Archive for October, 2015

Chevron to lop up to 7,000 positions

Many of the layoffs will be in Australia, he said, and an unspecified number will be in the U.S. Chevron has 64,700 employees. Exxon doesn’t announce job cuts, and a spokesman declined to say whether the company had reduced its head count in response to …

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Layoffs in Malaysian banks a symptom of slowing regional economy, analysts say

Asian Development Bank lead economist (trade and regional cooperation) Jayant Menon said the sluggish economy in the region, chiefly in China but with a larger than expected effect on its trading partners such as Malaysia, would affect many sectors of the …

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UPDATE: Big cuts made at mines in Wyoming Co.

PINEVILLE– Local residents are unanimous in their belief that the layoffs at a local mine will drastically hurt the city of Pineville. Multiple people we spoke with Saturday are frustrated with the 250 reported layoffs at Cliff’s Natural Resources …

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Jobs and wages biggest cost to be cut by oil and gas firms

So there is that,” he says, “but I still suggest it’s the labour cost that is going to be front-and-centre with these companies, and we’re seeing that unfortunately with announcements of layoffs.” Premier Rachel Notley recently came out and says …

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Mad Max And Just Cause 3 Developer Avalanche Studios Suffers Layoffs

With Just Cause 3 out in a few weeks and Mad Max complete and shipped, developer Avalanche Studios has suffered two rounds of layoffs. Job cuts began this summer in Stockholm after Mad Max was released. Avalanche maintains two offices. The original …

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Midwest’s frac sand industry falters as oil prices drop

“I expect continued layoffs and closures well into 2016 to right size sand supply to match greatly reduced oilfield activity,” Bellamy said. “It likely will be 2017 before we are on firmer ground, by which time I expect oil to have strengthened to the $55 …

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