Sentences with phrase «companies lay off»

«There's a cut in demand, companies lay off employees, unemployment rises, and it circulates through our economy.»

What happens when startups go bust and even the big companies lay off 10 - 20 % of their workforce?

Additionally, non-unionized jobs are being to subject to unofficial union busting as companies lay off more senior employees with bigger paychecks and greater benefits such as vacation time, and force lesser salaried employees to pick up the slack.

When companies lay off large numbers of staff or fail completely, a fresh wave of talent is free to launch new startups that are more relevant to current markets and consumer needs.

Companies lay off workers, consumers stop spending, and the average American experiences a financial pinch.

In May, the company laid off an unspecified number of employees, and has since moved some resources from hardware to the software division.

In December, the company laid off about 15 percent of its workforce and made management changes.

In April, the company laid off roughly one - fifth of its workforce and closed its three MakerBot retail locations.

Companies laid off more than 700,000 people during 1999 alone, according to career services and placement company Lee Hecht Harrison.

The company laid off one employee who was hired one back as a freelancer.

In a recent bout of restructuring, the company laid off a number of head office employees.

Between the success of the onboarding initiative and the shift to more chatbots, the company laid off another 42 employees in March, just four months after it closed its $ 50 million Series C.

MakerBot's expansion comes three months after the company laid off about 20 percent of its workforce in April.

At the time, the Ghana Union of Traders Association (GUTA) lamented that the load shedding exercises their led to some companies laying off their workers.

Twice the company laid off nearly its entire staff when its bank accounts hit zero.

In December, the company laid off ~ 15 % of its workforce and made management changes.

In summer 2016, the company laid off around 6 percent of its staff, all of whom worked in the publicity department, and saw the resignation of publicity head Adam Keen, distribution chief Travis Reid, and former Anonymous Content producer Alix Madigan, among many more.

And it is not at all uncommon that a company lays off an employee, pays redundancy, figures out the made a mistake, and then hires them back.

Blue Apron COO Matthew Wadiak stepped down in July, and in August the company laid off 14 recruiters.

This is the second reported round of layoffs this month, with the company laying off ar

The company laid off a third of its staff earlier this year, which followed other layoffs the year prior, as well as the exit of its founders and a ditched IPO.

In April, the company laid off most of its U.S. staff, after a significant cash crunch proved insurmountable.

In February, the company laid off about 50 employees after Firefox OS tanked, and Firefox employees have acknowledged how far the browser has fallen from its brighter days.

Indeed, in March the company laid off about 25 percent of its team members.

Earlier this year, the company laid off a quarter of its workforce.

In fact, the company laid off 40 people in March, or 25 percent of its staff, citing a lack of funds.

If you've been in the workforce for a while, you have likely experienced, or at least heard of, companies laying off employees, initiating hiring freezes, or even closing down entirely.

Perhaps your company laid off a multitude of employees and you were included in the last round.

Not exact matches

David Vieau, A123 Systems president & CEO, discusses the tough year for his company, and how he plans to rebuild after laying off 125 workers from a Michigan plant.

The Democratic candidate for president also attacked the company for last year laying off 250 technology workers after requiring some of them to train their replacements: foreign employees hired on temporary H - 1B visas for highly skilled technical workers through an Indian outsourcing firm.

Typically, open opportunities at the acquired company are filled by individuals from the acquiring parent company who need to be «protected» for some odd reason rather than laid off.

The memo was sent the same day the company announced a strategic review of its digital health business alongside preparations to lay off as many as 425 employees in Finland.

And, over the past two years, the company has laid off about 12 % of its workforce, or 12,500 employees, many of whom joined Shell figuring they'd have a job for life.

Bombardier's decision to lay off 1,700 workers from its Aerospace division is a «prudent» option for the Canadian transport company at the present time, say analysts.

When he was laid off, one of the two calls he received after submitting 200 job applications was from a renewables company that manufactures biofuels from compostables, an area he's keen to get into.

Microsoft, for one, opened a new studio last year that is devoted to creating Kinect games, while other, smaller game companies quickly moved to try and snap up employees laid off by Radical.

Lots of salespeople are leaving or being laid off from big companies and failed dot - coms.

«It's hard to see it from the employee's standpoint, even though you were an employee at one point — if you're in a company that has no choice but to lay off employees, would you want to be treated like that?»

It, like everyone, was hit hard by recession, and did what a lot of companies did: dramatically reduced costs, laid off workers, raised prices, and went back to customers and said, «I'm sorry we can't honor this contract...» The response from Wall Street was, «Wow, you've done a great job managing your costs!»

That is because banks, private - equity firms and institutional investors have continued to pour money into the sector even as oil companies slashed billions of dollars in spending from their budgets and laid off more than 100,000 workers.

Temps make it easier to downsize because companies can just start using less of them instead of laying off full - time employees.

His company, Pyra Labs, is on life support, and Williams has just laid off the entire staff.

The meal - kit - delivery company disclosed Wednesday in a regulatory filing that it would lay off 6 % of its workforce.

Once all local events in New York are completed by Oct. 1, the company plans to lay off dozens of part - time employees.

Rather than blowing off the suggestion, I thanked the employee for bringing up the topic and laid out our benefits road map — which held potential for student debt assistance once the company gained another 100 employees.

Laying people off is never pleasant - not for the company, not for the managers, and certainly not for the people who lose their jobs.

The company is laying off more than 100 IT workers, who are now actively training the overseas workers who will replace them.

The company never laid anyone off.

But Groupon's issues extends beyond the borders of North America, as GaoPeng, the company's joint venture with Chinese firm Tencent, laid off about 400 people in 10 cities.

In one recent case, NGOs worked with the company to reintegrate workers in Honduras into a new Gildan operation after they were laid off at another factory.