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Keyword: layoff

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  • Cisco Systems to lay off about 14,000 employees: Report

    08/17/2016 5:01:58 AM PDT · by mykroar · 64 replies ^ | 8/17/2016 | Reuters
    Cisco Systems Inc is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker's global workforce, technology news site CRN reported, citing sources close to the company. San Jose, California-based Cisco is expected to announce the cuts within the next few weeks, the report said, as the company transition from its hardware roots into a software-centric organization. Apart from Cisco, two other big software companies, Microsoft Corp and HP Inc, have also announced job cuts this year.Microsoft said in July that it would lay off about 2,850 jobs over the next 12 months, taking its total...
  • USCIS Wins Igniting Innovation Award(Immigration Svcs awarded for replacing Americans with H-1B wor

    this came by email from U.S. Citizenship and Immigration Services won the overall Igniting Innovation Award Monday at The American Council for Technology and Industry Advisory Council’s Igniting Innovation Showcase and Award event in Washington, D.C. A panel of government and industry judges selected USCIS as the overall winner for their work with myUSCIS, a service, available in both English and Spanish, that helps people navigate the immigration process. The tool launched in December 2014 and provides up-to-date information about immigration benefits, resources to find citizenship preparation classes and doctors across the country, and tools to help prepare for...
  • Editor and 70-plus others fired at the Orange County Register

    03/31/2016 9:10:33 PM PDT · by EveningStar · 37 replies
    Los Angeles Times ^ | March 31, 2016 | Anh Do
    On the day that Digital First Media completed its purchase of Freedom Communications — parent company of the Orange County Register and the Riverside Press-Enterprise — a wave of layoffs hit the Register. Rob Curley, editor of the paper, confirmed Thursday that it would be his last day. He was among 70-plus staff members who were being let go from the editorial, circulation, advertising and marketing departments, according to sources who spoke on condition of anonymity when discussing the Register.
  • Donald Trump gloats after massive Macy's job cuts

    01/07/2016 8:36:05 AM PST · by TangledUpInBlue · 120 replies
    The Business Insider ^ | 1/7 | Colin Campbell
    Trump had a high-profile feud with Macy's shortly after he launched his presidential campaign in June with a fiery campaign speech in which he accused the Mexican government of sending rapists and murderers across the border. Macy's was among several corporations to sever financial ties with Trump amid the resulting firestorm. The store said it would phase out its Trump-branded ties, dress shirts, and "Success" fragrance. Trump responded by calling for a boycott of the store and retweeted his supporters who said they were cutting up their Macy's credit cards.
  • Wal-Mart to cut hundreds of jobs at headquarters

    10/01/2015 2:12:01 AM PDT · by WhiskeyX · 6 replies
    Reuters ^ | Wed Sep 30, 2015 11:17pm EDT | Reuters
    Wal-Mart Stores Inc (WMT.N) is planning to lay off hundreds of people at its headquarters in Arkansas as part of the retail giant's efforts to pare costs, people familiar with the matter said. Fewer than 500 employees are expected to lose their jobs and an announcement could be made as early as this Friday, according to one of sources, who declined to be named because the move had not been made public.
  • Whole Foods to cut 1,500 jobs, get ‘leaner’

    09/29/2015 5:09:25 AM PDT · by WhiskeyX · 17 replies
    Austin American-Statesman ^ | 3:14 p.m. Monday, Sept. 28, 2015 | Claudia Grisales - American-Statesman Staff
    In a challenging year that has seen it battle declining sales and increased competition, Austin-based Whole Foods Market said Monday that it will cut 1,500 jobs in the next two months. [....] Whole Foods said it is making the cuts “as part of its ongoing commitment to lower prices for its customers and invest in technology upgrades while improving its cost structure,” according to a filing with the U.S. Securities and Exchange Commission. The reduction represents 1.6 percent of the company’s workforce, the filing said. The organic foods giant, which employs 91,000, said it will make the cuts over the...
  • DreamWorks Animation plans substantial layoffs

    01/19/2015 3:13:53 PM PST · by dynachrome · 17 replies
    LA Times ^ | 1-19-14 | By RICHARD VERRIER
    Stung by a series of box office misfires and failed sale attempts, DreamWorks Animation plans a substantial number of layoffs, two people familiar with the matter said. In a move to cut operating costs, the Glendale studio intends to significantly reduce the size of its workforce, said the people, who asked not to be identified because they were not authorized to discuss the plans. While the precise number of people who will lose their jobs has yet to be finalized, the number is expected to exceed the 350 layoffs that occurred in 2003 after the studio shelved production of the...
  • Please pray for us

    08/22/2014 7:36:38 PM PDT · by 2ndDivisionVet · 105 replies
    August 22, 2014 | 2ndDivisionVet
    My wife just found out today that her store will close in about two months and she may be laid off. That will leave only my small V.A. pension and that won't cut it. Plus she won't have health insurance. We need your prayers. Thanks.
  • Microsoft to Eliminate Up to 18K Jobs Over Next Year

    07/17/2014 5:45:35 AM PDT · by mykroar · 26 replies ^ | 7/17/2014 | Victoria Craig
    <p>In a letter to employees early Thursday, Microsoft CEO Sataya Nadella said the tech giant will slash its workforce by as many as 18,000 jobs over the course of the next year, with the first round of 13,000 cuts coming within the next six months.</p>
  • Layoff

    01/15/2014 6:02:05 PM PST · by annalex · 9 replies
  • The Snarf’s at 600 W. Chicago just laid off all its employees via email

    12/23/2013 1:30:32 PM PST · by Nachum · 73 replies
    Chicago Grid ^ | 12/23/13 | MEG GRAHAM
    The layoffs come three weeks after some of the sub shop's employees protested for better wages and benefits. BY MEG GRAHAM A River North sandwich shop gave its employees an unwelcome Christmas surprise on Sunday night, firing them all by email. The 20 employees of Snarf’s Sub Shop at 600 W. Chicago Ave. received the email last night around 5 p.m. Grid obtained it this morning. It reads as follows. 1. Due to increased competition and losses, ownership has decided to consider remodeling and reconcepting the store at 600 West Chicago Ave. 2. The store is closing, effective tomorrow, December...
  • Veterans' Affairs office to lay off 7,000

    10/08/2013 3:38:01 PM PDT · by SandRat · 7 replies
    SIERRA VISTA — On the day Fort Huachuca’s commissary reopens, another branch of the federal government is laying off 7,000 workers, which starts today. The Department of Veterans Affairs is furloughing Veterans Benefits Administration employees which will suspend some programs during the time of the lay offs. However, the Arizona Department of Veteran Services will continue to provide assistance which the state supports but the impact will be felt by those being served, said Dave Hampton, spokesman for the state agency. Some state employees co-located at the VA Phoenix Regional Office have been moved to the Arizona State Veteran Home...
  • Ben Venue out of business Bedford Ohio 1100 folks

    10/04/2013 5:16:03 AM PDT · by reed13k · 20 replies
    Just heard on the drive in that Ben Venue, a maker of cancer drugs (generic and on contract), will be going out of business. They have been working through a consent decree with the FDA for quality system issues and stated: "the company cannot return to sustainable production." Their announcement here: 1100 folks in Beford Ohio will be impacted.
  • Insurer to close Lincoln office, lay off more than 100 (Nebraska)

    03/18/2013 1:40:38 PM PDT · by 2ndDivisionVet
    The Lincoln Journal Star ^ | March 18, 2013 | Matt Olberding
    The layoff bug that Lincoln had avoided for more than two years has finally bitten. QBE North America, a subsidiary of Australia-based QBE Insurance Group Limited, on Monday confirmed that it plans to close a Lincoln office that employs more than 100 people. The employees work at a call center at 50th and R streets under the business name Sterling National Corp. Paula Symons, a QBE North America spokeswoman, said in an emailed statement that closing the Lincoln office was an "extremely difficult" decision. "With the Lincoln facility lease expiring in a few months and the size of the Lincoln...
  • Exclusive: First Reports of Massive Layoffs at Coda Automotive

    12/11/2012 2:35:48 PM PST · by nascarnation · 20 replies ^ | 12/11/2102 | Brad Berman
    Coda Automotive, the California-based maker of an all-electric sedan primarily produced in China, last Friday laid off more than 50 employees, including a substantial part of its sales and marketing staff, according to a source familiar with the company’s business. The source, who contacted about the news, wants to stay anonymous based on concerns about possible “blow back” from Coda executives. The anonymous source said the company had sold fewer than 100 units of its all-electric sedan since it went on sale in March 2012—and that sales had virtually stopped after the car was recalled by the National Highway...
  • Hostess says it has over 100 interested buyers

    11/29/2012 8:18:43 PM PST · by 2ndDivisionVet · 40 replies
    New York - Hostess Brands got final approval for its wind-down plans in bankruptcy court Thursday, setting the stage for its roster of snack cakes to find a second life with new owners - even as 18,000 jobs will be wiped out. The company said in court that it's in talks with 110 potential buyers for its iconic brands, which also include Ding Dongs and Ho Hos. The suitors include at least five national retailers, such as supermarkets, according to a financial adviser for the company. The process has been "so fast and furious," Hostess hasn't been able to make...
  • Energizer to cut more than 10 percent of workforce

    11/09/2012 8:54:25 AM PST · by Rio · 6 replies
    Reuters via Yahoo News ^ | 11/8/2012 | Jessica Wohl
    Energizer Holdings Inc (ENR) said on Thursday that it would cut more than 10 percent of its workforce, or about 1,500 people, as it tries to rev up results in its battery business.
  • Utah company blames President Obama for 102 workers laid off

    11/09/2012 5:16:23 AM PST · by BushyPark · 33 replies
    KSL.COM ^ | 11/8/2012 | Geoff Liesik
    EAST CARBON, Carbon County — A Utah coal company owned by a vocal critic of President Barack Obama has laid off 102 miners. The layoffs at the West Ridge Mine are effective immediately, according to UtahAmerican Energy Inc., a subsidiary of Murray Energy Corp. They were announced in a short statement made public Thursday, two days after Obama won re-election. The layoffs are necessary because of the president's "war on coal," the statement said. The slogan is one used frequently during the election by Murray Energy CEO Robert Murray, who was an ardent supporter of Republican presidential candidate Mitt Romney....
  • Teco Coal officials announce layoffs (Eastern Kentucky)

    11/09/2012 2:37:41 AM PST · by Timber Rattler · 19 replies ^ | November 8, 2012 |
    Around 90 employees are being laid off from the Teco Coal Corporation. Director of Personnel, Paul Matney, says no mines are shutting down but they are reducing their manpower and staffing, which will reduce some production. Matney said that the layoffs are at several locations and are the result of the economic conditions of the coal market. He says more information will be released Friday.
  • RIM (Blackberry) just closed plant in Irving, TX due to election.

    11/07/2012 3:14:50 PM PST · by publana · 50 replies
    My friend who works at RIM in Irving, TX just called to tell me he, and 3000 others, were just laid off. The plant is closing. He says another employee told him it was because of the election. It's a sad day for this man as he was already extremely depressed that Romney lost. Now to lose his job?