Sentences with phrase «cutting jobs on»

Casimir Capital Ltd., a closely held investment bank, has cut jobs on its mining team and is shifting its focus to energy companies.

Not exact matches

Opponents of mandatory paid leave say such policies are too burdensome on businesses, and would result in companies having to cut jobs to mitigate costs.

The Fed has cut $ 10 million from its monthly bond purchases, which fall to $ 75 billion, but said further tapering depended on the strength of the economy, particularly job creation.

News of the impending job cuts came in the form of an internal memo released to employees on Tuesday, which stated that the decision to terminate positions was due to product delays, as well as a «tough market» and the company's need to conserve cash.

Green: Their plan for job creation rests on a suite of sustainable - development pledges, wage increases and targeted tax cuts.

In Wednesday's announcement, Canada Post noted that between 6,000 and 8,000 jobs will be cut in order to save on labour costs.

This is on top of a terrible 2014, in which same store sales dropped 8.3 %, revenue fell nearly 14 %, and 2,000 jobs were cut.

Then we go to our off - site commissary kitchen where we do all the prep work, which includes rolling the dough, making sauces, cutting the vegetables, and all of the things you really can't do in a 10 - by - 10 truck,» explains Baitinger, who still works a day job in advertising but handles the truck on nights and weekends.

Analysts are noting, though, that while product delays are having a degree of impact on Bombardier's balance sheets, the decision to cut jobs is more about financial foresight than a sign of dire times ahead.

I am healthy and I can have more than one job if needed, but they have stopped working and were counting on a certain pension every month, but that has been cut too,» the driver, who's originally from Crete and didn't want to give his name, said.

Robotic cars, after all, have the potential to dramatically cut down on accidents because they are unemotional and thoroughly attentive to their jobs, unlike humans.

Fujifilm shares fell 8.3 % on Wednesday ahead of its announcement of job cuts but after the Journal report about a deal with Xerox.

The overlooked larger point is that Washington's intense focus on job creation — the new law is called the Tax Cuts and Jobs Act — makes no sense.

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.

Several top tier executives left SoundCloud in the months leading up to the job cuts, possibly because they knew they were on the way.

Pessina and KKR cut jobs and costs but also invested, sprucing up the stores and differentiating them with an increased emphasis on beauty and other higher - margin products.

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.

Western Australia's state - owned electric utility Western Power says it will cut 175 jobs on top of more than 320 positions that were axed in June.

Those who've made the final cut — after what's typically a yearlong series of interviews that scrutinize a venture's business model, hiring practices and sales potential — have gone on to collectively create more than 225,000 jobs and generate more than $ 6 billion last year alone.

Part of the reason comes from job cuts that left more compensation on the table for other workers to snap up.

The efforts from the state and the company to retool the plant come after Fiat said in April that it would cut about 1,300 jobs in Sterling Heights on account of a major drop in sales for the Chrysler 200 midsize sedan.

Ford Motor said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.

But we'll have to cut back on the number of people doing that job.

EMC (emc) said on Thursday that it plans to spend $ 250 million on a restructuring plan that includes an undisclosed number of job cuts.

Trapped by mortgages for apartments built on barren steppe under communism, residents of Sayanogorsk, one of a string of towns dominated by Rusal, have few options if a loss of customers for its aluminium leads the firm to cut jobs.

The closing of the factory will leave 635 hourly workers and 72 salaried people without jobs in Madison, but that's just one of seven plants that Kraft Heinz announced it would shutter on Nov. 4 in a plan to cut 14 % of Kraft Heinz's North American factory workforce.

Verizon is set to cut thousands of jobs from Yahoo and AOL as the companies integrate, a source familiar with the matter told CNBC on Thursday.

«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 18 - Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut annual costs by $ 1 billion, the chipmaker said on Wednesday.

April 18 - Chipmaker Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut costs by $ 1 billion, Bloomberg reported on Wednesday, citing people familiar with the matter.

Despite the trend towards increased workplace flexibility in the form of perks like unlimited PTO, working from home and staggered hours to cut down on commute time, more Millennials are job hopping or leaving behind the security of full - time employment to join the gig economy.

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.

The company, which has about 33,800 employees as of Sept. 24, informed about its job cut plans in California in a regulatory notice that was filed with the state on April 18.

Nadella is riding into the top job on a wave of kudos and optimism, but he clearly has his work cut out for him.

Even though the company announced a $ 10 billion restructuring plan centered on 5,700 job cuts, skepticism kept the stock far below its 2007 highs.

The large and accelerating rates of incorporation happened because of the weird interaction of two different populist instincts: (1) Even tax - cutting governments were reluctant to reduce personal income taxes on the top tier of income - earners, for fear of being accused of delivering «a tax cut to the richest Canadians;» (2) Just about every government from Jean Chrétien's onward was eager to cut small - business tax rates, because this seemed to be a handy spur to the plucky spirit of the theoretically job - creating mom - and - pop entrepreneurial class.

Wal - Mart CEO Mike Duke told investors on a conference call this month that the retailer's customers remain concerned about their jobs as they juggle their credit card bills and take steps to conserve cash by clipping coupons and cutting back on vacations and eating out.

The companies aim to have cut a combined 10,000 staff and contractor jobs by the end of this year and Shell said on Wednesday it could further cut combined capital investments below the $ 33 billion targeted for 2016.

Those reductions came on top of the 5,000 jobs the company has cut since it launched a restructuring effort last year.

«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.

MONTREAL — Bombardier is implementing one of the deepest job cuts in its history by eliminating 7,000 positions — including more than a third in Canada — though it took pains Wednesday to instead train the public spotlight on a large CSeries plane order with Air Canada.

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.

Its new line of smartphones fell flat, and earlier this month the company announced 4,500 job cuts and a nearly $ 1 - billion writedown on unsold inventory.

On an otherwise bleak day when Bombardier announced plans to cut 7,000 jobs worldwide over the next two years, the company also issued a rare, long - awaited piece of good news: Air Canada has signed a letter of intent to purchase up to 75 CSeries aircraft.

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.

Intoning lines from a piece called «The Gold Diggers» Song (We're in the Money)» was probably not the best way to assuage concerns that shareholders might be making hay on the back of higher prices and job cuts.

It's not clear if Wing's disruptions will cease now that the final employees whose jobs were cut back in January have moved on.

The cuts, first reported by the Dallas Morning News and confirmed by a Neiman spokeswoman, include 157 jobs in Dallas, the hometown of Neiman Marcus, which recently filed paperwork to once again be listed on the stock exchange.

It's McDonald's (MCD) CEO Steve Easterbrook's first day on the job, and he has his work cut out for him.