China Financial Daily

December 1, 2010

BP layoffs: BP will conduct layoffs for energy trading sector

Filed under: Financial News — Tags: — sherry @ 3:55 am -0800

BP layoffs: BP will conduct layoffs for energy trading sector
Integrated media reported on November 30, according to informed sources, the British Petroleum (BP PLC) will lay off its staff in energy trading sector staff, the scale will not exceed 10%, to cut costs, since the result of the corporate profits have been declining.

BP will not leave the market, but will be restructured to improve efficiency.

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Yahoo layoffs: Yahoo or will start worldwide layoffs from December 13

Filed under: Financial News — Tags: — sherry @ 3:48 am -0800

Yahoo layoffs: Yahoo or will start worldwide layoffs from December 13
According to news, Yahoo said that Yahoo would carry out layoffs after two weeks, that is ,on Dec. 13.
Earlier reports said this week Yahoo will cut down employees from product departments. However, the latest news shows, the layoff time will not be this week. The number of layoffs will be approximately 10% of departments.
This means that Yahoo will be approximately 650 people for this layoff.

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Yahoo layoffs: report says that Yahoo will carry out large-scale layoffs or will cut 20% of employees

Filed under: Financial News — Tags: — sherry @ 3:43 am -0800

Yahoo layoffs: report says that Yahoo will carry out large-scale layoffs or will cut 20% of employees
Earlier this month, Yahoo said the Yahoo would carry out large-scale layoffs or it would cut down 20% of the staff. On Tuesday, media reports said Yahoo has begun layoffs, including Yahoo Groups and Flickr sectors.

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