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Rolls-Royce eyes job cuts this month as aerospace market shrinks

British aero-engine maker Rolls-Royce signalled on Thursday it expects to cut some of its workforce to respond to the slump in the global aerospace market, saying it would inform affected employees before the end of this month......»»

Category: topSource: reutersMay 7th, 2020

Hawaii governor proposes 20% pay cuts for state workers during COVID crisis

Hawaii Gov. David Ige said Tuesday that he will take a pay cut and is considering imposing a 20% pay cut for some state employees, including teachers, to aid in offsetting a drop in state tax collections caused by the economic effects of COVID-19. .....»»

Category: topSource: bizjournalsApr 16th, 2020

Coronavirus testing company furloughs workers

Quest cuts pay and freezes benefits for 47,000 employees, but says COVID-19 testing won't be affected......»»

Category: topSource: moneycentralApr 14th, 2020

Siemens CEO rules out job cuts from coronavirus impact

Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be extended in Germany......»»

Category: topSource: foxnewsApr 11th, 2020

Siemens CEO rules out job cuts from coronavirus impact

Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be extended in Germany......»»

Category: topSource: reutersApr 11th, 2020

Rover cuts half its workforce amid "devastating" downturn

The layoffs affected 194 employees, including 138 at its Seattle headquarters. Aaron Easterly, the CEO, is forgoing his salary while other executives take cash compensation cuts......»»

Category: topSource: bizjournalsApr 3rd, 2020

WeWork is planning to lay off thousands of people — up to 25% of its employees — as its new CEOs focus on the core business

WeWork WeWork is planning to lay off between 10 and 25% of its workforce, a source familiar with the situation told Business Insider.  The cuts come as new CEOs Artie Minson and Sebastian Gu.....»»

Category: topSource: businessinsiderOct 3rd, 2019

Portland online code school cuts staff

Online code school Treehouse laid off several employees this week as it refocuses its products on apprenticeship and its mission on diversifying the tech industry. Word of the layoffs started to reach social media Tuesday with those affected talkin.....»»

Category: topSource: bizjournalsJun 5th, 2019

Ford plans thousands of job cuts overseas

The automaker offered voluntary separation programs for employees in Germany and the UK to help accelerate its plant to improve performance in the region, where Ford has struggled......»»

Category: topSource: moneycentralMar 15th, 2019

Ford plans thousands of job cuts overseas

The automaker offered voluntary separation programs for employees in Germany and the UK to help accelerate its plant to improve performance in the region, where Ford has struggled......»»

Category: topSource: moneycentralMar 15th, 2019

Siemens makes deal with German unions on job cuts

ZURICH (Reuters) - Siemens said it had agreed in principle with trade unions about its plans to cut jobs and restructure its struggling Power and Gas (PG) and Process Industries and Drives businesses in Germany......»»

Category: topSource: reutersMay 8th, 2018

Post-Dispatch lays off 5 newsroom employees

The St. Louis Post-Dispatch on Monday laid off five newsroom employees. A spokeswoman, Tracy Rouch, would not name the affected workers, but people familiar with the matter said the cuts included four reporters and one photographer. The newspaper's conta.....»»

Category: topSource: bizjournalsJun 19th, 2018

Siemens warns of dangers of xenophobia after violent protests in Germany

Siemens is urging its employees to speak out following a series of violent protests in Germany......»»

Category: topSource: cnnSep 5th, 2018

Movement Mortgage lays off 180 people in third round of cuts this year

Fort Mill-based Movement Mortgage laid off 180 employees nationwide last week, its third round of layoffs this year. The Charlotte region is taking the majority of the hit, as 75 employees received pink slips. Other areas affected include: Norfolk, .....»»

Category: topSource: bizjournalsOct 8th, 2018

Source: AT&T cuts jobs in Redmond

A former employee said as many as 40 Redmond-based employees were laid off last summer and more cuts came Monday. The company has confirmed layoffs in its overall workforce......»»

Category: topSource: bizjournalsFeb 1st, 2019

Germany to seek antitrust reform in 2020 EU presidency: source

Germany will seek to reform competition law during its European Union presidency in 2020, a government source told Reuters on Wednesday, hours after antitrust regulators blocked a rail deal between Siemens and Alstom......»»

Category: topSource: reutersFeb 6th, 2019

The full list of major US companies slashing staff this year, from Tesla to Google and Apple

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Amazon, IBM, Google, UPS and Tesla are among those shedding staff. Elon Musk informed Tesla employees that the company would be making cuts overni.....»»

Category: smallbizSource: nytApr 15th, 2024

American Savings Bank and Federal Home Loan Bank of Des Moines invest in local organizations, communities

Hawaii Community Lending received the largest gift of $400,000 to assist Lahaina homeowners affected by the Maui wildfires last August......»»

Category: topSource: bizjournalsApr 11th, 2024

Whole Foods plans layoffs as part of reorganization involving merchandising, operations, HR, and tech teams

The company said it expects layoffs to impact a small percentage of employees and won't involve cuts from individual stores or distribution centers. Alex Tai/SOPA Images/LightRocket via Getty Images Whole Foods is layin.....»»

Category: topSource: businessinsiderMay 13th, 2021

Oahu hotel workers now eligible for free Covid-19 testing

The City and County of Honolulu has launched free Covid-19 testing for hospitality industry employees through a partnership with the National Kidney Foundation of Hawaii Consortium......»»

Category: topSource: bizjournalsApr 16th, 2021