Job Market Monitor
Plant closure
Nuclear / Duke Energy is cutting 585 jobs at Crystal River
Duke Energy issued a notice to the state this week that it intends to transfer or lay off 585 employees at the shuttered Crystal River nuclear plant over the next year or so. The utility expects to begin layoffs May 31. As many as 58 workers face termination by June 30. Duke announced in February … Continue reading
France / A law against industrial closures
The bill being presented is the fruit of repeated promises to pass a law to bar firms from shutting factories, as a stream of industrial layoffs has pushed jobless claims to an all-time high. Companies that shut down viable industrial sites in France rather than selling them could be fined if draft legislation by lawmakers … Continue reading
Italy – Alcoa workers stage protest to slow down plant closure
Two trade union leaders braved wind and rain atop a 60-meter high tower at Alcoa’s smelter in Sardinia in a protest aimed at slowing down the U.S. aluminum producer’s closure of the troubled plant. http://www.reuters.com/article/2012/09/13/us-alcoa-italy-idUSBRE88C0XM20120913
Briggs & Stratton | 460 jobs cut
Briggs & Stratton Corp. said Thursday that it plans to cut about 460 jobs and stop selling gardening products through big retailers as demand for its goods shrinks. The company, which is based in Milwaukee, is shifting some manufacturing work from an Alabama plant to another plant it has in China, or to contractors elsewhere … Continue reading
Dow shutters plants on 3 continents, cuts 900 jobs, in response to economic woes in Europe | CanadianBusiness.com
Dow Chemical will cut 900 jobs and shutter plants on three continents because of weakness in Europe, which may soon tip back into recession of it has not done so already. Dow was ravaged during the global and economic crisis that struck four years ago, cutting more than 10,000 positions then. CEO Andrew Liveris has … Continue reading
UK and Europe Very Likely to See Oil Refineries Shut Down | Electric.co.uk News
According to new reports, it is very likely that oil refineries across Europe (including the UK) are likely to be shut down. This news came by way of a warning from the boss of Essar Energy. In fact, this India based company said that larger refineries such as its Stanlow facility in Cheshire will survive … Continue reading
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