announced it was closing a call centre in the city. Comet said last year it would close a site in Hull or Clevedon, near Bristol, as part of a restructuring programme. It has now confirmed it is closing the centre in George … Continue reading
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