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Lockheed Martin cuts 1,000 US jobs

Lockheed Martin has announced that its aeronautics business plans to axe around 1,000 positions in the US. In a media release issued last week, the...

Lockheed Martin to axe 500 jobs in IT service

Global security and aerospace company Lockheed Martin has announced that it will slash 500 jobs from its Information Systems & Global Solutions (IS&GS) workforce...

Bradken to cut 500 jobs

Bradken is set to slash 10% of its workforce to 4,700 in the next couple of years to reduce operational costs and improve medium to...

China’s manufacturing sector in decline as layoffs continue to mount

The growing number of layoffs in China’s manufacturing sector has added fuel to speculations that the world’s second-largest economy is rapidly deteriorating, as manufacturers...
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.