Intel and Dell meet layoffs in industrial supply chain
As the significant shock of global economy, the financial industry surge the layoff wave, while the science and technology-industry r follow one after another: large international companies, Intel, Dell, and other companies all reduce their order, which causes the layoffs in industrial supply chain.
EMS Layoffs
The world second largest electronics contract manufacturer (EMS) Flextronics carries out large-scale layoffs. The Development Department in Beijing has been all laid off, while the department manager can not escape. At the same time, other departments in Beijing will also be laid off 30%.
Layoff Wave attacks Hong Kong Media; Hong Kong TVB will lay off 200 employees
Under the financial crisis, the Hong Kong media industry begins to lay off and downsizes the staff, followed by ATV, the largest television station TVB in Hong Kong (TVB) today announced to lay off 200 employees. Before that, Asia Television (ATV) had laid off for two times and totally dismissed over 60 employees.
Three Major TV Stations in South Korean will have large-scale layoffs; famous compere will be dismissed
With the whole recession in Korean broadcasting industry, three major TV stations: Korean KBS, SBS, MBC, are carrying out reform and large-scale layoff to cope with the economic crisis, it is learned that many well-known hosts of three major TV stations will be laid off.
In the Eurozone unemployment rate in October was 7.7 percent which is higher than expected
In addition, the CPI annual rate in the euro zone in November from October’s 3.2 percent went down to 2.1 percent. The data increased the ECB to cut interest rates again. Spain increased the number of unemployed, the unemployment rate in October from September’s 12.1 percent to 12.8 percent. However, Germany’s unemployment rate unchanged at 7.1 percent.
German commercial banks accelerated the acquisition of Allianz shares in Dresden
Comprehensive news on November 28 reported that in Germany, Allianz Group (Allianz) and Commerzbank (Commerzbank) of the Dresden Bank said the acquisition would be ahead of schedule, then on 28th their stocks rose sharply. In the Frankfurt stock exchange, Allianz shares rose 8.2 percent and commercial banks rose 6.9 percent. German commercial banks, 27, said the acquisition of which they did not have 40% stake in Dresden Bank.
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