Mass Layoffs

Type: Keyphrase
Name: Mass Layoffs
First reported 19 hours ago - Updated 34 mins ago - 8 reports

Hundreds of Chinese employees at Microsoft’s Nokia phone business protest mass layoffs

Hundreds of Chinese employees at Microsoft's Nokia phone business protested today against mass layoffs that the US tech company announced last month, Reuters reported citing an employee and pictures posted on social media networks.The employees held banners ... [Published domain-b - 7 hours ago]
First reported 16 hours ago - Updated 16 hours ago - 1 reports

35 big U.S. companies still cutting jobs

PALO ALTO, CA - MAY 23: Pedestrians walk by a sign outside of the Hewlett-Packard headquarters on May 23, 2014 in Palo Alto, California. HP announced on Thursday that it plans to lay off an additional 11,000 to 16,000 employees over its previously scheduled ... [Published News Leader - 16 hours ago]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

How Mass Layoffs in 2013 Changed the Lives of Former Plain Dealer Staffers

by: Andrew Beaujon, Kristen Hare, Sam Kirkland and Benjamin Mullin | PoynterOn July 31, 2013, after the layoff calls came, some of the current and now-former staff of The Plain Dealer got together for drinks at Market Garden Brewery in Cleveland. Newsrooms ... [Published Editor & Publisher - Jul 31 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 2 reports

Mass Layoffs In The Tech Industry Are Up 68%

Jobs cuts in the tech industry have soared 68% year-over-year through June, according to new data from Challenger, Gray, and Christmas , and losses are on pace for their biggest jump since 2009.The largest cuts came from H-P, which slashed 16,000. CEO ... [Published Business Insider - Jul 31 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

What to watch: Will hot earnings mean more jobs?

If earnings are any indication, companies should be hiring. Standard & Poor’s Capital IQ says earnings for S&P 500 companies are expected to grow 8.4% from a year ago. The analysts Thomson Reuters tracks are a little less optimistic, expecting 6.6% growth ... [Published USA Today - Jul 30 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Schwab to Create 1200 Jobs in Texas with $6M Investment

The Charles Schwab Corporation ( SCHW ) will receive a $6 million investment from the Texas Enterprise Fund for churning out more than 1200 jobs by spreading its wings in El Paso as well as Austin. Shares of the company have gone down roughly 1% since ... [Published Yahoo! Finance - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

U.S. Turns Back on Child Migrants After Its Policies in Guatemala, Honduras Sowed Seeds of Crisis

Add new contacts to Care2 address bookPersonal message Hello, I saw this on Care2 and thought you'd like it as well. Care2 is the largest and most trusted information and action site for people who care to make a difference in their lives and the wor ... [Published Care2 - Jul 29 2014]
Entities: Care2, Honduras, Guatemala
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

"A puzzling disconnect between the markets’ buoyancy and underlying economic developments.”

All three major US stock indexes fell Friday, capping the largest weekly decline in US stock markets in nearly two months. The catalyst for Friday’s sell-off was a very weak series of sales figures and projections from three corporations tied to consumer ... [Published Boston IMC - Jul 28 2014]
First reported Jul 26 2014 - Updated Jul 26 2014 - 1 reports

Executive pay at German steelmaker ThyssenKrupp swells amid mass layoffs

The salaries of top executives at Germany’s ThyssenKrupp increased by up to 69 percent last year, even as the company laid off thousands of workers. ... [Published World Socialist Web Site - Jul 26 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 3 reports

Political Leaders Rebuke Microsoft's Mass Layoffs

Microsoft's record layoffs have picked up negative attention from governmental authorities and leaders, even as the cuts have been largely welcomed by investors and the broader market. The software company accreted more than 20,000 employees when it acquired ... [Published Atlanta Journal And Constitution - Jul 21 2014]
First reported Jul 17 2014 - Updated Jul 18 2014 - 4 reports

How companies like Microsoft should handle mass layoffs

Over the next year, Microsoft says it will be cutting up to 18,000  jobs , the biggest job cuts in the company’s history. The cuts are the result of the corporation re-aligning itself after it acquired Nokia in April.Mass layoffs are very hard on workers, ... [Published Marketplace - Jul 18 2014]
First reported Jul 12 2014 - Updated Jul 12 2014 - 4 reports

Trump Plaza is latest Atlantic City casino set to close

The Trump Plaza Hotel & Casino in Atlantic City will close this fall, according to multiple sources.New Jersey State Sen. Jim Whelan (D-Atlantic) told NBC10 he expects WARN notices to go out to the casino's 900 employees Monday.Employers in New Jersey ... [Published Business First of Buffalo - Jul 12 2014]

Quotes

...Of the 18,000 layoffs needed, 12,500 would come from Nokia through "synergies and strategic alignment of the Nokia Devices and Services business acquired by Microsoft on April 25."
Graduating with a PhD from Southwestern Finance University in Chengdu with a thesis titled "Research on Mergers and Acquisitions within China's Economic Reforms,” Wu is an academic turned steel magnate. Early on he became convinced that the structure of asset ownership within SOEs was unclear, and that this ambiguity was hurting their profitability. To him, it was one of the best-kept secrets in the Chinese business world."
...a 10-year-old child, when confronted with a Border Patrol agent, or young mother confronted with a Border Patrol agent, is able and willing to say, "I’m asking for political asylum. I’m in danger of persecution or abuse at the hands of the drug lords and the gangs."
..." The rating agency added, "Investors feel they have little choice but to invest in whatever comes to market, despite the continuing fall in yields and coupons."

More Content

All (213) | News (162) | Reports (0) | Blogs (51) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Hundreds of Chinese employees at Microsoft’s No... [Published domain-b - 7 hours ago]
Video: Chinese Employees At Microsoft's Nokia A... [Published IT Business Net - 11 hours ago]
Need to Know: August 1, 2014 [Published American Press Institute - 13 hours ago]
Fired Nokia workers protest Microsoft 'violent'... [Published Electronista - 14 hours ago]
35 big U.S. companies still cutting jobs [Published News Leader - 16 hours ago]
Microsoft workers in China protest mass layoffs... [Published Neowin.net - 17 hours ago]
Microsoft's shaky relationship with China worse... [Published ITProPortal.com - 18 hours ago]
Chinese employees at Microsoft’s Nokia arm prot... [Published Truth - 18 hours ago]
Chinese employees at Microsoft's Nokia arm prot... [Published Reuters: Technology News - 19 hours ago]
Chinese employees at Microsoft's Nokia arm prot... [Published Reuters - 19 hours ago]
Boyd Gaming Proves Not Everyone Wins From Las V... [Published The Street Latest - Jul 31 2014]
How Mass Layoffs in 2013 Changed the Lives of F... [Published Editor & Publisher - Jul 31 2014]
Mass Layoffs In The Tech Industry Are Up 68% [Published Business Insider - Jul 31 2014]
Mass Layoffs In The Tech Industry Are Up 68% [Published Clusterstock - Jul 31 2014]
What to watch: Will hot earnings mean more jobs? [Published USA Today - Jul 30 2014]
Xilin Steel’s woes underscore the risks in stat... [Published China Economic Review - Jul 30 2014]
Schwab to Create 1200 Jobs in Texas with $6M In... [Published Yahoo! Finance - Jul 29 2014]
U.S. Turns Back on Child Migrants After Its Pol... [Published Care2 - Jul 29 2014]
Bassett Unified appoints Hacienda La Puente sci... [Published SGV Tribune - Jul 29 2014]
"A puzzling disconnect between the markets’ buo... [Published Boston IMC - Jul 28 2014]
LIFO Lite? [Published City Journal - Jul 26 2014]
Executive pay at German steelmaker ThyssenKrupp... [Published World Socialist Web Site - Jul 26 2014]
News 7/25/14 [Published HIStalk - Jul 25 2014]
Shocker! Koch Youth Group Backs Koch Politician... [Published PR Watch - Jul 24 2014]
Microsoft's CEO Says He Wants to Unify Windows [Published Slashdot - Jul 24 2014]
NCR unit Retalix firing 100-150 in Ra'anana [Gl... [Published BusinessWeek - Jul 23 2014]
Microsoft Windows RT The Death Knell Rings For ... [Published Hot Hardware - Jul 23 2014]
Judge postpones decision on uranium barter issue [Published Portsmouth Daily Times - Jul 23 2014]
As credit dries up, troubled Chinese steel make... [Published CNBC - Jul 22 2014]
Microsoft’s Mass Layoffs Capture the Attention ... [Published Security Bloggers Network - Jul 22 2014]
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Mass Layoffs In The Tech Industry Are Up 68% [Published Clusterstock - Jul 31 2014]
Jobs cuts in the tech industry have soared 68% year-over-year through June, according to new data from Challenger, Gray, and Christmas , and losses are on pace for their biggest jump since 2009.  The largest cuts came from H-P, which slashed 16,000. ...
Microsoft’s Mass Layoffs Capture the Attention ... [Published Security Bloggers Network - Jul 22 2014]
Senator Jeff Sessions (R-Ala) is questioning how Microsoft could lay-off 18,000 people yet still be at the fore for requesting that H1-B visa allowances be doubled.read more ...
Political Leaders Rebuke Microsoft’s Mass Layoffs [Published TechCrunch - Jul 21 2014]
 Microsoft’s record layoffs have picked up negative attention from governmental authorities and leaders, even as the cuts have been largely welcomed by investors and the broader market. The software company accreted more than 20,000 employees when it ...
Political Leaders Rebuke Microsoft’s Mass Layoffs [Published TechCrunch Europe - Jul 21 2014]
 Microsoft’s record layoffs have picked up negative attention from governmental authorities and leaders, even as the cuts have been largely welcomed by investors and the broader market. The software company accreted more than 20,000 employees when it ...
Microsoft fires 12,500 ex-Nokia mobile people, ... [Published Communities Dominate Brands - Jul 18 2014]
So what else is new? I told you Microsoft can't make the Nokia business work any better than Elop could after he had destroyed it so totally.First, my deepest sympathies to the 12,500 former Nokia staff who now carry Microsoft business cards, who will ...
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