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- Professional Payrolls Hold Clues to job Market
- NEW YORK (Reuters) - An April rebound in professional jobs such as health care and technology has boosted the spirits of staffing executives, although few of them see big job additions anytime soon. Demand for workers with professional and technical skills ...
- News items 2008-05-02
- jobs Shed For 4th Straight Month
- WASHINGTON (Reuters) - Employers cut jobs for a fourth straight month in April, though not as vigorously as feared, according to a government report on Friday that also showed an unexpected improvement in the unemployment rate last month. The Labor Department said 20,000...
- News items 2008-05-02
- RBS to Axe Up to 7,000 jobs
- LONDON (Reuters UK) - Royal Bank of Scotland (RBS) is set to cut hundreds of jobs as it pushes ahead with the integration of Dutch bank ABN AMRO's investment bank and slashes headcount in divisions hit by the credit crunch. "Since the acquisition of ABN AMRO...
- News items 2008-04-28
- ANZ to Move 500 NZ jobs to India
- Thursday's announcement that ANZ National is proposing to move up to 500 jobs to India puts increasing their billion dollar profits ahead of their New Zealand customers and staff, bank workers' union Finsec says."ANZ National is leading a race to the bottom for cheap labour in India by...
- News items 2008-04-17
- Wall St. Braces For Thousands of Pink Slips
- NEW YORK (Reuters) - Citigroup Inc (C), Merrill Lynch & Co (MER) and Wachovia Corp (WB) this week announced 12,400 job cuts, and the number of pink slips is likely to rise as losses mount and the economy works its way out of...
- News items 2008-04-18
- RBS to Axe jobs as ABN Impact, Credit Crunch Bite
- LONDON (Reuters) - Royal Bank of Scotland Plc is set to cut hundreds of jobs as it pushes ahead with the integration of Dutch bank ABN AMRO's investment bank and slashes headcount in divisions hit by the credit crunch. "Since the acquisition of...
- News items 2008-04-28
- Unhappy Londoners Hate their Work
- Londoners are the most miserable at work, says a survey by HireScores, a recruitment agency-scoring website. Over 70 per cent of the capital's workers are already thinking about getting a new job from day one, while only 11 per cent of employees in the south west are unhappy in their...
- Blog posts 2008-04-17
- Permanent job Placements Fall in April
- LONDON (Reuters UK) - The number of permanent job placements fell for the second time in three months in April as growth in vacancies for permanent staff languished at its weakest since mid-2003, a survey showed on Wednesday. The Recruitment and Employment Confederation/KPMG Report on ...
- News items 2008-05-06
- Merrill Lynch Begins Warning UK Staff of job Losses
- LONDON (Reuters) - Merrill Lynch (MER) has begun informing staff on its London fixed income, commodities and currency trading desks they may lose their jobs, as it begins implementing a plan to cut 4,000 jobs globally, recruitment industry sources said on...
- News items 2008-04-23
- UBS to Unveil job Cut Plans Tuesday: Sources
- LONDON (Reuters) - Swiss bank UBS (UBSN), Europe's biggest casualty of the credit crisis, will announce plans for job cuts on Tuesday when it releases quarterly results, sources familiar with the matter said on Thursday. Speculation among UBS employees is that the bank...
- News items 2008-05-01
- Managers' Survey: Interviewees Flunking Etiquette 101
- The Find: 59 percent of hiring managers say that job candidates' manners have deteriorated in recent years. The Source: A recent survey from Vault. The Takeaway: With a plethora of sources of advice for interviewees, it...
- Blog posts 2008-04-23
- JP Morgan Sees City Losing 40,000 jobs
- LONDON (Reuters UK) - Total job losses in London's City financial district are likely to hit 40,000 due to fallout from the U.S. subprime crisis and global credit crunch, analysts at JPMorgan (JPM) said on Tuesday, doubling their previous estimates. The shakeout equates to 5...
- News items 2008-04-15
- SocGen Splits Chairman and CEO jobs
- By Yann Le Guernigou and Tim Hepher PARIS (Reuters UK) - The head of Societe Generale, the French bank that recently survived the world's biggest rogue trading scandal, is relinquishing his job as chief executive but will stay on as chairman, SocGen said on Thursday. Daniel...
- News items 2008-04-17
- Chunk of Chevron's job Cuts Seen in 2008: Filing
- NEW YORK (Reuters) - Pointing at a slew of job cuts, Chevron Corp (CVX) said in a regulatory filing that about 1,100 employees were eligible for severance payments, after it implemented a restructuring plan in 2007. Severance payments for about 300 staffers, mostly...
- News items 2008-05-09
- Sun Micro Cutting Up to 2,500 jobs
- SAN FRANCISCO (Reuters) - Sun Microsystems Inc (JAVA) said on Thursday it would cut 1,500 to 2,500 jobs in the face of U.S. economic weakness and delays in orders from some customers. Sun will take a charge of $130 million to $220 million...
- News items 2008-05-01
- Logica Says to Cut 1,300 jobs
- By John Bowker LONDON (Reuters UK) - IT services firm Logica (LOG) said it would make around 1,300 jobs redundant as part of a 110 million pound restructuring programme which would enable it to beat market growth in 2009. "I am confident that this plan will...
- News items 2008-04-22
- RBS Seen Axing 7,000 jobs
- LONDON (Reuters UK) - Royal Bank of Scotland (RBS) will this week start the integration of ABN AMRO's investment bank in a move likely to trigger the loss of about 7,000 jobs out of a combined total of 28,000, the Financial Times said. The newspaper, without...
- News items 2008-04-27
- UBS May Cut 10% of Bank, Trade jobs
- UBS AG, the global bank slammed by mortgage and credit losses, may cut up to ten per cent of jobs across much of its investment banking and trading division, people familiar with the situation said Tuesday.Earlier this month, the Swiss banking giant announced a $US19 billion ($A20.52 billion) write-down...
- News items 2008-04-16
- Merrill Seen Laying Off Some Energy Traders: Sources
- LONDON (Reuters) - Merrill Lynch (MER) is expected to lay off several U.S. and European energy traders and back-office staff, trading sources close to the U.S. investment bank's operations said on Wednesday. Two sources said that 10 energy trader jobs would be cut,...
- News items 2008-04-23
- Barclays Cuts 1,000 jobs at Goldfish Unit
- LONDON (Reuters UK) - Barclays (BARC) is set to cut almost 1,000 jobs at its newly acquired Goldfish credit card unit as it closes a call centre and London headquarters to integrate the business with its Barclaycard operations. Britain's largest credit card provider, which bought ...
- News items 2008-05-07
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