Layoffs

Type: Keyphrase
Name: Layoffs
First reported 5 hours ago - Updated 2 hours ago - 2 reports

Three Ireland announces job cuts

Press Association  –One of the country's leading phone and telecoms operators has announced 160 job cuts on the back of its acquisition of a major rival.Three Ireland is seeking the redundancies after taking over O2 Ireland in a 780 million euro deal ... [Published Yahoo! News UK and Ireland - 5 hours ago]
First reported 4 hours ago - Updated 2 hours ago - 2 reports

Rio Tinto To Cut Jobs At Australian Coal Mine To Reduce Costs In Subdued Coal Pricing Environment

Rio Tinto (NYSE:RIO) has decided to cut up to a hundred jobs from its Kestrel coal mine in Queensland, Australia. [] Rio had only recently announced the opening of the Kestrel mine extension in October last year. []  However, continuing adverse market ... [Published Trefis - 2 hours ago]
First reported 6 hours ago - Updated 5 hours ago - 2 reports

Three acquisition of O2 Ireland to lead to 160 redundancies

Three acquisition of O2 Ireland to lead to 235 redundanciesAround 160 roles are to be made redundant at the combined Three and O2 mobile operator following Three’s acquisition of O2 Ireland from Telefónica for €850m.The job cuts consist of 160 roles including ... [Published Silicon Republic - 5 hours ago]
First reported 20 hours ago - Updated 5 hours ago - 3 reports

Peugeot to cut jobs at its Sochaux plant

Unions stated that the job cuts will take effect on an assembly line producing two Peugeot models and the DS5 upscale sedan, adding that the labor representatives were announced of the job related changes at a works council meeting. The managers at the ... [Published Inautonews - 5 hours ago]
First reported Sep 01 2014 - Updated 7 hours ago - 8 reports

BBC to face strike action in row over job cuts

Staff at the BBC have voted "decisively" to stage strike action in a row over job losses.Members of the National Union of Journalists backed industrial action by almost three to one, with 86 per cent also supporting action short of a strike.The union ... [Published NewsRT.co.uk - 17 hours ago]
First reported 13 hours ago - Updated 8 hours ago - 6 reports

Coles to axe up to 600 jobs

Efficiencies: The 500-600 job cuts are expected to come from areas such as IT, administration and accounts at Coles’ Melbourne head office. Picture: News Corp Australia Source: News Limited ... [Published Weekly Times Now - 8 hours ago]
First reported Sep 01 2014 - Updated 16 hours ago - 2 reports

Casino closings threaten Atlantic City

Three premier Atlantic City casinos will be closing in the next two weeks with the lost of almost 6,000 jobs. Another casino closed earlier this year, making the total job loss close to 8,000 - one quarter of casino employment in the city.Over the last ... [Published American Thinker - Sep 01 2014]
First reported Sep 01 2014 - Updated 18 hours ago - 6 reports

Motel owner praises Middletown firefighters days after layoffs

The general manager of the Super 8 motel has only praise for the quick response of Middletown firefighters.“Crews came through my window and saved my property. They saved the people. If they are not here, the property is burned,” motel owner Dharmesh ... [Published WLWT - 18 hours ago]
First reported Sep 01 2014 - Updated 21 hours ago - 2 reports

How To Communicate Change: 3 Lessons From Microsoft's Recent Layoff

Several weeks ago, Microsoft created quite the media uproar[1]. If the news that 12,500 Microsoft employees worldwide would be losing their jobs wasn’t shocking enough, the way it was handled didn’t help matters. Microsoft’s executive vice president Stephen ... [Published DailyMe.Com - 21 hours ago]
First reported Sep 01 2014 - Updated Sep 01 2014 - 2 reports

MTN to meet trade union over job cuts

MTN South Africa and trade union Solidarity will meet over the company's plans to retrench managerial staff in South Africa. The meeting was expected to take place on 01 September, reports MyBroadband. MTN on 25 August said it had begun a process of ... [Published Telecompaper - Sep 01 2014]
First reported Sep 01 2014 - Updated Sep 01 2014 - 2 reports

Mirc Electronics' subsidiary closes plant

Located at Pawane, Navi MumbaiMirc Electronics announced that the Company's subsidiary "Akasaka Electronics" has given a notice to the authorities for permanent closure of one of its plant situated at C-107, MIDC TTC Industrial Area, Pawane, Navi Mumbai ... [Published Business Standard India - Sep 01 2014]
First reported Aug 31 2014 - Updated Aug 31 2014 - 2 reports

Post office workers to strike over planned layoffs [Globes, Tel Aviv, Israel :: ]

Sept. 01--A severe crisis in the Israel Postal Company is threatening the company's future. Sources inform "Globes" that the company board of directors was summoned this evening to discuss the developments, following the Government Companies Authority's ... [Published BusinessWeek - Aug 31 2014]

Quotes

The statement goes on to say "we are in the process of further reorganizing our support services across all Mercy communities."
"I’m occupying a vantage point that allows me to see what is going on inside the top Fortune 50 companies. I have never seen such rot before. Of the 50, at least 30 have debt at 120% of cash. Most have cut capex, R&D and maintenance by 80%. Most have been borrowing money to do stock buy-backs, while simultaneously selling off business units and doing layoffs."
"Compuware is the clear established leader in the categories of application performance and mainframe productivity tools, and this transaction is the capstone to a series of transformative company initiatives to relentlessly drive value" Compuware CEO Bob Paul said in a statement
"But the nickel price has recovered and that makes any kind of restructuring much harder to achieve. It becomes very difficult to persuade the government and a highly unionised workforce that restructuring is needed when you have cash-positive operations." (Additional reporting by Stephen Eisenhammer in Rio De Janeiro; editing by Jane Baird)

More Content

All (13271) | News (10972) | Reports (2) | Blogs (2250) | Audio/Video (23) | Fact Sheets (3) | Press Releases (11)
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Back from the brink [Published Lawn and Landscape - 23 mins ago]
Reports: $2.5 billion buyout deal would keep Co... [Published Metro Detroit Business - 26 mins ago]
Labor Day: Workers Need Something To Celebrate [Published DailyMe.Com - 29 mins ago]
Softening Ag Econ Impacts Iowa [Published WHO NewsRadio 1040 - 31 mins ago]
Tue: TASE nears record high [Published Globes - 31 mins ago]
Mercy cutting 125 jobs in St. Louis area [Published KMOV.com - 32 mins ago]
Roseville semiconductor maker spins off design ... [Published Sacramento Bee - 36 mins ago]
Three axing 160 jobs but creating 90 in Limerick [Published Limerick's Live95FM - 38 mins ago]
Compuware sold to private equity firm, will tak... [Published Detroit Free Press - 38 mins ago]
The Underbelly Of Corporate America: Insider Se... [Published Zero Hedge - 41 mins ago]
Los Angeles Proposes a Higher Minimum Wage [Published Huffington Post - 46 mins ago]
AGCO cutting jobs at Kansas plant [Published Atlanta Journal And Constitution - 50 mins ago]
Report makes 5 recommendations in wake of July ... [Published Canadian HR Reporter - 50 mins ago]
Minimum Wage Reality: Governor Living On Minimu... [Published Inquisitr - 52 mins ago]
Detroit-based Compuware agrees to $2.5 billion ... [Published Metro Detroit Business - 1 hour ago]
Trimming the excess [Published Korea Joongang Daily - 1 hour ago]
Vale, Glencore break off talks over Canada nick... [Published London South East - 1 hour ago]
Exelixis reports Phase III trial results of pro... [Published Pharmaceutical Business Review - 1 hour ago]
ESCO plant laying off 33 workers [Published Carillon - 1 hour ago]
Don’t be fooled—this short week means lots of i... [Published Yahoo! Finance - 1 hour ago]
Angelo Mozilo Interview; NMLS & UST News; Lots ... [Published MortgageNewsDaily - 1 hour ago]
Parcels now bigger business than letters for Ne... [Published Post & Parcel - 1 hour ago]
Co-op Legal's 2015 profit pledge [Published Law Society Gazette - 1 hour ago]
Method for acquiring a 3D image dataset associa... [Published Free Patents Online - 1 hour ago]
The Next Chapter for Malaysia Airlines Starts Now [Published Jaunted - 1 hour ago]
Minimum wage debate heats up ahead of election [Published Badger Herald - 1 hour ago]
Increased Investment Needed to Produce 1.1 Mill... [Published Indianapolis Business Journal - 1 hour ago]
Increased Investment Needed to Produce 1.1 Mill... [Published Stock Nod - 1 hour ago]
One Call Care laying off 99 in Tampa [Published Tampa Bay Times - 1 hour ago]
The Underbelly Of Corporate America: Insider Se... [Published Zero Hedge - 1 hour ago]
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Blogs

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The Underbelly Of Corporate America: Insider Se... [Published Zero Hedge - 1 hour ago]
Submitted by Charles Hugh-Smith of OfTwoMinds blog, The hollowing out of corporate strengths to enable short-term profiteering by the handful at the top leads to systemic fragility. Anonymous comments on message boards must be taken with a grain ...
Job cuts at tabloid Expressen [Published Radio Sweden - 2 hours ago]
70 jobs will have to go at the tabloid newspaper Expressen, the employees were informed on Tuesday. According to the journalist union at the paper, most of them are reporter jobs, but as there are several vacancies it is still uncertain as to how many ...
Frontrunning: September 2 [Published Zero Hedge - 5 hours ago]
Ukraine Shifts to Defense Against Russian Incursion ( WSJ ) U.S. forces carry out operation against al-Shabaab in Somalia ( Reuters ) Bond Markets Tilt Toward Frankfurt as Draghi Negates Fed ( BBG ) Another "unexpectedly" - Swiss Economy Unexpectedly ...
Exelixis Against the Wall [Published In the Pipeline - 5 hours ago]
Exelixis is a company with a very interesting history , but that's in the sense of "much rather read about it than experience it", like the interesting parts in a history book. At one point they had a really outsized pipeline of kinase inhibitors, to ...
Layoffs of Over 20 Hit Nasty Gal [Published Women's Wear Daily - 12 hours ago]
The e-tailer, gearing up for its first flagship, opening in December, was reported to have sales nearing $130 million last year. Continue reading... Follow WWD on Twitter or become a fan on Facebook . ...
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Audio/Video

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Layoffs Hit Cisco Systems [Published Wall Street Journal Tech News Briefing - Aug 14 2014]
Job Cuts Are Coming At Cisco Systems [Published Wall Street Journal What's News - Aug 14 2014]
Dow Plunges To Its Worst Drop Since February [Published Wall Street Journal What's News - Jul 31 2014]
T-Mobile Has Another Suitor [Published Wall Street Journal What's News - Jul 31 2014]
GM's Victims' Fund Takes Applications Friday [Published Wall Street Journal What's News - Jul 31 2014]
1 2 3 4 5

Press Releases

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Innofactor starts personnel negotiations in Fin... [Published GlobeNewswire: Acquisitions News - 11 hours ago]
Deere announces Waterloo layoffs [Published Financial Services - Aug 22 2014]
Exide Technologies Issues Layoff Notices to Emp... [Published GlobeNewswire: Acquisitions News - Aug 14 2014]
Key Technology Announces Cost Reduction Initiat... [Published GlobeNewswire: Acquisitions News - Jun 26 2014]
Husqvarna Group launches new brand driven organ... [Published GlobeNewswire: Advertising News - Jun 13 2014]
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