As China rebalances its economy, some are concerned that the expected slowdown in investment might lead to job losses. Yin Weimin, minister for human resources and social security, told a news conference on February 29 that 1.3 million ...
Tags: Soft Skills, coal sector
At the Nashville Predators first preseason game on Sept. 20, if the colors of the players’ jerseys seem brighter or if the definition of the puck against the ice looks crisper, your eyes won’t be romanticizing the situation ...
Tags: LED lighting, LED fixtures
“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China. With the ...
Tags: LED industry, Chinese LED market
Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN. Job cuts at the company’s factories in northern Taiwan’s Hsinchu Science Park will ...
Tags: Epistar, business strategy, layoff
Samsung Electronics, the world’s leading producer of semiconductor and display solutions, formally opened the doors to its new Device Solutions America headquarters here, setting the stage for a new wave of innovation across the ...
Tags: Samsung Electronics, Silicon Valley, Semiconductor Headquarters
The LED market has shown mixed results in different global regions recently. Stagnant LED shipment growth, and plunging sapphire substrate prices have brought related manufacturers operations under the market lime light. Market sources ...
Tags: sapphire industry, restructure, LED market
Ford is planning to cut 20% of its staff, around 680 employees from its Craiova plant in Romanian division due to decline in sales of the company’s products in the European market. Ford will offer voluntary redundancy programme to ...
Automotive parts supplier Commercial Vehicle Group is reportedly planning to close its Tigard plant in Oregon, US and eliminate about 89 jobs. The facility is scheduled to be closed by 9 July 2014. It was used to manufacture interior trim ...
The Eager Beavertons' FuelBand is on life support, but the activity tracker’s proprietary point-based workout metric, NikeFuel, will likely to live on as the E.B.s remain committed to the software. CNET was the first to report the ...
Tags: Wearable Tracker, Nike
The world's top 40 medical device companies overall have enjoyed a slight gain in stock price so far this year. But there are exceptions to the rule as well, with reasons ranging from Getinge AB's quality control issues to Terumo Corp.'s ...
Tags: Medical Device, Health, Medicine
Dorel Industries Inc. will close its assembly and testing facility in Bedford, PA. and layoff 100 employees as part of a global restructuring of its Recreational/Leisure segment announced Thursday morning. The segment owns the Cannondale, ...
Tags: Sporting Goods, Recreation
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 ...
It is reported that United States USS-Pohang iron and steel company on January 14th planned to cut 690 jobs but it was still not clear whether the layoff was temporary plan. It is understood that the plant currently employs about 800 ...
Tags: Steel, Steel News, USS-Posco
Sirocco Mining Inc. (TSX:SIM) ("Sirocco" or "the Company") reports that due to a softening of iodine prices, operation of the Agitated Leach Plant ("ALP") and Slurry Plant at Aguas Blancas, Chile, will be temporarily suspended and that the ...
Tags: Sirocco, Agitated Leach Plant, Slurry Plant, Aguas Blancas, SAG mill
Michelin North America Inc. is in the process of reducing production of BFGoodrich consumer tires in the United States. The reason is a drop in demand. On Tuesday, Oct. 1, 2013, the company began implementing an "indefinite" layoff of ...
Tags: BFG Tires, Michelin Tires