Whirlpool lay off 5,000 employees all over the world
The world largest home appliances manufacturer Whirlpool Corporation announces to a restructuring plan and plans to increase layoff number into 5000 people. Reporter from Whirlpool Chinese companies have learned, it is unclear whether the layoff will affect China or not.
U.S. chip maker Freescale plans to lay off 10% of employees all over the world
According to foreign media reports, Freescale plans to lay off 10% employees (at least 2400), in order to cope with the recession of the crisis. Freescale said that the company would lay off at least 10% of 24 thousand people, which would be started from current fiscal quarter while most of them would be finished in the first half of next year.
IT industry laid off 19,000 people
Foreign media reports that over the past week, the unemployed number of the U.S. technology and media industry once again rose 18885 people, which means that over the past two months, 108 U.S. companies in the IT industry have had 38,538 layoffs.
Among which, Motorola layoffs are 3,000 people, Qwest layoffs are 1,200 people, Electronic Arts layoffs are 600 people. In addition, a number of small and medium-sized companies also laid off employees: Revision3 layoffs are people, Emusic layoffs are 10 people, Sugar Publishing layoffs are 9 employees, Aliph / Jawbone layoffs are 25 people, matchmine layoff are 42 people, Gizmos layoff are 10 people. In addition, the media industry has joined the ranks to lay off employees: Gannett lay off 3,000 people, Time Inc. Lay off 600 employees, Conde Nast laid off 32 people.
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Tudou Lay off it Employees while Ku6 Operation Transition
From informed sources, Tudou website has laid off 20% of employees in September. Moreover, the company has cut off part of the bandwidth; as a result, the traffic on its Web site also shows a marked decline. 56.com continues to close or open, while Ku6 transforms its operation, etc. The blooming video websites have now kept an enterprise going by painstaking effort.
Xiangjiang appeared the tide of Layoffs and Bankruptcy
Since the mid-October, almost every day there would appear one company claiming to bankrupt and round up. Among which, there are U-Right International, Hejun Toys, 3-D Gold and Hengfeng Jewelry, Telling Electronic, Bailingda, and other famous companies, which have caused thousands of layoffs. By the impact of reduced demand, airline, real estate companies and restaurants all have spread layoff news.
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Due to the impact of the economic downturn, Shanghai foreign banks start to freeze the staff recruitment and have quietly begun to lay off the employees. “China Securities News” reported that HSBC, Citigroup, Standard Chartered, East Asia in Shanghai all have slowed down the pace of mortgage business. The operators in some famous foreign banks would be laid off if they could not finish their business index.
Three Major Aviation Giants all have losses; layoff rumor is rife and rampant
On October 29, Air China Limited and China East Air issued the third quarter performance report: Air China Limited have a deficit of 2330 million yuan, while China East Air lost 1940 million yuan. However, with Chinese special national conditions, China airlines generally will not dismiss the employees unless absolutely compelled. But there is a great possibility to cut the salary for the employees.
P2P video software start to carry out the PPLive layoff plan to deal with the financial winter
P2P video software has launched a plan to lay off the employees. The relevant people who are responsible for co-operation and market in Beijing and Shanghai will be the layoffs firstly, there are about 10 peoples, occupying 10% of the total number. It is claimed that the layoffs will receive three months salary as the severance cost.
Financial turmoil brought about large layoffs; Qirui Layoff Rumor Survey
Currently the network widely spread about the news on Wuhu in Anhui: Qirui Automobile has recently started large-scale layoff plan in order to get a substantial reduction in staff size. The insider people of another auto company said that, “His company also has laid off the employees, but mainly laid off temporary employees, while Qirui laid off over 4000 people, which involves in production and management positions. “
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