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New York Times to cut 25 jobs next year13-NOV-09
US daily The New York Times will lay off at least 25 editorial employees at the news service next year and would move the operation to Florida-based newspaper Gainsville Sun.
Fortune to publish fewer issues annually24-OCT-09
Time Warner Inc’s popular business magazine Fortune is planning to publish fewer issues annually and make other changes that could result in job cuts, says a media report.
US initial jobless claims fall by 33,00008-OCT-09
The US jobless rate soared to a 26-year high of 9.8 per cent last month as companies continued to trim their workforce despite the economy showing signs of recovery.
Obama weighs spending to stem job cuts07-OCT-09
President Barack Obama is considering a mix of spending programmes and tax cuts to respond to widening job losses that would amount to an additional economic stimulus without carrying that label.
Russia's AvtoVAZ to lay off 36,000 employees11-SEP-09
Russia's largest car maker, AvtoVAZ, plans to lay off 36,000 employees including 5,000 white-collar staff by December 1, following dipping auto sales and mounting losses.
UK govt under attack for backing RBS plans to shift jobs to India11-SEP-09
The government of Prime Minister Gordon Brown has come under attack for allowing the Royal Bank of Scotland to transfer jobs to India as part of its efforts to cut costs.
Japan Airlines to cut 1,000 jobs, seek more loans: Sources10-SEP-09
Japan Airlines Corp (JAL), restructuring under state supervision, is likely to tap financial institutions for around 170 billion yen in additional loans while considering cutting more than 1,000 jobs through an early retirement program after October, sources said.
We have pulled this economy back from the brink: Obama10-SEP-09
US President Barack Obama today said the "bold and decisive" steps have been taken by his administration after inauguration has pulled America's economy back from the brink.
Orange, T-Mobile merger may see 1,000 job cuts in UK: Report09-SEP-09
More than 1,000 jobs could be lost in Britain as a result of Orange and T-Mobile's merger to create the country's largest mobile phone operator, says a media report.
US private cos cut 2,98,000 jobs in Aug02-SEP-09
Non-farm private employment decreased 2,98,000 from July to August 2009, according to the ADP National Employment Report released today.
Gems, Jewellery workers see rise in wages despite layoffs09-AUG-09
One person's loss is another's gain, and this truism has been amply borne out of the evidence in the gems and jewellery sector, which is among the worst-hit by the slowdown.
US unemployment rate slips to 9.4%07-AUG-09
The number of jobs lost in the US came down sharply by 247,000 as the unemployment rate declined to 9.4 per cent in July, one of the strongest indications yet that recession in the world's largest economy is easing.
Layoffs rise first time in 6 months; 97,000 job cuts in July06-AUG-09
Job cuts announced by US employers jumped 31 per cent in July to over 97,000, increasing for the first time in six months, warning of a further hike in downsizing activity by the last quarter of the year, a report said today.
Mallya's Whyte & Mackay to cut 85 jobs in Scotland04-AUG-09
Recession-hit whisky major Whyte & Mackay, which was bought by Indian liquor baron Vijay Mallya in 2007, has announced plans to cut 85 jobs in Scotland.
News Corp plans shakeup of Star Asian TV: report24-JUL-09
News Corporation is planning a sweeping shake up of its Star Asian television operations, including a sharp cut in jobs in Hong Kong and the rest of the region, the Financial Times said today.
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