site.news_by_theme job cuts
Microsoft said that it axed 2,100 jobs in a second round of cuts which were announced earlier this year.
ArcelorMittal Temirtau plans to dismiss almost one thousand Kazakhstan workers in 2014.
ArcelorMittal Temirtau has denied nurturing plans to lay off its employees.
ArcelorMittal Temirtau is going to start dismissing 2500 workers of its metallurgical plant in spring 2014: HR Director Andrzej Wypych.
President of Kazakhstan Nursultan Nazarbayev discussed job cuts at the ArcelorMittal Temirtau plant with its Indian owner Lakshmi Mittal.
AOL said Friday it was cutting an unspecified number of jobs at its Patch hyperlocal news operations, while consolidating or closing some Patch sites.
Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.
ArcelorMittal Temirtau is lowering the production volumes mainly because of oversupply of steel at the global market, and axes jobs.
Pavlodar oblast authorities have linked firing of over 400 employees of the steel plant with suspension of export of goods to Iran.
Crippled Spanish banks said they would cut thousands of jobs after Brussels on Wednesday gave a green light for a big slice of aid to rescue them with tough conditions.
The company explained that the cuts were a forced measure caused by decreasing demand for their products and shrinking production volumes.
Samruk-Kazyna National Welfare Fund will cut over 4,000 jobs in two years.
Managerial personnel of KazMunaiGas National Oil Company has been axed by 23 percent.
BTA Bank has started optimizing its personnel and structure. 25% of its employees are going to be axed.
Managers of Kazakhstan Temir Zholy, KazAtomProm and KazMunaiGas spoke about the current and future optimization of their structures.
At the same time the number of production units is expected to be increased.
- Nursultan Nazarbayev
- United States
- Samruk Kazyna
- BTA Bank
- Kazakhstan Temir Zholy