Barclays, Pearson, Virgin Media and others have announced big layoffs following poor results – research shows it could be bad strategy in the long-run.
UPDATE: Workers for transport company 1st Fleet were handed redundancy notices when they arrived for work this morning, after the company ceased trading. Are we seeing something of this same attitude recently…
As if losing their jobs wasn’t bad enough in a contracting local economy, the 350 laid-off workers from the Toyota plant in Altona, also leave with the stigma of being a “low-productivity” worker or, colloquially…
More than 100 academic staff at the University of Sydney are set to lose their jobs after receiving emails to inform them they could be made voluntarily redundant by July. The university this morning sent…
Plans by the University of Sydney to post hundreds of letters to staff on a redundancy hit list on Monday afternoon are likely to go ahead after a final round of fractious meetings this afternoon. The…