Posts filed under ‘recruitment’

100 Biggest Companies of the World – Rankings and Statistics

Rank

Company

Country

Industry

Sales ($bil)

Profits ($bil)

Assets ($bil)

Market Value ($bil)

1

HSBC Holdings

United Kingdom

Banking

146.50

19.13

2,348.98

180.81

2

General Electric

United States

Conglomerates

172.74

22.21

795.34

330.93

3

Bank of America

United States

Banking

119.19

14.98

1,715.75

176.53

4

JPMorgan Chase

United States

Banking

116.35

15.37

1,562.15

136.88

5

ExxonMobil

United States

Oil & Gas Operations

358.60

40.61

242.08

465.51

6

Royal Dutch Shell

Netherlands

Oil & Gas Operations

355.78

31.33

266.22

221.09

7

BP

United Kingdom

Oil & Gas Operations

281.03

20.60

236.08

204.94

8

Toyota Motor

Japan

Consumer Durables

203.80

13.99

276.38

175.08

9

ING Group

Netherlands

Insurance

197.93

12.65

1,932.15

75.78

10

Berkshire Hathaway

United States

Diversified Financials

118.25

13.21

273.16

216.65

10

Royal Bank of Scotland

United Kingdom

Banking

108.45

14.62

3,807.51

76.64

12

AT&T

United States

Telecommunications Services

118.93

11.95

275.64

210.22

13

BNP Paribas

France

Banking

116.16

10.71

2,494.41

81.90

14

Allianz

Germany

Insurance

139.12

10.90

1,547.48

80.30

15

Total

France

Oil & Gas Operations

199.74

19.24

165.75

181.80

16

Wal-Mart Stores

United States

Retailing

378.80

12.73

163.38

198.60

17

Chevron

United States

Oil & Gas Operations

203.97

18.69

148.79

179.97

18

American Intl Group

United States

Insurance

110.06

6.20

1,060.51

118.20

19

Gazprom

Russia

Oil & Gas Operations

81.76

23.30

201.72

306.79

20

AXA Group

France

Insurance

151.70

7.75

1,064.67

70.33

21

Banco Santander

Spain

Banking

72.26

10.02

1,332.72

113.27

22

ConocoPhillips

United States

Oil & Gas Operations

171.50

11.89

177.76

129.15

23

Goldman Sachs Group

United States

Diversified Financials

87.97

11.60

1,119.80

67.16

24

Citigroup

United States

Banking

159.23

3.62

2,187.63

123.44

25

Barclays

United Kingdom

Banking

79.70

8.76

2,432.34

62.43

26

EDF Group

France

Utilities

81.60

7.69

271.66

170.81

27

E.ON

Germany

Utilities

94.04

9.86

200.84

126.22

28

ENI

Italy

Oil & Gas Operations

119.27

13.70

128.15

127.38

29

Petrobras-Petróleo Brasil

Brazil

Oil & Gas Operations

87.52

11.04

129.98

236.67

30

PetroChina

China

Oil & Gas Operations

88.24

18.21

111.70

546.14

31

Procter & Gamble

United States

Household & Personal Products

79.74

11.13

144.40

203.67

32

Deutsche Bank

Germany

Diversified Financials

95.50

7.45

1,485.58

56.27

33

UniCredit Group

Italy

Banking

63.67

7.19

1,077.21

77.46

34

Telefónica

Spain

Telecommunications Services

82.40

13.00

143.13

138.42

35

Mitsubishi UFJ Financial

Japan

Banking

49.49

7.50

1,591.56

98.14

36

Volkswagen Group

Germany

Consumer Durables

149.00

5.64

210.88

90.23

37

IBM

United States

Software & Services

98.79

10.42

120.43

157.62

38

ArcelorMittal

Luxembourg

Materials

105.22

10.37

133.65

108.82

38

Daimler

Germany

Consumer Durables

145.11

5.82

199.77

85.16

40

BBVA-Banco Bilbao Vizcaya

Spain

Banking

54.34

8.94

733.14

78.29

41

Wells Fargo

United States

Banking

53.59

8.06

575.44

96.37

42

ICBC

China

Banking

37.48

6.31

961.65

289.57

43

Credit Suisse Group

Switzerland

Diversified Financials

83.72

7.53

1,194.75

50.85

44

HBOS

United Kingdom

Banking

100.32

8.10

1,336.17

44.84

45

Crédit Agricole

France

Banking

101.59

6.49

1,662.60

45.73

45

Nestlé

Switzerland

Food Drink & Tobacco

94.76

9.38

99.06

188.11

47

Fortis

Netherlands

Diversified Financials

121.19

5.46

1,020.98

49.04

48

Verizon Communications

United States

Telecommunications Services

93.47

5.65

186.96

104.27

49

France Telecom

France

Telecommunications Services

77.31

9.20

137.09

87.89

50

Siemens

Germany

Conglomerates

103.20

5.42

126.72

118.47

50

Wachovia

United States

Banking

55.53

6.31

782.90

60.69

52

Sinopec-China Petroleum

China

Oil & Gas Operations

133.79

6.90

77.44

186.38

53

Hewlett-Packard

United States

Technology Hardware & Equip

107.67

7.85

88.57

122.04

54

Lloyds TSB Group

United Kingdom

Banking

58.74

6.53

701.08

50.95

55

Royal Bank of Canada

Canada

Banking

43.57

5.77

629.96

64.41

56

Bank of China

China

Banking

31.13

5.49

679.57

171.45

57

Pfizer

United States

Drugs & Biotechnology

48.42

8.14

115.27

152.17

58

Johnson & Johnson

United States

Drugs & Biotechnology

61.10

10.58

80.95

175.51

59

Samsung Electronics

South Korea

Semiconductors

92.26

8.56

87.49

87.84

60

StatoilHydro

Norway

Oil & Gas Operations

89.00

7.52

89.16

98.36

61

Generali Group

Italy

Insurance

102.16

3.17

486.43

60.79

62

CCB-China Construction Bank

China

Banking

29.16

5.93

697.44

126.55

63

Microsoft

United States

Software & Services

57.90

16.96

67.34

253.15

64

Suez Group

France

Utilities

64.96

5.37

114.89

83.56

65

Zurich Financial Services

Switzerland

Insurance

55.05

5.63

387.67

45.76

66

Nippon Telegraph & Tel

Japan

Telecommunications Services

91.57

4.06

149.71

60.27

67

Sanofi-aventis

France

Drugs & Biotechnology

40.95

7.68

104.98

101.17

68

Honda Motor

Japan

Consumer Durables

94.35

5.04

101.82

56.82

69

Nokia

Finland

Technology Hardware & Equip

74.54

10.52

52.62

145.66

70

Munich Re

Germany

Insurance

67.57

5.63

306.03

37.34

71

Mizuho Financial

Japan

Banking

32.52

5.28

1,272.17

48.80

72

Novartis

Switzerland

Drugs & Biotechnology

40.22

12.62

71.89

111.62

73

MetLife

United States

Insurance

53.01

4.32

558.56

41.32

74

Roche Holding

Switzerland

Drugs & Biotechnology

40.65

8.60

67.72

169.32

75

Morgan Stanley

United States

Diversified Financials

85.33

2.56

1,045.41

46.53

76

Vale

Brazil

Materials

33.23

10.26

74.70

161.39

77

Rio Tinto

United Kingdom/Australia

Materials

29.70

7.31

100.81

165.48

78

China Mobile

Hong Kong/China

Telecommunications Services

37.06

8.29

62.44

308.59

79

GlaxoSmithKline

United Kingdom

Drugs & Biotechnology

45.07

10.35

57.16

120.05

80

BASF

Germany

Chemicals

84.60

5.93

67.33

60.96

81

RWE Group

Germany

Utilities

56.17

3.64

119.50

68.19

82

Sumitomo Mitsui Financial

Japan

Banking

33.04

3.76

850.75

56.10

83

BHP Billiton

Australia/United Kingdom

Materials

39.50

13.42

53.36

190.62

84

Time Warner

United States

Media

46.48

4.39

133.83

55.83

8
5

Banco Bradesco

Brazil

Banking

36.12

4.11

192.65

59.80

85

KBC Group

Belgium

Banking

35.22

4.66

517.98

43.66

87

Dexia

Belgium

Banking

140.78

3.47

889.98

28.04

88

Altria Group

United States

Food Drink & Tobacco

38.05

9.16

57.21

154.20

89

National Australia Bank

Australia

Banking

38.88

4.06

499.44

43.95

90

Cisco Systems

United States

Technology Hardware & Equip

37.68

8.07

55.30

145.39

91

Manulife Financial

Canada

Insurance

33.08

4.01

178.58

59.18

92

Bank of Nova Scotia

Canada

Banking

28.02

4.25

431.30

48.08

93

Intel

United States

Semiconductors

38.33

6.98

55.65

115.59

94

Unilever

Netherlands/United Kingdom

Food Drink & Tobacco

54.82

5.30

53.40

92.75

95

Toronto-Dominion Bank

Canada

Banking

26.51

4.20

443.56

48.38

96

Nissan Motor

Japan

Consumer Durables

89.09

3.92

104.20

37.90

97

Lehman Bros Holdings

United States

Diversified Financials

59.00

4.19

691.06

27.05

98

Carrefour Group

France

Food Markets

112.40

3.15

75.73

49.95

99

Commonwealth Bank

Australia

Banking

26.48

3.80

360.42

51.86

100

Boeing

United States

Aerospace & Defense

66.39

4.07

58.99

63.32

January 29, 2009 at 1:38 pm Leave a comment

Layoff Tracker – Since November 08 – Till Date – Total 350,725 Layoffs

<!–

–>

Date

Company

Total Laid Off

Industry

MM/DD/YYYY COMPANY NAME #### INDUSTRY

1/28/2009

Starbucks

6,700

Restaurants

1/28/2009

Boeing

10,000

Aerospace

1/28/2009

Time Warner

1,500

Media

1/27/2009

Target

1,000

Retailing

 

 

 

 

1/27/2009

Masco

600

Construction

1/26/2009

IBM

2,800

Software

1/26/2009

Texas Instruments

3,400

Semiconductors

1/26/2009

Lincoln National

540

Insurance

1/26/2009

Caterpillar

20,814

Capital Goods

1/26/2009

General Motors

9,758

Durables

1/26/2009

Home Depot

7,000

Retailing

1/26/2009

Pfizer

19,800

Pharmaceuticals

1/26/2009

Sprint Nextel

8,000

Telecommunications

1/23/2009

Abercrombie & Fitch

50

Retailing

1/23/2009

Deere & Company

662

Capital Goods

1/23/2009

Harley-Davidson

1,100

Consumer Durables

1/22/2009

Microsoft

5,000

Software

1/22/2009

Huntsman

1,665

Chemicals

1/21/2009

Burlington Santa Fe

2,500

Transportation

1/21/2009

UAL

1,000

Transportation

1/21/2009

SPX

400

Conglomerates

1/21/2009

Intel

5,000

Semiconductors

1/21/2009

Walt Disney

600

Media

1/21/2009

Wynn Resorts

53

Leisure

1/21/2009

Eaton

5,609

Capital Goods

1/20/2009

Clear Channel

1,850

Media

1/20/2009

Deere & Co.

160

Capital Goods

1/16/2009

ConocoPhillips

1,300

Oil & Gas

1/16/2009

Hertz Global Holdings

4,000

Business Services

1/16/2009

WellPoint

600

Health Care

1/16/2009

Advanced Micro Devices

1,700

Semiconductors

1/15/2009

Xerox

275

Business Services

1/15/2009

MeadWestvaco

2,000

Materials

1/15/2009

Autodesk

750

Software

1/15/2009

Marshall & Ilsley

830

Banking

1/15/2009

General Electric

1,000

Conglomerates

1/14/2009

Ecolab

1,000

Chemicals

1/14/2009

Delta Air Lines

2,000

Transportation

1/14/2009

Motorola

4,000

Technology

1/14/2009

Google

100

Software

1/13/2009

KeyCorp

200

Banking

1/13/2009

Newell Rubbermaid

75

Household

1/13/2009

Cummins

1,300

Capital Goods

1/12/2009

Textron

2,665

Conglomerates

1/12/2009

Mosaic

1,000

Chemicals

1/12/2009

Best Buy

500

Retailing

1/12/2009

Precision Castparts

40

Defense

1/9/2009

Oracle

500

Software

1/9/2009

Smithfield Foods

75

Food

1/9/2009

Freeport-McMoRan Copper & Gold

2,750

Materials

1/8/2009

Union Pacific

230

Transportation

1/8/2009

General Dynamics

179

Defense

1/7/2009

Walgreen

1,000

Retailing

1/7/2009

EMC

2,400

Technology

1/6/2009

Alcoa

13,500

Materials

1/5/2009

Cigna

1,100

Health Care

1/5/2009

United States Steel

4,225

Materials

12/31/2008

Mohawk Industries

160

Consumer Durables

12/31/2008

Tyson Foods

120

Food

12/31/2008

Target

132

Retailing

12/30/2008

Allegheny Technologies

323

Materials

12/30/2008

Motorola

400

Technology

12/23/2008

ULA (Boeing, Lockheed Martin)

172

Joint Venture

12/23/2008

Johnson Controls

125

Consumer Durables

12/23/2008

Las Vegas Sands

11,500

Leisure

12/22/2008

Parker-Hannifin

405

Capital Goods

12/19/2008

Genworth Financial

1,000

Insurance

12/19/2008

Electronic Arts

1,000

Software

12/19/2008

Sovereign Bancorp

1,000

Banking

12/18/2008

Omnicom Group

3,145

Media

12/17/2008

Ryder System

3,100

Services

12/17/2008

Western Digital

2,500

Technology

12/17/2008

Aetna

1,000

Health Care

12/17/2008

Parker-Hannifin

46

Capital Goods

12/17/2008

Bristol-Myers Squibb

3,700

Pharmaceuticals

12/16/2008

CBS

30

Media

12/15/2008

Merrill Lynch

400

Financials

12/15/2008

Charles Schwab

100

Financials

12/13/2008

Berkshire Hathaway

345

Finance

12/12/2008

International Paper

2,050

Materials

12/11/2008

Bank of America

35,000

Banking

12/11/2008

Whirlpool

250

Durables

12/10/2008

Mohawk Industries

105

Durables

12/10/2008

Procter & Gamble

320

Household

12/09/2008

Praxair

1,600

Chemicals

12/08/2008

Anheuser-Busch Co.

1,400

Food

12/08/2008

3M

2,300

Conglomerates

12/08/2008

Wyndham Worldwide

4,000

Leisure

12/08/2008

Dow Chemical

5,000

Chemicals

12/05/2008

Legg Mason

200

Financials

12/05/2008

Cablevision

100

Media

12/05/2008

Staples

140

Retailing

12/04/2008

Steel Dynamics

65

Materials

12/04/2008

Windstream

170

Telecommunications

12/04/2008

General Electric

500

Conglomerates

12/04/2008

E.I. du Pont de Nemours

2,500

Chemicals

12/04/2008

AT&T

12,000

Telecommunications

12/03/2008

United Technologies

350

Conglomerates

12/03/2008

Gannett

2,000

Media

12/03/2008

Adobe Systems

600

Software

12/03/2008

Jefferies Group

300

Financials

12/03/2008

Viacom

850

Media

12/01/2008

JPMorgan Chase

9,200

Banking

12/01/2008

PepsiCo

87

Food

11/25/2008

Dana Holding

50

Durables

11/24/2008

BlackRock

10

Financials

11/21/2008

Western Union

200

Business Services

11/20/2008

Bank of New York Mellon

1,800

Banking

11/20/2008

Boeing

800

Aerospace

11/17/2008

Citigroup

52,000

Banking

11/14/2008

Sun Microsystems

6,000

Technology

11/12/2008

Applied Materials

1,800

Technology

11/12/2008

Morgan Stanley

2,000

Finance

11/12/2008

Liberty Media

910

Retailing

11/11/2008

AK Steel Holding

800

Materials

11/7/2008

Ford Motor

2,600

Durables

11/6/2008

Mattel

1,000

Household

11/6/2008

MGM Mirage

400

Leisure

11/4/2008

Hartford Financial Services Group

500

Finance

January 29, 2009 at 1:27 pm Leave a comment

January 2009 Layoffs

Layoffs for January 2009 at America’s 500 largest public companies*:

151,352

Jan. 28: Boeing (nyse: BAnews people ) increases previously announced layoffs–bringing total to 10,000 workers, or 6% of the company’s workforce.

Jan. 28: Starbucks (nasdaq: SBUXnews people ) organizes closings at 900 stores worldwide and fires 6,700 in the process.

Jan. 28: Target (nyse: TGTnews people ) cuts 400 open positions and 600 employees on sagging sales.

Jan. 27: Time Warner’s (nyse: TWXnews people ) AOL reduces workforce by 10% (700 workers) as it fights declining ad revenue.

Jan. 27: Cabinet company Merillat–a subsidiary of Masco (nyse: MASnews people )–cuts 20% of workforce (70 workers).

Jan. 26: Texas Instruments (nyse: TXNnews people ) pink-slips 3,400 (12% of workforce).

Jan. 26: IBM (nyse: IBMnews people ) selects 2,800 to participate in its “current resource reduction action.”

Jan. 26: Lincoln National (nyse: LNCnews people ) posts five quarterly declines in profit; cuts 540 (5% of workforce).

Jan. 26: Caterpillar (nyse: CATnews people ) announces quarterly profit plunge of 32%; fires 20,000.

Jan. 26: Following the acquisition of the small drug outfit Wyeth for $68 billion, Pfizer (nyse: PFEnews people ) closes five factories and cuts 15% of total workforce (19,000 workers).

Jan. 26: Sprint Nextel (nyse: Snews people )
pink-slips 8,000 workers–recording more than $300 million in severance charges but saving $1.2 billion a year in labor costs.

Jan. 26: Home Depot (nyse: HDnews people ) closes high-end home design shops and slims ranks at headquarters; dismisses 7,000.

Jan. 26: General Motors (nyse: GMnews people ) cuts production at several plants and fires 2,000 in Michigan and Ohio.

Jan. 23: Brazil-based Deere & Company (nyse: DEnews people ) subsidiary lays off 502 employees.

Jan. 23: Abercrombie & Fitch (nyse: ANFnews people ) cuts 50 from headquarters as company leans expenses.

Jan. 23: Harley-Davidson (nyse: HOGnews people ) sees 60% drop in profits in fourth quarter of 2008; fires 1,100 (10% of workforce).

Jan. 22: Microsoft (nasdaq: MSFTnews people ) has first mass layoff in 34-year history; pink slips 5,000.

Jan. 22: Huntsman (nyse: HUNnews people ) reduces workforce by 9%; cutting 1,175 regular workers and 490 full-time contractors.

Jan. 21: Burlington Santa Fe cuts 2,500 workers (5% of workforce) despite a 19% jump in earnings during the fourth quarter.

Jan. 21: UAL (nasdaq: UAUAnews people ) fires 1,000 to cut overhead costs.

Jan. 21: SPX (nyse: SPWnews people ) attempts to sell a business unit and cuts 400 employees to help endure the downturn.

Jan. 21: Intel (nasdaq: INTCnews people ) closes five manufacturing plants and pink slips 5,000.

Jan. 21: Walt Disney (nyse: DISnews people ) offers voluntary buyouts to 600 theme park executives on poor attendance.

Jan. 21: Wynn Resorts wraps up construction on Las Vegas Strip casino with 53-worker layoff in design and construction affiliate.

Jan. 21: Eaton (nyse: ETNnews people ) brings total workforce reduction since the beginning of last year to 10% with 5,200-worker cut.

Jan. 21: Warner Bros. Entertainment–a part of Time Warner (nyse: TWXnews people )–cuts 10% (800) of its jobs.

Jan. 20: Clear Channel Communications (nyse: CCUnews people ) reduces workforce across the entire company by 9% accounting for 1,850 job losses.

Jan. 20: Deere & Co. (nyse: DEnews people ) dismisses 120 at Iowa plant.

Jan. 16: ConocoPhillips (nyse: COPnews people ) trims capital spending by 18%, writes off $34 billion and reduces workforce by 4% (1,300 jobs).

Jan. 16: Hertz Global Holdings (nyse: HTZnews people ) sets out for worldwide restructuring in first quarter of 2009; cuts 4,000 jobs.

Jan. 16: WellPoint (nyse: WLPnews people ) reduces workforce by 600 and removes 900 open positions.

Jan. 16: Advanced Micro Devices (nyse: AMDnews people ) reduces global workforce by 9% (1,100 jobs).

Jan. 15: Xerox (nyse: XRXnews people ) cuts 275 jobs in New York region.

Jan. 15: MeadWestvaco (nyse: MWVnews people ) fires 2,000 and plans closings or restructurings at up to 14 plants.

Jan. 15: Autodesk (nasdaq: ADSKnews people ) expects loss from 2008 fourth quarter; pink-slips 750 (10% of workforce).

Jan. 15: Marshall & Ilsley (nyse: MInews people ) cuts 8% of staff (830) in ongoing cost-cutting.

Jan. 15: General Electric (nyse: GEnews people )’s (nyse: GEnews people ) jet-engine group cuts 1,000 white-collar jobs.

Jan. 14: Ecolab (nyse: ECLnews people ) restructures and reduces workforce by 4% (1,000 jobs).

Jan. 14: Delta Air Lines (nyse: DALnews people ) gives 2,000 early retirements as part of 8% capacity reduction.

Jan. 14: Motorola (nyse: MOTnews people ) lays off 4,000 following a 3,000-worker layoff last year; expects savings of $700 million a year.

Jan. 14: Google (nasdaq: GOOGnews people ) fires 100 hirers as it cuts back on contract workers and temporary employees.

Jan. 13: Cummins (nyse: CMInews people ) freezes salaries for the rest of the year and lets 800 go.

Jan. 13: Pfizer (nyse: PFEnews people ) cuts 800 researchers as it lowers cost in the face of poor performance and coming patent losses.

Jan. 12: Mosaic (nyse: MOSnews people ) fires 1,000 in Saskatchewan.

Jan. 12: Aircraft maker and Textron (nyse: TXTnews people ) subsidiary Cessna sends 2,000 packing.

Jan. 12: Best Buy (nyse: BBYnews people ) clears 12.5% of its headquarters staff with 500-employee layoff.

Jan. 12: Precision Castparts (nyse: PCPnews people ) dismisses 40 as airline industry continues to struggle.

Jan. 9: Oracle (nasdaq: ORCLnews people ) reportedly cuts 500 from U.S. sales and consulting businesses.

Jan. 9: Boeing (nyse: BAnews people ) cuts 4,500 and returns workforce size to what it was in early 2008.

Jan. 9: Freeport-McMoRan (nyse: FCXnews people ) slices workforce in half at Arizona mine; 1,550 workers let go.

Jan. 9: Smitfield Foods’ (nyse: SFDnews people ) Butterball–the nation’s largest turkey company–fires 75 at Missouri plant.

Jan. 8: Union Pacific (nyse: UNPnews people ) pink-slips 230 as company struggles; stock down 22% year-to-date.

Jan. 8: Navy shipbuilder Bath Iron Works–owned by General Dynamics (nyse: GDnews people )–dismisses 179.

Jan. 8: Continuing companywide job cuts at Eaton (nyse: ETNnews people ) hit Iowa, with 78 laid off.

Jan. 8: Walgreen (nyse: WAGnews people ) cuts 1,000–roughly 9%–from corporate and field manager ranks.

Jan. 7: EMC (nyse: EMCnews people ) fires 2,400 as it reduces 2009 expenses by $350 million.

Jan. 6: Alcoa (nyse: AAnews people ) starts global salary and hiring freeze, plans sale of four non-core businesses and cuts workforce by 13% (13,500 jobs).

Jan. 6: Aqua Glass–a subsidiary owned by Masco (nyse: MASnews people )–pink-slips 30 employees.

Jan. 5: Cigna (nyse: CInews people ) reduces workforce by 4% (1,100 jobs).

Jan. 5: United States Steel (nyse: Xnews people ) cuts 50 jobs as it closes production lines in Texas.

 

January 29, 2009 at 1:21 pm 1 comment

IBM layoffs now 4,200 — may go higher

IBM’s not-so-secret layoffs may have reached 4,200, according to Alliance@IBM, which believes that thousands of other employees will be losing their jobs as well before the cuts end. According to Lee Conrad, a former IBM employee who is now the national coordinator of Alliance@IBM, about 1,200 employees who work in IBM’s systems technology group at sites around the country have been laid off, and about 200 in the research division were let go as well. These reports bring the total layoff count at IBM to about 4,200. Source: Computerworld

January 29, 2009 at 5:29 am Leave a comment

Global job losses could hit 51 million

As many as 51 million jobs worldwide could be lost this year because of the global economic crisis, says the International Labour Organization(ILO). The UN agency says that would push up the world’s unemployment rate to 7.1% by the end of 2009, compared with 6.0% in 2008 and 5.7% in 2007. The ILO’s most optimistic forecast is for 18 million more unemployed, giving a global jobless rate of 6.1%. It says developing countries will suffer most from additional job losses. Source: BBC News

January 29, 2009 at 5:29 am Leave a comment

Green Collar Jobs: 37 million by 2030

The renewable energy and energy efficiency (RE&EE) industries represented more than 9 million jobs and $1,045 billion in U.S. revenue in 2007, according to a new report offering the most detailed analysis yet of the green economy. The renewable energy industry grew three times as fast as the U.S. economy, with the solar thermal, photovoltaic, biodiesel, and ethanol sectors leading the way, each with 25%+ annual revenue growth. According to the advanced scenario in the report, which represents the upper limit of what is technologically and economically feasible, RE&EE would generate about 37 million jobs and $4,294 billion in annual revenue by 2030. Source: American Solar Energy Society

January 29, 2009 at 5:28 am 3 comments

SAP cutting 3,000 jobs worlwide

SAP AG said Wednesday it will cut a little more than 3,000 jobs in response to the worldwide economic downturn. The Walldorf, Germany-based software giant said it will reduce its work force to 48,500 by the end of the year, down from 51,536 at the end of last year. The cuts will enable it to save 300 million to 350 million euros a year starting in 2010, SAP said. Source: Philadelphia Business Journal

January 29, 2009 at 5:26 am Leave a comment

Older Posts Newer Posts


June 2020
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  

Blog Stats

  • 6,464 hits