Calamos Supports Greece

job cuts

Amazon to Fire 18,000 Staff to Cut Costs

Amazon is planning to lay off more than 18,000 employees to cut back on costs. It will be the largest dismissal of workers in the firm's 28-year history. It has not yet been announced where the job losses will occur,...

Microsoft to Cut Nearly 1,000 Jobs

Microsoft confirmed on Monday that the company will cut hundreds of jobs, as the software maker’s revenue is expected to slow thanks to weaker sales of Windows licenses for PCs. “Like all companies, we evaluate our business priorities on a...

11,000 Public Sector Job Cuts Still Due 2014, 45,000 At Risk

With the Troika due to return to Greece immediately after the European elections, the Ministry of Administrative Reform in Athens is trying to catch up with the 11,000 public sector dismissals slated for 2014, lest bailout funds be withheld. Hundreds of contracts expire within months, but thousands more...