GE Money Layoffs Job Cut: may fire 250 employees

First it was GE Security Layoffs Job Cut and then it was GE Aviation Layoffs Job Cut. Now, The news is from GE Money, the division which provides private-label credit cards to retailers, is reported to be going for layoffs. The news is not good for the employees of the GE Money as the organization is going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat.
How many employees may be fired in the GE Money layoffs?
As per the reports, there are going to be 250 job cuts by GE Money.

What is the total no. of employees of GE Money?
The total no. of employees of GE Money is not known as of now.

What will be the cost and savings by GE Money layoffs?
No information available on the cost and savings by the GE Money layoffs.

When will the GE Money layoffs happen?
The layoffs will be completed by June 29, 2009.

Which locations and department of employees will be affected by the GE Money layoffs ?
The layoffs would mainly be in the Tampa office where ALL the employees will be laid off (customer service center at 3802 Northdale Blvd)

What is the primary reasons for GE Money layoffs?
The reason being quoted is the GE Money is consolidating some of its customer service operations into other offices and hence all the work being done in Tampa will now move to GE Money center in Kansas.

Any other news about GE Money layoffs
As per TBO, Workers at the Tampa call center will be offered severance payments, job placement assistance and career counseling.
Let's hope that alternative jobs are available to the affected employees of GE Money Layoffs Job Cut

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Barclays Layoffs Job Cut: may fire 700 UK employees

The news is not good for the employees of the Barclays Corporation, the major banking organizations, as the organization may be going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Barclays Organization, which may be going for layoffs.
How many employees may be fired in the Barclays layoffs?
As per the reports, there can be around 700 layoffs by Barclays. Out of this, around 50% or 350 are new job cuts while the rest are what was announced last year as a part of 1800 job cuts.

What is the total no. of employees of Barclays?
The total no. of employees of Barclays is not known as of now.

What will be the cost and savings by Barclays layoffs?
No info about the savings to be made.

When will the Barclays layoffs happen?
The layoffs are going to be done in phases through the year end.

Which locations and department of employees will be affected by the Barclays layoffs ?
All job cuts will be in UK. It will be the IT staff that will face the axe. These jobs are reported to be shifted to low cost countries like Hungry, India and Singapore.

What is the primary reasons for Barclays layoffs?
Cost Cutting and relocation of jobs to lost cosst countries.

Any other news about Barclays layoffs
As per CIO, A separate 4,200 job cuts are taking place in investment banking, wealth management and retail banking, outside of the GISD division, but expected to affect back office staff extensively.
Let's hope that alternative jobs are available to the affected employees of Barclays Layoffs Job Cut

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Japan Airlines Layoffs Job Cut: may fire 1200 employees

The news is not good for the employees of the Japan Airlines Corporation, which is the leading airline company of Japan, as the organization may be going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Japan Airlines Organization, which may be going for layoffs.
How many employees may be fired in the Japan Airlines layoffs?
As per the reports, there can be around 1200 layoffs by Japan Airlines.

What is the total no. of employees of Japan Airlines?
The total no. of employees of Japan Airlines is reported to be around 49,200 globally. Plans are to reduce it to 48,000 which means that there can be more layoffs.

What will be the cost and savings by Japan Airlines layoffs?
Plans are to cut costs by around 50 billion yen or USD 512 million.

When will the Japan Airlines layoffs happen?
The layoffs are going to be done this fiscal year.

Which locations and department of employees will be affected by the Japan Airlines layoffs ?
No info available location or department wise.

What is the primary reasons for Japan Airlines layoffs?
Cost Reduction due to falling passenger traffic is the main reason of the layoffs.

Any other news about Japan Airlines layoffs
As per Bloomberg, Japan Air had a net loss of 63 billion yen in the year ended March 31 compared with a previous forecast for a 34 billion yen loss
Let's hope that alternative jobs are available to the affected employees of Japan Airlines Layoffs Job Cut

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TeleTech Layoffs Job Cut: may fire 280 employees

The news is not good for the employees of the TeleTech Corporation, which is in the call center business, as the organization may be going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the TeleTech Organization, which may be going for layoffs.
How many employees may be fired in the TeleTech layoffs?
As per the reports, there can be around 279 layoffs by TeleTech. There were around 500 job cuts by the company in Halifax last month, while 1000 employees lost jobs in Ontario at two of the TeleTech facilities.

What is the total no. of employees of TeleTech?
The total no. of employees of TeleTech is reported to be around 28,000 globally as of now.

What will be the cost and savings by TeleTech layoffs?
No info about the savings to be made.

When will the TeleTech layoffs happen?
The layoffs are going to be done by August 20th, 2009.

Which locations and department of employees will be affected by the TeleTech layoffs ?
Mount Pearl call centre will be the one affected this time. There were around 500 job cuts by the company in Halifax last month, while 1000 employees lost jobs in Ontario at two of the TeleTech facilities.

What is the primary reasons for TeleTech layoffs?
Changes in the client needs are the main reason of the layoffs.

Any other news about TeleTech layoffs
As per CBC, The company blames changes in the business needs of its clients.
Let's hope that alternative jobs are available to the affected employees of TeleTech Layoffs Job Cut

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NASA Layoffs Job Cut: may fire 900 employees

The news is from NASA, the world famous space research agency of the USA, is reported to be going for layoffs. The news is not good for the employees of the NASA as the organization is going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat.
How many employees may be fired in the NASA layoffs?
As per the reports, there are going to be 900 job cuts by NASA.

What is the total no. of employees of NASA?
The total no. of employees of NASA is not known as of now.

What will be the cost and savings by NASA layoffs?
No information available on the cost and savings by the NASA layoffs.

When will the NASA layoffs happen?
Around 160 notices were learnt to be given on Friday. The rest of the layoffs will happen in the coming next 5 months.

Which locations and department of employees will be affected by the NASA layoffs ?
The layoffs would mainly be in for the contractors producing the space shuttle fuel tanks outside New Orleans and the shuttle solid rocket boosters in Utah.

What is the primary reasons for NASA layoffs?
The reason being quoted is the NASA is set to retire its space shuttle fleet in 2010 and hence the contract workers associated with it are going to loose their jobs.

Any other news about NASA layoffs
As per Reuters, The prime contractors for those components are Lockheed Martin Corp and ATK Thiokol.
Let's hope that alternative jobs are available to the affected employees of NASA Layoffs Job Cut

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