5,000 jobs to go at Shell as profits plunge 73 per cent
Friday, October 30th, 2009Cost-cutting plan will strip out 10 per cent of the company’s global workforce
Source:The Independent
Archive for October, 2009
Sun Microsystems to cut 3,000 jobs
Tuesday, October 20th, 2009Sun Microsystems said it will cut 3,000 jobs over the next year, citing delays in its pending acquisition by Oracle, according to a regulatory filing released on Tuesday.
Source: CNN
U.S. Initial Jobless Claims Decrease to 10-Month Low
Thursday, October 8th, 2009The number of Americans filing first- time claims for unemployment benefits fell last week to the lowest since January, a sign the labor market is deteriorating more slowly as the economy emerges from the recession.
Source: Bloomberg
Obama Weighs Spending to Stem Job Cuts Without Second Stimulus
Tuesday, October 6th, 2009President Barack Obama is considering a mix of spending programs and tax cuts to respond to widening job losses that would amount to an additional economic stimulus without carrying that label.
Source: Bloomberg
Challenger says layoff announcements at 18-month low
Thursday, October 1st, 2009The outplacement firm Challenger Gray and Christmas reported today that planned layoff announcements fell from 76,456 in August to 66,404 in September, the lowest level since March 2008.
Source: Examiner.com
