H&R Block layoffs: H&R Block intended to lay off 400 people
Beijing Wednesday evening news, tax services provider H & R Block Inc (HRB) announced that as part of its cost reduction efforts, will lay off 400 people and has closed 400 underperforming offices.
The company said the layoffs will be in its field and corporate support team to conduct, and it ended in 2012 before the financial cuts 140 000 000 -1.50 100 million U.S. dollars in annual operating costs.
The company said that approximately 28 million U.S. dollars will be included in pre-tax expenses, mainly in the first quarter ending in July to cover severance costs. The company currently has approximately 11,000 offices and employs approximately 133,700 employees.
MF Global layoffs: MF Global plans to lay off 10 to 15% of its employees
Beijing time on May 20 evening news, according to foreign media reports, futures and options broker MF Global announced on the 20th Holding Company, the company’s fourth-quarter loss narrowed to 9,650 million, a loss of 78 cents a share; its a year earlier loss of 119.3 million U.S. dollars, 98 cents a share loss.
After adjustment, MF Global’s loss of 17 cents per share, down from profit of 3 cents a year earlier. In addition, its net revenue from the year earlier quarter’s 257.1 million U.S. dollars fell to 240.5 million U.S. dollars.
MF Global also plans to lay off 10% to 15% employees in the first quarter
Guo Jingyi stay of execution: bribery of 8.44 million, including 1.1 million bribery from Gome
News on May 21: Department of Treaty and Legal Department of the former Deputy Director, is Inspector Guo Jingyi bureau level to be prosecuted on suspicion of taking bribes. Recently, the Beijing Second Intermediate Court of First Instance found Guo Jingyi up to 844 million yuan and the amount of bribery and stay of execution, suspended for two years, and confiscation of all personal property.
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