Vienna - Austrian steelmaker voestalpine AG announced Wednesday it would reduce the working hours of around 4,000 workers, reacting to the global economic downturn.
In the coming months, some 10 per cent of voestalpine's total workforce of around 42,000 will be affected, mostly in Austria, but also in Germany and the Netherlands.
These workers would receive up to 10 per cent less pay, the company said in a statement.
In the current economic climate, everyone would have to make sacrifices said voestalpine's chief executive Wolfgang Eder.
"That is the only way to reach our ultimate goal of avoiding large-scale redundancies based on the business situation," Eder said.
Dubai, Jan. 14 : The South Africa team was fined for the second successive time for maintaining a slow over-rate during its six-wicket defeat against Australia in the second Twenty20 International (T20I) in Brisbane on January 13.
Ranjan Madugalle of the Emirates Elite Panel of ICC Match Referees imposed the fines after Johan Botha's side was ruled to be one over short of its target when time allowances were taken into consideration.
Melbourne, Jan 14 : Researchers have found the "Marilyn Monroe" hormone, which is linked to an hour-glass body shape in women, and also makes the ladies move from one man to another.
According to the US-based research, women who have high levels of oestradoil show elevated confidence and a greater inclination to have sex outside with someone besides their current partner, reports News. com. au.
The ovarian steroid hormone is also associated with having a symmetrical face, large breasts and a low waist-to-hip ratio.
Sydney - Applications are in from Mongolia, Croatia and even the Vatican City for a dream job on offer in an advertising campaign run by Australian tourism authorities.
The successful applicant gets a six-figure pay packet and rent-free luxury accommodation for six months as the caretaker of a paradise island on the Great Barrier Reef.
There have been more than a million hits to the islandreefjob. com website advertising the token position and more than 350 people have already submitted the mandatory
60-second video clip begging for an interview.
Brisbane, Jan. 14 : Australian batsman Mike Hussey believes his side has got back to its winning ways over South Africa, and added that the home side has drawn enormous self-belief from beating the tourists in recent matches.
Australia''s win in Tuesday night''s second Twenty20 match at the Gabba was their third-straight victory over the tourists in a week, including the third Test at the SCG, following the Proteas'' wins in the first two.
Sydney - The dive on Wal
Dubai, Jan. 14 : The South Africa team was fined for the second successive time for maintaining a slow over-rate during its six-wicket defeat against Australia in the second Twenty20 International (T20I) in Brisbane on January 13.
Melbourne, Jan 14 : Researchers have found the "Marilyn Monroe" hormone, which is linked to an hour-glass body shape in women, and also makes the ladies move from one man to another.
Brisbane, Jan. 14 : Australian batsman Mike Hussey believes his side has got back to its winning ways over South Africa, and added that the home side has drawn enormous self-belief from beating the tourists in recent matches.
