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Items tagged with: layoffs
Tag was last used: Sep 18, 2010
 
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Posted By:  zephyr
Posted On:  Sep 18, 2010

  A late lesson for an old revolutionary

BY KEEBLE McFARLANE In the bad old days of the now defunct Soviet Union, exasperated citizens described their dilemma with a hoary old phrase: "We pretend to work and the state pretends to pay us". Well, the grand communist experiment imploded and collapsed just over two decades ago, and...... [view]

Posted By:  zephyr
Posted On:  Sep 13, 2010

  One in seven Americans now living in poverty

By Patrick Martin: Census figures for 2009, to be released Thursday, are expected to show that the poverty rate soared last year to nearly 15 percent. One out of every seven Americans is now living below the official poverty level, the highest proportion since the 1960s. One in five...... [view]

Posted By:  zephyr
Posted On:  Jul 8, 2009

  Bahamas: Loss provisioning loses more ground to non-accruals

By VERNON CLEMENT JONES ~ Guardian Business Editor ~ vernon@nasguard.com: Loan loss provisioning at the country's commercial banks continues to lose ground against growing arrears, says the latest Central Bank report. It's a phenomenon only expected to worsen. "Banks augmented loan loss...... [view]

Posted By:  zephyr
Posted On:  Apr 5, 2009

  Guyana government to bear cost if efforts to recover Bahamas investments fail, says president

GEORGETOWN, Guyana: President Bharrat Jagdeo says the Guyana government may phase an allocation of US$34 million over a ten-year period to be borne by the treasury should the monies invested by CLICO Guyana in CLICO Bahamas not be recovered, further bolstering the guarantee he made to...... [view]

Posted By:  onlinesneh
Posted On:  Mar 25, 2009

  Is lay off the only measure to ensure cost cutting? Should companies not take it as a last resort to ensure trust in their employees?

This is a question I have been Asking people from quite some time and interestingly got lots of different replies by people across the globe. Here are a few, hope you will enjoying reading: George Sibbald: Some see periodic cuts as health for any company. Jack Welch cut 10% every year. Do...... [view]

Posted By:  ssimpson
Posted On:  Mar 21, 2009

  Day 1 - What am I going to do?

So here I am, I need 25 custom trade show displays... I forgot my boss asked me 2 months ago to do it and it was one of those things that I just put off... I don't know, probably wrote it on a piece of paper or my hand, whatever. We are going to this conference in Zurich in 2 weeks and I need...... [view]

Posted By:  zephyr
Posted On:  Mar 15, 2009

  More news on the agonies of capitalism

Reflections of Fidel: TODAY I read the cables from March 11th. Information is continuing to rain down on the international economic crisis. This time, it was Joseph Stiglitz, the well known economist and recipient of the Nobel Prize in Economic Sciences speaking; the press and academia...... [view]

Posted By:  Prabaharan
Posted On:  Oct 16, 2008

  Crash Landed Aviation Sector

Gloom and doom surrounds the economy. Aviation sector is not an exception. In the first sign of nervousness, Jet Airways issued pink slips to its 1900 employees. Without any prior notice, Jet had taken this shocking decision. Cabin crew in fresh and clean attire waiting for company vehicle to...... [view]

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