Ford said last week it would cut 1,400 staff positions in North America and Asia, a small fraction of the 20,000
job reductions some news outlets had reported were imminent.
Nevertheless, while British union workers and students took to the streets to express anger over
jobs reductions and tuition hikes, the general reaction to Osborne's measures was nothing like what has been taking place on the Continent.
«While
job reductions are never our first alternative and we strive to minimize them, in a merger of this size they are necessary given some overlap in functions,» the spokesperson said.
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.
Job reduction doesn't always spell a permanent void; new jobs rise from the ashes of the old ones.
Management has undertaken several cost - cutting initiatives in recent quarters, including
job reductions, which appear to be progressing well.
Both SolarCity and SUNY Polytechnic Institute officials deny
the job reductions are a setback.
Yesterday, the Local Government Association warned that councils would have to make up to 100,000
job reductions — equivalent to about one in ten local authority workers - in the wake of the spending cuts.
They will also work with public - sector bodies to cut working hours or even pay in an attempt to reduce
job reductions.
It's unclear if
these job reductions are part of an overall or coordinated effort to restructure the state's myriad authorities and public corporations — a system that has been criticized by Gov. Andrew Cuomo who has made «right - sizing» government a priority.
Duffy, a former mayor of Rochester who said he grew up in a «Kodak neighborhood» added that the silver lining in all
the jobs reductions over the years is that Rochester continues to have a vibrant workforce of people well - versed in technology and engineering.
However, both SolarCity and officials with SUNY Polytechnic Institute, which is spearheading construction of the 1.2 million - square - foot facility with $ 750 million in state funding, deny that
the job reductions reflect a setback for the project, which has experienced cash flow issues in recent months and may be the focus of a federal probe by U.S. Attorney for the Southern District Preet Bharara.
Health + Hospitals spokesman Robert DeLuna confirmed the number of layoffs /
job reductions and savings.
This increase, correlated with the fact that the recent economic crisis brought salary costs and
job reductions, contributed to teachers» impossibility to make ends meet.
There is a need for retraining, but even that has its difficulties, as technology is changing rapidly enough that more areas may face
job reductions.
The job reductions principally affect Cadwalader's New York, Charlotte, and London offices (the majority are in New York); one or two Washington, D.C., lawyers also face cuts, White says.
Also, while most affordable life insurance for seniors over 50 to 80 age plans pay reduction of life benefits only, MPI has the impairment and
job reduction payment options, too.
Now I add in this post the following thought - provoking question: During a time when competition is growing because of many
job reductions, can anyone really afford not to have a professional with more experience write their resume?
Not exact matches
While a lower unemployment rate is certainly better than a higher one, the rate doesn't capture workers who've quit looking for a
job, part - time workers who wish to work full - time, or workers who've experienced a significant wage
reduction in a new
job after they lost their old one.
Shell does a better
job of describing what will be needed to achieve holding temperature rise to no more than two degrees Celsius, including setting itself ambitious carbon
reduction targets.
However, with technology - based education initiatives likely to see a
reduction in federal and state funding in the coming years, the public sector will likely not have the resources to step in and help bridge the gap between a lack of skilled workers and unfilled
jobs.
However, as long as there is not significant
job loss or
reduction in economic growth, there does not appear to be a great deal of harm in having a higher minimum wage even if the benefits are relatively modest.
Shares in iron ore hopeful Sundance Resources were stripped of half their value after the company announced an aggressive cost
reduction strategy that includes
job cuts and a
reduction in board size and remuneration.
Republicans struck on a Congressional Budget Office (CBO) report that projected that Obamacare would lead to a
reduction of 2.5 million full - time equivalent
jobs in the workforce.
We don't want to harm productivity, growth,
jobs or competitiveness by spending money on clean energy or emissions
reductions.
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.
Those
reductions came on top of the 5,000
jobs the company has cut since it launched a restructuring effort last year.
It is important to note that this is a
reduction in force (RIF)- we are not cutting these
jobs for performance reasons.
The goal was to draw attention to the digital economy's warts: the disappearance of
jobs and the
reduction in median family income.
The latter involves around 2,600
job cuts and
reductions in benefits, and South Korean unions have provided fierce opposition.
The
reductions will affect 138 of the
jobs in the retailer's information technology department, 99 in finance and eight in payroll.
«Marcelo has done a remarkable
job of turning around the Sprint brand and business, driving enhanced network performance, strong subscriber growth and significant cost
reductions leading to the best financial results in Sprint's history,» said Masayoshi Son, Chairman and CEO of SoftBank Group Corp. «Marcelo has also positioned Sprint as a leader in the race to 5G, which promises to revolutionize the communications industry.
«The recent changes will provide an important incentive for many countries to open their markets to Canada through reciprocal trade agreements that will allow for more export opportunities — meaning better
jobs for Canadians — and further tariff
reductions for Canadian consumers.»
One study by economist Elaine McCrate found that any
reduction in wages associated with the benefit of flexibility is modest at best and, in fact, many
jobs with greater flexibility have higher wages.137 Furthermore, the volatility of earnings for many independent contractors would offset any compensating wage differentials, because workers can not compare the value of flexibility to higher earnings when they aren't able to predict their earnings as independent contractors.138
An economic plan designed to grow the economy 4 % per year and create at least 25 million new
jobs through massive tax
reduction and simplification, in combination with trade reform, regulatory relief, and lifting the restrictions on American energy.
We're seeing a lot of proposals in Congress that aren't accompanied by a lot of thought or analysis of what impact a deep cut in travel budgets could have,» such as a
reduction in services for taxpayers and for veterans, and fewer
job - related conferences.
The
JOBS Act has facilitated a substantial
reduction in the regulatory burden surrounding financing activities for small companies in public and private capital raising transactions.
More Jobs, Less Pollution: Growing the Recycling Economy in the U.S. shows the economic and environmental benefits of achieving a 75 percent national recycling rate, including
job creation — particularly in manufacturing, pollution
reduction and the strengthening of local communities and employment bases.
«we estimate the last 1.5 percentage point
reduction in corporate tax rate would increase Canadaâ $ ™ s capital stock by about $ 30 billion and employment by about 100,000
jobs in the long run (4).
According to Reuters «ideas about binding commitments to extend the Toronto debt
reduction goals at a summit hosted by Canada in 2010, sought by Germany first and foremost, have been abandoned» Mr. Harper and Mr. Flaherty would appear to be still living in the Toronto Summit, while the rest of the G - 20, except perhaps Germany, has moved on to confront more pressing issues, including the growing risks of global instability and the need to strengthen growth and
job creation.
For example, one of their commissioned studies says that a
reduction in regulation (Ontario level to Alberta level, however measured) will yield a total of 10,600
jobs.
The records shed new light on why WEDC, the state's
job - creation and retention agency, didn't contact the multinational food conglomerate between the announcements of its merger in March and the planned closure of Oscar Mayer and
reduction of 1,000 local
jobs in November.
As usual, it generated some controversy, dismissed by the Government over the impact of the
job losses resulting from the proposed spending
reductions, but embraced by the Opposition, for acknowledging the
job losses.
«[We'll provide immediate and permanent help for Canada's hard working small business people, who are the backbone of the local communities and the creators of 80 per cent of all new
jobs in this country,» Mulcair said, in announcing the nearly 20 per cent tax
reduction.
Those projected surpluses are a bit of a patch
job, held together by baling wire and duct tape: they depend on some conveniently timed asset sales (e.g., the divestment of the federal government's GM holdings) a delayed
reduction in EI contribution rates — and continued spending restraint.
The steady lowering of international trade barriers over the past half century has been a driving force behind
job creation and poverty
reduction in countries around the world.
Let's further assume cashier
jobs across the board see a
reduction of 40 %.
Amounts also depend on whether or not they help create
jobs or support public policy goals such as energy
reduction, minority business development, or business district revitalization.
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.
Typical benefits reported by Telematics customers include a 20 % increase in completed
jobs per day, a 10 %
reduction in fuel spend,... read more →