Ahxmed
Active member
National layoffs will be a common sight in the years to come, and the number of people being laid off has grown to an all-time high. Companies like Exxon Mobil, for example, are slated to cut 14,000 jobs worldwide. Likewise, Marriott Vacations Worldwide is set to lay off roughly 3,300 employees.
BHSH System to cut 400 of its 64,000-person workforce
After announcing 400 layoffs earlier this month, the BHSH System, which merged with Beaumont Health and Spectrum Health in February, has announced that it will eliminate 400 more positions by 2022. The move aims to cut costs and streamline operations. The company says it will free up resources for patient care.
The BHSH System will cut 400 of its 64,000-person workforce, including management positions and employees with no patient-facing responsibility. The layoffs represent less than 1 percent of the entire workforce of the 22 hospitals. The cuts are being made in response to financial pressures, such as inflation, and the expiration of federal and state COVID-19 funding.
Marriott Vacations Worldwide to cut roughly 3,300 jobs
The timeshare giant is laying off roughly 3,300 employees as part of its "workforce reduction" plan, announced earlier this month. The cuts will affect employees across all levels and locations, from corporate to front-line workers. The company said that virus-related government restrictions have negatively impacted demand for its products and services.
Marriott Vacations Worldwide currently employs more than 20,000 associates worldwide. The company is headquartered in the United States and operates in the Caribbean, Mexico, Europe, and Asia-Pacific. The company offers a comprehensive benefit package including paid time off, discounted lodging stays, and tuition reimbursement.
Exxon Mobil to cut 14,000 jobs globally
The world's biggest oil and gas company plans to cut more than 14,000 jobs globally in the next two years. The cuts will affect both employees and contractors. They will occur through targeted redundancy programs in 2021 and attrition, but will also include scaled-back hiring in some countries.
The company's global layoff plans have already impacted the number of employees in several regions. For instance, in the United States, Apogee Enterrises is slated to cut 400 positions. This move is part of the company's strategy to simplify its operations, focus on customers, and improve profitability. In addition, Basic Energy Services has warned that it may cut 500 jobs in Texas. This move is being made as part of its Chapter 11 restructuring.
Cathay Pacific Group to lay off 5,900 jobs
A new airline in Hong Kong is hoping to take advantage of the airline's layoffs and replace the lost staff. The new company, Greater Bay Airlines, is looking to hire staff for its operations. The company has already stored 40 percent of its fleet outside of Hong Kong and aims to operate at 50 percent of its pre-pandemic capacity by 2022. However, the airline's layoffs are going to affect thousands of people.
The airline has announced plans to eliminate around 5,900 jobs, including its regional subsidiary, Cathay Dragon. The airline says the cuts are necessary to secure its future. The company's workforce will shrink by 37 percent between 2019 and 2021, while it will continue to hire new graduates.
BHSH System to cut 400 of its 64,000-person workforce
After announcing 400 layoffs earlier this month, the BHSH System, which merged with Beaumont Health and Spectrum Health in February, has announced that it will eliminate 400 more positions by 2022. The move aims to cut costs and streamline operations. The company says it will free up resources for patient care.
The BHSH System will cut 400 of its 64,000-person workforce, including management positions and employees with no patient-facing responsibility. The layoffs represent less than 1 percent of the entire workforce of the 22 hospitals. The cuts are being made in response to financial pressures, such as inflation, and the expiration of federal and state COVID-19 funding.
Marriott Vacations Worldwide to cut roughly 3,300 jobs
The timeshare giant is laying off roughly 3,300 employees as part of its "workforce reduction" plan, announced earlier this month. The cuts will affect employees across all levels and locations, from corporate to front-line workers. The company said that virus-related government restrictions have negatively impacted demand for its products and services.
Marriott Vacations Worldwide currently employs more than 20,000 associates worldwide. The company is headquartered in the United States and operates in the Caribbean, Mexico, Europe, and Asia-Pacific. The company offers a comprehensive benefit package including paid time off, discounted lodging stays, and tuition reimbursement.
Exxon Mobil to cut 14,000 jobs globally
The world's biggest oil and gas company plans to cut more than 14,000 jobs globally in the next two years. The cuts will affect both employees and contractors. They will occur through targeted redundancy programs in 2021 and attrition, but will also include scaled-back hiring in some countries.
The company's global layoff plans have already impacted the number of employees in several regions. For instance, in the United States, Apogee Enterrises is slated to cut 400 positions. This move is part of the company's strategy to simplify its operations, focus on customers, and improve profitability. In addition, Basic Energy Services has warned that it may cut 500 jobs in Texas. This move is being made as part of its Chapter 11 restructuring.
Cathay Pacific Group to lay off 5,900 jobs
A new airline in Hong Kong is hoping to take advantage of the airline's layoffs and replace the lost staff. The new company, Greater Bay Airlines, is looking to hire staff for its operations. The company has already stored 40 percent of its fleet outside of Hong Kong and aims to operate at 50 percent of its pre-pandemic capacity by 2022. However, the airline's layoffs are going to affect thousands of people.
The airline has announced plans to eliminate around 5,900 jobs, including its regional subsidiary, Cathay Dragon. The airline says the cuts are necessary to secure its future. The company's workforce will shrink by 37 percent between 2019 and 2021, while it will continue to hire new graduates.
