Job Market Monitor
Job cuts
More clean cars means more jobs
Everybody’s worried about the high unemployment rate, and they should be. But fuel-efficient cars, hybrids and electrics are putting Americans to work big time. Clean cars create jobs. The Big Three automakers, addicted to the profits they made off big SUVs, saw economic ruin in subcompacts, hybrids and — heaven forbid — battery electrics. But … Continue reading
Google – 4,000 Jobs Cut at Motorola Mobility
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
Brazil – GM postpones layoffs decision until Nov
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
South Korea – Layoffs across brokerage houses
South Korean brokerage houses are slashing workforces as Europe’s debt crisis and the global economic slowdown bite into their profitability and their trading activities, sources said Monday. The total number of employees at 63 local brokerage firms reached 42,388 at end-March this year, down 0.7 percent from three months earlier, according to the data from … Continue reading
Unilever – Owensboro – 140 jobs affected by sale
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
South Africa – Gold Fields – Formal talks with union on layoffs
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
Tampa International Airport – Layoffs coming for 474 at PEMCO World Air Services
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
Little Rock – LM Windpower to lay off 234 workers
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
Science Applications – 200 possible layoffs at MacDill Air Force Base
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
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
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