Ongoing Job Losses Leave Many Workers Devastated

Photo of author

(Newswire.net — March 31, 2014) Bournemouth, DORSET — 

The news has been filled with many stories of job losses.

The Scottish arm of publisher Trinity Mirror is seeking an undisclosed
number of voluntary redundancies as it seeks to “reposition” the business.


Media Scotland says it needs to restructure its business to take advantage of digital growth.



JPMorgan Chase plans to eliminate a total of 8,000 jobs this year as its mortgage business shrinks and as the giant bank aims to control costs at its branches.



The new job cuts include reductions in the bank’s mortgage and retail banking businesses. The bank also cut 16,500 jobs last year in those areas.

 

Binghamton lost 600 jobs from February of 2013 to February of 2014.


Of those 600 job losses 500 were in the private sector.



Japanese automaker Honda unveiled further cuts to its manufacturing operations in Britain citing disappointing sales growth in Europe which it did not see picking up in the next couple of years.



Honda Motor Europe said it planned to move from a three to two shift pattern at its manufacturing plant in Swindon, southwest England, resulting in an estimated 340 job losses, slightly more than 10 percent of the workforce.



Mr McEwan, revealing results from a review of the battered bank, predicted it will take a further three to five years for NatWest owner RBS to recover.



Plans include cutting its branch network, shrinking some other operations and banning “sweeteners” used to attract new customers.


Further job cuts will add to the 30,000 already imposed.



 

The Co-op is planning to slash costs by £500million over four years, which will lead to between 4,000 and 5,000 job losses, according to reports.



But what happens to those not able to find a job quickly after being laid off?



For some of these people who are in their fifties or sixties looking for work
is virtually impossible as employers seek younger employees.



So being unable to find a job many of these job seekers have turned to the internet to find a way to find work of some kind to make a job change.


 

They find there is a big learning curve to learn new skills and overcome many systems in which to make money online which turn out to be so complicated and time consuming that succeeding is sometimes a matter of luck to find the ideal way.



With the speed of technology on the use of the internet  using software is now considered an essential part of any online system.



These can be expensive to purchase and they will need to be properly researched.



There is one free software which allows anybody from a total internet beginner to one more advanced to set up websites which will begin to make money using affiliate marketing.



Click here to find out more.



Many people from different types are jobs are looking for new ways of employment and the internet is the place for a majority to turn to for their solution.


Source:


http://jobsearch.about.com/b/2014/03/21/too-old-to-get-hired.htm


http://www.holdthefrontpage.co.uk/2014/news/trinity-mirror-seeks-redundancies-at-scottish-division/


http://www.northjersey.com/news/jpmorgan-sees-8-000-consumer-mortgage-bank-job-cuts-in-2014-1.731728


http://www.wicz.com/news2005/viewarticle.asp?a=3242


http://voiceofrussia.com/uk/news/2014_03_25/photo-News-in-Pictures-25-March-2014-6282/


http://www.mirror.co.uk/money/city-news/outrage-royal-bank-scotland-makes-3190577


http://www.mirror.co.uk/money/city-news/co-ops-utter-cock-up-2bn-banking-3186812#ixzz2xZhEEzrw