BANGKOK (Xinhua) — 25 factories hit by floods in central province of Ayutthaya have re-employed more than 33,000 workers after floodwaters started to subside, Bangkok Post daily newspaper reported on Wednesday.
Category Archives: Career Issues
AMD cutting 1,400 workers in first move by new CEO
SAN FRANCISCO (AP) — Advanced Micro Devices Inc. is cutting some 1,400 workers as a weak computer market and manufacturing delays have hurt the world’s second-biggest maker of microprocessors for PCs.
The layoffs announced Thursday amount to about 12 percent of the company’s 12,000 workers and are the first big move by AMD’s new CEO, Rory Read, who was hired from Lenovo Group in August.
Unemployment rate skyrockets for unusual reason in August 2011
With unemployment remaining high, the U.S. real estate market has stayed low. The most talked about items today are home foreclosures and sale price reudctions. The rate of vacancy in the US is 12% and showing no sign of improvement. According to unemployment-extension.org, the high demand for jobs shows unemployment can be attributed to the slump in the real estate market.
Swedish banking sector to cut 6,000 jobs
STOCKHOLM (Xinhua) — Swedish banking sector plans to cut 6000 jobs this year, according to a report from Swedish Daily on Friday.
