MEXICO CITY, Dec 19- Mexico's state oil company Pemex is renegotiating service contracts worth hundreds of millions of dollars in a drive to cut costs as it grapples with falling crude prices, its chief executive said. Mexico's main crude export mix is worth even less, trading around $51 a barrel on Friday, while Pemex's average production costs are about $22 per...» Read More
Londoners aged 18-24 will have to do three months of unpaid work in order to continue claiming social security benefits in a new scheme announced by London’s mayor Boris Johnson, however there are claims that rather than helping young people back into work, the scheme exploits their free labor.
Employees behaving badly can take a huge toll on the organization.
Garbage is dirty and stinky and once it's out of sight, it's out of mind. But the truth is, garbage is a good indicator of the economy and right now, some say it's flashing a warning signal.
What really stresses people out the most — annoying co-workers? Long hours? Feeling underappreciated? Find out.
Here's what people said about an email blackout. You might be surprised!
Are there extra idiots on your commute these days? Yeah, you might need a better work-life balance.
Do you check your email on your iPhone or BlackBerry after work?
There's a palpable anxiety in Officeville these days, with worries about everything from the economy to job security.
HSBC is to apologize to US lawmakers for failing to have appropriate controls in place to ensure it did not facilitate the financing of terrorism and other criminal activities, transgressions that analysts estimate may cost it up to $1 billion in fines.The FT reports.
Companies have been slowly adding workers for more than two years. But pink slips are still going out in a crucial area: government, the New York Times reports.
CNBC.com spoke with human resource experts to find out the five tell-tale signs that you may need to update your resume.
Robert Albertson, Sandler O'Neill & Partners chief strategist, discusses the impact of Europe's debt problem on the overall U.S. economy and the future of record low interest rates.
Job cuts jumped by 53 percent in May from April, with Hewlett-Packard's layoffs propelling the computer industry to the top spot among the biggest job cutters this year, a report by consultancy firm Challenger, Gray & Christmas showed.
Meg Whitman, Hewlett-Packard president & CEO, discusses her company's restructuring plans which include massive layoffs; its Q2 earnings and guidance; and her plans to turnaround the company amid growing competition.
Jayson Noland, Robert W. Baird senior analyst, discusses Hewlett-Packard's restructuring plans, which includes cutting 27,000 employees and weighs in on the keys to improved earnings and growth.
"Hewlett-Packard is on the wrong side of Apple," says Ben Reitzes, Barclays Capital analyst, discussing the company's plans to cut 8% of its workforce, improve its earning quality and keep competitive with Apple.
Mark Stahlman, TMT Strategies, provides a preview of Hewlett-Packard's Q2 earnings and weighs in on reports the tech giant may be laying off as many as 30,000 employees.
Yahoo's all-hands meeting today is more than a garden-variety pep talk. It's a chance for new CEO Scott Thompson to set the agenda at a pivotal moment for the struggling company.
CNBC's Jon Fortt has details on another round of layoffs in the tech sector and whether job cuts at Yahoo and Sony are signs of deeper problems at both companies; with Porter Bibb, MediaTech Capital Partners.
The number of job cuts announced by employers jumped 28 percent in January, led by retailers and financial firms, according to the latest report by global outplacement firm Challenger, Gray & Christmas.