Job Market Monitor
Layoffs
UK – Comet – 6,000 layoffs ?
More than 6,000 jobs are at risk as the troubled high-street electricals chain Comet teeters on the edge of administration. Comet, the UK’s second largest electrical specialist after Dixons, has struggled to make headway as supermarkets and online retailers such as Amazon targeted the cut-throatmarket, and could go into administration as soon as Thursday. It … Continue reading
Canada – National Research Council layoffs the “tip of the iceberg”
Nearly 100 of Canada’s top researchers and scientists are facing layoffs in what the NDP science and technology critic says is just the “tip of the iceberg” in what appears to be the Conservative government’s plan to slash funding for basic research and focus instead on research that’s industry-driven. “There’s a much larger game afoot … Continue reading
California – Burbank – More Than 175 Layoffs to hit local entertainment industry
More than 175 employees at entertainment-related companies in Burbank likely will be laid off starting in December, many as a result of outsourcing custodial services, studio representatives said. Sixty-seven workers at Walt Disney Studios — mostly janitors, along with a few floor waxers — were given notices that will go into effect by Dec. 1, … Continue reading
Spain Airports – 1,600 layoffs
Spain’s public airport operator AENA said Wednesday it had agreed to make 1,600 voluntary redundancies, which could see more than one in 10 of its staff cut by the end of the year. The authority said in a statement it had agreed with unions to offer redundancy packages for up to 1,600 of its 15,000 … Continue reading
New England – GT Advanced Technologies – Layoffs for 25 percent of its staff
GT Advanced Technologies Inc. (GTAT) stock nose dived Wednesday after the Nashua, N.H.-based supplier of manufacturing equipment for solar and energy products said it would cut 25 percent of its staff. As of June the company had approximately 600 employees in Salem, Mass., New Hampshire, and Asia. News of the cuts – 40 of which … Continue reading
Gaming – Layoffs everywhere
It’s been a week of bad news in the gaming world, so lets get through this together. Zynga laid off 5% of their staff this week in an attempt to shore up their bottom line. They closed a Boston office, reduced staff in Austin and have proposed shutting down shops in the UK and Japan. … Continue reading
Canada – Via Rail – CAW Questions Lay-offs and Cutbacks
CAW opened negotiations with VIA Rail this afternoon in Montreal, raising concerns about recent lay-offs and route cuts. “VIA Rail has suffered a number of very serious funding cuts from the federal government over the last few years, a situation that’s getting worse, not better,” said CAW President Ken Lewenza. He said that VIA Rail … Continue reading
South Africa – Lonmin job cuts could bring more unrest
Lonmin management and workers appeared on Wednesday to be shaping up for a new battle after the strike-hit mining company said jobs would be cut. The world’s third largest platinum producer, Lonmin is scrambling to get back on its feet after a violent six-week strike at its Marikana mine that crippled production and led it … Continue reading
England – Arts Council jobs cut
The reduction in staff from around 559 jobs to 442 will be accompanied by closures of offices and mergers of regions, as part of a strategy which the organisation’s chief executive, Alan Davey, said would result in ACE doing less but doing that … . Arts Council England jobs to be cut . http://www.guardian.co.uk/culture/2012/oct/30/arts-council-england-jobs-cut
Obama – Layoff Bomb ?
In June, a diffident and self-deluded President Obama claimed that “the private sector is doing fine.” Last week, the private sector responded: Speak for yourself, buster. Who needs an “October Surprise” when the business headlines are broadcasting the imminent layoff bomb in neon lights? The Bureau of Labor Statistics reported last Tuesday that employers issued … Continue reading
Calgary – TransAlta to cut 165 jobs in next six months
Power producer TransAlta Corp. (TSX:TA) says it is cutting 165 jobs over the next six months as part of its plan to accelerate growth. A majority of the cuts will come from its Calgary office. The Calgary-based company said the move will strengthen the company’s competitive position. “We extend our gratitude to our departing colleagues … Continue reading
Canada – Pfizer to cut 300 jobs
Pfizer Inc. is laying off 300 professionals or 11 per cent of its Canadian workforce as the drug multinational reduces its costs to soothe the revenue erosion from … . Pfizer to cut 300 Canadian jobs . http://m.theglobeandmail.com/report-on-business/pfizer-to-cut-300-canadian-jobs/article4711980/?service=mobile
Switzerland – Lonza to Cut Jobs
Lonza Group AG (LONN) said it plans to cut 500 jobs, including 400 at a Swiss site that manufactures chemical intermediates and active pharmaceutical ingredients. Most of the job losses will come from internal transfers, natural attrition, early retirements and by not extending temporary contracts, the Swiss supplier to the pharmaceutical industry said today in … Continue reading
Panasonic – $9.6-billion loss and cutting jobs
Panasonic May Cut More Jobs as TV Maker Sees $9.6 Billion Loss Panasonic Corp. (MAT1), Japan’s third- biggest employer, eliminated almost 39,000 jobs in the past year, and its chief financial officer said the TV maker doesn’t plan another round of cuts. Investors say it has to. Even after reducing its workforce by about 11 … Continue reading
France – Industry Bleeds Jobs
Renault SA (RNO) says if President Francois Hollande wants more cars built in France, he needs to tackle the country’s high labor costs and rigid work rules. France’s second-largest carmaker, which is based near Paris and 15 percent owned by the government, built fewer than a quarter of the 2.83 million cars that rolled off … 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 