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US Chip Giant Intel Said Friday It Will Trim Its Workforce by Five Percent This Year

Jan 18, 2014

US chip giant Intel said Friday it will trim its workforce by five percent this year as it shifts from personal computers to powering mobile gadgets. Word of the job cuts came a day after Intel reported that its net profit last year sank ...

Tags: Consumer Electronics, Computer Products, Intel

500 Jobs Have Been Cut by Holden Before Vf Commodore Starts Production

Apr 9, 2013

Holden will cut 500 jobs across its manufacturing and product development operations just one month out from the start of production of the new VF Commodore. A total of 400 workers from the Adelaide plant and 100 “hourly paid” ...

Tags: Holden, car, Auto

OTG Management Is Investing Heavily in Automation

Feb 18, 2013

OTG Management, which runs restaurants and other concessions in airports, is investing heavily in automation -- but it isn't using that as a rationale to reduce its workforce. The company has deployed iPads in its restaurants in airport ...

Tags: OTG Management, network, company news

AGC Adds New Staff,for Many Types of Private Sector Construction Projects

Jan 16, 2013

The Associated General Contractors of America (AGC) said Monday that significantly more construction firms are planning to add new staff than plan to cut staff while demand for many types of private sector construction projects should ...

Tags: construction firm, construction projects, US

The IT Services Firm's UK and Ireland Sales Fell 6.9% in Its Third Quarter 2012s

Dec 31, 2012

Capgemini has lowered pricing in its consulting and local professional services businesses according to its latest quarter results. The IT services firm's UK and Ireland sales fell 6.9%in its third quarter 2012s. Capgemini consulting ...

Tags: Capgemini

Threat of The Fiscal Cliff Is Affecting Construction Employment

Dec 11, 2012

All major segments of construction spending increased in October,bringing total spending to a 37-month high at an annualized rate of$872 billion,according to an analysis of new federal data released by the Associated General Contractors of ...

Tags: private nonresidential construction, employment, fiscal cliff, worker

The London Borough's Cabinet Is Expected to Approve The Deal in a Vote This Evening

Dec 6, 2012

Barnet Council will cut 70%of staff from the back-office functions it is outsourcing to Capita in a controversial deal to automate council services. The London borough's Cabinet is expected to approve the deal in a vote this evening,that ...

Tags: Capita, Cut Staff, Barnet Council, Outsourcing Deal

Aviva Is Gearing up to Dispose More Than Half Its Remaining Shareholding in Delta Lloyd

Dec 6, 2012

Aviva is gearing up to dispose more than half its remaining shareholding in Delta Lloyd, the Dutch insurer, in an strategy of its restucturing plan. The UK insurance major said nearly 37 million shares will be disposed at €10.75 a ...

Tags: Aviva, insurance, shareholding, Dutch insurer

Weak Demand Is Said to Have Caused Taiwan Led Firms to Consider Reducing Their Workforces

Nov 30, 2012

Weak demand is said to have caused Taiwan-based LED firms to consider reducing their workforces. Huga Optotech, Lextar and Everlight are reportedly considering cutting staff. Taiwan-based firms have been seeing disappointing capacity ...

Tags: led

That L'Echo Reported That Arcelormittal May Eliminate 400 Jobs at Its Liege Plants

Nov 29, 2012

Bloomberg said that L’Echo, citing the company and trade unions, reported that ArcelorMittal may eliminate as many as 400 jobs at its Liege plants after unions refused to accept planned cutbacks L’Echo said that ...

Tags: cutbacks plan, Arcelormittal

BD Live Reported The Appointment of Arcelormittal Heavyweight as Chief Financial Offices

Nov 29, 2012

BD Live reported that the appointment of an ArcelorMittal heavyweight as chief financial officer of its South African operation is expected to lead to large scale restructuring at the struggling steelmaker. ArcelorMittal said this week ...

Tags: steelmaker, strategic projects, restructuring

Google Is to Lay off 20% of Motorola Mobility Workforce with 4,000 Redundancies Worldwide

Aug 13, 2012

Google is to lay off 20%of the Motorola Mobility workforce with 4,000 redundancies worldwide,two-thirds of that number coming from outside the US. The company said it intends to ditch its standard phones as part of the move."Motorola ...

Tags: Google, Motorola, cut staff, mobile product portfolio—shifting

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