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Tag: mass layoffs
Mass Layoffs Around the U.S. are Threatening the Sanitation Industry
2020-05-05 09:00:00| Waste Age
In Arlington, Texas, city leaders have asked local government agencies to plan for reductions in spending of 10 to 25%, which could lead to layoffs and furloughsand, in turn, significant impacts on the public sector and first responders. Such reduct
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Mass layoffs in China's coal country threaten unrest
2015-12-20 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: In the dank shower room where the miners soak, the coal dust from their bodies staining the water chocolate, a lone worker sat smoking a cigarette, staring at the floor. He lingered, he said, because since his pay had been cut in half, he had been eating dinner at his parents apartment, and he dreaded the humiliation of going there again. If any of the leaders would do their job properly, the situation would not be like this, said the worker, Mr. Guo, 39. If they want to sack me, they should...
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Why more mass layoffs are unlikely in the oil industry
2015-04-18 15:43:45| Oil & Gas - Topix.net
Despite heavy pressure on energy prices from a glut of crude oil, Wall Street doubts many companies will follow oil-field services company Schlumberger Ltd's example and lay off thousands of workers. Most industry analysts are predicting oil prices will recover over the next year, so companies, especially oil producers, may be reluctant to fire employees - incurring severance and other related expenses - only to have to hire them back a short time later.
Mass layoffs under way at Sprint
2014-10-03 23:42:31| Telecom - Topix.net
A good rule of thumb: When the new boss starts talking about making the company more efficient, he or she usually means that jobs aren't too safe. New Sprint CEO Marcelo Claure wasn't on the job for more than a day before he started talking about " becoming extremely cost efficient " in the short term at the Overland Park telecommunications company.
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mass layoffs
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