Job Market Monitor
Layoffs
Australia – Rio close may Gove mine: 1400 jobs lost
Rio Tinto may close its Gove alumina mine in an effort to cut costs globally. The decision follows the miner’s announcement it would slash jobs at the site. At the time Frank Willsdon, Pacific’s general manager, explained that Rio is looking at ways to operate the site with fewer people. “Steadily over time, we [want … Continue reading
UK – Civil service employment down 30,000
The Office for National Statistics said civil service employment has fallen by 34,621 to reach 463,812 in the year to March 31. Over the past two years, more than 60,000 jobs have been cut, the figures show. The number of full-time civil servants fell by just over 34,000 to 354,250 over the period, with the … Continue reading
Europe – Kimberly-Clark to cut 1,500 jobs
US personal-care products giant Kimberly-Clark said Wednesday it was exiting its Huggies diaper business in much of western and central Europe, cutting up to 1,500 jobs. Kimberly-Clark Corporation announced it would close or sell five manufacturing facilities and some production would be transferred to other plants. As part of the restructuring aimed at boosting profitability, … Continue reading
Dow Chemical plans 2,400 job cuts
Dow Chemical on Wednesday reported a sharp drop in third quarter profits, hours after saying it planned to cut five percent of its global workforce, or 2,400 employees, and close 20 plants. The company reported quarterly profits of $497 million compared to $815 million the previous year, a 39-percent drop. Dow said Tuesday it aimed … Continue reading
Poland – Polimex to slash workforce by 1,744
Troubled Polish construction firm Polimex-Mostostal has announced plans to fire 1,744 workers by March 2013. The company, which has found itself in dire financial straits, currently employs nearly 10,000. The builder took heavy losses on infrastructure projects in the wake of the Euro 2012 soccer championships, when it signed unfavorable agreements that didn’t allow it … Continue reading
Sanofi – 900 layoffs but could run higher
Sanofi’s (SASY.PA: Quote) plan to restructure its research operations in France could lead to more job losses than the 900 layoffs mooted by the drugmaker, union representatives said. Unions said the company’s figure underestimated the number of job cuts as Sanofi reshuffles its laboratories into regional research hubs at the expense of smaller centers. “There … Continue reading
Weather Channel – 7 percent of its work force laid off
The Weather Channel laid off some 7 percent of its work force today according to independently confirmed reports (Mediabistro first reported the news). The network is owned, as of 2007, by a consortium composed of Bain Capital, NBCUniversal and the Blackstone Group, and is among the most widely-distributed networks on cable. Since the acquisition by … Continue reading
DuPont – 1,500 jobs cut
DuPont reported a lower-than-expected quarterly profit on Tuesday and announced 1,500 job cuts as part of a cost savings program designed to offset falling sales around the world. Shares of the chemical company fell 6 percent in premarket trading. The move by DuPont, a member of the Dow Jones industrial average and the maker of … Continue reading
Lufthansa : Threat of wage cuts and layoffs
At a press conference in Frankfurt last Thursday the CEO of Lufthansa, Christoph Franz, announced details for the long-planned restructuring of the company. From 2013 onwards Lufthansa will transfer all of its Europe-Germany flights—with the exception of those from Frankfurt and Munich—to the subsidiary company it formed ten years ago, German Wings. German Wings will … Continue reading
Human Genome Sciences – Layoffs to continue
The job cuts continue at Rockville-based Human Genome Sciences as the biotechnology company folds its employees and operations into those of the British drugmaker that bought the firm this summer. The latest round of cuts targets 97 employees who were notified of the decision last week. The firm also warned that additional reductions would be … Continue reading
American Airlines Layoffs – Tulsa families up in the air
After negotiations with the union and early retirement packages, company and union officials said this month that American would lay off 300 mechanics and about 70 fleet service workers in Tulsa by February. The layoffs will be effective in November … American Airlines layoffs leave families up in the air | Tulsa World.
XL Foods – Brooks in crisis mode with 2,200 laid off workers
The mayor of Brooks in southern Alberta says the community is in crisis mode as it prepares for the human cost of troubles at the XL Foods beef plant. Workers at the plant, which is at the centre of a beef recall and E. coli scare, have been laid off again as food safety officials … Continue reading
Manitoba – Motor Coach laying off 190
Bus manufacturer Motor Coach Industries is laying off 190 employees from its Winnipeg plant. A Motor Coach spokesperson confirmed the layoffs to CBC News late Thursday, citing decreasing customer demand. Glenn Tomchak, the local president with the International Association of Machinists and Aerospace Workers, said the company notified workers of the layoffs on Thursday afternoon. … Continue reading
Sony – To trim its global headcount by 10,000 by end-March
Sony Corp said it will cut staff in its headquarters by a fifth and shutter a factory making camera lenses and mobile phones in Japan, providing new details of a previously announced plan to trim its global headcount by 10,000 by end-March. In addition to 1,800 at a chemical business it sold to a state-run … Continue reading
Indiana – Cummins Inc – 126 Layoffs
Cummins Inc. will implement at least 150 layoffs by year’s end in its southern Indiana workforce, the Columbus-based engine maker announced Wednesday. The layoffs will affect workers at the Fuel Systems Plant in Columbus, Columbus MidRange Engine Plant or the Seymour Engine plant, Cummins’ spokesman Jon Mills said… via The Republic – 126 workers also … Continue reading
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