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 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...
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...
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...
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....
created by Terri Potratz | 41 wks ago | updated 41 wks ago 1144 views | 14 recommendations | 6 comments
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...
created by Tina Kells | 42 wks ago | updated 42 wks ago 321 views | 2 recommendations | 0 comments
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...
created by TDH | 43 wks ago | updated 39 wks ago 511 views | 1 recommendation | 3 comments
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...
created by Tina Kells | 44 wks ago | updated 44 wks ago 219 views | 0 recommendations | 0 comments
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...
created by Tina Kells | 44 wks ago | updated 44 wks ago 660 views | 8 recommendations | 1 comment
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...
created by Tina Kells | 44 wks ago | updated 44 wks ago 74 views | 0 recommendations | 0 comments
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...
created by Terri Potratz | 44 wks ago | updated 43 wks ago 698 views | 19 recommendations | 6 comments
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...
created by Terri Potratz | 45 wks ago | updated 44 wks ago 1464 views | 16 recommendations | 8 comments
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 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...
created by Tina Kells | 47 wks ago | updated 47 wks ago 839 views | 3 recommendations | 0 comments
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...
created by Tina Kells | 48 wks ago | updated 39 wks ago 47024 views | 51 recommendations | 44 comments