Tags: Fears

Reports that Teva Pharmaceutical Industries is planning a restructuring involving mass layoffs in Israel sparked calls on Wednesday for a half-day general strike to be held in protest. The plan includes closing Teva’s research and development centre in the coastal city of Netanya, selling its logistics centre in Shoham and cutting 3,300 jobs out of…

Fears For UK Staff As Cisco Systems ‘Prepares To Cut 14,000 Jobs’ Cisco Systems is reportedly planning to lay off up to 14,000 employees, in what would be the largest job cull in the company’s history. The California-based technology giant, which is shifting its focus from hardware to software, employs more than 70,000 … Read…