Human Resources
Pfizer laying off 800 scientists
Pfizer Inc., the world's biggest drug company, is laying off as many as 800 scientists this year in its latest effort to refocus disappointing research efforts and cut overhead ahead of an expected crash in revenue.
Ford talks with UAW on cuts to labor expenses
Ford Motor Co. may not be asking for a federal cash infusion, but the company has resumed formal talks with the UAW to pursue labor savings comparable to whatever General Motors Corp. and Chrysler LLC might receive as part of satisfying government...
'Vast majority' of HBOS staff reassured on jobs
HBOS staff have been reassured they will experience little immediate change when their troubled employer is taken over by Lloyds TSB next week.
New York's Madison Avenue Accused of Racial Bias
New York may be the most diverse city in the world, but Madison Avenue is whiter than snow, according to backers of a new campaign aimed at improving hiring, pay, and promotions for African Americans in the advertising business.
Germany's Job Creation Machine Sputters; Unemployment is now at 7.4% and rising
For years, Germany had seen its unemployment rate drop steadily, all the way down to a November total of less than 3 million. That downward trend, though, has now officially come to an end. According to a report released on Wednesday by the Federa...
Logitech to Slash Jobs, Withdraws Financial Targets
Logitech International SA, the world’s biggest maker of computer mice, withdrew its fiscal 2009 financial targets and said it will cut 15 percent of its salaried workforce because of the deepening global recession.
Florida woman claims 'Merry Christmas' got her fired
PENSACOLA, Fla. – A Christian woman claims she was fired from her job because she greeted callers with "Merry Christmas," but the vacation rental company says it's no Scrooge and the woman is just a disgruntled employee.
New deal to supply water to Hong Kong
The government has signed a new deal with its Shenzhen counterparts for the supply of Dongjiang water to Hong Kong for the next three years.
Associated Press to cut 10 pct jobs in '09: sources
NEW YORK (Reuters) - The Associated Press plans to cut up to 10 percent of its workforce in 2009, according to sources at the news service, as it copes with tough financial times and ailing member newspapers.
Apple added 8000 retail employees in 2008
Apple's retail operation doubled in size during 2008. Todd Bishop's TechFlash noted a paragraph in Apple's 10-K annual filing released Wednesday that the company now employs 32,000 people on a full-time basis, up from 21,600 at this time last year...
Merck cutting 7200 jobs, including 300 at Seattle research site
Merck & Co. Inc. said Wednesday it plans to cut 7,200 jobs, or 13 percent of its work force, in what will be the pharmaceutical company’s second restructuring effort during the past three years.
Kingfisher not to sack cabin crew: Mallya
BANGALORE: After declaring that it would do whatever it takes to cut flab, Kingfisher Airlines has now said it will not retrench cabin staff.
Jet Airways to lay off 850 employees - reports
MUMBAI (Reuters) - Jet Airways, India's top private airline, has decided to lay off about 800 to 850 employees due to falling air travel and soaring costs, Indian papers said on Wednesday, citing unnamed officials.
Alaska Airlines to cut 1,000 jobs
Alaska Airlines says it will cut up to 1,000 jobs and reduce flight departures by 15% as record oil prices and a slowing economy take their toll. The airline made a $50m (£28m) loss in the first half of the year and said it needed to take "decisiv...
Boeing suppliers look for strike's silver lining
If investors are hoping for a silver lining in the Machinists strike against Boeing, it's this: suppliers will have time to untangle problems that have delayed the company's long-awaited 787 jetliner. But some analysts worry a lengthy work stoppag...
Siemens says to cut 16,750 jobs worldwide
LONDON (MarketWatch) -- Siemens AG plans to slash 16,750 jobs worldwide with about a third of the cuts coming in Germany, the conglomerate announced Tuesday, saying it needs to become more efficient as the worldwide economy slows.
Tesco charged of gross under-payment at Indian factory
LONDON: A charity group today accused British retail giant Tesco, which has been mulling an India foray for long, of exploiting workers at a Bangalore garment factory, saying employees are paid only half the minimum wage.
Air Canada slices 2,000 jobs
Air Canada, the country's largest airline, is cutting major routes and thousands of jobs amid record-high fuel prices, and warned more cuts could be on the way if costs continue to soar.
Robots seen doing work of 3.5 million in Japan
TOKYO - Robots could fill the jobs of 3.5 million people in graying Japan by 2025, a thinktank says, helping to avert worker shortages as the country's population shrinks. Japan faces a 16 percent slide in the size of its workforce by 2030 while t...
Get paid $500 for your next job interview. Honestly.
You say you wouldn't interview with Company X if they paid you? A startup called NotchUp is betting that's a bluff. Debuting this morning at Network World's DEMO 08 in Palm Desert, Calif., NotchUp founders Jim Ambras and Rob Ellis tell me that 15,...