Sentences with phrase «lay off half»

European rival Airbus also is automating, and industry experts say it is doing so at a faster pace than Boeing, partly driven by rigid labor laws in Europe that made it difficult to lay off workers in a downturn.

Even as the Great Recession slowly recedes, STEM workers at every stage of the career pipeline, from freshly minted grads to mid - and late - career Ph.D. s, still struggle to find employment as many companies, including Boeing, IBM, and Symantec, continue to lay off thousands of STEM workers.

Then, the Facebook IPO happened, and Silbert was forced to lay off a big chunk of his staff.

Westergren has run out of money, which forced to him to lay off his entire staff (except for those willing to work for free).

Teach Away made headlines in Houston that year when, soon after news broke that the state would lay off hundreds of teachers in the region, the company announced it would hire 1,000 teachers to be deployed in Abu Dhabi.

Some companies, like Southwest Airlines (LUV), choose on principle not to lay off workers — even during a financial crisis.

The news comes a day after Twitter announced plans to lay off up to 336 employees as part of its cost - cutting efforts.

Chevron Corp, the second - largest U.S. - based oil producer, slashed its 2016 capital budget by 25 percent and said it would lay off roughly 10 percent of its workforce, one of the most - drastic reactions to date to the plunge in crude prices CLc1.

While there are many reasons it would be foolish for finance professionals to immediately lay off half their staff, any good investor will leverage technology.

It's a vicious cycle, so lay off the afternoon cola and candy bar.

The news comes nearly two months after the hospital operator said it would lay off about 1,300 employees in order to save $ 150 million next year.

The economy might be prospering now, but that won't last forever: «The party has to stop sometime, and when it does, employers will lay off workers,» the study says.

CNBC reported on Wednesday that the company would lay off about 100 engineers, just weeks after CEO Evan Spiegel said the company's recent headcount growth would continue.

TORONTO — BlackBerry (TSX: BB) could lay off as many as 5,000 employees in the coming months in an effort to return the smartphone maker to profitability, according to a media report.

Westech stood by its employees even when the price of oil fell to $ 26 a barrel, with Lapp proudly noting that the company did not lay off a single person.

«There will be a challenge, in my mind, for the Fed to lay off let the market correct to where it should be on any...

In addition, the state previously announced plans to lay off 22,000 teachers.

Sure, you can always hire full - time staffers now and lay them off down the road should business slow.

«I'm more than happy to bring back the employees that we were forced to lay off during the depressing period,» Longhi said in an interview on CNBC.

His tweet seems to indicate that Trump knew about Flynn's misdeeds when he was pressuring Comey to lay off of the former national security adviser.

In 2011, Teach Away made headlines in Houston when, soon after news broke that the State of Texas would lay off hundreds of teachers in the Houston area, the company announced plans to recruit 1,000 teachers to be deployed overseas.

Today's must - read story is from Fortune «s Leigh Gallagher and it features an exclusive interview with Maren Kate Donovan, founder and CEO of virtual assistant startup Zirtual, who talked about flawed financial projections and what caused her company to lay off 400 people earlier this week before announcing that Zirtual will be acquired by Startups.co.

Start - up darling Fab.com announced today that it will lay off just over 100 employees across the board, according to a post on the company's blog entitled «Path to Profitability.»

Even Germany, long the leader in the solar industry and the model for politicians like McGuinty, is seeing major producers lay off workers and its global market share shrink.

Here's a classic example, courtesy of a 2013 Inc. article, which describes how the owner of a management consulting firm fell into a crippling depression when, following the financial crisis, he had to lay off employees.

PITTSBURGH — Paint maker PPG says it will lay off about 1,100 people and take a pretax restructuring charge of between $ 80 million and $ 85 million in the second quarter.

The company will lay off most of Snap Channel's 15 - person team, though possibly reassigning a few junior managers elsewhere.

HOUSTON, April 10 - U.S. shale oil producer Devon Energy Corp said on Tuesday it would lay off 300 workers, roughly 9 percent of staff, part of a plan to streamline its operations.

It is still working through past missteps, such as its $ 7.2 billion acquisition of Nokia's ailing phone business, and continues to lay off thousands of workers.

Earlier this year, Zynga announced it would lay off 18 percent of its global workforce.

Rent - A-Center said it plans to lay off 25 % of its staff in order to cut cost, the Dallas Business Journal reports.

In the next few weeks, Mayer, having run out of other options, is expected to lay off a hefty chunk of her work force and begin the process of spinning off the core businesses of search, messaging, and media.

When it's time to scale the other direction, it's much easier to stop handing out freelancer contracts than it is to lay off full - time employees.

Kraft Heinz will close seven factories and lay off about 2,600 employees, a spokesman for the food company said Wednesday.

Last week, Microsoft said it would lay off thousands of salespeople as it continues to emphasize its cloud business.

Brands in the new combined media entity, to be named Oath, could lay off a total of about 2,100 staffers, or about 15 percent of the workforce, the source familiar with the matter said.

He was forced to lay off his entire staff.

The nation has pledged to shut down significant portions of excess capacity and lay off workers, but some analysts say the policy response so far has been incoherent.

Thus, the other school of thought says not to lay off salespeople during times of uncertainty.

Once all local events in New York are completed by Oct. 1, the company plans to lay off dozens of part - time employees.

Now, nobody likes laying people off — which is why most organization lay off the smallest number of people they can.

«When inDinero ran out of funding and I had to lay off our staff several years ago, I learned to never read or believe your own headlines, good or bad.

The meal - kit - delivery company disclosed Wednesday in a regulatory filing that it would lay off 6 % of its workforce.

Focus your energy and know when to lay off and find the humor in a situation.

When companies lay off large numbers of staff or fail completely, a fresh wave of talent is free to launch new startups that are more relevant to current markets and consumer needs.

The reasons Goldman plans to add 1,000 jobs to its Singapore offices in the near future, and to lay off about that number world wide to make room for them, are reportedly regulations and a need to cut costs.

«It's hard to see it from the employee's standpoint, even though you were an employee at one point — if you're in a company that has no choice but to lay off employees, would you want to be treated like that?»

Research by the US Department of Commerce, Bureau of Census shows that family businesses are less likely to lay off employees regardless of financial performance.

«If business turns down, he has us lay off workers.

Merkel refused to former President Barack Obama to even consider such a thing, and official international organizations like the Organisation for Economic Co-operation and Development and the International Monetary Fund have never asked Germany to lay off its totally inappropriate beggar - thy - neighbor policies.