Strike begins at Scottish newspaper

As reported here a strike has begung at the Daily Record and Sunday Mail newspaper offices HQ in Glasgow, Scotland. It follows a strike ballot that was held by the National Union of Journalists, where the 276...

Journalists agree to strike/work-to-rule at Scottish Newspaper

Journalists at one of Scotland's biggest newspapers are to strike because of restructuring and job cuts. The newspapers, the Daily Record and Sunday Mail, owned by Trinity Mirror will strike for 2 days. It follows...

Economy’s turnaround: (part 2)

In the previous part the economy is viewed from the Macro perspective, while in this part the Business economic point of view is applied. Macro deals with the overall approach, while Business with the industrial...

Victoria’s Secret Cuts 400 Jobs

Limited Brands, the company that owns Victoria's Secret, Bath & Body Works and Henri Bendel has cut 400 jobs after a Q1 loss.  Pay increases are also suspended. Q4 revenue dropped 8.7% to $2.99 billion....

Pioneer slashes 10 000 jobs as it exits TV business

Citing dismal prospects, Japanese gadget maker Pioneer has announced it is officially leaving the television business and, as a result, will be laying off 10 000 workers. " The Japanese manufacturer announced...

Hudson's Bay Company Cuts 1,000 Canadian Jobs

HBC will eliminate 1,000 Canadian jobs, or about 5% of its workforce, in an effort to restructure and survive the dour retail market which has affected retailers around the world.  Major store closures and...

Macy’s Consolidation Results in Layoffs of 7,000

A press release from Macy's today outlined a consolidation plan which call for 7,000 employee layoffs.  About 40% of this figure represents an the elimination of executive positions, with the remainder of the...

Radio France Internationale protests job cuts

Staff from Radio France Internationale went on strike on Thursday to protest the French government's decision to cut more than 200 jobs or 25% of the workforce. RFI's language services will suffer, with six...

Adams Closes 111 Stores, 850 Jobs Lost

Last week the Adams childrenswear company announced it was going into administration, and at the time the fate of its 260 stores and staff of about 2,000 was unknown. Today, Adams announced the closure of 111...

Current TV, Wired, and Six Apart Slash Jobs

Although mainstream media across America are feeling the negative force of the current financial crisis -- note Conde Nast's employee and publication hachet job last week -- so too are their counterparts in the...

As ad spending falls, agencies trim jobs - 145 employees of BBDO Detroit lose...

The dream merchants too are feeling the heat of global economic downturn, as consumers go into a save for the troubles ahead mode and trim their expenses, a direct impact is seen on advertising expenditure and cutting flab in advertising agencies. "NEW YORK: Madison Avenue is...

Ohio’s Strickland, Obama Track Trail of GM Jobs Cuts, Production Reduction ...

Ohio’s Economy, Heavily Invested in Auto Jobs, Will Suffer Further from GM Woes OhioNewsBureau By John Michael Spinelli COLUMBUS, OHIO: When President George Bush Tuesday said at a White House news...

Miami Herald to fire 250 employees

Caracas, Venezuela, 16 June 2008. Miami Herald newspaper  is going to make 250 of its full time employees redundant. For Miami Herald President, David Landsberg, this 17% reduction of its workforce...

Last Wagner Premier for the ‘Bayreuth of the North’?

On Saturday 26th April more than 800 opera lovers arrived at the Anhaltisches Theatre, Dessau for the premier of Wagner's "Parcifal"; a new production by the Anhaltisches Theatre. Dessau draws crowds not just...

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