site.news_by_theme job cuts

Microsoft axes 2,100 as job cuts continue
Microsoft axes 2,100 as job cuts continue

Microsoft said that it axed 2,100 jobs in a second round of cuts which were announced earlier this year.

Microsoft axes 2,100 as job cuts continue
Photo courtesy of nv.kz
Mass layoffs expected at ArcelorMittal Temirtau

ArcelorMittal Temirtau plans to dismiss almost one thousand Kazakhstan workers in 2014.

Mass layoffs expected at ArcelorMittal Temirtau
ArcelorMittal Temirtau employees. Photo courtesy of nv.kz
ArcelorMittal Temirtau denies job cuts

ArcelorMittal Temirtau has denied nurturing plans to lay off its employees.

ArcelorMittal Temirtau denies job cuts
©Reuters
ArcelorMittal Temirtau to start axing 2500 workers in spring 2014

ArcelorMittal Temirtau is going to start dismissing 2500 workers of its metallurgical plant in spring 2014: HR Director Andrzej Wypych.

ArcelorMittal Temirtau to start axing 2500 workers in spring 2014
Lakshmi Mittal. Photo courtesy of etoday.ru
Nursultan Nazarbayev and Lakshmi Mittal discuss job cuts at ArcelorMittal Temirtau

President of Kazakhstan Nursultan Nazarbayev discussed job cuts at the ArcelorMittal Temirtau plant with its Indian owner Lakshmi Mittal.

Nursultan Nazarbayev and Lakshmi Mittal discuss job cuts at ArcelorMittal Temirtau
AOL Chairman and CEO Tim Armstrong. ©REUTERS/Jonathan Ernst
AOL trims its Patch news operations

AOL said Friday it was cutting an unspecified number of jobs at its Patch hyperlocal news operations, while consolidating or closing some Patch sites.

AOL trims its Patch news operations
©REUTERS/Mike Blake
Cisco to cut 4,000 jobs

Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.

Cisco to cut 4,000 jobs
©REUTERS
ArcelorMittal Temirtau to cut 3,000 jobs

ArcelorMittal Temirtau is lowering the production volumes mainly because of oversupply of steel at the global market, and axes jobs.

ArcelorMittal Temirtau to cut 3,000 jobs
©RIA Novosti
Cutting over 400 jobs in Pavlodar linked to suspension of export to Iran

Pavlodar oblast authorities have linked firing of over 400 employees of the steel plant with suspension of export of goods to Iran.

Cutting over 400 jobs in Pavlodar linked to suspension of export to Iran
Spain banks cut thousands of jobs in shakeup
Spain banks cut thousands of jobs in shakeup

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.

Spain banks cut thousands of jobs in shakeup
Photo courtesy of grani.ru
Pavlodar steel plant to cut over 400 jobs

The company explained that the cuts were a forced measure caused by decreasing demand for their products and shrinking production volumes.

Pavlodar steel plant to cut over 400 jobs
Samruk-Kazyna office. Photo by Vladimir Dmitriyev©
Samruk-Kazyna will cut over 4,000 jobs in 2 years

Samruk-Kazyna National Welfare Fund will cut over 4,000 jobs in two years.

Samruk-Kazyna will cut over 4,000 jobs in 2 years
KazMunaiGas headquarters. Photo by Danial Okassov©
KazMunaiGas cut a quarter of managerial jobs

Managerial personnel of KazMunaiGas National Oil Company has been axed by 23 percent.

KazMunaiGas cut a quarter of managerial jobs
Photo by Yaroslav Radlovskiy©
BTA Bank to cut 25 percent of jobs

BTA Bank has started optimizing its personnel and structure. 25% of its employees are going to be axed.

BTA Bank to cut 25 percent of jobs
Extended meeting of Samruk-Kazyna National Welfare Fund. Photo by Danial Okassov©
Kazakhstan national companies comment expected job cuts

Managers of Kazakhstan Temir Zholy, KazAtomProm and KazMunaiGas spoke about the current and future optimization of their structures.

Kazakhstan national companies comment expected job cuts
KazMunaiGas headquarters building. Photo by Danial Okassov©
Job cuts expected in KazMunaiGas headquarters

At the same time the number of production units is expected to be increased.

Job cuts expected in KazMunaiGas headquarters

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