http://www.news.com.au/heraldsun/story/0,21985,25147095-5005961,00.html
BANK of Queensland has announced it intends to cut 150 jobs.
The cuts, which make up about 10 per cent of the Bank of Queensland workforce, come as part of an internal review to streamline the business.
A Bank of Queensland spokeswoman said no employees in customer-serving roles in branches would be lost as part of the review.
She said while the job cuts would primarily be made in the head office in Brisbane, employees across the country would be affected.
"We are working through the process of identifying changes to our business and the subsequent structural changes and will provide an update to the market at our half-year results in April," the spokeswoman said.
The spokeswoman said the cuts were under way and would be completed by March 27.
I work at Holden. The feeling around here is pretty gloomy.
Lucky, I'm a student on a one-year placement, so I'm *pretty* safe. The government pays a lot of my wage apparently, that's why they like hiring us.
But it's going to be interesting, with what happens to GM in the US of A.
http://www.news.com.au/heraldsun/story/0,21985,25147456-5005961,00.htmlAN ADELAIDE optical firm laying off 95 workers a fortnight after receiving Government funding makes a mockery of Prime Minister Kevin Rudd's commitment to job security, the Federal opposition says.
Carl Zeiss Vision yesterday said about 95 jobs would go from its Lonsdale Plant by the end of 2009 and the work would be sent to China.
The announcement came just over a fortnight since the company was given $1 million in innovation funding from the state and Federal Governments.
Feburary Employment figures out a few mins ago..
http://www.abs.gov.au/ausstats/subs...4CA257576001253ED&&Feb 2009&12.03.2009&Latest
+0.4 increase in seasonally adjusted unemployment to 5.2% - that's 47,100 new people looking for work in February aloneAt this rate we'll be over 7% before the end of the year
Note the 95% confidence interval is anywhere from +0% to 0.8%, e.g. anywhere from 4.8 to 5.6% !
VAST swathes of Victoria's mortgage belt are vulnerable to rapidly increasing unemployment and disadvantage as the financial crisis hits the job market.
An index of job vulnerability to be released today by the Centre of Full Employment and Equity at Newcastle University finds that newer suburbs, including Narre Warren and Pakenham, are set to join older "battler" suburbs in a pattern of disadvantage that will spread further than in previous recessions.
The centre expects Australia's unemployment rate to soar above 10 per cent if the global recession lasts the rest of the year, with total "underutilisation" rising to 20 per cent.
Under-utilisation also counts people who would like more work than they have. The centre believes 1.2 million Australians are under-utilised. It has proposed an "Employment Guarantee" under which the government commits to pay the minimum wage to anyone willing to work. "We would abolish the dole," Dr Mitchell said. "Anyone who wants pay would have to work for it."
Kleenmaid kitchens & appliances down the gurgler.
150 employees face the chop.
AU$27Million of customer's deposits wiped out.
http://www.theaustralian.news.com.au/story/0,24897,25316646-643,00.html
Great, I just paid for an extended warranty for my dishwasher................
QR National will slash more than 500 jobs from its workforce as part of a major restructuring and cost drive.
UP to 200 jobs could be slashed from the Box Hill Institute of TAFE as a result of state government funding cuts.
Nearly 10,000 manufacturing and construction jobs were lost in outer western Melbourne in the 12 months to February 2012, plus thousands more in the professional services and retail sectors.
One of Australia's largest rural water authorities has signalled its intention to cut up to 200 staff.
Goulburn-Murray Water in northern Victoria is in the process of modernising almost its entire irrigation system.
We have an conomy in worse shape than the official figures suggest ...
just standard these days isn't it? fudge the figures and smile?
The more they try to hide the "true situation" in a fog of spin, the more respect they lose.
etc...
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?