by Owen Collins | Nov 12, 2018 | City News
The OEM has announced various offloads and liquidations as it seeks to regain the confidence of investors. Following on from last week’s release of its financial affairs, Toshiba has now also revealed that it is liquidating its British nuclear power unit, according to...
by Owen Collins | Oct 19, 2018 | Around the Industry
The OEM is closing its two locations in Windsor, Connecticut, with the expected loss of 219 workers. HartfordBusiness.com reports that the company is set on permanently closing its facilities at 500 Day Hill Road and 550 Marshall Phelps Road by the end of September...
by Owen Collins | Sep 17, 2018 | World Focus
Static Control has announced plans to streamline its operations, with the layoff of around 240 employees. The majority of those laid off worked in the company’s manufacturing operations. “The imaging industry is constantly changing,” declared a company statement,...
by Owen Collins | Aug 20, 2018 | Around the Industry
The OEM is cutting back its IT positions in offices across the USA and Canada. Westfair Online reports that roles being dispensed with include software engineers, systems engineers, programme managers, finance managers, and support staff, although no official figure...
by stefanie | Jul 19, 2018 | Around the Industry
The OEM has revealed plans to institute approximately 1,000 global layoffs, representing about one ninth of its worldwide workforce. As US News reports, Lexmark is planning to cut approximately 1,000 jobs over the next year as part of its latest restructuring of the...