February 10, 2012 |
Spain's new conservative government announced drastic changes to the country's labor system Friday, in some cases altering contract terms that have been untouched for 50 years, in a bid to bring down Europe's worst unemployment rate. Under the new labor rules, companies doing business in Spain will be able to hire and fire workers more freely, negotiate pay independent of national contract mandates and score tax breaks for hiring people younger than 30. Severance packages long deemed among the most generous in Europe will be cut by more than a quarter, from 45 days' pay for every year on the job to 33. Temporary workers, a full third of the Spanish workforce, will be entitled to permanent status, with better pay and benefits, after two years rather than the current three.
CALIFORNIA | LOCAL
December 4, 2011 |
Rudolf Montiel seemed remarkably sanguine last spring, sitting in a meeting room at the Los Angeles Housing Authority headquarters as he was publicly castigated by tenants just before being fired as the head of the largest public housing operation west of the Mississippi. He even smiled slightly as he threaded his way through an angry crowd. Before he stepped into the elevator, Montiel coolly suggested that his ouster had "an air of retribution and retaliation. " Montiel may have had reason to smile.
CALIFORNIA | LOCAL
November 25, 2011 |
The board of First 5 LA will give its former chief executive officer an expensive severance package even after she resigned earlier this month following a critical audit of the agency. Evelyn V. Martinez submitted a letter on Nov. 10, saying the commissioners had required her to resign instead of being fired without cause from the independent Los Angeles County agency, which uses state cigarette taxes to fund health, safety and educational programs for children from birth to age 5. In her letter, Martinez said she was entitled to a lump sum payment equal to 12 months of salary and health benefits and her unused vacation.
August 24, 2011 |
British Prime Minister David Cameron faced more questions about his judgment Tuesday amid reports that one of his top aides continued to receive money from the News of the World even after quitting the tabloid because of the phone-hacking scandal and signing up to work for the Conservative Party. Cameron hired Andy Coulson as the party's chief communications guru in 2007, shortly after Coulson stepped down as editor of the News of the World. His resignation followed the conviction and imprisonment of the newspaper's royal affairs reporter for illegally accessing voice mail messages left by Princes William and Harry.
June 17, 2011 |
Greek Prime Minister George Papandreou faced a political rebellion Thursday when two of his Socialist party lawmakers resigned and a clutch of others challenged his leadership as the country teeters on the verge of financial collapse. Though the resignations — which followed another defection by a Socialist lawmaker this week — did not end the party's majority in the Parliament, the crisis upstaged Papandreou's vow to overhaul his Cabinet in the midst of swelling social unrest and violent protests against deep budget cuts.
February 19, 2011 |
Even on Rodeo Drive in Beverly Hills, one of the world's most expensive stretches of commercial real estate, the nation's economic woes have claimed a longtime employee. Because of budget problems, the city's visitors bureau has laid off its official ambassador, who has welcomed hundreds of tourists and visitors on Rodeo Drive for the last 11 years. Gregg Donovan, 51, the top-hat-wearing former hotel concierge, got his walking papers last month. No longer will he stroll Rodeo Drive, welcoming tourists to such high-end stores as Gianni Versace, Jimmy Choo and Battaglia.