Job Market Monitor
Job cuts
Sweden / Vattenfall to cut 2,500 jobs
Swedish power company Vattenfall has announced it will slash thousands of jobs by 2015, with Germany to be most affected by the cuts. The utility firm said it had to face up to low electricity prices and overcapacities. Swedish utility company Vattenfall on Wednesday said it would have to lay off 2,500 employees by the … Continue reading
Canadian Pacific / Ahead of Schedule on Job-Cut Plan
Canadian Pacific Railway Ltd. (CP), the least efficient North American large railroad, is ahead of its plan to eliminate more than one-fifth of its workforce, Chief Executive Officer Hunter Harrison said. The company already has cut more than 3,000 jobs, Harrison said today at a JPMorgan Chase & Co. transportation conference in New York. He … Continue reading
T-Mobile / Big layoffs to come at headquarters
A significant round of layoffs is happening at the Bellevue headquarters of T-Mobile USA just ahead of its merger with MetroPCS, according to people inside the company. Employees are expecting the cuts, which may affect more than 100 people in marketing and other groups, to happen Thursday, when conference rooms at the company are reserved … Continue reading
Telefonica Brasil / To cut 1,000 jobs
Telefonica Brasil SA has opened a voluntary buyout program to cut 1,000 jobs, a union said on Wednesday, as the Brazilian phone company works to keep down costs and overhaul its flagging fixed-line operations. The Brazilian unit of Spain’s Telefonica said it was carrying out an “administrative reorganization to maintain competitiveness,” according to a press … Continue reading
UK / Thomas Cook to cut 2,500 jobs
Travel firm Thomas Cook said it would cut 2,500 jobs from its U.K. workforce and close 195 stores in Britain as part of its plans to restructure the business. The 172-year-old group has struggled over the last two years with a slump in sales leading to a string of profit warnings, forcing it to renegotiate … Continue reading
US / General Dynamics: 1,400 layoffs
General Dynamics (GD.N) NASSCO, a primary constructor of ships for the U.S. Navy, warned about 1,040 employees on Monday of indefinite layoffs that may come in late April due to uncertainty created by the automatic U.S. budget cuts that took effect last week. Chosen excerpts by Job Market Monitor via General Dynamics unit, others issue … Continue reading
Toronto Star / To cut 55 jobs for the moment
Economic pressures have prompted the Toronto Star to plan staff cuts of up to five per cent and consider outsourcing the bulk of its page production work, the company announced Monday. Spokesman Bob Hepburn said the country’s largest daily newspaper is currently in discussions to transfer most of its print page design operations to Pagemasters … Continue reading
HP’s restructuring / 15K layoffs to go
Hewlett-Packard (HP) CEO Meg Whitman said this week that the company has reached the halfway point in its restructuring, with 15,000 employees left to cut to meet its layoff target. HP last May announced plans to reduce its workforce by some 27,000 people out of a staff of 350,000. The company is using layoffs and … Continue reading
Logitech / Layoffs announced
In January Logitech CEO Bracken Darrell announced plans to take “decisive action,” including selling its Harmony remote division, to turn the company’s fortunes around — and today we’re seeing the first results of that. Logitech will lay off 140 people, or about 5 percent of its non-direct workforce, as part of an organizational shuffle aimed … Continue reading
Belgium / Caterpillar plans to cut 1,400 jobs
Caterpillar Inc (CAT.N), the world’s largest maker of construction equipment, plans to cut 1,400 jobs at a plant near Charleroi in Belgium due to high costs and the weak European economy, the group’s Belgian unit said on Thursday. The cuts will come at the Gosselies site just outside of Charleroi, one of the largest Caterpillar … Continue reading
Toronto / More than 200 high school teachers face layoffs
Hundreds of high school teachers could be laid off as the Toronto public board grapples with a $55-million deficit, according to a staffing report that also recommends cuts to secretaries and vice-principals. Last year, the Toronto District School Board axed 200 secondary teaching positions because of a drop in enrollment, and this year is recommending … Continue reading
UK / NHS nursing posts / 12,000 to go says Labour
Thousands of NHS nursing posts could be lost in the next two years, the shadow Health Secretary has warned. Labour’s Andy Burnham said the health service would lose 12,000 nurses while the Coalition was in power if the current rate of loss continued. Mr Burnham said there was new evidence that NHS trusts were meeting … Continue reading
JPMorgan / 4,000 jobs to be cut
JPMorgan is trimming about 4,000 jobs, or about 1.5 percent of its work force, becoming the latest big bank to shrink its staff. The bank said the cuts will be focused in consumer banking and mortgages. Many of the cuts would come through attrition, but the bank will lay off workers as well, a bank … Continue reading
Spain / Caixabank to cut about 3,000 jobs
CAIXABANK, Spain’s biggest bank as measured by assets under management, plans to slash around 3,000 jobs as part of a restructuring. The Barcelona-based bank said the restructuring was needed following the purchase of smaller rivals Banca Civica and Banco de Valencia, which has caused its staffing levels to soar. “The implementation of this restructuring will … Continue reading
Ohio / Appliance Industry / 400 lose jobs
400 people at one of Painesville’s largest employers were notified of layoffs Friday. Core Systems, LLC is shutting down productions after 50 years in the manufacturing industry. The company makes custom molded parts in the appliance industry for clients including GE, Whirlpool, Bosch and Electrolux. Core Systems President Bill Loebbaka says the lender gave the order to … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 