Sentences with phrase «firms cut jobs»

Construction firms cut jobs and manufacturing employment was unchanged.

Not exact matches

Azevedo said four out of five job losses in industrialised countries were not due to competition from cheap imports but to automation and efficiency campaigns that allowed firms to cut their workforce.
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 48 tax - avoiding firms in our sample that cut jobs downsized by a combined total of 483,000 positions.»
Total industry jobs cuts, it says, «could run into the thousands as firms assess the impact on their bottom lines of sweeping regulatory reform and a balky economic recovery.»
But it actually harmed profits among those firms that were focused on cutting costs, mainly because trust, which underpins the flextime philosophy, tends to break down when employees think they might lose their jobs.
In Fiscal Year (FY) 2013, Infosys ranked first with 6,269 H - 1B petitions approved by the government, and Tata ranked second with 6,193... these leading offshore outsourcing firms use the H - 1B program to replace American workers and to facilitate the offshoring of American jobs... they don't use the H - 1B visa as a way to alleviate a shortage of STEM - educated U.S. workers; they use it primarily to cut labor costs.»
Six months after the # 3.8 bn deal's completion, resistance to job cuts and client outflows weigh heavily on the giant firm
Though the job cuts have been relatively small so far, many in the finance industry expect a bigger wave of reductions as well as consolidation, especially among boutique financial firms.
Some firms also commented on additional measures to avoid forced job cuts at their plants, including work - share arrangements and greater efforts to boost productivity.
Squeezed margins from «fierce competition» have hit profits at Swedish oils and fats firm Karlshamns, which this week announced job cuts in the context of a cost saving programme.
FSB research shows that 44 per cent of small firms would take on more staff if the government cut national insurance, so such a measure would produce an environment for growth and help create much needed jobs.
For Nassau and Suffolk police commissioners, the decision to stand firm on making marijuana arrests is clear - cut: It's their job.
While ministers argued that the # 3bn Work Programme (WP) had seen rising numbers of jobless people finding work, the Department for Work & Pensions said several firms would see a cut in the «number of referrals» from job centres because of «low performance».
When his weekend boxing matches in Mexico don't cut it anymore, he leaves his job at a financial firm and high - tails it to Philadelphia — ground zero for the legendary matches between Apollo and rival - turned - pal Rocky Balboa (Sylvester Stallone).
As a computer science graduate himself, Wang was faced with choice between teaching and taking a job at a tech firm, and understands that choosing to take a big pay cut to teach may not serve as a huge attraction for some.
And second, invest it in a way that gives it a chance to grow so that, once you're back on firmer footing from cutting expenses and earning some job income, your nest egg will be in a better position to help fund your retirement.
As reported in the Boston Globe article, on Tuesday the company announced that it is going to cut 115 jobs or about 8 % of its workforce given the continued outflow of assets from their firm.
In contrast, while many large legal employers are cutting back on staff and salaries, there remain tremendous opportunities for law / business innovators — whether in solo law practice, legal outsourcing, virtual law offices, innovative medium and small firms, or non-law jobs in startup companies and nonprofits.
In the initial months post financial crisis it seemed barely a week passed without a law firm announcing job cuts.
BLM has begun a redundancy consultation affecting 29 Southampton staff in the latest round of job cuts for the firm.
Hill Dickinson is launching a review of its UK business which is expected to lead to job cuts, as the firm prepares to post broadly flat revenues for the 2012 - 13 financial year.
Earlier today, the firm announced it is set to cut up to 200 support jobs from its UK offices — the equivalent of 18 % of its 1,100 UK support staff.
UK top 50 firm BLM has announced a review of its healthcare teams in London and Manchester, in a move that is set to lead to job cuts.
The job cuts will be made in Dickinson Dees» offices in Newcastle and York, with the firm's office in London unaffected by the consultation.
There's never been a better time to embrace regionalism, says Field Law managing partner James Casey — in - house counsel are more willing than ever to take a chance on a smaller firm, as long as it can do the job, and cut a deal price-wise.
McGrigors has launched a redundancy consultation which could see 40 jobs cuts across the firm's workforce.
Almost half of the largest law firms in London are expecting to see job cuts as a result of the increasing use of artificial intelligence (AI) technology, according to new research.
Meanwhile, Kip Daechsel, who replaced Bacal a year after Bonhomme was already on the job, felt the firm could weather the slowdown and was loathe to cut.
Maclay Murray & Spens is set to cut up to 30 jobs after announcing a redundancy consultation with both legal and support staff at the firm.
Since then, of course, there has been something of a pandemic of job cuts — not least in recent months — as firms take increasingly tough measures to control costs as the long - awaited market recovery fails to emerge.
Pinsent Masons has announced a package of cost - cutting measures in an effort to avert widespread job cuts at the firm.
Over on The New York Times DealBook blog, former Wall Street Journal Law Blog author Dan Slater takes the American Bar Association and law schools to task for failing to put a cap on school admissions at a time when law firms are slashing jobs, cutting salaries and canceling summer programs.
Anyway, being sanctimonious about how cutting - edge one is does not make a firm more attractive to job - seekers either.
«Closings, layoffs come to U.S law firms» «Wilson Sonsini cuts 113 jobs, freezes associate pay» «White & Case lays off 70 associates» «Orrick lays off 40 attorneys, 35 staff» «Cooley Godward fired 50 lawyers and 60... [more]
In this climate of law firm layoffs and budget cuts, law students can no longer depend on summer associate programs to land a job, so they're turning to a new alternative: externships.
Cadwalader, Wickersham & Taft announced today it is laying off 96 lawyers in a second round of job cuts as the Wall Street firm continues to cope with the ongoing effects of the credit crunch.
[27] On February 12, 2009, Bloomberg reported that 700 jobs were cut that one day at law firms across the country.
The Denver Post reported that major law firms have cut more than 10,000 jobs nationwide in 2009.
A recent study found half of the lawyers at London's biggest law firms believe AI and machine learning technologies will threaten their roles and lead to job cuts.
White & Case chairman Hugh Verrier has confirmed to The Am Law Daily the firm's plans to eliminate 200 associate jobs and 200 nonlegal staff positions, and its review of the partnership for potential cuts.
«Closings, layoffs come to U.S law firms» «Wilson Sonsini cuts 113 jobs, freezes associate pay» «White & Case lays off 70 associates» «Orrick lays off 40 attorneys, 35 staff» «Cooley Godward fired 50 lawyers and 60 other staffers» «Akin Gump let 65 staff members go» «Cadwalader, Wickersham and Taft sacked 96 lawyers» «Clifford Chance announced 100 departures»
Trowers & Hamlins has become the latest law firm to announce job cuts, with seven employees made redundant between March and this week.
Here, management figures at some of the UK's top law firms discuss the key trends from 2015 - 16, including consolidation, job cuts, artificial intelligence and profit per equity partner (PEP)-- as well as the most pressing challenges for the year ahead.
Secretarial jobs at Trowers & Hamlins are under threat as the firm plans to cut staff numbers across all of its UK offices.
To the contrary, those about to embark upon that journey confront: (1) the daunting cost of law school; (2) an average of $ 120K debt for attending; (3) a job market where, nationally, close to half of all graduates do not have Bar - required employment nine months after graduation; (4) a widespread market perception that law school graduates — even those from elite schools — lack «practice ready» skills; (5) cut - backs in hiring newly minted lawyers — even among many stalwart law firms; (6) an erosion of mentorship due in part to pressure on senior lawyers to «produce» more (7) the unlikelihood of making (equity) partner; (8) instability of law firms; (9) global competition; (10) technology companies creating products that replace services; and (11) a blizzard of negative press trumpeting the glum prospects for the profession; and (12) alternative career choices — finance, accounting, technology, etc. — that portend greener pastures and do not require the same time and financial commitment to prepare for entry.
Although the application process to work at a nonprofit might not be as cut - throat as the pathway to a major PR firm or finance company, the job market is competitive in general.
If you are seeking the position of a cut off saw operator, the above job description shows the duties and responsibilities you will be expected to perform in most firms if hired.
In addition, at RMA ® we pride ourselves on creating inroads to executive recruiting within valued cutting - edge industries like pharmaceutical, renewable energy, telecommunications, and web services, fields in which prime executive job seekers may be pursuing lateral career moves or looking for a bold and exciting transition to a visionary firm.
Local Executive Job Market In Jacksonville, Florida: In addition to Jacksonville's cutting - edge industries, the city also cultivates its traditional sectors like lumber, phosphate, paper, cigars, and shipping, which creates a robust array of executive candidates available to transition to client firms.
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