TITLE

ECONOMIC RISK: Economic Woes Spreading

PUB. DATE
April 2009
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Apr2009, Vol. 20 Issue 4, p6
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports on the continuing layoffs of factory workers in Cambodia as of the year 2009. It says that landlords are reporting heavy business losses in rental income as a result of departing factory workers. In addition to the 27, garment workers who were already laid off in 2008, it notes that the Free Trade Union of the Workers of the Kingdom of Cambodia has estimated that 21,000 more were lost in the first two months of 2009 alone.
ACCESSION #
37167589

 

Related Articles

  • Redundancies loom for specialist Connexions staff. Rowntree, Nancy // Children & Young People Now (Haymarket Business Publications Ltd;2/6/2008, p1 

    The article reports that Unison, a trade union, has represented up to 100 staff of Connexions in a redundancy negotiation in England. The layoffs are proposed in administrative and managerial positions that includes reduction of staff with specialist knowledge. According to Jon Richards, senior...

  • Visteon lays off 80 workers.  // Plastics News;2/9/2004, Vol. 15 Issue 49, p18 

    Dearborn, Michigan-based auto supplier Visteon Corp. laid off 80 salaried employees in late January 2004 to cut costs.

  • Hoverspeed jobs threat.  // Travel Weekly: The Choice of Travel Professionals;10/6/2003, Issue 1688, p5 

    Hoverspeed, the car ferry operator from Dover, England to Calais, France is considering axeing staff as part of business planning, aimed at improving the way it copes with the drop in business over winter as of October 2003. Hoverspeed said it is considering a number of proposals which include...

  • Visteon will sell 2 German plants. Ussler, Wolf R. // Automotive News;9/11/2006, Vol. 81 Issue 6220, p26X 

    The article informs that struggling Visteon Corp. has decided to sell two of its German automobile parts plants. The move to sell factories in Wuelfrath and Dueren is expected to help Visteon halve his work force. Analysts say that the plants are likely to be bought by Germany's ZF...

  • Levy shrinks county layoff list.  // Long Island Business News (7/1993 to 5/2009);4/24/2009, Vol. 56 Issue 20, p12A 

    The article reports on the move of Suffolk County executive Steve Levy to reduce his layoff list to county positions if labor unions agree to $30 million in concessions in New York. It mentions that the 347 layoffs will not include health sanitarian positions in food inspection, hydro-geologist...

  • ABILITY RATHER THAN SENIORITY.  // Labor Law Journal;Feb51, Vol. 2 Issue 2, p125 

    A contract between a labor union and an employer said that seniority rights shall prevail, but only with respect to layoffs and rehiring. A case went to arbitration involving a "parts chaser" who was an assistant in a stock room and who thought that he should be promoted to stock room clerk when...

  • One-Day Shutdown Is Layoff--No Notice Due.  // Labor Law Journal;Apr71, Vol. 22 Issue 4, p255 

    This article reports that a company was accused by a labor union of violating a contract provision requiring a week's notice and discussion with the union of any impending changes which would substantially alter the work hours. The company let its employees know of a one-day shutdown through an...

  • How Unions Affect Shareholder Wealth in Firms Announcing Layoffs. POUDER, RICHARD W.; HINDMAN, HUGH D.; CANTRELL, R. STEPHEN // Journal of Labor Research;Summer2004, Vol. 25 Issue 3, p495 

    We investigate whether investor anticipation of future performance differs' between union and nonunion firms following corporate layoff announcements. Using event-study methodology and multivariate regression analysis, we find that the stock market reaction to layoff announcements is negatively...

  • Unions make job cuts as membership squeezed. Churchard, Claire // People Management;6/4/2009, Vol. 15 Issue 12, p8 

    The article reports on the announcement by the private-sector union Unite that it will make 20 per cent budget cuts, which will result to staff redundancies. According to a Unite spokeswoman, the cuts will affect all departments, however the loss of jobs will be less radical than 20 percent. She...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics