Calamos Supports Greece

Redundancies

U.S. Media Giants Announce Staff Layoffs Amid Grim Economic Climate

Several large media corporations in the US, including CNN, Vox, BuzzFeed, and The Washington Post, have announced that they will lay off significant numbers of staff. Journalists across the country could be facing unemployment in what increasingly appears to be...

Google Parent Alphabet to Lay Off 12,000 Workers

Alphabet, the parent company of Google, will axe twelve thousand jobs in the latest round of mass layoffs affecting the tech industry in recent months. Google is set to lose six percent of its workforce as a result. The job...

Greece Toughens Redundancy Procedures in Compliance With European Social Charter

Greece's Labor Ministry plans to introduce over the following days the ''Valid Reason Principle'' into Greek law regarding workers losing their jobs due to redundancy. The new bill will soon come before the Greek Parliament for a discussion and a...

15,000 Layoffs in Greek Public Sector, Who Gets Cut?

Yesterday, Minister of Administrative Reform Kyriakos Mitsotakis held a meeting with Greece’s Troika of international lenders. The issue of redundancies in the public sector was the leading topic of conversation. Minister Mitsotakis analyzed the timetable for the implementation of the...