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tyler johnson 2020-01-08

Find the layoff lawyers in Madrid.

Our professional team of layoff lawyers which has great experience in providing practical advice to employers & individuals in the Spanish market.

collect
0
osamamalik 2021-10-12

One of the things that can really get your mouth wide open in discussion is when an insurance company claims that you have been terminated for performance reasons.

Read on to find out.First, an insurance company claims that you have been terminated for penalty.

In fact, many insurance policies have very specific rules about what constitutes a violation.

For example, a company may not hesitate to fire you for smoking, but may have trouble doing so if you have smoked cigarettes for over three months or more.Second, the insurance company may have decided that you no longer have the skills to make good health care decisions.

This could include not exercising enough, not eating the right foods, or even not getting enough sleep.

This could be due to non-payment in the past, the increase in fraud and abuse by other employees, or the aging of society as a whole.

collect
0
osamamalik 2021-10-12

One of the things that can really get your mouth wide open in discussion is when an insurance company claims that you have been terminated for performance reasons.

Read on to find out.First, an insurance company claims that you have been terminated for penalty.

In fact, many insurance policies have very specific rules about what constitutes a violation.

For example, a company may not hesitate to fire you for smoking, but may have trouble doing so if you have smoked cigarettes for over three months or more.Second, the insurance company may have decided that you no longer have the skills to make good health care decisions.

This could include not exercising enough, not eating the right foods, or even not getting enough sleep.

This could be due to non-payment in the past, the increase in fraud and abuse by other employees, or the aging of society as a whole.

collect
0
Richard Lucarelli 2016-07-05
img

IBM on Monday told workers in the Netherlands to expect a layoff.

This is the first time that IBM has ever done a layoff in that country, it said in an email to employees.Previous changes in the workforce were done via voluntary separation packages.That internal email that explained the layoff was leaked to the Watching IBM employee watchdog Facebook page and shared with IB Times UK.

In it, IBM explains that it needs to its employee base from workers with aging "redundant" expertise to new areas.

The email explains:"In the past IBM implemented successfully voluntary leave programs.

This time the number of places we need to rebalance is too large.

"IBM isn't new to layoffs, although these are the first to affect the Netherlands.

collect
0
David Gilmore 2017-03-10
img

On Tuesday, Juniper Networks announced that it was reorganizing the company including the resignation of one of its executives, effective immediately.The departing exec was Jonathan Davidson, executive VP and general manager of Juniper Development and Innovation.What the company hinted, but didn't say in that press release, was that this reorganization also included a layoff.

Juniper has now confirmed to Business Insider that a layoff happened.A person in the industry told us that Juniper cut about 9% of its workforce, which would amount to more than 700 jobs gone, and maybe as much as 900, by the time the cutting concludes.

Juniper had about 9,800 employees as of December, it said.A spokesperson would not comment on size of the layoff except to say the 9% figure was not accurate and characterized the layoff as "small.

""Juniper Networks can confirm that a small realignment of its workforce occurred to increase our operating efficiency and focus on driving long-term growth.

We believe this action was necessary to allow us to prioritize our continued investments in the most critical areas that we believe will drive our business both in the short-term and future.

"The company laid off 6% of its workforce back in 2014 and in 2015 was the target of activist investor, Elliott Management.

collect
0
Rafael Beltrami 2016-07-20
img

Intel just reported its second quarter earnings after the bell on Wednesday afternoon.It's a beat on earnings and a match on revenues.

But it reported another slow down in its data center group, which has been the company's biggest growth driver, and the stock is down 3% in after hours.Here are the most important numbers:EPS non-GAAP : $0.59 per share vs. $0.53 per share estimatedRevenue: $13.53 billion vs. $13.54 billion estimated up 3% year-over-year Intel's data center group, which has been the driving force behind the company's growth, decelerated again this quarter, growing only 5% year-over-year for $4 billion in revenue.

That's another slow down quarter, as the data center group grew 11% in the fourth quarter of 2015 and 9% in the first quarter of 2016, respectively.

Intel expects its data center group to grow 15% for the full year.

"I think that investors are a little spooked by the data center numbers.

Intel's sticking to double-digit growth for the year, but it only showed 5% growth this quarter," Patrick Moorhead, principal analyst of Moorhead Insights & Strategy, told Business Insider.Intel's client computing group, comprised of its PC and mobile units, and historically its largest revenue-driver, had $7.3 billion in sales, down 3% from last year.Intel gave revenue guidance of $14.9 billion next quarter, slightly higher than the $14.6 billion street estimates.Intel went through a number of big changes in the second quarter.It rolled out one of its biggest layoff plans in history, which will cut 12,000 jobs, or 11% of the total workforce, by mid-2017.

collect
0
Joshua Herbert 2019-01-12
img

SpaceX has confirmed a recently reported layoff, stating that it must get “leaner” in order to achieve its ample goals.

News of the layoff first surfaced from an email sent by SpaceX President Gwynne Shotwell, who reportedly called the business move “a very difficult but necessary decision.” The company cited global space-based Internet and developing interplanetary spacecraft as projects that necessitate the layoff.

News of the layoffs first surfaced from the LA Times, which received a copy of the email sent to employees by Shotwell.

SpaceX has since confirmed the news, saying in a statement that it must get “leaner” in order to achieve its goals — ones that, it said, “have bankrupted other organizations.”

Speaking about the employees who are being laid off, SpaceX said, “We are grateful for everything they have accomplished and their commitment to SpaceX’s mission.

This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary.”

collect
0
Rodney Edson 2021-06-12
img
The firm lost 13% of its workforce after the ultimatum. Those who stayed through the pandemic still ended up losing their jobs in the recent layoff.
collect
0
Brian Plymel 2017-06-06
img

Chinese Internet and technology company LeEco announced plans to cut about 325 employees and significantly reduce its research and development business in the U.S.

According to LeEco, this employee layoff will affect all departments.

However, the research and development team was hit the hardest.

The company's San Diego office, which is mainly comprised of its R team, will be closed, and employees who survived this layoff will mainly provide services to customers who already bought LeEco's products.

An insider revealed that after this restructuring, LeEco's employees of American business will decrease to about 50 people.

Meanwhile, LeEco will suffer executive losses.

collect
0
Howard Marcinkowski 2021-07-21
img
The layoff resulted from the fund not finding much investment opportunity in Asia outside Japan.The staff accounted for more than 75% of the total workforce in Asia ex-Japan
collect
0
John Ruybal 2017-12-29
img

The end of 2017 brings mostly good news on the engineering jobs front, unless your company was recently acquired.

First, the bad news, by the numbers:

That’s the latest layoff announced by Oath, Verizon’s new umbrella organization that encompasses the former AOL, Yahoo, and the Huffington Post.

This follows 2100 cuts just after the Yahoo acquisition.

Broadcom’s recently completed acquisition of Brocade Communications means that at least 360 employees in San Jose will be terminated, according to a filing with the Employment Development Department.

This announcement comes after a layoff of 96 from Brocade’s San Jose office, blamed on delays in closing the acquisition.

collect
0
Steven Condon 2018-11-28
img

Online education provider Udacity announced the layoff of 125 employees starting today and over the course of early 2019 as part of an effort to reorganize the company and redefine its global strategy.

Today’s news follows the layoff of 5 percent of employees — about 25 people in offices in Germany — in August.

Udacity cofounder Sebastian Thrun took over day-to-day operations and the role of chief executive last month following the departure of Vishal Makhijani after two years with the company.

The remaining cuts will come from departments in the United States.

Globally, the company is on track to end the year with 25 percent growth in revenue, a company spokesperson told VentureBeat in an email.

Udacity currently has a $1.5 billion valuation according to Citi GPS.

collect
0
Jack Scharfenberg 2018-03-10
img

Motorola is laying off a portion of its Chicago workforce, and disgruntled employees have started talking about the business decision via anonymous posts online.

According to reports from these individuals, Motorola recently notified its employees of a big layoff that reportedly impacts 30- to 35-percent of its Chicago workers.

This follows a similar round of layoffs that happened back in 2016.

Reports of the business matter began surfacing this week on TheLayoff.com, a website where people can anonymously report layoffs and rumors of such happening at their company.

On Tuesday, one anonymous user claiming to be a Motorola employee posted a claim that half of the company’s Chicago workforce was informed about an upcoming layoff this week.

According to that user, impacted employees will have their last day of work on April 6, giving them only a few weeks to find a new job.

collect
0
John Applebaum 2019-03-27
img

Four former IBM employees have sued IBM, hiring a class-action law firm famous for winning big cases.

They are alleging that IBM engaged in a 'massive scheme to cover up discriminatory layoff of over 20,000 older workers in knowing violation of disclosure requirements."

But the employees' lawyer tells Business Insider that this suit is different in that it is targeting IBM's decision to not disclose the ages of the people it lays off and arbitration agreements requiring employees to waive their right to sue collectively.

They are alleging that IBM engaged in a "massive scheme to cover up discriminatory layoff of over 20,000 older workers in knowing violation of disclosure requirements."

"The plaintiff's theories have been rejected by courts, including the U.S. Supreme Court.

The fact that IBM has been laying off thousands of workers for years without disclosing the size of its layoffs, while hiring thousands of others, has been well documented.

collect
0
William Ewing 2018-01-03
img

AT is "instituting an unprecedented massive layoff of employees represented by the union while at the same time massively subcontracting work that the employees are trained and qualified to perform," the Communications Workers of America (CWA) said in a lawsuit filed Saturday in US District Court in Austin, Texas.

AT also defended its employment levels.

When AT lobbies for favors from the government, it offers a black-and-white description of network investment.

"Despite its claim that a corporate tax cut would create thousands of middle-class jobs in its industry, AT recently announced that hundreds of workers in the Southwest would be declared 'surplus' and subject to layoff," CWA said in an announcement of its lawsuit.

Here's what an AT spokesperson told us today:

We're adding people in many parts of our business that are experiencing higher customer demand.

collect
0
Eric Whitefield 2017-01-08
img

ZTE, one of the largest Chinese mobile phone giants is laying off 3000 of its staff it has been revealed!We ve heard of problems at Meizu and LeEco in the past, and we ve even seen small brands disappear altogether iOcean for example , but when we think of ZTE we imagine a huge, unstoppable company, but this isn t the case!It has been revealed that ZTE will be slashing 3000 staff from its mobile phone business in China due to a slip in market share!

Overseas staff will also be at risk of losing their jobs too as the company has given a quota of 10% to shed staff!While problems at home in China are due to a shrinking market share, the layoffs in the global markets are mainly due to sanctions imposed on the company from the U.S which could make sourcing components from Microsoft and Qualcomm impossible in the future.Interestingly, ZTE are also rumoured to be getting rid of any current employee who has applied at rivals Huawei too!

collect
0
tyler johnson 2020-01-08

Find the layoff lawyers in Madrid.

Our professional team of layoff lawyers which has great experience in providing practical advice to employers & individuals in the Spanish market.

osamamalik 2021-10-12

One of the things that can really get your mouth wide open in discussion is when an insurance company claims that you have been terminated for performance reasons.

Read on to find out.First, an insurance company claims that you have been terminated for penalty.

In fact, many insurance policies have very specific rules about what constitutes a violation.

For example, a company may not hesitate to fire you for smoking, but may have trouble doing so if you have smoked cigarettes for over three months or more.Second, the insurance company may have decided that you no longer have the skills to make good health care decisions.

This could include not exercising enough, not eating the right foods, or even not getting enough sleep.

This could be due to non-payment in the past, the increase in fraud and abuse by other employees, or the aging of society as a whole.

David Gilmore 2017-03-10
img

On Tuesday, Juniper Networks announced that it was reorganizing the company including the resignation of one of its executives, effective immediately.The departing exec was Jonathan Davidson, executive VP and general manager of Juniper Development and Innovation.What the company hinted, but didn't say in that press release, was that this reorganization also included a layoff.

Juniper has now confirmed to Business Insider that a layoff happened.A person in the industry told us that Juniper cut about 9% of its workforce, which would amount to more than 700 jobs gone, and maybe as much as 900, by the time the cutting concludes.

Juniper had about 9,800 employees as of December, it said.A spokesperson would not comment on size of the layoff except to say the 9% figure was not accurate and characterized the layoff as "small.

""Juniper Networks can confirm that a small realignment of its workforce occurred to increase our operating efficiency and focus on driving long-term growth.

We believe this action was necessary to allow us to prioritize our continued investments in the most critical areas that we believe will drive our business both in the short-term and future.

"The company laid off 6% of its workforce back in 2014 and in 2015 was the target of activist investor, Elliott Management.

Joshua Herbert 2019-01-12
img

SpaceX has confirmed a recently reported layoff, stating that it must get “leaner” in order to achieve its ample goals.

News of the layoff first surfaced from an email sent by SpaceX President Gwynne Shotwell, who reportedly called the business move “a very difficult but necessary decision.” The company cited global space-based Internet and developing interplanetary spacecraft as projects that necessitate the layoff.

News of the layoffs first surfaced from the LA Times, which received a copy of the email sent to employees by Shotwell.

SpaceX has since confirmed the news, saying in a statement that it must get “leaner” in order to achieve its goals — ones that, it said, “have bankrupted other organizations.”

Speaking about the employees who are being laid off, SpaceX said, “We are grateful for everything they have accomplished and their commitment to SpaceX’s mission.

This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary.”

Brian Plymel 2017-06-06
img

Chinese Internet and technology company LeEco announced plans to cut about 325 employees and significantly reduce its research and development business in the U.S.

According to LeEco, this employee layoff will affect all departments.

However, the research and development team was hit the hardest.

The company's San Diego office, which is mainly comprised of its R team, will be closed, and employees who survived this layoff will mainly provide services to customers who already bought LeEco's products.

An insider revealed that after this restructuring, LeEco's employees of American business will decrease to about 50 people.

Meanwhile, LeEco will suffer executive losses.

John Ruybal 2017-12-29
img

The end of 2017 brings mostly good news on the engineering jobs front, unless your company was recently acquired.

First, the bad news, by the numbers:

That’s the latest layoff announced by Oath, Verizon’s new umbrella organization that encompasses the former AOL, Yahoo, and the Huffington Post.

This follows 2100 cuts just after the Yahoo acquisition.

Broadcom’s recently completed acquisition of Brocade Communications means that at least 360 employees in San Jose will be terminated, according to a filing with the Employment Development Department.

This announcement comes after a layoff of 96 from Brocade’s San Jose office, blamed on delays in closing the acquisition.

Jack Scharfenberg 2018-03-10
img

Motorola is laying off a portion of its Chicago workforce, and disgruntled employees have started talking about the business decision via anonymous posts online.

According to reports from these individuals, Motorola recently notified its employees of a big layoff that reportedly impacts 30- to 35-percent of its Chicago workers.

This follows a similar round of layoffs that happened back in 2016.

Reports of the business matter began surfacing this week on TheLayoff.com, a website where people can anonymously report layoffs and rumors of such happening at their company.

On Tuesday, one anonymous user claiming to be a Motorola employee posted a claim that half of the company’s Chicago workforce was informed about an upcoming layoff this week.

According to that user, impacted employees will have their last day of work on April 6, giving them only a few weeks to find a new job.

William Ewing 2018-01-03
img

AT is "instituting an unprecedented massive layoff of employees represented by the union while at the same time massively subcontracting work that the employees are trained and qualified to perform," the Communications Workers of America (CWA) said in a lawsuit filed Saturday in US District Court in Austin, Texas.

AT also defended its employment levels.

When AT lobbies for favors from the government, it offers a black-and-white description of network investment.

"Despite its claim that a corporate tax cut would create thousands of middle-class jobs in its industry, AT recently announced that hundreds of workers in the Southwest would be declared 'surplus' and subject to layoff," CWA said in an announcement of its lawsuit.

Here's what an AT spokesperson told us today:

We're adding people in many parts of our business that are experiencing higher customer demand.

osamamalik 2021-10-12

One of the things that can really get your mouth wide open in discussion is when an insurance company claims that you have been terminated for performance reasons.

Read on to find out.First, an insurance company claims that you have been terminated for penalty.

In fact, many insurance policies have very specific rules about what constitutes a violation.

For example, a company may not hesitate to fire you for smoking, but may have trouble doing so if you have smoked cigarettes for over three months or more.Second, the insurance company may have decided that you no longer have the skills to make good health care decisions.

This could include not exercising enough, not eating the right foods, or even not getting enough sleep.

This could be due to non-payment in the past, the increase in fraud and abuse by other employees, or the aging of society as a whole.

Richard Lucarelli 2016-07-05
img

IBM on Monday told workers in the Netherlands to expect a layoff.

This is the first time that IBM has ever done a layoff in that country, it said in an email to employees.Previous changes in the workforce were done via voluntary separation packages.That internal email that explained the layoff was leaked to the Watching IBM employee watchdog Facebook page and shared with IB Times UK.

In it, IBM explains that it needs to its employee base from workers with aging "redundant" expertise to new areas.

The email explains:"In the past IBM implemented successfully voluntary leave programs.

This time the number of places we need to rebalance is too large.

"IBM isn't new to layoffs, although these are the first to affect the Netherlands.

Rafael Beltrami 2016-07-20
img

Intel just reported its second quarter earnings after the bell on Wednesday afternoon.It's a beat on earnings and a match on revenues.

But it reported another slow down in its data center group, which has been the company's biggest growth driver, and the stock is down 3% in after hours.Here are the most important numbers:EPS non-GAAP : $0.59 per share vs. $0.53 per share estimatedRevenue: $13.53 billion vs. $13.54 billion estimated up 3% year-over-year Intel's data center group, which has been the driving force behind the company's growth, decelerated again this quarter, growing only 5% year-over-year for $4 billion in revenue.

That's another slow down quarter, as the data center group grew 11% in the fourth quarter of 2015 and 9% in the first quarter of 2016, respectively.

Intel expects its data center group to grow 15% for the full year.

"I think that investors are a little spooked by the data center numbers.

Intel's sticking to double-digit growth for the year, but it only showed 5% growth this quarter," Patrick Moorhead, principal analyst of Moorhead Insights & Strategy, told Business Insider.Intel's client computing group, comprised of its PC and mobile units, and historically its largest revenue-driver, had $7.3 billion in sales, down 3% from last year.Intel gave revenue guidance of $14.9 billion next quarter, slightly higher than the $14.6 billion street estimates.Intel went through a number of big changes in the second quarter.It rolled out one of its biggest layoff plans in history, which will cut 12,000 jobs, or 11% of the total workforce, by mid-2017.

Rodney Edson 2021-06-12
img
The firm lost 13% of its workforce after the ultimatum. Those who stayed through the pandemic still ended up losing their jobs in the recent layoff.
Howard Marcinkowski 2021-07-21
img
The layoff resulted from the fund not finding much investment opportunity in Asia outside Japan.The staff accounted for more than 75% of the total workforce in Asia ex-Japan
Steven Condon 2018-11-28
img

Online education provider Udacity announced the layoff of 125 employees starting today and over the course of early 2019 as part of an effort to reorganize the company and redefine its global strategy.

Today’s news follows the layoff of 5 percent of employees — about 25 people in offices in Germany — in August.

Udacity cofounder Sebastian Thrun took over day-to-day operations and the role of chief executive last month following the departure of Vishal Makhijani after two years with the company.

The remaining cuts will come from departments in the United States.

Globally, the company is on track to end the year with 25 percent growth in revenue, a company spokesperson told VentureBeat in an email.

Udacity currently has a $1.5 billion valuation according to Citi GPS.

John Applebaum 2019-03-27
img

Four former IBM employees have sued IBM, hiring a class-action law firm famous for winning big cases.

They are alleging that IBM engaged in a 'massive scheme to cover up discriminatory layoff of over 20,000 older workers in knowing violation of disclosure requirements."

But the employees' lawyer tells Business Insider that this suit is different in that it is targeting IBM's decision to not disclose the ages of the people it lays off and arbitration agreements requiring employees to waive their right to sue collectively.

They are alleging that IBM engaged in a "massive scheme to cover up discriminatory layoff of over 20,000 older workers in knowing violation of disclosure requirements."

"The plaintiff's theories have been rejected by courts, including the U.S. Supreme Court.

The fact that IBM has been laying off thousands of workers for years without disclosing the size of its layoffs, while hiring thousands of others, has been well documented.

Eric Whitefield 2017-01-08
img

ZTE, one of the largest Chinese mobile phone giants is laying off 3000 of its staff it has been revealed!We ve heard of problems at Meizu and LeEco in the past, and we ve even seen small brands disappear altogether iOcean for example , but when we think of ZTE we imagine a huge, unstoppable company, but this isn t the case!It has been revealed that ZTE will be slashing 3000 staff from its mobile phone business in China due to a slip in market share!

Overseas staff will also be at risk of losing their jobs too as the company has given a quota of 10% to shed staff!While problems at home in China are due to a shrinking market share, the layoffs in the global markets are mainly due to sanctions imposed on the company from the U.S which could make sourcing components from Microsoft and Qualcomm impossible in the future.Interestingly, ZTE are also rumoured to be getting rid of any current employee who has applied at rivals Huawei too!