Inevitably, all organizations lose good people. Whether through layoffs, attrition, or retirement, they all must deal with the fact that even their most knowledgeable employees will someday leave. Staffing and human resources issues aside, one of the greatest challenges for companies facing possible layoffs, high rates of...
Inevitably, all organizations lose good people. Whether through layoffs, attrition, or retirement, they all must deal with the fact that even their most knowledgeable employees will someday leave. Staffing and human resources issues aside, one of the greatest challenges for companies facing possible layoffs, high rates of...
Apprenticeship programs in the United States, which provide workers with the broad-based skills required for practicing a trade via on-the-job training, are sponsored either unilaterally by employers or jointly by employers and trade unions. A comparison of the attrition and retention rates in these programs shows that program completion is...
Hedge funds exhibit a high rate of attrition that has increased substantially over time. Using data over the period 1994-2001, the article shows that lack of size, lack of performance and an increasingly aggressive attitude of old and new fund managers alike are the main factors behind this. Although attrition...
The prosecutor of the International Criminal Court charged Sudan's president, Omar al-Bashir, with genocide yesterday, accusing him of masterminding a campaign to "destroy" three tribes in Darfur, killing 35,000 people and persecuting 2.5 million refugees in the process. In a landmark case, the first time the world...
INDIANAPOLIS -- Republic Airways Holdings (NASDAQ: RJET), today announced it plans to reduce its workforce by approximately 500 employees or 10% of its current employment levels. This action is in response to changing market conditions and expected reductions in its small jet contract flying. The staff reductions will take place...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Northwest Airlines (NYSE: NWA) has said that 2,500 employees will lose their jobs as a result of planned cuts to capacity later this year. The airline announced last month plans to reduce its system mainline capacity domestic and international by...
MILWAUKEE -- Journal Sentinel Inc. announced today that it will reduce its workforce by about 10% of its approximately 1,300 full time equivalent employees to address the impact of a challenging advertising environment. Journal Sentinel Inc. is a Journal Communications' (NYSE:JRN) company. The restructuring will be accomplished through...
The care home specialist Southern Cross, which said two months ago that it was "well placed to make further progress", announced a profits warning yesterday detailing a litany of problems, and the dismissal of the group's finance director. The company's shares closed down 183p - 58.5 per...
Fraunhofer Institute of Toxicology and Experimental Medicine Aims to Produce Diagnostic Tool to Help Reduce Cost of Drug Attrition SANTA CLARA, Calif. -- Affymetrix Inc. (Nasdaq:AFFX) today announced that a team of researchers at the Fraunhofer Institute in Germany is using Affymetrix' Whole Transcript WT gene expression technology...
Business News IN BRIEF *Anheuser-Busch plans to cut $1bn in costs and improve earnings as it tries to convince investors that InBev's $46.3bn offer for the Budweiser brewer was too low. The plan includes cutting up to 1,290 jobs - 10 per cent of its workforce -...
EASTBOURNE, England AFP — Agnieszka Radwanska tuned up for Wimbledon in dramatic style, winning a war of attrition over Nadia Petrova 6-4, 6-7 (11/13), 6-4 on Saturday to claim the Eastbourne Championships. Both finalists were feeling the pain near the end of a struggle lasting 2hr 37min, with...
SYDNEY AFP — Australia's former world champion Rob de Castella has warned competitors in the Beijing Olympics marathon face cruel conditions from the city's chronic pollution, reports said Saturday. De Castella, who won the marathon at the 1983 Helsinki world championships, fears the world's endurance athletes will face...
Rohm & Haas Co., one of the nation's largest chemical companies, said yesterday that a shrinking paint market and weakening economic conditions were forcing it to close two paint-related chemical plants and eliminate 925 jobs in North America. About 120 to 140 jobs will be lost in the Philadelphia area...
PHILADELPHIA -- Fifteen new apprentice line mechanics join the PECO field forces today after graduation from the utility's challenging aerial line training school. The spring class is one of two such schools this year and 250 new hires PECO expects for this year overall as part of its efforts to...
WASHINGTON AFP — The McClatchy Company, the third-largest US newspaper publisher, announced plans Monday to cut its workforce by about 10 percent due to a "difficult advertising market" and other challenges. The move will mean about 1,400 job cuts including "both voluntary and involuntary separations" and attrition, according...
Andrew Pitt scored his third World Supersport win of the season at the Nurburgring, although the race was marred by the injury to Brit Tommy Hill. Pitt led an all-Australian podium on his Hannspree Ten Kate Honda, with the Stiggy entry of Joshua Brookes coming in behind him...
*FOOTBALL Chelsea have told Luiz Felipe Scolari that they believe they can deliver him the Brazilian playmaker Kaka and will also step up their efforts to sign Fernando Torres in what promises to be a highly expensive and extremely attritional summer of transfer pursuits. After five years...
LONDON, June 13, 2008 AFP — French Open champion Rafael Nadal reached the Queen's semi-finals for the first time after out-lasting Ivo Karlovic in a gruelling three-set clash on Friday. Nadal, the top seed, who had never gone beyond the last eight at Queen's in his two previous...
Articles 2008-06-13
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