According to a report released by global outplacement consultancy firm Challenger, Gray & Christmas Inc., job cuts in February were at their lowest level since 2006. Employers cut 42,090 jobs last month, which is a 41% decrease over January, when 71, 482 jobs were cut. In February 2009 employers made 186, 350 job cuts. Layoffs [...]
Continue reading...Wednesday, January 27, 2010
Contrary to business analyst’s predictions, Oracle founder Larry Ellison will hire 2,000 employees after buying out Sun Microsystems. Ellison has decided to take advantage of Sun Microsystems background in hardware and hire 2,000 new people in sales and engineering to create and market large computer systems. Ellison believes that the future of computing will combine [...]
Continue reading...Tuesday, January 26, 2010
Edy’s Ice cream will hire 120 workers for its Fort Wayne, Indiana facility. The Fort Wayne facility makes Nestle drumsticks and other products. The new jobs are a part of a company consolidation and will increase the plant’s workforce to 600 employees. Last year the company was in the final phase of a $29.5 million [...]
Continue reading...Monday, January 25, 2010
Online investment firm Scotttrade is expanding and will add 285 jobs in the Denver area. Scotttrade, which was named one of Fortune’s 2010 “Best Companies to Work For,” recently purchased a new facility that will house information technology and national service center associates, according to local reports. The company will begin hiring in the [...]
Continue reading...Monday, January 25, 2010
In a quarterly survey of the nation’s businesses the National Association for Business Economics reported that the percentage of businesses expecting to hire in the next six months exceeded projected job cuts by 6 points. Expectations for capital spending improved for a fifth straight quarter. 63% of respondent’s states that concerns over health care and environmental [...]
Continue reading...Tuesday, January 19, 2010
Convergys Corp. plans to create 120 jobs within the next two months. These jobs will mainly be based in the company’s Hickory, North Carolina call center. 500 employees currently work at the facility. New employees will provide customer service for an unnamed telecommunications client. The average pay for a customer service position is $9.50 per [...]
Continue reading...Monday, January 18, 2010
Capsugel of Greenwood, South Carolina projects that it will create 50 jobs in 2010 after a 14,500 square foot expansion of its facilities. This expansion will include additional office, lab and production space. Construction of the expanded facility should be completed by early 2011. The expansion has been made possible by a $15 million investment [...]
Continue reading...Monday, January 11, 2010
Ford Motor Company plans to invest $450 million to consolidate its electric car program in south east Michigan, bringing in approximately 1000 new jobs. The new jobs will primarily be in manufacturing lithium ion batteries, and some of these jobs are being brought to the US from Mexico. An additional 8000 jobs will be saved [...]
Continue reading...Monday, October 26, 2009
The National Association for Business Economics released a survey of its members today that showed more companies planning to add jobs than cut jobs, for the first time since December 2007. For the first time since October of 2008, more member companies increased capital spending last quarter than cut it. Two other [...]
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Wednesday, March 3, 2010
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