Johnson & Johnson (J&J) subsidiary DePuy Spine, part of DePuy Synthes, recently announced that it will be laying off 67 employees from its facility in Monument, CO, according to an Oct. 30 WARN Act filing. The cuts come as J&J continues its two-year orthopedic business restructuring in a bid to improve its profitability. DePuy Spine…
When independent supermarket startup Supie went bust last month, the companys 120 employees were told they wouldnt be paid for their last two weeks of work, or receive any of their owed annual leave pay. The subsequent appointment of voluntary administrators again highlighted New Zealands limited protection for employees when their employer becomes insolvent. Supies…
Here’s our Club Mailbag email [email protected] so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: If I am evaluating a few companies…
A total of 180 people in Wokingham have accessed the governments new Breathing Space scheme since it launched in May 2021, according to official figures. National Debtline which is one of the free debt advice charities able to register people who are eligible for Breathing Space is urging more people to seek advice as the…
By JAMES ANYANZWA CIC Insurance Group is trimming part of its workforce through a voluntary early retirement (VER)/programme as part of a five-year (2021-2025) corporate restructuring plan seeking to bolster competitiveness, improve operational efficiency and free more resources to lift the regional financial services conglomerate to a higher growth trajectory. The restructuring also focuses on…
Nov 12, 2023 3.39pm Mike Cannon-Brookes Sun Cable venture has begun discussions with the federal governments $15 billion National Reconstruction Fund about support for a cable-manufacturing plant in Tasmania. The venture, owned by the software billionaires Grok Ventures since an ownership shake-up forced by a decline into voluntary administration, is proposing to manufacture the specialist…