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ICYMI: Coca-Cola's Atlanta Workforce Affected by Layoffs
2015-01-13 12:04:10| Beverages - Topix.net
Atlanta-based Coca-Cola has informed employees that a wave of layoffs which will eliminate thousands of jobs, including hundreds of jobs in Atlanta, will begin in the next few months, the Atlana Business Chronicle says. According to the Chronicle, the message was sent out to employees last Thursday that anywhere between 1,600 and 1,800 job cuts are in the offing as part of a four-year plan to slash costs.
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Oil price plunge means layoffs for Ohio steel workers
2015-01-07 16:32:40| Steel - Topix.net
United States Steel Corp said it would temporarily idle its pipe manufacturing plant in Lorain, Ohio and lay off 614 workers, largely due to weak demand from the oil industry. "The company has suddenly lost a great deal of business because of the recent downturn in the oil industry," the notice reads.
Canada: Layoffs loom in Albertas oil patch
2015-01-03 06:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Post: It`s been years since David Yager has seen multiple For Sale and For Rent signs in Fort McMurray, the northern Alberta city that is usually crawling with workers from across Canada looking to make a buck in the oilsands boomtown. In times when the provinces unemployment rate plunged below 4%, workers paid exorbitant rents to live in Fort McMurray garages. In late December of this year, amid predictions of a spike in the provinces unemployment rate, bachelor suites in Fort Mac were being...
Chennai group looks to sue TCS for 'lay-offs'
2014-12-28 11:13:08| IT Services - Topix.net
Says more than 120 who lost jobs have approached it; TCS says workforce optimisation leads to some involuntary attrition, nothing out of ordinary Chennai-based group called Young Tamil Nadu Movement has said it is rounding up persons who have allegedly received pink slips from Tata Consultancy Services. It is looking to take on TCS legally.
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General Motors Shows It's Serious About Strengthening Cadillac by Using Layoffs
2014-12-10 22:23:27| Automakers - Topix.net
The layoff reduces to two shifts from one the work force building Cadillac ATS and CTS models in a move to shrink the output of those models, whose inventory has been swollen due to slow sales. With less output, GM's revenue surely will take a hit, but the longer-term objective is to strengthen Cadillac's pricing by reducing the discounts that once were GM's preferred method for shrinking inventory.
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