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Tag: layoffs
Chemical Industry, Housing Still Strong Amid Oil Layoffs
2015-04-24 07:58:45| Chemicals - Topix.net
Gas prices keep edging up while layoffs continue in the oil services industry. No word how many jobs have been cut in the Houston area, but industry analyst "With the layoffs, we're not going to see the jobs come back as fast as we lost them, unfortunately," says Flynn.
Tags: industry
strong
oil
chemical
U.S. Steel warns additional 1,404 employees of potential layoffs
2015-04-20 19:59:45| Steel - Topix.net
United States Steel Corp. may have further job cuts throughout its tubular operations, a spokeswoman for the company confirmed Monday. A total of 1,404 employees on Friday were issued notices under the Worker Adjustment and Retraining Notification Act.
Tags: additional
potential
employees
steel
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.
10 U.S. senators seek investigation into H-1B-driven layoffs
2015-04-10 08:41:03| Energy - Topix.net
Ten U.S. senators, representing the political spectrum, are seeking a federal investigation into displacement of IT workers by H-1B-using contractors. They are asking the U.S. Department of Justice, the Department of Homeland Security and the Labor Department to investigate the use of the H-1B program "to replace large numbers of American workers" at Southern California Edison and other employers.
Tags: seek
investigation
senators
layoffs
Bacardi Starts Layoffs in North America
2015-04-09 02:56:01| Beverages - Topix.net
Bacardi Ltd. said it began laying off about 10% of its staff in North America as part of a restructuring effort designed to reduce costs. The world's fourth-largest liquor company is eliminating fewer than 80 positions from its 600-person staff in North America.
Tags: north
america
starts
layoffs
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