Sentences with phrase «of job cuts»

He also dug deep into the company's operations to cut costs, which included closing manufacturing facilities and making thousands of job cuts.
The number of job cuts expected in the NHS has nearly doubled in the last few months, according to new research.
He knows every number on a page of job cuts represents someone's life.
The company is expected to announce thousands of job cuts this week.
Instead, however, I believe that there are two maybe three major factors in this latest round of job cuts at Lexis in the USA
Layoffs have hit LeEco globally, with hundreds of jobs cut at its offices in India and in Hong Kong.
It will add that «it is not clear» how the department will operate as a result of job cuts and office closures, and that «the absence of a clear model of how the department will operate in future creates uncertainty and risks unsettling staff whose morale is already low».
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.
The size of the job cuts is large enough that San Diego - based Qualcomm will have to file a WARN notice, or Worker Adjustment and Retraining Notification, with the state of...
«Tens of thousands of job cuts in some of Britain's most deprived regions will have tragic consequences.
It talks about the current and looming round of job cuts from big dogs like Abbott Laboratories, Bristol - Myers Squibb, Endo Pharmaceuticals, Lundbeck, Lonza, and Johnson & Johnson.
Revenue and Customs are recklessly pursuing their programme of job cuts and office closures which will damage services and important face - to - face advice.
RIM said the financial impact of the job cuts would be disclosed when the company announces its second quarter results on September 15.
First, there were stories that the company was limiting Canada's supply to punish Rogers — leading to thousands of job cuts among Rogers temp staff who had been hired to move the phones on Friday morning.
Meanwhile, Yahoo recently made a round of job cuts with more expected in the coming months.
Rare earths miner Lynas Corporation had warned of job cuts as it plans to relocate its head office from Sydney to Kuala Lumpur.
Chief Executive John Flannery has promised to revamp GE into a leaner company by exiting several businesses and the company has already announced a series of job cuts to lower costs that have dented profits and disappointed investors.
In short, the challenge is improving returns while also incurring the costs of job cuts and restructuring efforts.
There will, of course, be some management synergies too, so a proclamation of no job cuts will no doubt be reversed soon enough.
Outlook cloudy: oil companies are making rafts of job cuts as uncertainty continues to roil the energy market.
Including a restructuring in September and another round of layoffs in October, this makes the third batch of job cuts in less than six months.
«Q3 has witnessed another wave of job cuts within government, oil and gas and financial services sectors, with further rationalization expected as large - scale mergers continue.
To a very large degree, Wall Street firms are trading stocks in their own unregulated stock exchanges called dark pools, or they're lending vast sums of money to hedge funds for wild gambles, or they're making loans to highly leveraged companies to become more highly - leveraged by buying out other companies — which will likely mean lots of job cuts rather than job creation along with piles of junk debt.
A further sharp decline in employment was recorded in August, with the rate of job cuts slowing only marginally from July.
The first tranche of job cuts, as flagged by The Australian Financial Review's Street Talk column last week, were confirmed by the bank on Monday morning.
Recruiters are hopeful that the pick - up in merger and acquisition activity will see some musical chairs among the investment banks, and put an end to four years of job cuts and hiring freezes.
«And as an abstract national debate about the deficit is overshadowed by personal experiences of job cuts and service reductions, there will be much more interest in economic alternatives.
The Chartered Institute of Personnel and Development (CIPD) calculates that the level of job cuts will be higher than the 500,000 predicted by the Treasury.
Public sector workers will be shocked and angry that they are the innocent victims of job cuts and pay freezes,» he said.
«I don't take that lightly, but I do think it's necessary,» Malloy said of the job cuts.
«The strategic question is: are you accelerating into a better future or shrinking to a niche operation,» said the source, who declined to be identified due to the sensitive nature of the job cuts.
BLM has begun a redundancy consultation affecting 29 Southampton staff in the latest round of job cuts for 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.
The Alliance says the justice system is in crisis with staff paying the price for unprecedented budget cuts and thousands of job cuts since 2010.
The latest round of job cuts follows the removal of 7,800 jobs from Microsoft's workforce in 2015, after its disastrous acquisition of Nokia's devices and services business a year earlier, which led to a further 1,850 jobs being cut in May 2016; and another 2,850 job losses in July 2016 as part of its Phone Hardware Restructuring Plan.
The purpose of the job cuts is to restructure the organisation and save around $ 200 million in costs, notes the report.
Considering this information, we believe it must be useful to know that about a half of all job cuts in the USA are usually announced in the fall.
A review of the thousands of job cuts show results for CBC, Kraft Heinz, TD, Scotia, Bell Media, Sears and Bombardier and that's just the first two pages!
Tube workers facing the prospect of hundreds of job cuts will not take this lying down and Londoners can expect months if not years of strikes and disruption as these proposals are fought.
EMC (emc) said on Thursday that it plans to spend $ 250 million on a restructuring plan that includes an undisclosed number of job cuts.
The size of job cuts is large enough that San Diego - based Qualcomm will have to file a WARN notice, or Worker Adjustment and Retraining Notification, with the state of...
Fujifilm shares fell 8.3 % on Wednesday ahead of its announcement of job cuts but after the Journal report about a deal with Xerox.
Tomorrow's event also comes as Her Majesty's Revenue and Customs pursue a programme of job cuts and office closures, with plans to close over 200 offices and cut 25,000 jobs by 2011.
Kevin Courtney, the National Union of Teachers general secretary, said it was «essential» that the trust abandons its proposals, while Chris Keates, who leads the NASUWT, warned the impact of the job cuts had «not been fully evaluated».
First, there were stories that the company was limiting Canada's supply to punish Rogers — leading to thousands of job cuts among Rogers temp staff who... [more]
Estimates suggest each day of the strike could cost # 50 million — the same amount of money Johnson is hoping to save as a result of the job cuts.
Although I still agree in theory that using a line of credit for an emergency fund is a more efficient way to manage your money — having survived several rounds of job cuts in the past year I have embraced the idea of having plain old cash as an emergency fund.
They have cut spending repeatedly, made thousands of job cuts and scrapped projects.
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