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Wal-Mart (WMT) Layoffs: Retailer Cutting Back On In-Store Cash Counters At 500 Stores, But Most Expected To Take Other Positions

International Business Times

As part of a larger effort to cut costs through improved efficiencies, Wal-Mart Stores Inc. is testing whether it can centralize invoicing and accounting operations. Instead of having individual U.S. stores handle these tasks, the world's largest retailer is hoping it can lower payroll costs by cutting in-store office jobs. Mark Ibbotson, executive vice president for central operations at Walmart U.S., told the Wall Street Journal in a report Wednesday that about 500 stores, most of them on the U.S. West Coast, will participate in this pilot project. Wal-Mart Stores says it hopes to cut back on office jobs at about 500 stores. "We really want to pull our workforce onto the floor," Ibbotson told the Journal.


Cisco Layoffs: Company To Dismiss Nearly 14,000 Employees, Report Says

International Business Times

Cisco Systems is laying off at least 14,000 employees, around 20 percent of its total workforce, technology news site CRN reported Tuesday. Sources told CRN that the San Jose-based company will announce the layoffs within the next few weeks. The manufacturer of networking equipment will dismiss between 9,000 to 14,000 employees worldwide as it transitions from "its hardware roots into a software-centric organization," the report said. Many employees have already been offered early retirement plans. "They need different skill sets for the software-defined future than they used to have," a source said.


France's government faces survival vote over labor reform

U.S. News

PARIS (AP) -- One by one, countries across Europe have stripped away worker protections to confront today's borderless economy and the online age. France has been the main holdout -- until now. Socialist President Francois Hollande faces one of the biggest tests of his term Thursday for trying to change the way France views work. His government is trying to force a labor law through parliament including longer workdays, easier layoffs, weaker unions, but it must survive a no-confidence vote first. It's the boldest reform any French government left or right has tried in years, and has unleashed daily, often-violent protests from wine country to the troubled suburbs.


Despite layoffs, Motorola says Moto Z line is alive and well

Engadget

"In late 2017, Lenovo announced a worldwide resource action that would occur over the next several quarters, and impacting less than two percent of its global workforce," a Motorola spokesperson told Engadget. "This week's employment reductions are a continuation of that process. We are reducing our Motorola operations in Chicago however this did not impact half of our workforce there and our Moto Z family will continue." Back in January, Motorola's entire 2018 lineup was tipped in a series of leaks, including the next Z-series devices. If that info holds true, this year's handset will feature a curved display and, of course, be a key vessel for all of those Moto Mods.


Layoff Notices Sent to 27 Peoria Employees

U.S. News

The (Peoria) Journal Star reports that the notices went out employees who belong to the American Federation of State, County and Municipal employees union and 16 members of the Teamsters union. The notices went to members of the unions that decided against taking furlough days. The employees who belong to the electricians' union avoided layoffs by accepting the city's furlough plan. City Manager Patrick Urich says the layoffs will be in effect until the snow season begins.