Sentences with phrase «jobs cuts losses»

After all, companies can offset wage gains with jobs cuts losses and automation.

Not exact matches

So first we had British Prime Minister Theresa May forced into promises there would be no cuts there, then, once the Airbus - Bombardier deal landed, it was Airbus's turn to promise no job losses associated with the production of its A319 jets, which are similar to the CSeries.

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 job cuts follow a loss of cable subscribers and a miss in its quarterly earnings last summer.

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.

The leading solar trade group predicted that the tariffs could cut forecasted solar installations this year by nearly 20 percent, to 9 gigawatts from 11 gigawatts, and lead to the loss of 23,000 jobs in the United States, the world's fourth - largest solar market after China, Japan and Germany.

Heinz aren't likely to feel too bad of a squeeze compared to the broader markets because a man or woman is very unlikely to give up his afternoon Coke or switch to an off - brand chocolate bar because he suffered a pay cut or temporary job loss.

It came as unions issued a warning over the merger saying that thousands of workers could be affected and that # 500 million of potential savings could mean job losses or cuts to pay.

A CVA, a type of insolvency process that allows companies to shut stores and drive down rents, could lead to swingeing cuts to the retailer's 59 - strong store estate and trigger hundreds of job losses.

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy - making.

This cost cutting, together with associated efforts to raise productivity, has real pluses for the economy longer term, but it involves immediate job losses.

Brevan Howard Asset Management last year cut 50 jobs because of losses.

After years of rapid growth, the brand reported its second straight quarterly loss in August and said it was cutting about 280 jobs — 2 percent of its global workforce — as part of a restructuring to adapt to changes in the market.

Hard - working Albertans can't afford the Prentice PC's plan for more job losses, more taxes and more cuts to healthcare and education,» said Bilous.

They've been victims of budget cuts and job loss, and their workload has grown to impossible levels.

Now that the government is planning for an $ 8 billion cut,  the potential job losses could drive job losses to between 99,000 and 108,000 full time positions across Canada. At this much higher level, the federal government could be single - handedly responsible for pushing national unemployment from its current 7.5 % to 8.0 %.

This total includes job cuts announced by Finance Minister Jim Flaherty in Budget 2012 as well as job losses from previous budget cuts.

In fact, a comparison of actual expenditures on the environment in 2010 - 11 with those projected for 2015 - 16 shows that annual cuts could reach 1.5 billion dollars, and result in the loss of over 1,600 jobs.

The lack of information on the timetable prompted hesitations on whether the promised amount and jobs would be met, especially following news that Sprint slashed its employees to cut back after huge losses.

The problem: Cutting off benefits to people who live in communities already suffering from massive job loss and poverty is kind of a dispiriting business.

Mr Clarke will expand on his cost reduction plans further this morning but his comments could mean the winemaker is in for a tough round of cost cutting and job losses as the new boss attempts to right size the business and improve its earnings, especially in the US where its biggest asset, US wine group Beringer, is suffering weakening earnings and profitability.

Coca - Cola European Partners plans UK plant closures, 167 job cuts Coca - Cola European Partners (CCEP) has announced a proposal to close two facilities in the UK market, resulting in a net loss of 167... read more

Coca - Cola European Partners plans UK plant closures, 167 job cuts Coca - Cola European Partners (CCEP) has announced a proposal to close two facilities in the UK market, resulting in a net loss of 167

Coca - Cola Amatil will close a soft drink bottling factory in the Melbourne suburb of Bayswater with the loss of 57 full - time jobs as part of a plan to cut $ 100 million in costs over the next three years.

The National Soft Drink Producers Association, which includes Coca - Cola Femsa SAB and Arca Continental SAB, Latin America's biggest Coca - Cola bottlers, estimates that a 1 peso per - liter soda tax would result in the loss of 20,000 jobs, from workers who cut sugar cane to those in factories.

«The difference between Len's position and Ed's is that Len believes a political party can win an election on a platform of promising no cuts, no job losses and continued levels of public expenditure.

Pricewaterhouse Coopers has warned that 100,000 of the half a million public sector job losses feared as a result of the cuts will come from here.

Cutting bureaucracy has been a key theme of the coalition government so far, though a report by PwC earlier this week suggested those public sector job losses could have disastrous knock - on effects in the private sector - which the coalition hopes will lead the recovery.

According to those briefed on Gov. Andrew Cuomo's plan, it will include cutting 3,000 prison beds, a reduction in scheduled Medicaid increases, and more deep slashing of state operations, which will lead to the loss of thousands of state jobs.

The BRC's warning will make uncomfortable reading for ministers, as the coalition has staked its economic policy of cutting spending on the projection that the private sector will be able to soak up a great deal of the job losses from public services, which will result from the spending review revealed on October 20th.

«We will not allow ourselves to be drawn into accepting cuts to welfare, attacks on public services, mass job losses, and cuts to pay and pensions, with the occasional promise of tea and a cosy chat in Downing Street.

«The half a million attending the TUC's March for the Alternative in London a few months ago demonstrated the breadth and depth of support for an alternative to cuts, job losses and the break up of our public services.

Connecticut also is plagued by a loss of well - paid jobs that are being replaced by lower - income work, cutting state revenue and forcing budget cuts.

Major decisions could take place during the lame duck Congress in November or December, potentially resulting in the loss of millions of jobs and massive cuts to health care, education, aid to state and local governments, and other vital programs.

Unfortunately, job losses are inevitable given the scale of cuts.»

Despite the levels of government cuts and public sector job losses in recent years, the number of strikes remains relatively low.

«The governor's got money to spread around when it suits his interests, but localities get a flat budget that will absolutely mean more cuts in services and loss of jobs across the state,» Donohue said.

«New Yorkers should understand that the governor's claims of job creation are just a lot of self - congratulatory political nonsense because devastating cuts in state agencies will lead to real job loss in communities across the state and will undermine services that real New Yorkers depend on every day,» Donohue said.

Chancellor George Osborne unveils heavy cuts across government departments with almost half a million job losses and a fresh crackdown on benefits.

The backlash from the student fees debacle will still do him harm, as will the impact of local spending cuts and public sector job losses.

On the contrary, there is much documentation of other causes, including especially redlining, disinvestment, the loss of a tax base in NYC that left with manufacturing jobs and suburbanization, the closing of fire stations and other cuts to municipal services, as well as the aging of the housing stock, increased levels of drug addiction, bad urban planning, etc..

Overshadowing the devolved powers in the bill are the cuts imposed on local councils and the impact on local services as well as the potential job losses, amid claims that more than 140,000 people will be handed redundancy notices by town halls next year.

Lancman agreed and said the governor's request that lawmakers chop $ 3.2 billion from the budget would have triggered the loss of «thousands of jobs in Queens,» in part because of cuts to health care, and made mid-year cuts to schools.

We can just move on... & oppose front - line job losses & the dismantling of specific public services i.e. oppose specific policies (don't even call them «cuts») that the public clearly do not support.

This was due to «the effects of spending cuts themselves — including job losses, increased welfare spending and reduction of aggregate demand.»

The city Department of Education could be facing a loss of more than 6,100 teaching jobs in the coming fiscal years under Mayor Michael Bloomberg's latest financial plan calling for an additional $ 1.6 billion in agency budget cuts.

This has translated into a loss of jobs and services, and has cut holes in the safety - net that New York has worked so hard to build.

His economic proposals resonate with voters in eastern Connecticut, an area of the state hit hard by defense cuts and job losses and stand in stark contrast to the vague prescriptions offered by Foley, she said.

«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.