China Financial Daily

February 1, 2012

Heidelberg layoffs: Heidelberg intends to lay off 13% of the world employees

Filed under: Financial News — Tags: — Nancy @ 6:48 am -0800

Heidelberg layoffs: Heidelberg intends to lay off 13% of the world employees
January 17 , Heidelberger Druckmaschinen AG of Germany announced that due to economic uncertainty caused by falling demand printing , the company plans further job cuts worldwide up to 2,000 people , equivalent to about 13% of the total number of employees to cut costs .

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IBM layoffs: Rumor says IBM will lay off 8,000 people in Germany, accounted for 40% of employees in Germany

Filed under: Financial News — Tags: — Nancy @ 6:46 am -0800

IBM layoffs: Rumor says IBM will lay off 8,000 people in Germany, accounted for 40% of employees in Germany
February 1 , according to German media, (Handelsblatt) reported , IBM plans to lay off 8,000 in Germany . Currently, the company has 20,000 employees in Germany . IBM did not comment directly on this , but said the company would continue to focus on innovation and competition , adjust their business models and appropriate staff. In view of the competitive business environment , the company will not disclose details of the scheme .

German Association Organization Ver.di chief coordinators Bert Stach said that at present there is no agreement and negotiations occur.

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Pension investment approach or will be issued in first quarter, up to 580 billion yuan or enter to the stock market

Filed under: Financial News — Tags: — Nancy @ 6:42 am -0800

Pension investment approach or will be issued in first quarter, up to 580 billion yuan or enter to the stock market
According to news media on January 31 , the person has said that relevant departments are developing the fastest way of pension investment operations will be released in the first quarter . The market is likely to refer to the proportion of pension annuity the way , that the rate to market will be up to 30%.

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