Employment

Employment

  
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1

Discount workers: It was a mistake to back Bronfman

Employment
  The Histadrut's deals with the workers' committee and with management created the two-tier labor structure.
  Shay Niv 03/03/2010
 "We were among those who supported the Bronfman family when it asked to acquire the bank, and it was a mistake. It happens. They're the owners of the bank, but they're not around. They don’t invest in...
2

Discount Bank employees to close all branches

Employment
  While striking tomorrow, workers will hear a speech by Histadrut head Ofer Eini.
  Shay Niv 02/03/2010
 Israel Discount Bank (TASE: DSCT ) employees will hold a nationwide strike tomorrow. While all the bank's branches are closed, Discount's 5,000 employees will attend a meeting in the morning at Tel ...
3

Israel to train new generation of nuclear engineers

Employment
  IEC wants to build a 1,000-1,200-MW nuclear-solar power station by 2020.
  Amiram Barkat 01/03/2010
 As Israel begins to work toward an Israel Electric Corporation (IEC) (TASE: ELEC.B22 ) plan to build a nuclear power station, a local university will set out to train a new generation of nuclear The...
4

Yael Software on hiring spree

Employment
  The high tech firm looks to recruit 170 workers in 2010, after adding 100 in 2009.
  Globes' correspondent 01/03/2010
 IT integrator Yael Group plans hiring over 170 new employees in 2010, after recruiting more than 100 new employees in 2009. The recruitment drive has already begun with 20 new employees taken on so ...
5

Unemployment falls to 7.4%

Employment
  In the fourth quarter of 2009, the civilian work force was 3.037 million people.
  Adrian Filut 28/02/2010
 The rate of unemployment fell to 7.4% in the fourth quarter, on a seasonally adjusted basis, down from 7.7% in the previous quarter, according to figures published today by the Central Bureau of The ...
6

High-tech manufacturer Nepcon gets court protection

Employment
  The jobs of 225 employees are at risk.
  Shay Niv and Ela Levy- 24/02/2010
 The Tel Aviv District Court yesterday accepted a petition by Nepcon Manufacturing Technologies Ltd. for a stay in proceedings until March 25. The company owes NIS 62 million. The company's employees,...
7

Teva chairman Hurvitz sold shares for $14.5m in 2009

Employment
  Employees exercised options worth $169 million in 2009, down from $192 million in 2008.
  Globes' correspondent and 23/02/2010
 Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA ; TASE: TEVA ) chairman Eli Hurvitz sold 300,100 shares during 2009, according to its 20-F Form annual report to the US Securities and Exchange Teva ...
8

Opportunity cost of Intel

Employment
  We must ask what else we could do with $400 million.
  Shmulik Shelah 21/02/2010
 1. A quote from last week: "Your government relied too much on reducing corporate taxes. Economics has to be more diverse than that. " The speaker is Craig Barrett, chairman of Intel until about 9 2...
9

Discount Bank workers expand sanctions

Employment
  Workers committee chairman Rikki Bachar: Outsourcing and temporary employees have no place at the bank.
  Eran Peer 21/02/2010
 Labor sanctions at Israel Discount Bank (TASE: DSCT ) are continuing. From today through Tuesday, the bank's computer service will not fix breakdowns or provide software support, and the computer ...
10

1,000 Discount Bank workers to strike

Employment
  The workers leaders will meet daily to decide on further action.
  Eran Peer 17/02/2010
 The industrial action at Israel Discount Bank (TASE: DSCT ) will intensify tomorrow. Workers committee chairman Riki Bachar has informed the bank's employees that from tomorrow (Thursday) the business...

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