Workers will be laid off or reassigned to other sites.
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The majority, 120 employees, would be laid off in Denmark.
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Hundreds of employees will be laid off as a result.
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Some will get buyouts; some will simply be laid off.
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If trade dips, by law salaried workers cannot be laid off.
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Most of the 20303 miners are likely to be laid off.
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Thousands of us will be laid off in the upcoming weeks.
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The Economic Times reported that 150 workers will be laid off.
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Hourly workers are likelier than salaried workers to be laid off.
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Inside, some employees spent the holidays worrying they'd be laid off.
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Roughly 5,750 salaried workers and 6,000 hourly employees will be laid off.
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It was unclear on Friday how many employees could be laid off.
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Many who work low-wage jobs are likely to be laid off.
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Hourly employees — about 90 people — will be laid off until business returns.
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There will be some bankruptcies and some people will be laid off.
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Mnangagwa, however, said only workers of retirement age would be laid off.
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More than 24.2,2502 of the agency's 22017,2140 employees would be laid off.
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That means factory workers at those plants will be laid off, as well.
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Fiat declined to comment on the number of workers to be laid off.
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More than 600 union refinery workers will be laid off on Aug. 25.
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Around 140 current employees will be laid off as part of this process.
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About 280,000 Ford hourly workers will be laid off during the temporary shutdowns.
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It said a "significant share" of its workforce would be laid off temporarily.
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Lowe's (LOW) declined to say exactly how many workers will be laid off.
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To qualify, you must be laid off through no fault of your own.
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The exact number of employees who will be laid off has not been disclosed.
|
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Roughly 5,750 salaried workers and 6,000 hourly employees will be laid off, he confirmed.
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Eventually, even more may be laid off, as remaining stores cut costs through automation.
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The EV start-up did not say how many staff would be laid off.
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It is unknown how long the employees will be laid off, according to SeaWorld.
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Furloughs -- The vast majority of the Macy's workforce will be laid off for now.
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However, a portion will be laid off as Lowe's consolidates some positions, the person explained.
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In 2010, she found a job — only to be laid off, again, two years later.
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"Dozens" of staffers at Harris' headquarters will be laid off, according to multiple campaign aides.
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All employees would be laid off as a part of the process, the email said.
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The brand's 20173 employees will be laid off and are receiving severances, said the spokesperson.
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As many as 6,000 employees could ultimately be laid off, one person told the Times.
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It did not say 800 employees would be laid off over the next several weeks.
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Ford did not say 800 employees would be laid off over the next several weeks.
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Others would move for the company, only to be laid off in a few years time.
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Today, Amazon announced that Quidsi will end its operations and 18.4 people will be laid off.
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Local staffers would be laid off and U.S. officials running the projects would be reassigned elsewhere.
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In the West Bank 154 people hired on "now depleted emergency funds" would be laid off.
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The company would not say how many of these would be laid off in this action.
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"People are getting laid off or don't know if they will be laid off," she said.
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All 85033,000 of the 188-year-old company's employees in 16 countries will be laid off.
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A generation of software developers and designers got to know what it's like to be laid off.
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"We do not want them to be laid off or just fired in this process," he said.
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Thousands of employees at the company's Memphis, Tennessee, headquarters eventually would be laid off in the process.
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If he loses the appeal, he could be laid off or assigned to another job within Csiro.
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Tesla stores will close or be converted to "information centers" and retail employees will be laid off.
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He did not give a number for how many could be laid off at the Albras smelter.
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Today it says 000 Jet black employees will be laid off as a result of the shutdown.
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"I could be laid off, and the programs would be stopped — that worries me more than my job."
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As of March 31, Yahoo had 35.53,400 employees, excluding those already scheduled to be laid off this year.
|
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Outplacement firm Challenger Gray & Christmas forecast that four million US restaurant workers will be laid off within weeks.
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Like the time they were told they'd be laid off, and everybody just went right back to work.
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More than 3,200 Amazon delivery drivers will be laid off by the end of April, Buzzfeed News reported.
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|
Specifically, 44 of Birchbox's 94 New York-based employees will be laid off by May 30, the notice stated.
|
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The company initially said that 2,025 workers would be laid off at Cooke while 1,350 elected voluntary separation packages.
|
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The 18 people who work for the 11-year-old company will be laid off as it shuts down.
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The factory employs about 2,3003 hourly workers, most of whom will be laid off when the plant is idled.
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Unlike permanent employees, temporary workers can be laid off without big severance payments and lengthy negotiations with labor representatives.
|
|
Business Insider spoke with 12 laid-off employees, some of whom reported hearing that thousands could be laid off.
|
|
"Thousands of us will be laid off in the upcoming weeks," the employees wrote in a letter to management.
|
|
Sasaki said about 112 employees could be laid off, but they will mostly come from the district's central office.
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|
We were just as likely to be laid off from the government during a bad year as anyone else.
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Saudi employees will not be laid off in the initial stages but that could conceivably happen next year, he said.
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This week, NBC informed about 10 digital employees eligible for the union that they would be laid off, effective January.
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|
I mean, people understood that the fact that you're going to be laid off is not that you're not capable.
|
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Anonymous officials told Reuters that 5 to 6 million people would likely be laid off over the next few years.
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|
Imagine what kind of investment and second job opportunities you might pursue if you know you'd never be laid off.
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Economists expect more Americans to be laid off as a result of businesses cutting their spending in the coronavirus pandemic.
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Wayfair announced last week that more than 500 workers would be laid off, including 350 workers at its Boston headquarters.
|
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Separately, 113 workers would be laid off for an indefinite period at its construction and forestry plant in Davenport, Iowa.
|
|
He gets paid a salary, but business has ground to a halt and he's worried he might be laid off.
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|
I'm told no employees will be laid off from the Inbox team, which was already well-integrated into the Gmail team.
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|
He said the number of researchers to be laid off had been reduced to 275, from an initial estimate of 350.
|
|
The group announced in June that 2,000 workers would be laid off in a shake-up of its customer care service.
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Workers at these firms have more than double the retirement accounts, and are one-fourth as likely to be laid off.
|
|
The feeling that went through the Carrier workers after hearing that hundreds of them would still be laid off was betrayal.
|
|
Hundreds of employees are sure to be laid off as the company restructures and closes 20153 stores in the US alone.
|
|
Workers who refuse to go along with temporary workload increases in the event of increased business could be laid off, too.
|
|
I could see tying it to unemployment, maybe boosting it for people who are going be laid off for a while.
|
|
SolarCity had announced job cuts before being acquired by Tesla but did not say how many employees would be laid off.
|
|
But they were less likely to be laid off and their wages rose over time, while blue-collar wages were stagnant.
|
|
Verizon Media chief executive Guru Gowrappan emailed staff a day before to announce that 7% of staff would be laid off.
|
|
The 300 or so workers there were told in October that they would be laid off and their jobs moved to Mexico.
|
|
Of those employees, 293 will be laid off, while some of the service's technology and design team will join Walmart's larger organization.
|
|
The two banks said the new group would have 2,082 branches in 2019 and 1,800 people would be laid off using redundancy incentives.
|
|
If and when the unsustainable startups flounder, those workers will likely leave or be laid off, as has been happening lately at Uber.
|
|
For instance, the automaker recently announced the removal of a shift at its Lordstown, Ohio, plant, with 1,500 workers to be laid off.
|
|
At Anniston Army Depot in Alabama, 248 term and temporary workers need to be hired and 40 are about to be laid off.
|
|
El Corte Ingles said the staff would be laid off for 14 days and would be paid their full salary during that time.
|
|
At least 3,200 Amazon delivery drivers will be laid off by the end of April as the company keeps cutting ties with contractors.
|
|
Without authorization the FAA would not be able to collect aviation taxes and many of its employees would have to be laid off.
|
|
In an email sent to staff Monday and obtained by CNN Business, WeWork executive chairman Marcelo Claure did not specify how many people will be laid off but said that "the necessary job eliminations" will "start in earnest this week in the U.S." The company had yet to publicly put a number on how many people would be laid off.
|
|
We talk more about what it means for me to be laid off and speak about what type of financial situation I am in.
|
|
One Yahoo employee said she was praying to be laid off so she could collect a severance payment and move on with her life.
|
|
Roughly 1,000 workers are expected to be laid off and contractors who do business with the refinery will also be affected by the shutdown.
|
|
Plans to close plants in Michigan, Ohio and Maryland have been announced, and some 8,000 white-collar workers are expected to be laid off.
|
|
"People are starting to be laid off, and it's difficult to find that money when you start being put out of work," said Jaeger.
|
|
The novel coronavirus and the threat of a looming economic recession has forced thousands of workers to be laid off or furloughed without pay.
|
|
OneWeb will retain enough employees to continue operating the satellites already in orbit, but most of the company's 500 staffers will be laid off.
|
|
Under current rules, temporary workers earn about $15 an hour, can be laid off at any time and have no dental or vision insurance.
|
|
At one point Mr. Starkweather was told that if he did not stop working on the project, his entire team would be laid off.
|
|
While this is terrible news, our union negotiated a buyout option: Essentially, one can volunteer to be laid off in exchange for better severance.
|
|
But clearly some of these 60 million workers would be laid off and possibly replaced with automation, particularly in industries with tight profit margins.
|
|
Why it matters: Buzzfeed said last week that 15% of its workforce, roughly 250 employees, would be laid off in an effort to achieve profitability.
|
|
China's government does not subsidise the overproduction of iPhones which are then dumped on the market, causing iPhone-makers in America to be laid-off.
|
|
You may like the health plan your employer provides now, but they could change that plan, or you could change jobs, or be laid off.
|
|
If the funding lapses, staff could be laid off, facility renovations or expansions could be canceled or delayed and hours of operation could be reduced.
|
|
Other workers said they had yet to receive notice they might be laid off from the construction site on the drained bed of Lake Texcoco.
|
|
Companies will likely fail, people will be laid off, and it's difficult to pass judgment on the measures people take to avoid losing their jobs.
|
|
But Mr. Buttigieg goes too far in his prediction that all the claims adjusters, insurance underwriters and brokers in the country would be laid off.
|
|
Reuters has reported that millions of Chinese people will be laid off in industries like steel and coal where there's tons of overcapacity and debt.
|
|
Teva has said about 320 workers would lose their jobs in Jerusalem in 2018 and 500 would be laid off in 2019 when the plant shuts.
|
|
As for the human employees, some will be moved to other shows, like Disney on Ice and Marvel Live, while the rest will be laid off.
|
|
An official from Advance told Times-Picayune employees Thursday afternoon that they would all be laid off as part of the deal, according to three staffers.
|
|
Mr. Dias said Chrysler would invest in the casting plant, but he did not offer specifics and acknowledged that some workers there would be laid off.
|
|
A company source said a combined 500-600 people will be laid off from Snapdeal and its logistics business Vulcan Express and digital payments unit FreeCharge.
|
|
They looked at team size, identified duplicate roles and overlapping work, as well as individual performance to determine who would be laid off, the source said.
|
|
Some economists have criticized the proposal as insufficient, saying it wouldn't help workers who could be laid off due to the economic fallout of the coronavirus.
|
|
One Yahoo employee who was interviewed said she was praying to be laid off so she could collect a severance payment and move on with her life.
|
|
According to one employee, the hundreds of workers affected by the changes were told one of four things: they would be laid off, fired, transferred, or demoted.
|
|
I work in human resources and was just notified that in two days, an employee who has been a good friend of mine will be laid off.
|
|
And it said it did not know how many employees would be laid off, but said that it would offer severance to full- and part-time workers.
|
|
Fired CEO Dennis Muilenburg is leaving with assets worth about $80 million while 2,800 people who work for Boeing's largest supplier, Spirit AeroSystems, will be laid off.
|
|
In an email to Snap employees obtained by Recode, VP of Engineering Jerry Hunter said that 120 engineering employees will be laid off over the next few days.
|
|
According to an internal letter sent to Recode, at least 50 people will be laid off due to the transition, though Mashable founder Pete Cashmore will stay on.
|
|
These changes were communicated to staff of nearly 1,000 on Friday, and they will mean that an undisclosed number of employees will be laid off, with some relocated.
|
|
All of BHS's 163 stores will hold closing-down sales over coming weeks and 8,13 staff are likely to be laid off, advisers Duff & Phelps said on Thursday.
|
|
Beijing said on Monday that 1.8 million coal and steel workers will be laid off from state-owned enterprises as the government addressed over-supply in those areas.
|
|
"It was poorly managed, treated too glibly, patronizingly, completely lacking empathy at the fact that so many young people were going to be laid off," the person said.
|
|
"It may be that black workers are more likely to be laid off when the layoffs are triggered by a sudden and significant reduction in funding," she wrote.
|
|
The General Social Survey reports that employee owners are one-third to one-fourth as likely to be laid off as employees who are not in these plans.
|
|
Business Insider spoke with multiple workers who have lost their jobs over the past week, or who have been warned that they will be laid off this week.
|
|
These cuts would only help those still getting a paycheck, meaning people who have been or will be laid off because of the coronavirus would not benefit directly.
|
|
Non-union plants tend to employ a much higher number of temporary workers, who can be laid off or hired back more quickly as demand ebbs and flows.
|
|
The field brought him to Colorado, where he worked for in Buckhorn Petroleum, but a downturn in the industry in the 80s led him to be laid off.
|
|
Gupta was one of the leaders tasked with evaluating his team, identifying duplicate and overlapping roles, as well as individual performance to determine who would be laid off.
|
|
Calls for government subsidies will only increase as more than 35,000 workers are expected to be laid off by the end of this year from the shipbuilding industry alone.
|
|
Those who will be laid off include editor-in-chief Jane Eisner, executive editor Dan Friedman, digital director David Goldiner and design director Kurt Hoffman, according to the Post.
|
|
"It seems like all these CEOs and companies have turned their backs on the American worker," said Dana employee Tim Wells, one of those who will be laid off.
|
|
Everlane, through its PR firm, didn't immediately respond to a request for comment on whether their request for union recognition had caused the CX employees to be laid off.
|
|
After being told he would be laid off because his employer, Delivery Force, was getting terminated by Amazon, one driver got a job offer from a different delivery contractor.
|
|
Earlier this month, Bloomberg News first reported that Bear Down Logistics had lost its contract with Amazon and as many as 400 drivers would be laid off in April.
|
|
Jobs are suddenly in doubt for the 200,000 people working at FQHCs; more than 50,85033 of them, providers and staff alike, will be laid off if funding goes unrestored.
|
|
Unifor labour union said 70 employees would be laid off effective Thursday at a Nova Scotia facility contracted by CN to handle vehicles shipped in and out of Canada.
|
|
About 1.97193 non-union employees will be laid off immediately, with a "significant" number of the 700 union employees expected to lose their jobs in mid-July, the sources said.
|
|
The journalists kicked up a fuss, believing this move was actually more about picking which staff members would be laid off as the company downsized, and the sensors were removed.
|
|
The scientist, John Church, confirmed Tuesday that he was one of 275 scientists whom the agency, the Commonwealth Scientific and Industrial Research Organization, or Csiro, said would be laid off.
|
|
BuzzFeed announced that roughly 15 percent of its staffers would be laid off as the company attempts to reach a sustainable growth model, while HuffPost laid off around 20 journalists.
|
|
Employees whose roles were affected by the changes were generally given at least one of four directives: "You were going to be laid off, fired, transferred, or demoted," she said.
|
|
If that happens, typically, the youngest workers are hardest-hit during recessions—they are often the first to be laid off, or they don't get hired in the first place.
|
|
On Monday, a labor official estimated that 1.8 million workers in the steel and coal sectors would be laid off, around 15 percent of the work force in those industries.
|
|
So when health care providers lose funds due to the gag rule, it slashes funding and causes nurses to be laid off for all health care services the provider offers.
|
|
About 100 non-union employees will be laid off immediately, with a "significant" number of the 700 union employees expected to lose their jobs in mid-July, the sources said.
|
|
Nearly half of WeWork's white-collar workers think they're going to be laid off, according to a survey of 623 WeWork employees Recode conducted through the anonymous workplace-discussion app Blind.
|
|
According to recent reports, 5-6 million workers in industrial SOEs will be laid off through 2019, on top of another 1.8 million layoffs reportedly planned in coal and steel sectors.
|
|
He never got a chance to be laid off: One day at work, a storage container fell on him and crushed his back, leaving him bedridden, on morphine for the pain.
|
|
JUUL has stopped recruiting recently and is preparing for personnel restructuring, what's more, some staff may be laid off but the exact size of the cuts is unclear, source told CNBC.
|
|
The cane was later put on a ship for processing in California, and 375 employees of the Hawaiian Commercial & Sugar Company became the last of the last to be laid off.
|
|
And it points to a merger this year, when Dominion Energy purchased South Carolina utility SCE&G, and announced buyouts for 1,200 workers, with the expectation that hundred will be laid off.
|
|
That was not assured, according to Holmes, who then explained that to cut costs, all but a handful of employees had been notified that they would be laid off within 60 days.
|
|
Many economists have linked the jobs boom to uncertainty about Brexit which has made employers favor hiring workers -- who can be laid off quickly -- over longer-term commitments to investing in equipment.
|
|
"Anyone who knows they are going to be laid off after six months, I am happy to sell them an insurance policy," said David Sterling, chief executive of SterlingRisk, which administers IncomeAssure.
|
|
It stands to reason that many workers in these positions will be laid off for as long as potential customers quarantine, or will be unable to work if they themselves get sick.
|
|
"If I was one of those advocates that was told I would be laid off Monday and then told I had six more weeks, I might look at the job ads," Southworth said.
|
|
Many economists have linked the jobs boom to uncertainty about Brexit which has made employers favor hiring workers — who can be laid off quickly — over the longer-term commitment of investing in equipment.
|
|
"If unfair trade practices by China and other trading partners are left unaddressed, more steelworkers will be laid off and more steel mills will be closed," they wrote in a letter to Ross.
|
|
Promises to slim industries such as steel and coal sound tough—the government expects nearly 2m workers will be laid off—but the planned reduction would make only a small dent in oversupply.
|
|
Many economists have linked the jobs boom to uncertainty about Brexit which has made employers favor hiring workers -- who can be laid off quickly -- over the longer-term commitment of investing in equipment.
|
|
But the wealth of plans, statistics and projections that Mr. Li and ministers offered during the meeting did not include detailed estimates of the number of workers most likely to be laid off.
|
|
The Unifor union said on Monday that 70 employees at the CN Autoport facility in Halifax, Nova Scotia, which handles vehicles shipped in and out of Canada, would be laid off effective Thursday.
|
|
The blog Study Hall reported on Thursday that a large percentage of the staff was to be laid off and that Mr. Rich would not be returning to the newsroom after a vacation.
|
|
Audrey Hatten-Milholin, 54, was notified in July that she would be laid off from the University of California, San Francisco, at the end of February after 13 years in its technology department.
|
|
WASHINGTON (Reuters) - General Motors Co plans next year to rehire 500 Michigan assembly plant workers who are to be laid off in May, citing increased demand for larger vehicles, the company said on Wednesday.
|
|
Aimee reveals that she's going to be laid off from her job, for ostensible work-related reasons but in fact, she believes, because she had to take time off because of her ulcerative colitis.
|
|
BuzzFeed announced this week that roughly 15 percent of its staffers would be laid off as the company attempts to reach a sustainable growth model, while HuffPost laid off around 20 journalists on Wednesday.
|
|
A record number of people in Sweden have been told they will be laid off in the last two weeks, surpassing the pace during the financial crisis, according to the Swedish Public Employment Service.
|
|
"As part of a structural reform program, 400 employees will be laid off in 2020 in an effort to reduce the company's high wage mass and ease its financial difficulties," said CEO Elyess Mankabi.
|
|
If Congress doesn't act soon, the National Association of Community Health Centers says 28,000 sites could close, more than 50,000 staff could be laid off, and 9 million individuals could close access to care.
|
|
READ: These Puerto Rican kids are fighting to reopen their school Keleher said no teachers would be laid off as a result of the closures and that they would instead be reassigned to other schools.
|
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"Companies are overstaffed and underproductive... they don't want people to be laid off, while foreign investors want to make sure the company is being run efficiently," Gohari said, describing government-owned firms as particularly bloated.
|
|
The men and women of Viome would be laid off and, given the mess Greece was/is/will likely be in for decades, faced the prospect of being unemployed for the rest of their lives.
|
|
Speaking years ago to alumni of the Indian Institute of Technology where Ahuja himself was once an undergrad, the Tesla CFO talked about the time when he thought that he might be laid off himself.
|
|
The Business Council of Canada said Ottawa's wage subsidy should offer workers something that is at least equivalent to what they would get through EI, otherwise, it's better financially for them to be laid off.
|
|
But then again, it's better to be a hedge fund manager or private equity partner right now than it is to be a restaurant worker who has been or is about to be laid off.
|
|
KHOBAR, Saudi Arabia (Reuters) - Employees of troubled construction company Saudi Oger will be moved to other firms, the Saudi labor ministry said, amid unconfirmed reports that workers there will be laid off from July 31.
|
|
The decision had started a domino effect in the industry, Thiha Zaw said, forcing construction workers to be laid off, sub-contractors to lose jobs and customers to question if purchased apartments would be completed.
|
|
Instacart Chief Executive Officer Apoorva Mehta said on Thursday that about 350 of its 1,415 part-time delivery employees at 76 Whole Foods locations would be laid off once the divorce begins in February 2019.
|
|
Reinhart is among the chain's 30,000 employees who found out they would be laid off without severance when Toys 'R' Us announced it would close 735 stores in the US after failing to recover from bankruptcy.
|
|
While Insider saw campaign materials which showed promises were made about the length of the jobs being offered on the campaign, staffers said they were at-will, meaning they could be laid off at any time.
|
|
On Monday, Chinese regulators said they expect 1.8 million workers in the steel and coal sectors will be laid off as a result of structural reforms, but said this should not result in a spike in unemployment.
|
|
The hospitality industry is particularly vulnerable: The American Hotel & Lodging Association, a lobbying group for the industry, warns that 44 percent of hotel employees in the US could be laid off or furloughed because of the virus.
|
|
WASHINGTON (Reuters) - The Trump administration moved on Wednesday to shrink a government agency tasked with identifying looming financial risks, notifying around 40 staff members they would be laid off, according to a person familiar with the changes.
|
|
Deere, a leading maker of farm and construction equipment, said 100 employees represented by the United Auto Workers will be laid off indefinitely starting April 1 at two factories in Iowa that make construction and forestry machinery.
|
|
WASHINGTON, March 15 (Reuters) - General Motors Co plans next year to rehire 500 workers at a Michigan assembly plant who are to be laid off in May, citing increased demand for larger vehicles, the company said on Wednesday.
|
|
Beijing has targeted three main groups – migrant workers, an estimated 2000 million workers expected to be laid off from China's coal and steel sector, and an estimated 213.5 million college graduates every year – to ensure job market stability.
|
|
The results of this can be devastating: Women continue to be laid off before giving birth, are asked to do jobs that imperil their babies and bodies, or face demotions because of their choice to have a child.
|
|
While Bell said Gildan is considering hiring some workers in product design and merchandising, approximately 3,500 American Apparel employees have received notices that they could be laid off as soon as this month, according to California public notices.
|
|
Mr. Lou also told reporters that the Chinese government had no estimate of the numbers of workers who would have to be laid off from steel mills, mines and other industrial plants as part of that growth program.
|
|
Based on numbers from the Office of Personnel Management, Dennis Cauchon reported in USA Today last July that employees in some federal agencies were more likely to die of natural causes than to be laid off or fired.
|
|
It was not clear exactly how many of the workers would be laid off early from the East Coast's largest and oldest oil refinery, but it is expected to be "a significant number," one of the sources said.
|
|
There, horrified employees watched their names appear on a large screen, directing them to different rooms, where some would be laid off, according to one person who attended the meeting and two people who were told of it.
|
|
None of TaskRabbit's 65 employees will be laid off as a result of the acquisition, and the company plans to hire more workers, said Tod Francis, a managing director at Shasta Ventures, a TaskRabbit investor, in an email.
|
|
During an all-hands meeting on February 24th, the company's founders informed staff that around 6 percent of the 300-plus person company, or about 20 people, would be laid off, a company spokesperson confirmed in an email.
|
|
When Lee Child began writing the books, he wasn't Lee Child; he was an English television exec named Jim Grant, about to be laid off from his work at a provincial TV company in the northwest of England.
|
|
One of these sources speculates that over time, up to half of WeWork's 15,000 employees — 9,000 of whom have been brought on in the last two years — could be laid off to shore up the unprofitable company's expenses.
|
|
With vanishingly few exceptions, everyone I know either has been laid off at some point in the past or assumes they will be laid off — or that their publication will be shut down — at some point in the future.
|
|
It said in a letter to Pennsylvania's Department of Labor and Industry on Wednesday that it would close its warehouse in the town of York, effective December 31, and that all 56 employees there would be laid off permanently.
|
|
While the letter said the warehouse would be closed and the employees would be laid off, Swift said it will transfer ownership of the warehouse to one of its customers, who will hire back the majority of those employees.
|
|
Staff at Rasgas were told earlier this year that they would be laid off in June, with the job cuts following last year's decision to merge RasGas with Qatargas, the two liquefied natural gas divisions of Qatar Petroleum [QATPE.UL].
|
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"A massive drafting error in the current version of the coronavirus legislation could have devastating consequences: Unless this bill is fixed, there is a strong incentive for employees to be laid off instead of going to work," they said.
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He confides in me that our boss, the CEO, told him that tomorrow he is going to be laid off, as they have to eliminate his department, and that the owner of the company doesn't know he's getting this heads-up.
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However, the jobs boom may reflect how employers have hired workers - who can be laid off in a downturn - rather than commit to longer-term investments while they wait for uncertainty over Britain's departure from the European Union to lift.
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"We have information that 25 percent of employees in the banking sector will be laid off if the decree that has introduced the asset tax remains unchanged," Paraschiv Constantin, the head of the Insurance and Bank Unions' Federation was quoted saying.
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Presidents of the colleges "are having serious conversations right now, telling people they're going to be laid off," Harry L. Williams, the president of the Thurgood Marshall College Fund, which represents public black colleges, said at a news conference on Wednesday.
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As the scope of the disaster comes into focus, the question on everyone's mind — from his co-working customers to Wall Streeters to soon-to-be-laid-off WeWork employees — is how Mr. Neumann managed to fail up so spectacularly.
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The sharp decline reflected slow business during the Lunar New Year holidays and weakness in the coal and steel sectors, where Chinese leaders have said 1.8 million workers would be laid off as efforts are made to reduce industrial overcapacity.
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WASHINGTON, Aug 8 (Reuters) - The Trump administration moved on Wednesday to drastically shrink a government agency tasked with identifying looming financial risks, notifying around 40 staff members they would be laid off, according to a person familiar with the changes.
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Just ask the cruise lines, hotel companies, and restaurants, bars, gyms, and other establishments in so many of our American communities that have been forced to close altogether —as well as the millions of Americans who will soon be laid off.
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These senators said that sum would provide a "strong incentive for employees to be laid off instead of going to work," and wanted to make sure no one would get more through the program than they'd be able to get elsewhere.
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SAN FRANCISCO — The "knowledge transfer sessions" started a few months after Jeff Tan received notice last summer that he and about 80 co-workers would be laid off by the University of California, San Francisco, at the end of February.
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Gothamist reports that at a staff meeting, owner Peter Barbey said that about half the team would be laid off, while the other half would remain on-board for now to "wind things down" and work on creating a digital Voice archive.
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As a part of its digital revamp, the company will be sunsetting "NBC Left Field," the digital video studio it launched in 2017 and staff from that department will be laid off Tuesday but will be working until the end of the year.
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Its investment banking team for the Asia-Pacific region had about 300 people before the cuts, of which 10% to 15% will be laid off, almost all in its ECM division, said a senior Asia banker with direct knowledge of the plans.
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Africa's largest bank by assets, which has more than 54,000 employees in Africa, said not all the workers affected by the restructuring might be retrenched, as it was engaging in talks with their union on exactly how many would be laid off.
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The announcement has unnerved employees who fear they will eventually be laid off, lose benefits or be forced to work different schedules, according to an interview with one of the affected workers and screenshots of Slack messages reviewed by The New York Times.
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She said she has spreadsheets listing staffers who would be laid off if the court allows the law to survive, and is thinking about selling buildings and medical equipment as well as shutting her clinics in Fort Worth, San Antonio and McAllen.
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Now that President Trump signed the CARES Act into law Friday, employees may delay going back to work, businesses could feel more comfortable laying off people, and workers may be incentivized to quit their jobs or volunteer to be laid off, they said.
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And I think a lot of these cruise lines and airlines and these other players are going to really start to cut price, drive traffic, we're incentivizing some additional payment checks coming in for people that are going to be laid off.
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In western Pennsylvania, 22 people are about to lose their jobs when the Akers National Roll Company closes by the end of September and between 2800 to 22018 workers could be laid off from at an NLMK-owned plant outside of Pittsburgh.
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For example, shortly after being notified she'd be laid off, Kishkill's colleague, Moos, was told to help prepare a "knowledge transfer" document and begin a round of conference calls and email exchanges with two Indian IBM employees who'd be taking over her work.
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As China delayed or stopped work on 151 coal power plants, it also created a $15 billion fund for retraining, reallocating and early retirement of an estimated 5 million to 6 million people who will be laid off due to coal overcapacity.
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Its investment banking team for the Asia-Pacific region numbered about 300 people before the cuts, of which 10% to 15% will be laid off, almost all in its equity capital markets division, according to a senior Asia banker with direct knowledge of the plans.
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These changes have impacted hundreds of workers, who either have the option to apply for a new role at its newly formed tech hub in Atlanta – which is spread between its existing offices in Midtown Atlanta and Johns Creek – or will be laid off.
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Its investment banking team for the Asia-Pacific region numbered about 300 people before the cuts, and 10% to 15% will be laid off - almost all in its equity capital markets division, according to a senior Asia banker with direct knowledge of the plans.
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Earlier on Monday, a Citgo unit on the Caribbean island of Aruba, said a project to refurbish and reopen a 209,000-barrel-per-day idled refinery rented by the company since 2016 was put on hold and remaining employees would be laid off by Feb.
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I can't help wondering how many faculty members might be laid off if the university decides teaching remotely is good enough, or how many people will be let go when their bosses realize they don't need to show up every day, or even at all.
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SHANGHAI (Reuters) - China wants the millions of coal and steel workers expected to be laid off in the next few years to be retrained, relocated or retired early as it tries to limit unrest while it tries to combat structural problems in its industrial sector.
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But it justifiably stoked fears of creeping automation-fueled job loss, as it turned out the bulk of that $2.5 billion was going to be spent paying out severance for the apparently quite significant portion of PepsiCo's 263,000 employees that were going to be laid off.
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Li did not specify the number of workers that would be laid off or retrained but numbers could be as high as over the next two to three years, Reuters has reported, and many that do find new jobs will likely be in lower-paid roles.
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STOCKHOLM, March 23 (Reuters) - Up to 1.7 million Swedish workers could be laid off as companies cut production and the government is preparing further measures to dampen the effects on the economy to be included in an extra budget, Finance Minister Magdalena Andersson said on Monday.
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More than 0003,200 drivers who deliver Amazon packages to homes and businesses across the country each day will be laid off by the end of April as the e-commerce giant continues a significant shift from large delivery contractors to smaller ones that are cheaper and easier to control.
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Qatar Petroleum's chief executive said at the end of last year the merger of RasGas and Qatargas would help to cut operating costs by hundreds of millions of dollars at the world's largest LNG producer, and another group official familiar with the plan said hundreds of people would be laid off.
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Recessions don't impact Americans uniformly — workers in certain industries, such as hospitality, restaurants and food services, which tend to employ many younger workers under 40, are more likely than others to be laid off in the event of recession, according to Carter Price, a senior mathematician at the Rand Corp.
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Services firms continued to create new jobs last month but at a slower pace, another worry for Beijing which is hoping the sector can absorb some of the millions of manufacturing workers who are expected to be laid off in coming years as it tries to reduce massive overcapacity in industries such as steel.
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In the email, Claure did not specify how many people will be laid off, only that "the necessary job eliminations" will "start in earnest this week in the U.S." Multiple reports in recent weeks have said WeWork could cut 4,4013 jobs, if not more, with The New York Times reporting that many of those positions are part of its core coworking business.
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