Job Cuts – The European Union Times ⚡ Shocking Hidden News Reports ⚡

Greeks protest ahead of parliamentary vote on new job cuts

EU Times — Wed, 17 Jul 2013 21:09:54 +0000

Tens of thousands of Greek public sector workers have staged a new day of protest ahead of a parliamentary vote that would facilitate the layoff of thousands of workers. The Wednesday protest gathered municipal workers and mayors in Athens just before lawmakers sit to vote a bill that will put 4,200 civil servants under so-called […]

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Athens mayor attacked over job cuts tied to Greece bailout

EU Times — Mon, 08 Jul 2013 21:04:28 +0000

Greek staff unionists have physically assaulted Athens Mayor Giorgos Kaminis amid protests against job cuts tied to Greece’s bailout, officials say. The mayor’s office said Kaminis was “physically attacked” on Sunday while he was leaving a Confederation of Greek Municipalities (KEDE) meeting, where he held discussions about the austerity measures and their affects on thousands […]

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Renault warns unions of factory closures amid cuts, layoffs

EU Times — Thu, 24 Jan 2013 17:44:11 +0000

Renault has officially warned unions that car factories will close unless they seal an agreement of salary cuts and thousands of layoffs in the floundering company. “If there is no deal, it is impossible to leave things as they are,” Executive Vice President and Chairman of French Operations Gerard Leclercq said on Wednesday and added, […]

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Bank of America plans to cut 16,000 jobs by end of 2012

EU Times — Thu, 20 Sep 2012 22:22:57 +0000

Major US financial services corporation Bank of America plans to slash 16,000 jobs by the end of the year as part of an extensive cost-cutting measure to make the institution more profitable. Following the planned reduction in the Bank’s workforce, the multinational US company would no longer hold its current title as the American banking […]

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Women hardest hit by UK government job cuts

EU Times — Wed, 28 Mar 2012 22:08:09 +0000

Over two-thirds of the employees in local government and schools who have lost their jobs since the general election in 2010 are women, warns the GMB union. A new study by the public services union on the latest official figures for employment in councils between the first quarter of 2010 and the third quarter of […]

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