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...

More Layoffs for UBS, 5,000 Jobs to be Cut by Spring

UBS is planning another round of layoffs to happen over the next few weeks according to a Reuters report, Monday.  5,000 jobs will be cut, mostly in management positions.  UBS has not confirmed the layoff plans. " It said up to 2,500 management positions could go in...

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....

Dow Corning to Layoff 800 Workers in 2009

Dow Corning announced today that it would layoff 800 workers in an 8% downsizing effort.  The eliminated jobs will impact US employees and will happen throughout 2009. "Dow Corning announced today it will eliminate 800 jobs, or about 8% of its 10,000-member global work...

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...

South African Mining Company Anglo Platinum to Cut 10,000 Jobs

South African platinum mining company Anglo Platinum announced that it will cut 10,000 jobs in 2009 as part of economy driven downsizing.  Citing stagnant demand and dropping platinum prices Anglo Platinum, the world's largest platinum producer, reported a 5% drop in...

Canadian Unemployment Could Reach 9% by Middle of 2009

Canadian financial analysts are predicting more layoffs over the next few months after record job losses were reported in January 2009.  Canada lost 129,000 jobs in January; 71,000, or 55% of those job cuts were...

More Job Cuts Loom Ahead of US Labour Department Payroll Report

Job losses in the United States during 2008 reached a 64 year high topping 2.6 million, with the majority of those losses coming at the end of the year.  The job losses in 2009 are not fairing much better...

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...

Bell Canada Offers Early Retirement Packages to 1,500 Workers

Bell Canada announced today that it would be offering 1,500 employees early retirement buy out packages in an attempt to reduce payroll costs and avoid layoffs.  The 1,500 employees are all members of the...

Layoffs List: Job Losses in 2008 and 2009 (Ongoing)

Last updated: March 16, 2009See 2008 LayoffsSee 2009 Layoffs 2008 was the worst year for layoffs and job losses in the United States since World War II and 2009 is expected to be even more devastating.  A report...

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