#Job Cuts

[allthecanadianpolitics]

The Canadian Broadcasting Corp. and Radio-Canada will eliminate about 600 jobs and an additional 200 vacancies will go unfilled as it contends with a $125 million budget shortfall. The public broadcaster said Monday that CBC and Radio-Canada will each cut about 250 jobs, with the balance of the layoffs coming from corporate divisions such as technology and infrastructure. Some of the cuts will be made immediately while others will be carried out over the next 12 months.

Continue Reading

Tagging @politicsofcanada

[dispatchesfromtheclasswar]

[theeodialogs]

Volkswagen CEO Says 35,000 German Job Cuts Are ‘Good News’

Volkswagen’s deal with workers’ representatives contemplates 35,000 jobs in future Germany-“is good news”, said the company CEO on Sunday.

It is one of the biggest adjustments planned in Volkswagen’s German operations capacity reductions under the last-minute agreement between the manufacturer’s workers.

The agreement followed months of strife with employees, arising from the car manufacturer’s indication for the very first time in its 87-year history that it might close plants in Germany, accompanied by a plan of wage cuts, that led more than 100,000 Volkswagen workers to strike at the company’s German plants early December.

“This agreement is good news for Volkswagen,” Volkswagen Group CEO Oliver Blume told Frankfurter Allgemeine in an interview on Sunday. Read more

[diagnozabam]

Volkswagen ajunge la un acord cu sindicatele pentru reducerea personalului, fără închideri de fabrici

Volkswagen a ajuns la un acord semnificativ cu sindicatele, după negocieri intense care au durat 70 de ore, cel mai lung astfel de proces din istoria companiei. Acordul prevede reduceri considerabile de personal, dar evită închiderea unor fabrici și tăieri de salarii. Reducerea personalului și restructurarea operațiunilor Compania germană a convenit să reducă aproximativ 35.000 de locuri de…

[entrepreneurkiawaz]

Volkswagen CEO Announces Job Cuts, Plant Closures, and Restructuring in 3-4 Years

Volkswagen CEO, Thomas Schaefer, stated on Saturday that the automaker has no choice but to implement job cuts and plant closures in order to achieve €4 billion in cost reductions.

In an interview with Welt am Sonntag, Schaefer emphasized that the company must find comprehensive solutions to address its challenges. “Any solution must reduce both overcapacity and costs. We cannot apply a temporary fix and continue as is, as it would eventually have serious repercussions,” he said, according to Reuters.

These remarks come amid an intensifying dispute with workers, which is expected to worsen the situation. Workers have threatened to strike in December and are urging the company to find solutions that avoid factory closures and major job cuts, particularly in ongoing negotiations regarding pay and capacity.

Schaefer noted that most of the layoffs could be managed through normal attrition and early retirement. Read more

[tenth-sentence]

McKinsey in particular drove home the message that head office had to be further pared back, with the head-office staff of 1,100 cut by up to 60 per cent, and that would entail drastic reductions in the economics and strategy units.

"Westpac: The Bank That Broke the Bank" - Edna Carew

[chawsl]

[my-life-in-stars]

Today has been a shitshow, in the purest form.

The two remaining members of my team got laid off. I'm the freaking "project manager," but how am I supposed to do everything without a team?? Like, these guys were basically my left and right arms for keeping things running, a core unit.

No warning. No time to prepare or figure out solutions or do a hand off. One guy just sent an SOS message letting us know he was being laid off, and the next thing I learn is that guy 2 is gone too.

And I'm left to clean up the mess. The real kicker? Guy 2's wife is supposed to give birth any day now.

Like, these are people's lives. And I know they'll be fine, but when people say companies don't have loyalty anymore, this is what they're talking about.

I've just gone through all the emotions today. Rage. Sadness. Frustration. Numbness. Back to being pissed off lol.

I like my job reasonably well most days, but this sucks so hard.

[ujusttry]

Google Layoffs Employees In AI Division Amidst Leadership Changes

Google's AI division faces a shakeup with layoffs. Discover the reasons, the impact on Fitbit execs, and the ripple effect in the evolving tech industry landscape of 2024.

Introduction: Google Layoffs Employees The aim of discussing “Google Layoffs Employees” is to provide a concise yet thorough understanding of recent workforce reductions at Google, particularly within its AI division. The article intends to explore the reasons behind the layoffs, highlight the broader context of reorganization, and examine the implications for both Google and the tech…

[nepalniceties]

Nokia Announces Ambitious Cost-Cutting Plan with Job Cuts and Strategic Focus

Finnish telecommunications giant Nokia is set to implement a significant cost-cutting measure, targeting the reduction of 9,000 to 14,000 jobs by the end of 2026. The move comes as Nokia reported a 20% decline in sales during the period between July and September, attributing the downturn to sluggish demand for 5G equipment in markets like North America. With a current global workforce of 86,000…

[arttsuka]

I made @wolfythewitch 's fox Bill design out of polymer clay

It's pretty thin (so thin I'm afraid it'll snap in half anytime I lift it)

Front and back side:

[theeodialogs]

Boeing Layoffs: Hundreds Fired in the U.S., Impacting 17,000 Employees

Aerospace giant Boeing has initiated significant layoffs in Washington and California as part of planned workforce reductions in the U.S. These cuts will ultimately reduce the company’s headcount by approximately 17,000 employees. As part of this process, around 400 employees in Washington and over 500 in California have been laid off.

Previously, Boeing announced plans to downsize its workforce by 10% over the coming months as it grapples with financial challenges, regulatory issues, and the aftermath of a two-month machinists’ strike. However, CEO Kelly Ortberg clarified that the layoffs were not a direct result of the strike but were necessary due to overhiring in recent years. Employees were informed in advance about the decision. Read more -- https://theceodialogs.com/

[khuskar]

Accenture to Cut 19,000 Jobs in Digital Transformation Drive

Accenture cut 19000 jobs!

According to a recent announcement from consulting firm Accenture, the company is planning to cut approximately 19,000 jobs, or 5% of its global workforce, over the next few months. The decision comes as part of the firm’s ongoing efforts to streamline its operations and focus more on digital services and cloud computing. Accenture’s CEO, Julie Sweet, stated that the cuts will primarily affect…