Tag Archives: Jobs

Angry Birds maker Rovio to cut up to 130 jobs

By Jussi Rosendahl HELSINKI (Reuters) – Finnish mobile games maker Rovio, owner of the Angry Birds brand, plans to cut up to 130 jobs in Finland, or 16 percent of its workforce, saying growth has not been as strong as … Continue reading

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Toshiba says to cut 900 jobs in PC restructuring

TOKYO (Reuters) – Japan's Toshiba Corp said it would cut 900 jobs in a restructuring of its PC business that will include an exit from business-to-consumer operations in some regions. The Japanese electronics conglomerate expects the PC restructuring to cut … Continue reading

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Jobs Friday—When Bubblevision Misses The Epic Failure Of The US Labor Market

By David Stockman: CNBC’s long-running “jobs Friday” fetish is getting downright appalling. Each month the BLS puts out a treasure trove of data on the rich and complex mosaic of the US labor market—-a download that embodies a truly frightening … Continue reading

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Leading economies face ‘global jobs crisis’

Leading economies creating too few jobs, while many of those being produced are too low quality to generate a meaningful global growth, report says Asia homepage

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Today’s Jobs Report And The Cult Of Central Banking: Counting Angels On The Head Of A Pin While Main Street Flounders

By David Stockman: That didn’t take long. The Fed’s unpaid PR flack at the Wall Street Journal, Jon Hilsenrath, was out with hardly an hour to spare after the August jobs report—relaying word from the Eccles Building that ZIRP is … Continue reading

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US jobs growth disappoints

August non-farm payrolls of 142,000 fall well short of forecasts, breaking a six month run of jobs growth above 200,000 Asia homepage

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Stocks retreat ahead of US jobs data

Markets were looking ahead to the key monthly US non-farm payrolls report due for release before the opening of the New York trading session Asia homepage

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Renesas says may cut more jobs, but restructuring past halfway

By Sophie Knight and Reiji Murai TOKYO (Reuters) – Japanese chipmaker Renesas Electronics may cut more jobs as it finishes a massive restructuring that is focusing its business on the automotive and industrial sectors and has pulled it back into … Continue reading

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Cisco to cut another 6,000 jobs as forecast falls flat

Cisco Systems Inc forecast tepid current-quarter results and said it plans to cut another 6,000 jobs, as the network equipment maker works through a transition toward a new cycle of high-end switches and routers. We are going to lead it, … Continue reading

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Court told of ‘fear’ of Apple’s Jobs

Judge rejects deal in class action brought on behalf of 64,000 tech workers over alleged collusion between Silicon Valley companies not to poach staff Asia homepage

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