about us | newsletter | contact | archive | members area
Mihai Patrascu, evoMAG
Competition is beneficial to the end customer»
  Reports:      REPORTS   |

Sacked: the big lay-off list

Some employers are putting in place a pay freeze or pay cut for their staff, while others are granting a rise in line with inflation.

April 2009 - From the Print Edition

Some are laying off staff for a few weeks or months, such as Dacia-Renault. Another strategy is to cut down the working week to four days, which Michelin in Zalau has done in February. This allows companies to adjust to market demand without dismissing staff.
But the sectors experiencing massive lay-offs include industries in petrochemicals, car parts, construction materials, mining and metal products. Below are some major announced redundancies over last six months, many of which have not...

To continue reading this article you have to be registered

The content that you are trying to view is available only for the registered users.
If you want to read this article now, please subscribe for FREE
New user Already registered ?
As a registered user you will have a lot of benefits.
      Forgoten password

There are 0 comments:

Validation Code

0 Comments  |  4671 Views
Daily Info
AFI Europe Romania increased its net operating income by ten per cent to over 51 million Euro during 2017

AFI Europe Romania published its financial results. The Net Operating Income (NOI) from its income producing assets in Romania reached to over 51 million Euro in 2017, represe...

BRD to pay highest dividends in bank's history

BRD Groupe Societe General, the third-biggest lender in Romania, proposes a gross dividend per share of 1.64 RON from last year's net profit, the highest in the bank's history...

Uber to launch first food delivery service Eats in Bucharest

Uber will launch in the first food delivery service Eats in Bucharest and in 100 cities in Europe, Middle East and Africa, says the logistics head of Uber. In Bucharest the la...

DS Smith is looking for growth on the Romanian packaging market

DS Smith announced the completion of its 208 million Euro acquisition of EcoPack and EcoPaper, Romania. The acquisition significantly increases DS Smith's capacity to serve cu...

New brand identity for Radisson Hotel Group launches at IHIF

Carlson Rezidor Hotel Group announces its rebranding to Radisson Hotel Group, effective immediately, at the International Hotel Investment Forum (IHIF) in Berlin.





More on Reports
Oil & Gas Industry: Challenges and opportunities for Romania

As it appears from the four scenarios of the Romanian Energy Strategy, natural gas will play an important role with expected significant increases in the energy mix startin...

Romanian Energy Awards 2017: performance and exceptional accomplishments

The Diplomat - Bucharest celebrated the winners of 21 assigned categories for both conventional and renewable energy, within a prestigious event continuing the annual tradi...

Digital Banking and Insurance Conference - opportunities and threats for the financial sector

Digitalization is radically transforming the banking and insurance industries, enabling new products, services and business models. This transformation will take time to co...

Thermal Energy Forum - Can Romania stand the heat?

The European Commission presented a package of measures to keep the European Union competitive as the transition to clean energy is changing global energy markets By Petre...


Romania, Czech investors' reliable partner

Romania is not inch-perfect, but it still counts as a good destination on the foreign investor's map, as confirmed by the Czech community present at the second edition of t...


Sneak peek into energy's future

In the light of the new National Strategy currently being debated, where Romania faces new challenges regarding the energy market, The Diplomat - Bucharest organized in lat...

Smart Transformation Forum 2016 - The next challenge for mankind?

In the context of the "fourth industrial revolution" that everyone is talking about these days, The Diplomat - Bucharest organised the "Smart Transformation Forum 2016" to ...