Recently, many multinational firms are cutting their jobs and reducing the costs as a result of  global financial crisis, however, many industry giants like General Motors China, McDonald’s, Johnson&Johnson Medical China and Wal-Mart have confirmed that they will not stop their recruitment in China.

During the 2009 Hewitt Best Employers in China session on March 26th, 10 companies said that they have plans for recruitment this year. Read more…

Popularity: 4% [?]

China, company, crisis, development, economy, employment, industry

According to the government several days ago, companies can delay contribution to pension funds and reduce the rates of various kinds of employee insurance. This move aims to stem rising job losses as the global downturn covers China’s economy.
Jobs can be secured by companies paying hundreds of billions of yuan less in insurance and pension payments, said three Read more…

Popularity: 3% [?]

China, economy, employment, job, market, measure