Job Market Monitor
Layoffs
Austria / Nearly 3,500 jobs at risk at drug store chain Dayli
Austrian drug store chain Dayli filed for court-supervised restructuring on Thursday saying nearly 3,500 jobs were at risk Continue reading
SMA Solar Technology AG / To layoff 800
SMA Solar Technology AG (SMA) announced a gradual downsizing of 700 full-time positions in Germany Continue reading
Allstate / To Cut 379 Jobs and Close Call Center
Allstate Corp. (ALL), the largest publicly traded U.S. home and auto insurer, said it will cut about 379 employees next month, or about 1 percent of its workforce, by closing a call center in Woodridge, Illinois Continue reading
Indiana / St. Vincent Health laying off 865
Indiana – St. Vincent, a Roman Catholic provider and part of St. Louis-based Ascension Health Alliance, announced it would cut 865 jobs Continue reading
Ulster Bank / To cut up to 1,800 jobs
Royal Bank of Scotland’s troubled Ulster Bank arm announced up to another 1,800 job cuts and around 40 branch closures under plans to return it to profit within the next three years Continue reading
UK / Financial services shed 10,000 jobs in three months
The financial services sector is thought to have shed 10,000 jobs in the three months to June despite strong growth in business volumes, the CBI employers’ group and PwC have reported. The industry expects to create 1,000 jobs in the next quarter, according to the latest survey of 94 companies by the CBI and PwC, … Continue reading
US Medical Device / Widespread Layoffs Leave Med Tech Shaky
Sizable layoffs this year from the likes of Medtronic, Boston Scientific, and Abbott Vascular, among others, have undeniably rattled the medical device industry Continue reading
EU Staff / 2,500 jobs to go in austerity deal
Two thousand five hundred EU officials are set to lose their jobs in the next four years as part of new austerity measures for EU institutions Continue reading
Siemens / To cut 1,700 jobs
Siemens is expected to cut around 1,700 jobs in the restructuring of its energy business Continue reading
Canadian Immigrants / From dream to mirage
People who have lived in this country for half of their lives — and are assumed by policy-makers to be fully integrated immigrants — are “worse than when they came” if they lose their job. That is why Ng called the report Immigrant All Over Again Continue reading
Australia / About 7000 mining jobs gone
ABOUT 7000 jobs have been lost from Queensland’s coal sector in the past 15 months, according to the industry Continue reading
UK / Barclays To Offshore 4,000 Jobs
Barclays Plc is planning to move 4,000 jobs to low cost locations overseas by 2015 to cut costs Continue reading
Australia / WesTrac cuts 350 jobs
HEAVY machinery dealer WesTrac is cutting 350 jobs as part of a restructure in response to weaker demand from the resources industry Continue reading
Arkansas / Nordex wind turbine plant to stop production and lay off
A $40 million wind turbine factory in northeast Arkansas that opened in 2010 with plans to employ more than 700 people announced Friday it would end production and lay off 40 workers Continue reading
Renesas / 1,000 jobs cut in Europe
Renesas Electronics will shed more than a thousand jobs in Europe, including its whole workforce of more than 800 in Finland Continue reading
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