News Stories Related To: Telecom Giant BT announces to cut 10,000 jobs...Have Recession Started to Bite Already??
By: IdleMind 
In its half-year results, the company said that it has already cut 4,000 employees, while a further 6,000 will go between now and March.Consultants, contractors and offshore staff...
-
- Share:
-
-
-
-
-
- Read full report
Reach
Credibility 
Reported by IdleMind
Cell phones use report code: Related Allvoices Contributions
-
By: BiodunIginla
Report: Administration plans big pay cuts at bailout firms
about 1 month ago
-
Report: US 'plans bail-out firm pay cut'
about 1 month ago
-
Report: President Barack Obama's stimulus plan cannot reach all industries
about 1 month ago
-
By: ChrisSieroty
Report: Tribune Newspapers To Close Dec. 31
about 1 month ago
Related news stories
- Add A News Story |
- Filter By:
- All
- | Local
- News Source: International Business Times | about 1 year agoThe company said profits rose because last year's earnings were artificially weighed by a large one-time restructuring cost, so the job cuts--which come on top of 4,000 already made--were necessary to improve overall profitability. The majority of...
- News Source: Asian Age | about 1 year agoThe majority of the job cuts will be in the area of indirect labour, including agency, contractors, and offshore workers, including those based in India, the company said. At present, BT employs more than 20,000 people across the Asia-Pacific region,...
- News Source: The Scotsman | about 1 year agoNO apologies for this reading like the Blog of Doom. I've tried to remain upbeat in recent weeks but any optimism has been extinguished by the events of the past few days. Virgin Media (2,200 posts), GlaxoSmithKline (over 600 jobs) and Vodafone (...
- News Source: Xtra News | about 1 year agoThe International Energy Agency (IEA) slashed its 2009 oil price forecast to 80 dollars from 110 dollars on Thursday, saying imminent recession is strangling demand in rich countries and crimping emerging economies . The IEA made further big cuts to...
- News Source: Guardian Unlimited | about 1 year agoThe Federal Statistics Office said GDP contracted 0.5% in the third quarter, following a 0.4% drop in the second, which corresponds to the official definition of a technical recession – two consecutive reductions in GDP...Analysts had predicted...
- News Source: New Statesman | about 1 year agoAnyone who has ever experienced the misery of unemployment will have felt a chill on hearing this week's labour market statistics. It is a truth universally acknowledged that rates of alcoholism, drug abuse and depression rocket in times of recession.
- News Source: Uinta County News | about 1 year agoIn its half-year results, the company said that it has already cut 4,000 employees, while a further 6,000 will go between now and March. Consultants, contractors and offshore staff among the company's total workforce of 160,000 are to be worst hit by...
- News Source: Newsbreak Online | about 1 year agoF ilipino businessmen expect a grim economic scenario in 2009 as a more difficult credit environment is expected to translate to a recession, which will lead to job losses. In a survey of Makati Business Club (MBC) members, 87 percent of respondents...
- News Source: San Francisco Chronicle | about 1 year agoThe job cuts represent 12 percent of the company's global workforce and will come through a combination of workforce reductions, attrition and voluntary separations. The reduction is the second announced this calendar year by Applied Materials, which...
- News Source: Uinta County News | about 1 year agoThe Santa Clara, Calif.-based company reported declines in its fourth fiscal quarter and 2008 fiscal year sales, underscoring the tough times ahead for all of its markets. Applied Materials makes equipment for manufacturing chips, flat panels and...
Site Links
Site Topics
Contributions
- Report Your News
- Add your voice and contribute via your cellphone - check out how to Report News via Your Cellphone
- Blog Widget
- Widget for Blog Owner
