September 18, 2013 |
More bad news for BlackBerry (at this point, is there any other kind?): The Canadian smartphone maker will reportedly lay off up to 40% of its workforce by the end of the year. This coming from the Wall Street Journal , which cited unnamed sources "familiar with the matter" saying the cuts would be in all departments and occur in waves, "likely affecting several thousand employees. " PHOTOS: 10 signs it's time to upgrade your computer We called BlackBerry for comment and got the following statement: "We will not comment on rumors and speculation.
September 3, 2008 |
Newport Corp., an Irvine-based maker of laser and optical equipment, said Tuesday that it would fire as much as 10% of its workforce and shift more manufacturing to lower-cost facilities in China. Newport had about 2,000 employees as of December, according to Bloomberg data. The restructuring will improve Newport's operating profit by $11 million to $14 million in 2009, the company said. The company said it still expected third-quarter revenue of $106 million to $112 million and fourth-quarter sales of $115 million to $125 million.
October 16, 2012 |
U.S. manufacturing industry executives have bemoaned a skills gap in the nation's workforce, but a new report says the shortfall isn't a big deal - yet. By the end of the decade, the shortage of highly skilled workers could balloon to 875,000 from 80,000 to 100,000 workers now, according to a study from Boston Consulting Group. The current deficiency of workers represents less than 1% of the 11.5 million total factory workers in the country, according to the consulting group.
February 2, 2013 |
It all started with the Kingston Trio. One day in 1963, a San Diego kid and his friends got their hands on an album by the popular folk group. Greg Deering, 12 at the time, recalls studying the musicians on the cover and thinking, "I've got to get a banjo" - not out of love for the twangy instrument but mainly because his pal already had a guitar. Fifty years later, Greg, his wife, Janet, and daughter Jamie preside over the bestselling banjo-making business in the U.S. From a small Spring Valley factory, the Deering Banjo Co. is having its best year ever, defying the U.S. skills gap and California's manufacturing doldrums.
May 20, 2012 |
Question: My wife and I recently returned from a nine-day trip to London, and we noticed that all the hotel staff was from non-British European countries and a few from countries in Africa. We also noticed that all the staff at the restaurants and some of the staff at the pubs where we ate and enjoyed their ales were from other European countries. Is this because these are jobs British workers do not want to do, or are there other reasons for this? Ben Juarez Los Angeles Answer: If you don't believe London is a world city, take a look at its restaurants.
August 18, 2013 |
SACRAMENTO - Assemblywoman Susan Bonilla (D-Concord) says that all she wanted to do was make it easier for scientists to get eggs from women for fertility research. Currently, women can be paid for their eggs by individuals undergoing fertility treatments in private clinics, and they get a average of $9,000 - sometimes much more. But the state has a ban on paying women to donate eggs for scientific studies. This year, the Bay Area lawmaker wrote a bill sponsored by the American Society for Reproductive Medicine to scrap the 7-year-old ban. She proposed allowing payments of up to $10,000 to egg donors for their time, inconvenience and discomfort.