Archive for July, 2016

China July factory activity unexpectedly dips on softer orders, flooding

Both surveys showed persistently weak demand at home and abroad were forcing companies to continue to shed jobs, even as Beijing vows to shut more industrial overcapacity that could lead to larger layoffs. And other readings on Monday pointed to signs of …

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It’s time for Greene County to move beyond coal mining

“People have that mentality – and they’ve lived it – that layoffs are temporary,” said Greene County Commissioner Blair Zimmerman, who worked in the mine for 40 years. “But times have changed. It’s not the same world. “Reality is punching …

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The Tim and Marni Show hits Yahoo HQ as the real work begins on what will be a ‘thorny’ integration with AOL

The questions asked of Armstrong and Walden by Yahoos at the session were not much of a surprise, including about future strategies, what would happen to various units like email and search and, perhaps top of mind, when would the layoffs begin.

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Court suspends Ericsson sack letters as firm flouts order halting layoffs

139 employees on June 7 obtained a court order barring Ericsson from implementing the sack before the firm has revealed the severance package it will offer to affected staff. Over 100 Ericsson Kenya employees want the High Court to jail the electronics …

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India to airlift jobless workers from Saudi Arabia

The government will evacuate a large number of Indian workers facing uncertain future in Saudi Arabia following widespread layoffs. A senior official source told The Hindu, off the record, that India is arranging exit visas for jobless citizens …

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US Layoffs and a Sting Operation – Best Stories of the Week

During the passing week the most interesting stories from the online trading industry included an exciting new agreement, an updated trading platform, a legal dispute between two brokerages that had been partners, and the apprehending of a Cyprus brokerage …

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