Tens of Thousands of Jobs Go as China’s Biggest Banks Cut Costs

Bloomberg
The cuts suggest that employment has peaked at the firms that are the world’s biggest providers of banking jobs.

Reaganomics Finds Friends In High Places In China

Frank Holmes
Forbes
In response to worldwide demands that China manage its economy better, Xi Jinping has proposed what he calls “supply-side structural reform.”

China Expects to Lay off 1.8 Million Workers in Coal, Steel Sectors

Kevin Yao and Meng Meng
Reuters
China expects to lay off about 15 percent of the workforce, as part of efforts to reduce industrial overcapacity.

Motorola Employees Protest against Layoffs

Tan Min
Hundreds of employees that could be laid off by Motorola China have protested in Beijing and Nanjing, calling for transparent procedures and fair treatment after the cell phone maker announced over 1,000 layoffs in the country.