Layoffs

This tag is associated with 1150 posts

Denmark – Government cuts nearly 1,000 workers

Not since 1920 have so many state employees been fired Finance minister Bjarne Corydon (Socialdemokraterne) says the pain is not over (Photo:Scanpix) At a time when the prime minister, Helle Thorning-Schmidt (Socialdemokraterne), has said that stemming the rising tide of unemployment is at the top of her agenda, her government has now fired more state … Continue reading

G4S axes 1,100 jobs

Security firm G4S has unveiled plans to axe 1,100 jobs as the company restructures following the failure of its Olympics contract. The company said that cutting the posts – mostly in continental Europe – would save £30 million a year. Chief executive Nick Buckles said: “We were deeply disappointed that we had significant issues with … Continue reading

Lexmark – 1,700 jobs cut

Lexmark is cutting 1,700 jobs, or almost 13 per cent of its workforce, and says it will stop making inkjet printers as part of a drive to cut costs as it deals with shrinking sales of inkjets. The printer and software company said Tuesday that it will close its inkjet supply plant in the Philippines … Continue reading

Sony Mobile – 1,000 jobs cut

Sony Mobile is cutting 1,000 jobs from its phone division after posting record losses this financial year. The embattled Japanese company posted record losses of US$5.6bn in March this year, with two-thirds of the jobs cut to fall on its Sony Mobile division in Lund, Sweden. The loss-making electronics firm reveals the job losses are … Continue reading

KPMG – More Than 300 Layoffs Projected

Uncertainty over the Eurozone debt crisis and stagnant growth in economies all over the world has forced businesses to cut back on growth expectations. These concerns have forced the firm to consider cutting employees from its UK offices. KPMG has not announced any layoffs in over 10 years. The firms were an unexpected announcement and … Continue reading

Apple – Angry employees

Apple UK, US, and Canada have all reported huge layoff numbers across Apple retail store outlets. Recent training groups all within their probationary period have been given the pink slip. We even hear recently promoted Apple employees being demoted back down to their original positions, all while part-time employees disappointingly discover zero hours per week … Continue reading

Taiwan – Mass layoffs reach highest in 4 years

Fifty Taipei companies had announced mass layoffs by mid-August this year, the highest in four years, reported the city’s Labor Department yesterday. According to the agency, “mass layoff” is defined by law as the letting-go of 20 workers in a single day or a third of a workforce within 60 days by a company with … Continue reading

Romney in Tampa – Factory workers prepare to confront over Bain layoffs

Illinois car-part plant employees head to Tampa to protest outsourcing of jobs to China by parent company Bain Capital To the four people sitting in church at a Tampa suburb, coming to the Republican national convention to protest Mitt Romney felt deeply personal, not just political. For all of them are workers at an Illinois … Continue reading

US – 6.1 million workers were displaced from jobs they had held for at least 3 years

From January 2009 through December 2011, 6.1 million workers were displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics reported today. Highlights from the January 2012 survey: –In January 2012, 56 percent of the 6.1 million long-tenured displaced workers were reemployed, up from 49 percent for the prior survey in January … Continue reading

Apple Stores Hiring Again – Six Tips

if you’ve ever been interested in a career in Apple retail, now is the time. With the iPhone 5 on the horizon, Apple will be looking to hire across the board within each store. If you’re looking for a job, be sure to rush to Apple’s site and apply. Apple’s hiring practice is a bit … Continue reading

OnLive – Massive layoffs

There have been tons of speculation within the gaming industry today on whether or not one of the pioneers of cloud gaming, OnLive, is shutting down. A writer from  Mashable claims they were contacted by a former OnLive employee who says that he and many others have recently been let go by the company and … Continue reading

China – Motorola employees protest layoffs

More than 100 employees of the Beijing branch of Motorola Mobility demonstrated in front of the company’s building on Friday, protesting massive staff cuts. Staff members of Motorola Mobility Holdings Inc in Beijing protest in front of the company’s office building on Friday demanding “consultation on an equal footing”. [Provided to China Daily] On Monday, … Continue reading

US – Teacher Layoffs – A White House Report

The White House has released a new report that finds that the loss of teachers and other education staff is forcing communities into difficult choices that harm our children’s education and future, including increasing class sizes and shortening school years and days.  The report shows that more than 300,000 local education jobs have been lost … Continue reading

Sharp – Thousands more layoffs

Sharp Electronics may cut thousands more jobs even after it executes its present plan to cut five thousand jobs. Sharp hopes the cuts will improve its balance sheet. Sharp is even considering the sale of it its building in Tokyo and land owned in western Japan. A report in the Mainichi Shimbun claims that the … Continue reading

U.S. Currency – The paper company used to make the paper since 1879 plans layoffs

The western Massachusetts company that has provided the paper used to make U.S. currency since 1879 has announced plans to lay off 55 workers. Dalton-based Crane & Co. says the job eliminations announced Wednesday are part of a consolidation plan to rejuvenate the 211-year-old paper company’s stationery business. The Berkshire Eagle reports that layoffs will … Continue reading

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