Blame it on ED!
300 employees to go at Agilent Technologies.
20% or 300 workers of Agilent Technologies workforce have been laid off due to the Economic Downturn. All departments in Santa Rosa have been affected including managers, engineers, marketing, human resources, finance, manufacturing and support.
Job losses = 300
Low prices in German sex industry blamed on ED!
Sodahead.com had a good piece on the suffering German sex trade:
The global economic crisis has affected every industry and profession in the world, even Germany’s oldest profession: Prostitution. Germany is one of the fewest countries in the world when prostitution is legal, but now, the demand for sex services has fallen by a huge percentage of 50%. Some German Brothels offer rebates, specials, and discounts – check out some of their popular specials:
- Most German brothels now offer “day passes”, have fun all day
- Senior citizens discounts
- Free shuttle bosses or taxi transportation
- 30% off specials
- Buy one get one free
- Berlin’s Pussy Club offers 70-euro admission charge for unlimited food, drink and sex between 10am and 4pm.
- Prices start at 30 euros. ($40USD)
Konkola Copper Mines (Zambia) lays off another 1300 workers.
The redundancies represent about 10% of the company’s entire workforce. Many of Zambia’s mining companies have been forced to make dramatic job cuts during the global Economic Downturn.
Yet another company blaming ED!
The 673 job losses over the weekend are on top of the 623 workers that were sacked on the 9th of April 2009.
Total losses = 1300
Airbus axes 250 jobs at Broughton.
AIRBUS is to shed 250 jobs as the Economic Downturn hits orders.
The company, which employs up to 7000 in Flintshire, is looking to make cutbacks at the North Wales wing-making factory complex.
Unions said they had been told the cuts were a result of a downturn in orders for the Hawker business jet.
ED blamed again for 3500 job losses at First Group.
First Group has announced plans to cut 3500 jobs – representing 3 per cent of its cost base – over the next year in one of the most drastic responses yet by a bus and rail group to the Economic Downturn.
FirstGroup, which has 140000 employees, said the job cuts would be split evenly between the US and the UK. About a third of the 1750 jobs to be axed in Britain will be in rail, with two-thirds in the bus division.
Total losses = 3500
Would scrapping the €10 tax bring back 50 Ryanair jobs?
Chief executive Michael O’Leary blamed the latest cuts (50 staff) on the new €10 travel tax and an increase in charges by the Irish Aviation Authority.
He called on the Government to scrap the tax.
What if the government did scrap that tax, would 50 jobs be saved or is that just a weak excuse from Michael O’Leary because his company is suffering in the Economic Downturn?
Job losses = 50
Friday the 13th, unlucky for some!
The following companies shed jobs this week:
- The Automobile Association (AA) has confirmed that 25 jobs will go in its media division, based in Basingstoke.
- Independent News & Media plans to make 60 journalists redundant out of 90 job losses at the firm, and said it would impose compulsory redundancies if there weren’t enough volunteers . (You will volunteer else you are fired – Ha Ha!).
- 30 Jersey shop workers are expected to be made redundant following the collapse of two high-street chains. 19 workers will lose their jobs at Pound World when the Channel Island retailer closes its doors for the last time on Saturday, and 8 workers at fashion chain Principles could be facing redundancy after the retailer announced that it had become the latest victim of the Economic Downturn.
- STAFF were left reeling after National Lottery operator Camelot announced plans to axe 45 of its 75-strong workforce in Aintree.
- Penguins has made redundant 5 of its 17 staff as part of a restructure it says is designed to arm the agency against the recession.
- Manufacturing is to cease at NCR’s Dundee plant with the loss of 252 jobs.
- UK manufacturing group Senior unveils plans to make 500 staff redundant.
- Dell has laid off staff at different sites worldwide in an effort to cut costs and streamline operations. The company did not provide an exact number of job cuts. However a company spokesman said that jobs were cut globally, including sites in Texas and North Carolina.
Blame it on ED!
Lots of companies are blaming ED for their troubles. Take Moneysupermarket.com – They are reporting major losses as the downturn deepens. They swung from a profit to a dramatic loss as the internet price comparison group becomes the latest victim of the economic downturn.
We will review the cost base, we will extract more value from lower online and offline marketing spend, we will re-engineer our systems and get closer to our providers and customers
The immediate task is to get leaner and more efficient, continue to generate cash and ensure the business is well positioned for when the recovery eventually comes
said Mr Plumb (CEO).
What a load of crap? These CEO’s think they can ‘talk the talk’ and suddenly everything will get better. Surely it’s a bit late talking business tactics and way to work better, when the shit has already hit the fan! You guys should have been doing that from the start, then you wouldn’t be in this position.
Ha Ha!
SRT to layoff 1000 people at Dublin Airport.
At least 1000 jobs are set to be lost following a decision by the aircraft maintenance firm SR Technics to close down its operations at Dublin Airport.
According to reports,
SR Technics has been carrying out an in-depth review and assessment of all lines of business across the entire Group, including an evaluation of their financial, operational and strategic impact. As a result of this review, the group intends to close its operation at Dublin Airport.
“Against the backdrop of adverse market conditions for the aviation industry and the global Economic Downturn SR Technics is restructuring its business to secure the group’s long-term future and to deliver the necessary efficiencies and improved productivity throughout the group.
Job losses = 1000
Citgo Announces 75 Layoffs in Venezuela after blaming ED.
Venezuela’s Citgo Petroleum says it’s laying off 75 employees because of the world economic crisis (WEC). The company says it’s restructuring to better adapt to the Economic Downturn.
Total losses = 75
Swiss chemicals firm Clariant slashing 1000 jobs worldwide.
The job losses represent five per cent of Clariant’s workforce and the company, based just outside the city of Basel, warned that more positions could be lost. The company, which operates sites in the north of England, Wales and Scotland, announced this morning that it is taking steps to respond to the Economic Downturn.
Job losses = 1000
Related Web Links:
820 jobs to be cut at the Dutch food group Vion.
Dutch-owned meat processing group is cutting 820 jobs around the country because of the Economic Downturn. Well that is part of it! They supplied meat products to a lot of the M&S Food Outlets but since M&S are closing these down because they were too expensive and where out of touch when things got tough and a bit slow off the mark (excuse the pun).
Quoted from Sky News
Vion’s plans to restructure the its abattoir and sliced cooked meats operations. The company said it planned to focus resources to create “centres of excellence”.
Vion supplied a lot of it’s products to M&S who recently said they were closing down many Simply Food outlets.
Job losses: 820
Related Web Links:
German retailer Metro to cut 15000 jobs.
What is 15000 jobs when the company employees 300000 people in 32 countries around the world? Metro are disguising the redundancies by saying they have a “master plan” in making more money. (Yeah right! when they have just said “business slowed in 2008 because of the Economic Downturn.
Job losses: 15000
Related Web Links:
- Metro to Shed 15000 Jobs to Restore Earnings Growth
- The Associated Press – German retailer Metro to cut 15000 jobs
- IDG Retail Analysis UK
18 jobs cut at the Wrexham pharmaceutical company.
Quoted from the Evening Leader
Wockhardt UK Ltd, based on the Wrexham Industrial Estate, blames the global Economic Downturn for the decision to make 18 workers reedundant. The news was delivered to members of the night shift when they turned up for work last Thursday evening. They were told 18 of the 20-strong shift would have to lose their jobs.
Job losses: 18
South West Trains to axe 480 jobs.
There are not enough trains running on our rail networks, which is the main reason each day we are packed like sardines into the coaches. On top of that we are charged ridiculously high fairs for the luxury of sniffing another persons armpits, or sitting on disgusting seats looking at grafitti on the windows and now we hear there will be 460 job cuts from South West Tains. That equals 74 services. The other day it was Southeastern railways. It’s totally insane. WHY?
Quoted from Reuters
South West Trains, run by train operator Stagecoach Group (SGC.L), said on Thursday it was to axe 480 jobs including managerial staff, blaming an expected fall in passenger numbers because of the Economic Downturn.
Total losses = 480
Related Web Links:
- South West Trains to cut 500 staff – Your Local Guardian.
- Trains replaced by ‘cattle trucks – The Press Association.
