February 2, 2009

France says Dec unemployment rises 45,000

Filed under: France,unemployment,worldwide — 7macaw @ 7:15 am
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French unemployment jumped by around 45,000 in December, Economy Minister Christine Lagarde said on Monday and she warned that the economy’s troubles would continue into the first quarter of the year.

The rise in the jobless data, which will be released officially later on Monday, is smaller than the 64,000 increase in November which was the sharpest rise since at least 1993.

Source: The Guardian.

January 21, 2009

Yahoo cuts 20% of French Staff

Filed under: IT,worldwide,Yahoo — 7macaw @ 8:15 am
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Yahoo (NSDQ: YHOO) is cutting about 52 staff from its 251-strong French operation under the group-wide reductions announced from the company’s Sunnyvale headquarters in October.

The engineering staff is taking a big hit from the restructuring, as Yahoo’s French sites carry proportionally more engineers than other locations, the company told AFP: “The category of engineers is the most affected by the cuts at the global level.” The cuts will come from both of Yahoo’s French sites, in Paris and Grenoble.


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