Roche detailed its "operational excellence" cost-cutting program in a statement, confirming a total workforce reduction of 4,800 jobs, plus another 1,500 positions being either transferred or outsourced to third parties. In total, 6,300 jobs will be affected, with 2,650 coming from pharmaceutical sales and marketing, and 3,550 happening in the US, according to the release. As part of the restructuring, Roche will focus on late-stage cancer products including T-DM1, pertuzumab and MetMab, according to the announcement.
LOS ANGELES - For $700 a month, 65-year-old Esmeralda Calderon cares for children part-time through a federal community service job that's in jeopardy because of cuts to the proposed federal budget for 2011. It's the only source of income for a woman who has no one to rely on and lives alone in public housing in a gritty Hollywood neighborhood. Under the Department of Labor's Senior Community Service Employment Program, more than 75,000 elderly Americans living in poverty in all 50 states earn their keep by the slimmest of margins. To qualify, participants must be older than 55 and earning less than 125 percent of the federal poverty level - $13,600 a year.
S. private employers added 114,000 jobs last month, the payroll company ADP Inc. of Roseland reported Wednesday. That was the good news on jobs. Challenger, Gray & Christmas Inc., the Chicago outplacement firm, delivered the bad news: Employers announced job cuts of 66,414 in July, which was a 16-month high and up 60 percent from the previous month. Among the companies announcing plans to cut thousands of jobs were Merck & Co., Goldman Sachs, Borders, Cisco Systems and Lockheed Martin.
More service and job cuts like the ones imposed in March are not needed to balance the Port Authority of Allegheny County's proposed $370.2 million operating budget for the 2012 fiscal year, officials said. The year after that could be tougher.
LINTHICUM - Northrop Grumman said Thursday it will lay off 200 employees at its Electronic Systems division after failing to hit a buyout target announced in March. The 200 employees at Maryland, Virginia, Florida and Connecticut will be notified by May 17, and laid off by the end of the month, Vice President James F. Pitts said in a letter to employees announcing the job cuts.
AUGUSTA - A conservative think tank that has had Gov. Paul LePage's attention on budget matters proposed Wednesday that the Legislature slash 3,880 state employees in order to "right-size" Maine's publicly funded work force to the national average. The Maine Heritage Policy Center gathered reporters at the State House to release a report called "Right-Sizing Maine's State Government Workforce." What started as a discussion about the center's desire to downsize state government shifted to the issue of whether LePage's current budget proposal is conservative enough for the politically hard-right policy center and its supporters.
In his first analyst conference since being promoted to CEO and chairman of Bank of New York Mellon Corp., Gerald Hassell said the bank would stick to the 1,500 job cuts and hiring freeze announced a month ago by predecessor Robert Kelly. We have to reduce our expense base and improve our operating efficiencies," Hassell told analysts at the Barclays Capital Global Financial Services conference in London on Tuesday.
WASHINGTON - Michael Conner, an executive with Cincinnati-based Frisch's Restaurants, says he's all for the Republican push to shrink government spending - except when it comes to job-training programs that help businesses. In their quest for deep government spending cuts, House Republicans passed a budget bill that would slash funding for a nationwide program that trains unemployed workers and helps them find jobs with companies looking for qualified employees. Conner and other critics say that provision is at odds with Republicans' pledge to bring down the jobless rate.
In his first analyst conference since being promoted to CEO and chairman of Bank of New York Mellon Corp., Gerald Hassell said the bank would stick to the 1,500 job cuts and hiring freeze announced a month ago by predecessor Robert Kelly. We have to reduce our expense base and improve our operating efficiencies," Hassell told analysts at the Barclays Capital Global Financial Services conference in London on Tuesday.
Staff Writer Lancaster County commissioners are considering several job cuts that would save the county nearly a half million dollars.
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
summary judgment trilogy | minerals and rocks | Burke Lakefront Airport | Michael Mariotte | regalia craft | Personal sanitario de la seguridad social | bismuth cristal | Garanzia cambio
