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35,000 Financial Jobs at Risk in Australia

If you thought that America and Europe were the only ones having economic problems then take a look down under at what government reforms of the Finance Industry is expected to do…

MORE than 35,000 financial advisers and support staff could be driven out of the industry under an alarming prediction from the financial planning industry, which fears that sweeping legislative changes will swamp their businesses in red tape.

Amid predictions of job losses in the banking industry as credit growth slows, …


Latest Layoffs Closings


Foxconn to lay off 600 people in Slovakia

Foxconn makes a variety of electronics including Apple iPhone, iPad and computer products for other big name companies. Its a pretty big deal if they are shuttering doors even if it is not in the USA.

Taiwanese electronics company Foxconn will lay off 600 people in its Slovak plant where it makes LCD televisions for Sony due to low demand, Slovak business daily Hospodarske noviny reported on Monday.

“The unfavourable situation in the LCD television sector in the global and European markets …