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More jobs going in Tas...Next?
http://www.news.com.au/heraldsun/story/0,21985,25104222-5005961,00.htmlPacific Brands posts loss, will cut [size=+1]1850[/size] jobs
10,000 jobs to go as resources boom stutters
25/02/2009 9:00:00 AM
By Stuart Fagg, ninemsn Money
More than 10,000 mining, gas and oil jobs will be lost in the next 18 months as the resources boom grinds to a halt, according to a leading economist.
The job losses stem from the huge drop in commodity prices over the past year and resulting cancellation of resources projects across the oil gas and iron ore sectors.
Frank Gelber, chief economist at BIS Shrapnel said "a ballpark figure" of 10,000 jobs could go in Western Australia alone as investment in the minerals section slumps by at least 50 percent.
And it only snowballs .....
http://money.ninemsn.com.au/article.aspx?id=756881
Navy might finally get enough folks applying to staff those submarines eh ?
It will spend $100 million shift the work offshore, to China - a move that comes after a $15 million Federal Government handout that was supposed to bolster Pacific Brands' local manufacturing operations.
ALBURY MANUFACTURER TO SLASH 222 JOBS
From ABC, 25 Feb. 09
Over 200 employees of the gearbox manufacturer Drivetrain Systems International have been made redundant today.
Redundant factory workers in Albury have been told there will be help for them find new jobs.
The job cuts were announced on Friday and this morning, at a meeting with receivers, staff found out who had been made redundant.
One hundred and sixty-nine people still have a job with the company, but 222 workers have been told they no longer have a job.
However the future is still uncertain for the remaining staff, with the company only guaranteeing eight weeks of work.
New South Wales Regional Development Minister Phillip Costa spoke to the workers and says his government will help them.
"Through the regional development, we're looking at putting a group together to actually support the community and looking at ways in which we can help them forward in terms of finding them jobs, giving them some training for example," he said.
"There may be other packages that we can actually put together. We're putting a team together in the next day or so.
"What we needed to do is see what the real issues were here today first."
Long-term future
Mr Costa says the company will survive.
"The company's got a good product, there are some buyers there," he said.
"It's a matter of in this very difficult economic crisis across the world, this financial difficulty, that finding new buyers will be there, but this company does have a long-term future."
The workers were planning to boycott the meeting, but they changed their minds at a mass meeting yesterday.
Employee George Grzenda says if they did not go, they may not get Centrelink assistance through the Federal Government's General Employee Entitlements and Redundancy Scheme.
"If we don't take our letter we're not being redundant, we're being sacked," he said.
The workers are also concerned those who keep their jobs will not be able to work for a few weeks because supplies have not arrived at the factory.
A spokeswoman for Innovation Minister Kim Carr says he is keeping in close contact with the administrators of Drivetrain Systems International.
She says if the business is sold, the new owner may be able to access funding through the Federal Government's green cars plan.
HIGH commodity costs and a consumer shift to cheap brands have eaten into profits at Goodman Fielder which will shed 5 per cent of its staff.
No prob. We'll just bring in some more skilled labour!! Great stuff.
Australia's largest property developer Lend Lease said it will cut 1700 jobs over the next six months, after it posted a loss of almost $600 million for the first half.
Lend Lease chief executive Steve McCann said the company has been targeting a head count reduction to 10,000, from 12,000, in order to cut costs as market conditions deteriorate.
As of December 31, Lend Lease's head count stood at 11700.
Lend Lease shares were up 13 cents, or 2.65%, to $5.03 in early afternoon trade.
Mr McCann said most of the jobs would be project-related staff that would not be re-employed.
"Our total work force of over 12,000 people is expected to reduce to just under 10,000," Mr McCann said during a teleconference on Thursday.
"A large part of this is on project related staff where following completion of projects they will simply not redeployed.
"Geographically I'd say about 20% of that is in Australia, the balance is offshore."
UP TO 86 Gold Coast telecommunications workers will lose their jobs as Telstra prepares to close the city's only inbound customer call centre.
Shocked staff were given the bad news after lunch yesterday and told their jobs would become redundant from June 1.
An upset worker told The Bulletin the Bundall office was closed yesterday afternoon to allow staff to come to terms with the news.
"Some people have worked here for 25 years but there are also a lot of mums and dads in their 20s and 30s and we're all stunned," she said.
"We were all sent home after they told us because no one wanted to work any more after that."
Sorry this is off topic, but here goes:
Sorry this is off topic, but here goes:
From a story in The Age.
"Woolworths will have another 7000 workers on its payroll by June"
"Chief executive officer Michael Luscombe said the retailer had created 9000 jobs in the half-year and expected to create a further 7000 positions by the end of June."
ps. Nothing to disclose.
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