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With companies adopting cost cutting measures because of the economic downturn, the next three to six months are expected to be a tough period for private sector companies, according to a top official of a HR service provider. "The next three to five...
Tags: economic downturn, global crisis, crisis, cut
THE Rudd government will inject up to $83 million into the local venture capital pipeline as a stop gap measure to try and prevent promising tech companies going under due to the global financial crisis. The Innovation Investment Follow On fund is aimed...
Tags: clean energy, energy, jobs, job, cut
Target adherence is now pegged at 93 per cent and expectations are that the Emirates will near full compliance in March due to field maintenance work and cutbacks in customer nominations," said the Paris-based IEA, which advises 28 industrialised nations...
Tags: production, cut
The state's largest school district plans to create a sweeping performance-pay system for everyone who has contact with students, giving bonuses for improvement in math, reading, writing — even art. Jefferson County school administrators and teachers-union...
Tags: jefferson, stimulus, stimulus package, obama, money, cut, economy
Dozens of New Castle County union workers rallied tonight in Wilmington, calling on elected leaders to fill the $40 million hole in the county budget by raising property taxes instead of enacting layoffs or furloughs. We're out here to ask all the council...
Shafiei further pointed out that people will use public transportation when use of personal cars is limited. “We have several long-term plans to restrict personal cars usage...Increasing fuel prices and parking fee in city centers are other possible ways,”...
The US unemployment rate soared to a 25-year high in February after 651,000 jobs were lost as the economic downturn tightened its grip. The fall was roughly in line with expectations but at 8.1pc the unemployment rate was higher than the 7.9pc predicted...
Tags: unemployment, employment, apple, prediction, iphone, job, cut
Due to losses sustained by its investment endowment, the University of Washington will cut 34 full-time fundraisers from its Advancement office and reduce 16 full-time positions to part-time status...Returns from the UW endowment, which has lost about...
Members of the largest union representing state workers have overwhelmingly ratified a two-year contract that freezes base wages in the first year. Under the agreement, workers will receive a 2 percent increase in July 2011. Danny Homan, head of the...
Senate budget writers Thursday advanced a recommendation that would cut higher education funding 13 percent. The move came despite warnings over the past few weeks from Kansas University and other schools that a cut like that would mean layoffs, the elimination...