Archive for July, 2017

Westinghouse power plants abandoned in South Carolina as nuclear firm plans layoffs

In a major blow to Westinghouse Electric Co. and the American nuclear industry as a whole, two utilities in South Carolina announced they would abandon building two AP1000 nuclear power plants. These two plants, along with a pair being built in Georgia …

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Brunswick announces layoffs, temporarily furloughs in Palm Coast facility

Last week, Brunswick announced a reduction in force as well as a furlough to its employees at the company’s Palm Coast boat production facility in Florida. No other Brunswick facilities are affected. “These actions were to align our production levels …

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Glatfelter announces layoffs at Spring Grove facility

(York) — Citing market challenges tied to supply and demand, Glatfelter has announced the elimination of about 120 positions, 30 of which will be from its Spring Grove facility. The company plans to cut a total of 70 salaried positions across Glatfelter’s …

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After merger talks with Flipkart fail, Snapdeal may lay off 80% workforce

With the collapse of its ongoing merger talks with Flipkart, online marketplace Snapdeal may witness mass layoffs as the company looks to cut down 80 per cent of its employee strength, media reports said. According to a report in ANI, the management has …

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Reports: IBM layoffs hit Watson Truven Health group, including RTP

Research Triangle Park, N.C. — IBM Watson employees at various locations around the country found out Friday night they are losing their jobs. Watson Health, one of IBM’s bests for the future of the tech giant on cognitive computing and artificial …

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Despite multiple layoffs, Indians confident of getting job within 3 months

Even as sectors such as IT spook markets with mass layoffs, majority of employees in India are confident of getting a new job within 3 months. Apart from the confidence levels on jobs, majority of the Indian professionals surveyed global HR firm Micheal …

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