Tag - layoffs

 
 

LAYOFFS

Japan Times
BUSINESS
Jan 14, 2019
SpaceX's 10% workforce cut includes 577 layoffs at California HQ
Hours after launching its first rocket of the new year on Friday morning, Elon Musk's company told stunned employees that roughly 10 percent of SpaceX's workforce would be laid off. Workers were sent home early to await notification to their private email addresses about their fate.
Japan Times
BUSINESS
Nov 29, 2018
Trump asking agencies to look at GM subsidy cuts after carmaker announced layoffs, closures: source
President Donald Trump has asked federal agencies to look for ways to cut subsidies to General Motors Co. following the automaker's announcement that it plans to close factories and lay off thousands of workers, according to a source familiar with his instructions.
Japan Times
BUSINESS
Nov 28, 2018
Trump 'very cross' with GM boss over layoffs, Larry Kudlow says
Donald Trump's top economic adviser said he had conveyed to General Motors Co. Chief Executive Mary Barra the president's anger over her plans to close U.S. factories and lay off thousands of workers.
BUSINESS / Economy
Jan 9, 2015
U.S. jobless claims dip; 2014 layoffs lowest in 17 years
The number of Americans filing new claims for unemployment benefits fell last week and job cuts declined sharply in December, suggesting the labor market is tightening.
COMMENTARY / Japan
Dec 20, 2014
A better way to spend yen on schools
Japan's Finance Ministry wants to increase the number of students in each class to save ¥8.6 billion in personnel costs. This will result in 3,325 schools being shuttered and up to 4,000 teachers cashiered. A good idea perhaps, but why not prioritize spending on students who need the most attention?
Japan Times
BUSINESS / Tech
Jul 18, 2014
Microsoft to cut 18,000 jobs this year as it chops Nokia ranks; stock surges
Microsoft Chief Executive Officer Satya Nadella kicked off one of the largest layoffs in tech history Thursday, signaling he intended to shake up the aging PC industry titan, but leaving questions about how exactly he would transform it into a nimbler, Web-based rival to Apple Inc and Google Inc.
JAPAN / Media / MEDIA MIX
Jan 26, 2013
No room for subtleties when laying off workers
Thanks to a feature that appeared on the front page of the Dec. 31 issue of the Asahi Shimbun, oidashi beya is the first topical neologism of 2013 if you don't count "Abenomics." It's not clear if the term, which translates as "expulsion room," was coined by the newspaper, but since then the blogosphere and social networks have picked up on it and the concept it describes, a holding area for full-time workers deemed unnecessary but who won't quit. These employees are retained but given little or no meaningful work.

Longform

A statue of "Dragon Ball" character Goku stands outside the offices of Bandai Namco in Tokyo. The figure is now as recognizable as such characters as Mickey Mouse and Spider-Man.
Akira Toriyama's gift to the world