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To: John Hunt who wrote (28886)2/23/1999 10:00:00 PM
From: lorne  Respond to of 116844
 
Hello John. Is China following in the footsteps of Russia. I wonder what kind of problems will be caused for the rest of the world if unrest
in China gets out of hand ??

Labour - China is facing the worst labour crisis in 50 years of Communist rule. State-owned companies are laying off millions of workers but still can't meet their payrolls. Each new day brings another demonstration by frustrated workers. So far, the protests have stayed local and the demands have stayed monetary. By dispensing aid to the neediest workers and arresting the most vocal malcontents, the Communist leadership hopes to prevent the labour unrest from turning into a political uprising.
In print: We look at how reforms have thrown millions of low-skilled, middle-aged people out of work and how government-funded retraining programmes are not providing the solution. Plus: why Beijing is extending support to the private sector, in hopes it will create jobs and fuel economic growth.
feer.com
Scroll down to business section.



To: John Hunt who wrote (28886)2/24/1999 6:36:00 AM
From: long-gone  Read Replies (1) | Respond to of 116844
 
Levi-Strauss Company sending 6,000 jobs overseas
Revlon To Cut Up To 1,200 Jobs
Farm equipment maker Case cuts 3,400 jobs
After Merger, Citigroup Cutting 10,400 Jobs
Polaroid laying off 2,500 workers
ITT Industries To Cut About 1,200 Jobs
Kellogg To Cut 765 Jobs
Boeing To Cut 48,000 Jobs
3,400 Jobs Cut at Merrill Lynch
Ziff-Davis Cutting 10% of its employees
Packard Bell NEC cutting 1,000 U.S. jobs
Raytheon cutting 14,000 jobs
Gillette cutting 4,700
Toys R Us Closing Stores and Cutting 3,000 Jobs
Durham Hosiery closes its doors--350 people lose their jobs
3M Downsizing; cutting 4,500 jobs
TRW cutting 7,500 jobs
Dow Jones Downsizing—Cut 220 jobs
Snap-on Tools Restructuring; laying off 1,000
Rockwell cutting 3,800 jobs
Remington closing Ct. plant --220 employees to lose their jobs
Lockheed Martin Missiles & Space Reducing Workforce between 1,000 and 1,500
Compaq Computer Cutting 2,000 Jobs
Nabisco & Huffy Cutting 3,100
Jobs Motorola Cutting 15,000 Jobs
Sheldahl Inc. of South Dakota sending 60 jobs to Mexico
Sunbeam to close 8 plants, cut 5,100 jobs (Reuters)
Digital Equipment could cut 15,000 jobs
Zenith Lays Off 797 Workers
Intel Corp. & Silicon Graphics Cutting 3,000 Jobs
Boeing to Cut 8,200 More Jobs
GE Power Systems Cutting 1,200 Jobs
Nike forced to lay off 450 more workers
Chase Manhattan cutting 4,500 jobs
Osram Sylvania Closing Massachusetts Plant--570 employees out of work
AT&T Cutting 18,000 jobs
Raytheon Cutting 9,700 Jobs
500 Layoffs at Kennedy Space Center
Owens Corning Laying off 2,200 Workers
Kodak To Layoff 16,600
RJR Nabisco Cutting 400 U.S. jobs
Boeing Cutting 12,000 Jobs
Cabletron Announces 600 Layoffs
Polaroid Cutting 1,500 Jobs
Hasbro Cutting 2,500 Jobs
Philip Morris Layoff 2,500
Kimberly-Clark Downsizing—5,000 to be laid off
Hasbro El Paso Plant Closing—700 to lose jobs
GM to Eliminate 42,000 Jobs
Major lay-offs for Levi Strauss, Eastman Kodak, Fruit of the Loom, Waste Management, Kemet Corporation and Donna Karan International
Lay-Offs announced by Citicorp, Silicon Graphics Inc and Dr. Pepper/Seven Up Inc
200 employees of Greater Texas Finishing Corporation, a division of Sun Apparel Inc., were laid off on August 29, 1997 when the company moved its production to Mexico.
U.S. Surgical Corp of CT. announces layoffs
GM Plant Lays Off Workers in MO plant
Pendleton to close last factory in Oregon
Fruit of the Loom Laying Off Workers
BASF Plant closing in Holyoke Ma
West Publishing Co sold to Canada
United Technologies Moving "Top Staffers" from Ct. to Indonesia
OSRAM SYLVANIA of Danvers Ma. to move some work to Mexico
Kellogg Brush Company Moving to Ohio
Guess? sending work to Mexico
IOMEGA To Lay Off Hundreds in Utah
Goodyear Moving Jobs in Ohio to Mexico
Sunbeam To Cut 6,000 Jobs
DuPont To Cut 2,800 Jobs
102 Mill Workers Lose Their Jobs
Japan Victor Co. moving to Mexico
America West's FlyAway Jobs
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Data from ACTIVISTS "R" US
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