employees
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440,000 employees lost their jobs last year, 500,000 more to follow in 2010
One in ten employees disappeared from official statistics last year, so that their total number reached the lowest level in six years.
What happens to the employees of insolvent companies?
The jobs of thousands of employees in companies that went insolvent are threatened, considering that shareholders along with the court-appointed administrators have the legal right of termin...
Foreigners control 33% of the economy, with only 17% of total employees
Foreigners brought capital in Romania, which enables them to control one third of the economy, but the foreign capital companies employ only about 760,000 people, that is 17% of the total em...
Romcarton sends all employees on technical unemployment one day a week
Corrugated cardboard manufacturer Romcarton in Bucharest, part of French group Rossman, which also holds the Ambro Suceava plant, is sending all employees on technical unemployment one day p...
PwC sends all employees on 15-day unpaid leave
The 650 employees of consulting and auditing firm PricewaterhouseCoopers (PwC) will take turns to stay at home for two weeks.
Marsh: Three banks swindled out of more than 1m euros by employees
Marsh, the largest corporate insurance broker on the Romanian market, recorded three claims settlements worth over 1 million euros.
With 16,300 fewer employees, furniture industry loses over 150m euros
The Romanian furniture market could drop by 30% this year, after recording a 25% decline in the first six months of the year, according to estimates of the Romanian Furniture Manufacturers A...
Ardaf begins its biggest personnel cutback: 700 employees set to leave
Ardaf, one of the best-known brands in insurance and number nine on the market, has started the biggest job slashing process in its history, with the number of employees set to halve, from 1...
Top 20 employers to lose 21,000 employees
The top 20 employers in the Romanian economy, which have around 300,000 working for them, will end this year with 21,000 fewer staff, i.e. a 6% decline, according to a ZF analysis.