Layoffs – The European Union Times ⚡ Shocking Hidden News Reports ⚡

Microsoft cuts 7800 jobs in major layoff

EU Times — Sat, 11 Jul 2015 22:21:50 +0000

World’s software giant, Microsoft, says it is planning to cut about 8,000 jobs while reorganizing its Windows Phone unit, which is facing fierce competition in global mobile market. The move to cut 7,800 jobs, which was announced on Wednesday, represents the company’s second major round of layoffs in a year. Microsoft also slashed about 18,000 […]

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Coca Cola workers protest Spanish govt. inaction on their mass layoff

EU Times — Wed, 18 Mar 2015 15:18:55 +0000

In June 2014 the National High Court of Spain deemed illegal the layoff of 1200 workers in Coca Cola’s bottling plant in Madrid. 9 months have gone by and Coca Cola still has not complied with the law. Moreover, the National Court has also condemned the multinational company for denying its workers the right to […]

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Crude price drop triggers major layoffs in US oil industry

EU Times — Wed, 31 Dec 2014 17:07:03 +0000

Thousands of recently highly paid workers have been laid off after the oil price plummeted 50 percent in 2014. At least four American oil-producing states are already facing budget problems due to decreasing oil revenues. The price plunge has affected petroleum production in all oil-extracting countries, including the US. Currently cheap fuel is still believed […]

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Teachers protest against education cuts in Hungary

EU Times — Sun, 23 Nov 2014 15:25:13 +0000

Thousands of Hungarian teachers have staged an anti-government protest in the capital Budapest to call for dialogue on education reforms and a halt to funding cuts. Some 2,000 teachers said on Saturday that the government of Prime Minister Viktor Orban has excluded them from talks on an overhaul of the country’s education sector since he […]

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Microsoft to cut 18K jobs worldwide

EU Times — Tue, 29 Jul 2014 14:38:08 +0000

The US software giant Microsoft has announced plans to slash 18,000 jobs from its global workforce in 2015, the largest cuts in the company’s 39-year history. In a statement on Thursday, the company described the shakeup as part of its strategy to streamline business under new CEO Satya Nadella. Layoffs represent about 14 percent of […]

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Microsoft announces biggest layoff in history, cutting 18,000 jobs

EU Times — Thu, 17 Jul 2014 15:58:54 +0000

Microsoft will cut a record 18,000 jobs next year, as the company’s new CEO Satya Nadella seeks to boost efficiency, according to a company memo on Thursday. “The first step to building the right organization for our ambitions is to realign our workforce. With this in mind, we will begin to reduce the size of […]

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Greek civil service workers go on strike over massive layoffs

EU Times — Tue, 09 Jul 2013 22:01:05 +0000

Tens of thousands of Greek municipal workers have staged a strike to protest against the massive public sector layoffs enacted by the government in order to secure promised loans. Greek civil servants including policemen and schoolteachers took to the streets outside the Administrative Reform Ministry in Athens on Monday, as the government prepared to justify […]

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1000s of students demonstrate in Madrid against education cuts

EU Times — Fri, 15 Mar 2013 21:29:40 +0000

Thousands of students and teachers have demonstrated in the Spanish capital Madrid to protest against the government’s budget cuts in the education sector. Carrying flags and banners that read “Our education will not pay your debt,” the demonstrators marched towards the education ministry on Thursday to voice their anger at the crisis budget cuts and […]

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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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Vladimir Putin closes all casinos in Moscow and other cities on July 1

EU Times — Tue, 30 Jun 2009 16:35:21 +0000

Russian gamblers are placing their final bets before casinos close down for good in Moscow and other big cities. A new law that comes into effect Wednesday says gambling must now be confined to four far-flung special zones. Casinos and slot machines will now be allowed to operate only in Kaliningrad on the Baltic Sea, […]

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