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Australia's Fairfax Media puts proposed job cuts on hold till outcome of talks with union
Jun 21, 4:43 pm
Sydney, June 21 (ANI): Australian publisher Fairfax Media's 1900 proposed job cuts are on hold as the firm has decided to discuss the changes with unions.The company has agreed to consult workers over the planned job cuts and the closures of the Tullamarine and Chullora, New South Wales
printing presses.Leigh Diehm, Australian Manufacturing Workers Union's (AMWU) assistant state secretary, said the firm's move was a win for workers, who had a clause in their contract that required consultation before any job cuts were made."The agreement in Fair Work Australia confirms this position. Fairfax now must properly consult with the workers and us before any drastic changes can be implemented," The Herald Sun quoted Diehm, as saying."No factory will be closed until all alternatives can be explored and proper consultations have been conducted," he added.According to the report, Fairfax Media Limited said in a statement that it was ready and willing to talk to relevant unions and employees."The Fair Work Australia proceedings today, which were brought by the AMWU, have delayed scheduled discussions which should have occurred earlier this week," the statement read."We will deal openly and fairly with all employees concerned and provide as much information as possible as those details become available," it added.The
Australian Council of Trade Unions had also weighed into the Fairfax crisis, saying the company had a 'moral obligation' to discuss the moves with its staff. (ANI)
ESPN lays offs some of its employees to control costs(Amended/ESPN Employee/Update)
May 23, 6:06 pm
Washington, May 23 (ANI): Sports media giant ESPN has given pink slips to some of its 7,000 employees as a cost cutting measure.
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Google wants 'rational tax system' following criticism over firm's lesser tax transparency
May 23, 5:22 pm
London, May 23 (ANI): Google chairman Eric Schmidt has called for a more rational and predictable international tax system following widespread criticism over the company's failure to have a more transparent tax payment system.
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Rediff.com reports fiscal 2013 fourth quarter and year-end results
May 23, 4:27 pm
New Delhi, May 23 (ANI): Rediff.com, one of the premier online providers of news, information, communication, entertainment and shopping services to Indians worldwide, has announced results for its fourth quarter and fiscal year ended March 31, 2013.
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Ford to close manufacturing operations in Australia, slash 1200 jobs
May 23, 3:51 pm
Sydney, May 23 (ANI): Ford will close its manufacturing operations in Australia and 1200 workers will lose their jobs in October 2016.
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