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Keyword: layoff

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  • Spending Christmas Unemployed

    12/11/2009 5:17:01 AM PST · by no-llmd · 6 replies · 416+ views
    The Strata Sphere ^ | 12-11-09 | AJ Strata
    The November unemployment rate made a modest (and statistically insignificant) turn for the better with the claim that America only lost 11,000 jobs in November. That claim seems wildly suspect. It seems implausible that we went from losing 190,000 jobs in October to only 11,000 jobs lost in November
  • New York Times Staffers Freaking As Bill Keller Raises The Axe(let it swing, often & hard!)

    12/05/2009 5:42:26 AM PST · by TigerLikesRooster · 23 replies · 1,329+ views
    Business Insider ^ | 12/04/09 | Keith Kelly
    New York Times Staffers Freaking As Bill Keller Raises The Axe Keith Kelly|Dec. 4, 2009, 11:10 PM | 61 | With just days to go until a Monday deadline, New York Times Executive Editor Bill Keller yesterday confirmed that he was unlikely to get 100 newsroom volunteers to accept buyouts -- meaning he'll wield the layoff ax for the second time in two years. Sources said the newsroom was in a state of high anxiety this week because of chatter that just 50 unionized editorial workers from the Newspaper Guild are expected to step forward for voluntary buyouts by the...
  • Huntington Planning Commission and City Council hear displeasure from local citizens

    11/23/2009 5:50:53 AM PST · by mshoffner · 1 replies · 317+ views
    The Huntington Planning Commission had a major item on their desk last week. It was a new proposed signage ordinance. The first ordinance was established in 1984. The new proposal had business owners showing up at the meeting, causing the vote to stall. Because of the outcry, the vote has been set to take place in December.
  • CNN.com lays off web newscast staff

    11/12/2009 8:19:16 PM PST · by MamaDearest · 9 replies · 549+ views
    newteevee.com ^ | November 12, 2009 | Liz Gannes
    Just as I got off the stage at NewTeeVee Live with CNN Worldwide VP of Digital Marketing and Development Andy Mitchell, I saw a report that CNN is cutting back on its web video newscasts. The company laid off its four CNN.com Live anchors as well as “several production staffers,” according WebNewser. CNN.com Live launched as a free service in 2007 to replace the paid web service CNN Pipeline, which failed to gather many subscribers. Up till today, it had its own staff of anchors completely separate from the cable TV channel. I followed up with Mitchell in the green...
  • Huntington emergency services suffer layoffs

    11/07/2009 6:31:04 AM PST · by mshoffner · 1 replies · 209+ views
    Huntington Examiner ^ | 11/07/2009 | Mark Shoffner
    Earlier this week, Huntington Mayor Steve Updike held a press conference relaying information of coming citywide layoffs. The only position, at that date, to be announced in the layoff was the Mayor's secretary. He went on to say that six more layoffs were expected this week. Yesterday it was announce that......
  • Huntington reduces city wide to help with shortfall

    11/05/2009 6:51:37 AM PST · by mshoffner · 4 replies · 361+ views
    Huntington Examiner ^ | 11/05/2009 | Mark Shoffner
    A couple of weeks ago, the City of Huntington found that there was a 1.7 million dollar shortfall in tax revenues. After the failed .....
  • What a Great Economy-Thanks Obama! (Vanity)

    11/01/2009 5:59:01 PM PST · by NoobRep · 12 replies · 738+ views
    self
    Just found out that my cousin and uncle, who both worked at the same company, both lost their jobs Friday. Their former company actually is laying off 900 people nationwide. They are involved in the logistics/shipping industry and I don't know the name of their company but it is clear that there is little demand out there for products right now. Rush was right when he said very few companies are keeping inventory and if you order something now they have to create the goods when your order arrives. My uncle will probably be okay but my cousin has a...
  • Still on the Job, but Making Only Half as Much

    10/13/2009 8:26:51 PM PDT · by Arguendo · 29 replies · 1,478+ views
    The New York Times ^ | October 13, 2009 | LOUIS UCHITELLE
    MECHANICSVILLE, Va. — The dark blue captain’s hat, with its golden oak-leaf clusters, sits atop a bookcase in Bryan Lawlor’s home, out of reach of the children. The uniform their father wears still displays the four stripes of a commercial airline captain, but the hat stays home. The rules forbid that extra display of authority, now that Mr. Lawlor has been downgraded to first officer. He is now in the co-pilot’s seat in the 50-seat commuter jets he flies, not for any failure in skill. He wears his captain’s stripes, he explains, to make that point. But with air travel...
  • Times buyout is back (More staff cuts loom)

    09/26/2009 3:08:14 AM PDT · by TigerLikesRooster · 21 replies · 1,574+ views
    NY Post ^ | 09/26/09 | HOLLY SANDERS WARE and KEITH J. KELLY
    Times buyout is back More staff cuts loom By HOLLY SANDERS WARE and KEITH J. KELLY Last Updated: 4:12 AM, September 26, 2009 Posted: 1:17 AM, September 26, 2009 More cuts coming. The job-cut knife is again being brandished at New York Times Co., as the struggling newspaper publisher prepares to launch another round of employee buyouts to further trim costs. The Times told its biggest union that it is willing to offer buyouts rather than laying off workers because members had "stepped up" to help the paper earlier this year by agreeing to a temporary pay cut proposed by...
  • A 'More With Less' America ( Lay off the American worker. No, not like that! )

    09/07/2009 2:00:35 PM PDT · by SeekAndFind · 14 replies · 1,047+ views
    Forbes ^ | 9/7/2009 | Michael Maiello
    Happy Labor Day, hope you got the day off because chances are, you've really earned it. Productivity, the amount of output per hours worked is at a six-year high in America--it was up 6.6% in the second quarter and shows no signs of abating. It's the direct result of all the cost-cutting that brought the pleasant earnings news and helped fuel the summer's low-volume stock rally. Profits are up because companies have cut jobs, and for those who remain employed, wages have fallen. Sometimes productivity comes from technology, and sometimes it comes from clever new management techniques that help people...
  • S. Korea: Lawyers Worldwide Struggling Under Recession

    08/28/2009 5:00:20 AM PDT · by TigerLikesRooster · 11 replies · 413+ views
    Chosun Ilbo ^ | 05/12/09 | Kim Hong-jin
    Lawyers Worldwide Struggling Under Recession During the Great Depression of the 1930s, U.S. law firms downsized by laying off their attorneys. Lawyers who lost lucrative contracts to big law firms went after petty dispute claims, such as divorce settlements, but work was hard to find. They were lawyers in title only, and their life was no better than that of beggars. In New York, 1,500 lawyers were only able to receive social welfare benefits after they formally declared they were destitute. Perhaps that is why American lawyers are infamous for jumping at any opportunity if money is there. Harvard Law...
  • Layoffs could have been avoided, Young says (11 Dayton, OH, Police Officers layoff!)

    07/09/2009 9:29:21 PM PDT · by greatdefender · 6 replies · 874+ views
    Dayton Daily News ^ | 9 July 2009 | Joanne Huist Smith and Kyle Nagel
    DAYTON — City Manager Rashad Young said that if the city’s police union agreed to accept a proposed wage freeze and four furlough days, 11 officers slated for layoff on Aug. 3 would keep their jobs. “They will not be laid off,” Young said. Young and Police Chief Richard Biehl held a press conference Wednesday, July 8, to announce the layoff plans. Earlier in the day, the 11 officers and union leadership learned of the cuts. The officers, who have a little less than a year of experience, were trained in the Dayton Police Academy and are “pretty devastated” by...
  • Layoff Tracker (Forbes Magazine)

    07/06/2009 6:40:01 PM PDT · by GOP_Lady · 31 replies · 1,042+ views
    ForbesMagazine.com ^ | 07-06-09 | Compiled by Sam Niles
    Number of layoffs since Nov. 1, 2008, at America's 500 largest public companies.
  • Dallas Employees Stage Layoff Protest At City Hall (Tax the Rich)

    06/24/2009 6:01:30 PM PDT · by Dallas59 · 11 replies · 574+ views
    KTVT 11 ^ | 6/24/2009 | KTVT 11 Stephanie Lucero
    Video at link.. Civilian employees with the City of Dallas are worried about impending layoffs and they are asking the city council to look for other ways to cut the city's budget. In all, nearly 800 could lose their jobs, effective October 1st. Dallas City Manager Mary Suhm's current budget proposal doesn't include laying off any sworn personnel - such as police officers and firefighter/paramedics.
  • Likely fallout from cookie-dough illnesses: more than 200 layoffs

    06/22/2009 8:23:23 PM PDT · by greatdefender · 47 replies · 1,908+ views
    CNN ^ | 22 June 2009
    A Nestle plant linked to an outbreak of illness has been shut temporarily, and the company said Monday that it expects to lay off more than 200 workers as a result. Preliminary results "indicate a strong association with eating raw prepackaged cookie dough," the CDC says. "It's likely that we're going to have some temporary layoffs at that facility," Nestle spokeswoman Roz O'Hearn said of the Danville, Virginia, facility that was churning out refrigerated cookie-dough products until Thursday. About 550 people work at the factory, but only about half of them work on cookie dough, she said. The rest work...
  • MySpace to lay off 30 percent of staff

    06/16/2009 2:38:21 PM PDT · by NormsRevenge · 30 replies · 1,830+ views
    Reuters on Yahoo ^ | 6/16/09 | Robert MacMillan
    NEW YORK (Reuters) – MySpace, the social network owned by Rupert Murdoch's News Corp, said it will cut 30 percent of its staff to lower costs as it struggles to stay popular in the face of rising competition. MySpace will be left with about 1,000 employees, it said in a statement released on Tuesday. The company declined to say how many people work at the service, but the percentage suggests that about 400 people will lose their jobs. The cuts, which were presaged in several blog reports in recent weeks, are the biggest move so far by new management at...
  • Mass Layoff Events Pick Up, Faciliate EPS Beats

    05/23/2009 2:21:49 AM PDT · by TigerLikesRooster · 3 replies · 306+ views
    Zero Hedge ^ | 05/22/09 | Tyler Durden
    Mass Layoff Events Pick Up, Faciliate EPS Beats Posted by Tyler Durden at 1:55 PM The Bureau Of Labor Statistics' Mass Layoff Events statistic indicates that the wholesale firing by corporations is accelerating once more again after a small respite in the January to March period. The BLS defines a Mass Layoff Event as one that occurs when an establishment has at least 50 initial unemployment compensation claims filed against it within a five-week period and the layoff lasts longer than 30 days. In other words, as the name implies, a mass layoff (and the reason for EPS to be...
  • Hewlett-Packard to cut 6,400 more jobs

    05/20/2009 9:29:00 AM PDT · by Kartographer · 39 replies · 966+ views
    bizjournals.com/Triangle Business Journal ^ | 5/20/09 | Steven E.F. Brown
    Computer and printer maker Hewlett-Packard Co. will cut 2 percent of its employees, about 6,400 people, to save money.
  • Air France-KLM reports first loss, 2,700 job cuts

    05/19/2009 5:29:40 PM PDT · by TigerLikesRooster · 4 replies · 382+ views
    AFP ^ | 05/19/09
    Air France-KLM reports first loss, 2,700 job cuts Tue May 19, 12:55 pm ET PARIS (AFP) – Air France-KLM, Europe's biggest airline, on Tuesday announced losses of 814 million euros (1.1 billion dollars) for the 2008-2009 fiscal year and said it would have to cut 2,700 jobs. The losses were the first incurred by the French-Dutch group since the 2003 merger of Air France and KLM and the airline's chief executive Pierre-Henri Gourgeon said job cuts were inevitable. Some 2,700 jobs were slashed during 2008 and 2009 and further cuts "on the same scale" were planned for the next financial...
  • Schwarzenegger to lay off 5,000 state workers

    05/14/2009 1:43:23 PM PDT · by NormsRevenge · 165 replies · 6,382+ views
    Sac Bee ^ | 5/13/09 | Kevin Yamamura
    Gov. Arnold Schwarzenegger will direct his administration to send 5,000 layoff notices to state workers Friday, according to a source familiar with the governor's budget plan. The Republican governor plans to eliminate 5,000 workers by the end of June, ..