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Articles tagged with: workforce

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The layoffs keep coming

October 22, 2008 – 12:10 am – No Comment

Yahoo announced that it will be cutting at least 1,500 from its workforce. With its stock at a 5.5 year low, this is the second time in 9 months that Yahoo has looked to layoffs to make up lost profits. 1,500 workers equals …

Volvo Cars to cut more than 3,000 jobs.

October 9, 2008 – 10:17 am – No Comment

Volvo Cars will be slashing 13% of its workforce because of lack in global demand for their safe, but relatively fuel inefficient cars. 2,000 of the jobs would be blue collar jobs in Sweden.
The automaker has been hit hard by the downturn of global …

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