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Unemployment & Downsizing

Troubled economic times, by any name

Experts apply different words to turmoil; here's what they mean Stocks are falling, unemployment is rising and even banks seem to be hiding their money under mattresses. It's tough to measure how bad things are and impossible...

In wake of layoffs, Micron buys part of Taiwanese co.

06:52 PM MDT on Sunday, October 12, 2008 KTVB.COM BOISE - Just days after Boise-based Micron Technology announced it would lay off 1500 local employees, the company is making another announcement – one that will grow the...

Fidelity cuts jobs as funds contract

By Kate Burgess, Investment Correspondent Up to 200 UK jobs are to go at Fidelity International as the fund manager renews efforts to reduce costs and contain the damage to profits from falling assets under management....

Families and companies will suffer as financial crisis infects real economy say analysts

Families and companies will soon start to suffer because of the financial crisis as banking turmoil helps create a "perfect storm" in the economy. The rising cost of borrowing and the lack of available finance will help tip the...

Signs of recession: the impact on Britain's real economy

The International Monetary Fund last week predicted that the British economy would sink into a recession next year as it slashed its growth forecast for the period from 1.7% to -0.1%.Already there are signs that the real...

Gardai blame rise in unemployment for surge in shoplifting

By Tom Brady Security Editor Monday October 13 2008 THE economic slump is being blamed for an increase in thefts from shops and restaurants in Dublin over the summer. Gardai believe a rise in unemployment is linked to the...

Son on payroll of minister seeking job cuts

By Michael Brennan Political Correspondent Monday October 13 2008 A JUNIOR minister who recently called for job cuts among the "featherless but still plump State hens" in the civil service is employing his own son at taxpayers'...

More retail job cuts expected

Updated at 9:26am on 13 October 2008 The retail industry expects more job cuts as lagging consumer spending crimps sales in the sector. Pumpkin Patch laid off 30 staff two weeks ago, as its sales falter in the Northern...

Surviving a merger

Rahul Shekhawat, a consultant with an IT firm, was expecting to be promoted to the role of a client relations manager. So the news of his company being acquired came as a letdown because, in order to cut costs, the new...

Germans think of a new way to reduce Taliban militancy

Germans think of a new way to reduce Taliban militancy Monday, October 13, 2008 By Rauf Klasra ISLAMABAD: The German government is said to have quietly backed a unique proposal to recruit jobless youth of the war-torn tribal...

               

Subcategories

Unemployment , Downsizing