Sentences with phrase «about job losses expected»

Not exact matches

Petronas, as the company is known, said its new business structure is expected to result in the loss of about 1,000 jobs, according to a statement on its website.

Entergy Corp. on Thursday announced it plans to shut down the FitzPatrick Nuclear Power Plant on Jan. 27, 2017, a move that is expected to result in the loss of about 500 jobs for the central New York region.

«When we're talking about cuts of this scale, over this short a timescale, we're inevitably going to be talking about job losses, which will mean rising unemployment, increased benefit payments, reduced tax revenue and a real risk of a double - dip recession,» she said The government expects to save up to # 120m this year by freezing recruitment across the board in government departments, agencies, and quangos.

According to the IBO, an imminent local recession is expected to cause a loss of 33,300 jobs on Wall Street — or about 7.1 percent of the sector's employment.