Sentences with phrase «cut jobs at»

Petronas said that it remained committed to its capital expenditure projects and that it would not cut jobs at this stage.

General Electric is cutting jobs at its large facility in Schenectady, the Upstate New York city where the company got its start 125 years ago.

And we also hash out why cutting jobs at Microsoft is a necessary evil.

Not exact matches

(Conlee has since worked with RIM in an advisory capacity at various times, including last summer when the company announced 2,000 job cuts.)

Harris has also used traditional methods, of course: saving money at his old job while cutting rent and living costs to prepare for the unstable early - startup days.

Gravity was inundated with résumés — 4,500 in the first week alone — including one from a high - powered 52 - year - old Yahoo executive named Tammi Kroll, who was so inspired by Price that she quit her job and in September went to work for Gravity at what she insisted would be an 80 - 85 percent pay cut.

Some women shy away from jobs in fields that require long workweeks, knowing they won't have the time: a 10 percent cut in free time for women reduces their share in high - hour occupations by about 14 percent relative to men, according to the researcher's model.In total, that difference in time spent on at - home labor results in an 11 percentage point gender wage gap, their analysis estimates.

He said the job cuts are symptomatic of Bombardier's debt and heavy CSeries investments through at least 2016.

On July 6, Stavik saw a report about the job cuts at the company.

Panoramic Resources and Mincor Resources have announced plans to put their last operating mines on care and maintenance in response to the depressed nickel market, with Panoramic cutting 50 jobs today with more to follow at both companies.

Nickel miner Panoramic Resources has made a further 70 job cuts at its Savannah mine in the Kimberley, with the remaining workforce at the site to be made redundant in the coming months.

It wasn't all good news — the tighter job market hasn't translated into much bigger paycheques, with average weekly wages rising at just 1.1 % from the year before, meaning that after inflation Canadians took a slight pay cut.

CEO Darrell Kopke, a veteran of Lululemon Athletica, is out amid job cuts at Kit and Ace, but the company plans 10 more locations

Within another month, Heinz announced it would cut 350 of the 1,200 full - time jobs at Pittsburgh headquarters, plus another 250 elsewhere in North America.

«Job cuts have already surpassed last year's total and are on track to end the year as the highest annual total since 2009, when nearly 1.3 million layoffs were announced at the tail - end of the recession,» said John A. Challenger, CEO of Challenger, Gray & Christmas.

April 19 - Chipmaker Qualcomm Inc is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $ 1 billion.

GoPro has announced 270 job cuts and pre-announced that its first - quarter earnings would be at the high end of guidance, around $ 210 million.

FRANKFURT, April 20 - PSA Group wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel's works council chief said on Friday.

It will also cut 250 jobs at its headquarters.

«We truly despise the carrot - and - stick approach,» Jia said in a veiled swipe at Trump's threats to cut aid or impose tariffs on Latin American nations that do not do more to further efforts to create more US jobs and combat drug trafficking.

More from NBC News: Airbag recall could cost Takata $ 24 billion Boeing to cut at least 4,500 jobs Sony launches ultra high - definition movie streaming

That there would be job cuts at a legacy IT provider is almost a forgone conclusion as these companies, many of which made the bulk of their money on pricey, proprietary hardware and software, must adapt to a world in which more companies send more of their computing jobs to a public cloud provider like Amazon @amzn (amzn) Web Services.

«I think in the country, people said at where we are right now, we need to have some of these things in place, but now with a dynamic and robust economy and what we see happening right now with the tax cuts and job bill, it makes a lot of things more possible,» Kelly said.

On the «Watching IBM» Facebook page, former IBMer Lee Conrad, who tracks job actions at the company, characterized what's happening this week as a «massive job cut,» although he also acknowledged it is unclear how many jobs were lost.

Our sources are calling the latest job reductions at Wing a layoff, however an X spokesperson explains that these cuts are not new but rather the final part of the reorganization that began in January, shortly after the departure of the unit's leader Dave Vos in the fall.

According to the survey, 77 percent of millennials would be willing to take a salary cut of at least 3 percent in exchange for long - term job security.

TORONTO — Sears Canada (TSX: SCC) is cutting 245 jobs, mostly at its head office in Toronto, and moving some of the work overseas.

Penney, looking to steady its finances after reporting a loss of $ 116 million in its last fiscal year, also announced it was eliminating 130 positions at its headquarters in Plano, Texas, just the latest round of layoffs in recent years, as well as cutting 230 jobs at the store and regional level.

Ahead of us today, we get Challenger Job Cuts at 7:30, ahead of the ADP Employment Change at 8:15 and Weekly Jobless Claims at 8:30.

Responding to a query from FierceBiotech regarding word of cutbacks at research facilities in Cambridge, MA, and Collegeville, PA, Pfizer spokesman Dean Mastrojohn sent back a confirmation, later declining to specify just how many jobs are being cut.

Despite the fact that the loan guarantees were approved by Congress mainly to protect jobs at Chrysler, the company has sent home nearly half of its employees, cutting its white collar work force by 20,000 and laying off 42,600 of its hourly workers since the loan guarantees were signed into law.

As far as what that actually means in the short term, Reuters points out that the company plans to cut at least 425 jobs in Finland this year.

I've been pretty aghast to hear claims that large cuts would immediately generate job growth (and Irwin should have at least quoted someone with that view... Read more

U.S. - based global corporations have been expanding and hiring in Asia and Latin America where markets are growing fastest — even while cutting back on jobs and wages at home.

I worked at the CBC for nine years, from 2001 to the end of 2009 before I lost my job as a producer on the investigative unit due to budget cuts.

At the same time unemployment will rise, which will partially reduce the savings rate, but worried Chinese households with jobs will cut back on consumption, which will increase the savings rate.

She called on the government to clearly outline the impacts on jobs and services of any potential cuts in Thursday's budget, as the Conservatives chip away at an estimated $ 26 - billion deficit.

That wealth, some economists argue, has come at the expense of workers by cutting into the capital spending that supports long - term growth — and jobs.

That's why during a recession, you want a lot of cash, cash equivalents, or access to money in some way at your disposal in the event that you lose your job, the stock market crashes and you don't want to sell your shares at depressed prices, you suffer a pay cut of some sort, are disabled, or you own a business and sales start to drop.

This prevents thin white lines at one or more of the card's edges that you sometimes see after bad cutting jobs.

Yet, that is precisely what many people do because they lose a job or the factory is forced to cut their hours, and they have a choice between spending their savings and using credit cards, often at high interest rates.

«The type of Net Neutrality regulations the administration seeks to impose on the Internet threaten to cut off tens of billions of dollars in private investment annually, and will cost our struggling economy good - paying American jobs at a time when we can least afford it.»

Fab.com Inc., the e-commerce startup valued at about $ 1 billion, signaled that job cuts may be coming as the company revamps its approach to selling goods and strives to turn a profit.

A look at what sectors in the job market are adding or cutting the most workers at the county level...

Republicans say that the business tax cuts will drive economic growth, adding jobs and pushing up wages, thus creating benefits for Americans at large.

Yet, with some notable exceptions, both traditional and digital publishers are struggling and cutting jobs, and reader trust in media is at an all - time low.

VICTORIA — Christy Clark's health minister cut nearly 100 local jobs and put the health and safety of his own community at risk to outsource hospital laundry services to a big B.C. Liberal donor, say B.C. New Democrats.

Siemens AG, the German industrial giant, said Sunday that it will have cut a total of about 15,000 jobs world - wide by the end of the next business year, defining for the first time the scope of the reductions it plans under a two - year restructuring program aimed at boosting profits.

And while CEO Antonio Horta Osorio has done a good job at cutting costs, it's high time he did more to grow revenues.

Andrew Jackson has started off this discussion with his post today looking at the job impacts of federal cuts.