The European Union (EU) risks facing a "decade of retrenchment" and high unemployment unless 10 million new jobs are created by 2014, British Prime Minister Gordon Brown has warned.In a letter to Fredrik Reinfeldt, the current EU Council president, Brown urged a new direction in Europe on the issues of employment and growth."We must now put Europe on a different course. We need - as a matter of urgency...
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visitThe third quarter marked a return to growth for the U.S. economy, but not a return to profit growth for most U.S. companies.Sure, most corporations exceeded Wall Street's beaten-down expectations. But on an absolute basis—compared to last year's third quarter—corporate earnings are poised to fall for a ninth straight quarter, a record losing streak, as companies continue to shed workers, businesses...
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Airways Group Inc., which sounded upbeat about traffic rebounding when it announced a smaller-than-expected third-quarter loss earlier this month, Wednesday unveiled a major route retrenchment and job cuts aimed at returning the company to profitability.The sixth-largest U.S. airline by traffic, US Airways said it is realigning its operations to focus almost exclusively on flights from its three domestic...
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Various central trade unions Wednesday held protest meetings across the country against price rise, retrenchment and divestment in public sector undertakings (PSU), and demanded proper implementation of labour laws."Lunch hour gate meetings at various factories and offices across the state (Tamil Nadu) were held. Across the country, such meetings were held depending on convenience of the state and...
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Various central trade unions under the banner of All India Trade Union Congress (AITUC), affiliated to the Communist Party of India, held a demonstration here on Wednesday against price rise and unemployment.The major unions that participated in the protest included the Centre of Indian Trade Unions (CITU), the Bhartiya Mazdoor Sangh (BMS), the Hind Mazdoor Sabha (HMS), the All India Trade Union Congress...
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Various central trade unions under the banner of All India Trade Union Congress (AITUC), affiliated to the Communist Party of India, held a demonstration here on Wednesday against price rise and unemployment.The major unions that participated in the protest included the Centre of Indian Trade Unions (CITU), the Bhartiya Mazdoor Sangh (BMS), the Hind Mazdoor Sabha (HMS), the All India Trade Union Congress...
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Patna, Nov.14 (ANI): As the nation celebrated Children's Day on Saturday, several kids of the retrenched employees of various State-run enterprises in Bihar took out a rally to draw attention of all to their plight.Over 3,000 employees of various state-run firms have been retrenched over a period of time.Children said, following their parent's retrenchment, their families could no more support them...
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Like they say, for every accident that occurs, there would have been 99 near misses. "Firing an employee is similar to that. Imagine how an organization would have thought about various other alternatives before resorting to sacking an employee, as that is the most difficult decision. Unless one gives a strong reason to get fired, be it consistent lack of performance, indiscipline, integrity or work...
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: Various central trade unions Wednesday held protest meetings across the country against price rise, retrenchment and divestment in public sector undertakings (PSU), and demanded proper implementation of labour laws."Lunch hour gate meetings at various factories and offices across the state (Tamil Nadu) were held. Across the country, such meetings were held depending on convenience of the state and...
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the nation celebrated Children's Day on Saturday, several kids of the retrenched employees of various State-run enterprises in Bihar took out a rally to draw attention of all to their plight.Over 3,000 employees of various state-run firms have been retrenched over a period of time.Children said, following their parent's retrenchment, their families could no more support them to pursue education or...
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