Large American companies are cutting workers

Фото: Depositphotos

Economic growth and a steady increase in the number of jobs encourage many people to start looking for work. Because of this, the unemployment rate in March increased from 4,9 percent to 5.

However, large companies are planning a large-scale reduction due to lower profits or an increase in the minimum hourly rate.

Intel cuts 12 thousands of workers

The American corporation Intel is cutting 12 thousand jobs, as stated in its statement, in order to reduce dependence on falling demand in the personal computer market.

The manufacturer of computer microprocessors allocates billions of dollars 1,2, to cover the cost of restructuring.

Approximately 11% of company employees fall under the reduction; the procedure associated with their dismissal, will last 12 months, said in a statement Intel.

The world's largest manufacturer of computer microchips also lowered its revenue forecast for 2016 year.

According to IDC research company, in the first quarter of 2016, sales of personal computers worldwide fell by 11,5%, сообщает Air Force

Boeing plans to cut thousands of jobs to 8

The US aerospace concern Boeing Co plans to reduce to 8 thousands of jobs this year in the commercial aircraft division. This will help reduce the company's expenses on 1 billion dollars and help the company fight for sales with its European competitor Airbus.

Boeing said 8 is a hypothetical figure and the company does not have a specific target for staff reductions.

“There is no target level of job cuts,” company spokesman Doug Adler said. “The better we can control costs overall, the less impact there will be on employment.” About it пишет Investing.

Nordstrom stores reduce to 400 jobs

Chain stores Nordstrom Inc. announced plans to cut approximately from 350 to 400 jobs. The reason for this was the transition of customers to online purchases. By reducing personnel, the company plans to save up to 60 million dollars in the current fiscal year and remain competitive.

The company currently has 70 thousands of employees. Until mid-July, they will be smaller on 400, пишет CNN.

Increasing the minimum hourly wage is the reason for layoffs in California

The issue of staff cuts was not only for manufacturing and trading companies. The University of California at Berkeley is forced to cut 500 jobs due to an increase in the minimum hourly wage to 15 dollars.

The university has 8500 employees. Under the reduction will get about 6% of employees.

Under the reduction will get employees who provide all sorts of services.

The reality is that many workers across California may be laid off in the near future due to a recent decision to raise the minimum wage in the state, пишет Town Hall.

Как писал previously ForumDaily, the minimum wage in New York and California will increase to 15 dollars per hour.

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