UAE auto sales may slow (AME Info)
Automobile sales growth in the UAE could decline next year when the impact of the global financial crisis hits the region, reported Gulf News. Other factors that are likely to hinder sales growth are job cuts and a slowdown in the local real estate sector, the credit squeeze imposed by banks, perennial traffic congestion on Dubai's roads and tightened rules over the issuance of new driving ... |
Peugeot to cut up to 3,550 jobs as sales dwindle (Reuters via Yahoo! UK & Ireland News)
PSA Peugeot-Citroen, Europe's second-biggest carmaker, announced a fresh wave of job cuts on Thursday as a decline in European car sales is seen continuing into 2009. |
Louisiana-Pacific rises after job cuts, upgrade (AP via Yahoo! Finance)
Shares of Louisiana-Pacific Corp. surged Wednesday as an analyst upgraded the wood products maker after the company announced job cuts and other cost reductions. |
NXP sees sales decline by up to 25% in Q408 (EETimes)
In a grim update on immediate prospects, NXP Semiconductors said it is forecasting a 15 to 25 percent sequential decline in sales for the fourth quarter of 2008, blaming the weakening macroeconomic conditions and a deteriorating sales environment. |
And you thought your job was stressful... (CNN)
If you want to find a job that is free of stress, you're out of luck. Only characters in movies and on TV have jobs that don't cause occasional hair-pulling or high blood pressure. |
Large-scale job cuts in India unlikely: Cabinet Secretary (The Hindu)
NEW DELHI: India is unlikely to see any large-scale job cuts as it has a strong domestic market to consume what it produces, Cabinet Secretary Mr K M Chandrasekhar said. |
Citigroup’s Patterson Exits as Job Cuts Begin in Asia (Update4) (Bloomberg)
Nov. 19 (Bloomberg) -- Citigroup Inc.’s head of Asia- Pacific sales trading, Richard Patterson , has left after more than five years as the New York-based bank starts cutting jobs in the region, two people familiar with the matter said. |
Atlanta Firefighters Face More Possible Job Cuts (WSB-TV 2 Atlanta)
ATLANTA -- The Atlanta Fire Department is facing more possible job cuts and closed fire stations. The city is looking at ways to save money and has not ruled out firefighters furloughs or closing fire stations. |
Job losses mount amid recession blues (The Globe and Mail)
LONDON — Global economic misery spread on Thursday with the Federal Reserve predicting U.S. recession well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting. |
P&G, Google play job swap (Independent Online)
The world's largest consumer products company and the online search leader are working together to learn more about each other and about targeting customers. |
