Keyword: layoffs

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  • The only winner of the GM bailout was Obama 2012: GM Should Have Been Allowed to go Bankrupt

    11/30/2018 6:44:38 AM PST · by SeekAndFind · 40 replies
    American Thinker ^ | 11/30/2018 | Silvio Canto Jr.
    Back in 2012, the Obama reelection team reminded us that they got Osama bin Laden an d saved GM.  It probably gave Obama Ohio at less than 200,000 votes out of 5 plus million cast.  It did not hurt in Michigan.  It certainly energized the unions to cast ballots for the man who "saved" their jobs. Yes, they got Osama bin Laden.  But they didn't really save GM or do the workers any favor on a long-term basis. Looking back, the GM bailout was a partisan band aid.  I like what Kevin D. Williamson wrote about this:      What did U.S....
  • Trump threatens to end subsidies to GM for electric cars over layoffs

    11/27/2018 3:32:57 PM PST · by TBP · 71 replies
    The Blaze ^ | November 27, 2018 | Mike Ciandella
    President Donald Trump threatened on Twitter to end government subsidies for General Motors in retaliation for layoffs the company announced Monday. What layoffs? General Motors announced that it would be laying off 14,700 workers, including 6,000 factory workers, and closing down four plants in the United States and one in Canada. While GM, and other car companies, have spoken out against rising production costs caused by the Trump administrations protectionist tariffs, a spokeswoman for the company told TheBlaze that the layoffs and plant closures are being made as part of our ongoing transformation and are not related to recent trade...
  • GM to slash up to 14,000 jobs in North America

    11/26/2018 9:14:44 AM PST · by Coronal · 38 replies
    AP News ^ | November 26, 2018 | Tom Krisher and Rob Gillies
    DETROIT (AP) General Motors will lay off up to 14,000 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off. Some U.S. factory workers could transfer to truck or SUV factories that are increasing production.
  • U.S. Verizon Workers Say Mass Layoffs Coming: Peoples Lives Severely Impacted

    10/23/2018 9:54:43 AM PDT · by WorkInAmerica · 30 replies
    Breitbart ^ | October 2, 2018 | John Binder
    American Verizon workers say mass layoffs are coming as soon as next week in exclusive statements to Breitbart News. Essentially, the deal for the 44,000 workers forces them to resign and take the severance or stay on at the corporation until they are eventually laid off and not eligible to receive the hefty severance package. As Breitbart News reported, Verizon has announced that it will outsource its IT department to Infosys, one of the biggest multi-billion dollar outsourcing firms in the U.S. that has been accused of undercutting American workers and discriminating against black and white Americans in favor of...
  • 'Mutiny' at UNRWA

    08/08/2018 10:22:54 AM PDT · by Eleutheria5 · 26 replies
    Arutz Sheva ^ | 8/8/18
    Workers have seized partial control of the headquarters of the UN agency for Palestinian Arab refugees and their descendants in Hamas-run Gaza, its head said Wednesday, accusing their union of "mutiny" over job cuts. The United Nations Relief and Works Agency (UNRWA) announced last month more than 250 staff in Gaza and Judea and Samaria would lose their jobs, after a $300 million cut in annual funding from the United States. The redundancies have prompted daily protests by the agency's labour union in the enclave, which UNRWA's Gaza head said have led to security concerns. "They have taken over the...
  • ****ING COMMIE! Andrew Cuomos response to NY Daily News layoffs is MESSED UP

    07/23/2018 2:21:45 PM PDT · by Red Badger · 69 replies
    twitchy.com ^ | Posted at 12:39 pm on July 23, 2018 | by Sarah D.
    In case you missed it, the New York Daily News’ editorial staff is being reduced about 50 percent as part of parent company Tronc’s move to “fundamentally [restructure]” the tabloid paper, “re-focusing much of our talent on breaking news — especially in areas of crime, civil justice and public responsibility”: The grim news officially arrives at the New York Daily News, where staffers were just informed that Tronc is reducing the "size of the editorial team by approximately 50 percent and re-focusing much of our talent on breaking news." — Tom Kludt (@TomKludt) July 23, 2018 Here's my story on...
  • Trump Has Cut Federal Payroll by 24,000 Jobs

    06/01/2018 8:35:10 AM PDT · by ransomnote · 26 replies
    cnsnews.com ^ | June 1, 2018 | Terence P. Jeffrey
    CNSNews.com) - The federal government cut 3,000 jobs in May and federal employment has now dropped by 24,000 since President Donald Trump took office, according to data released today by the Bureau of Labor Statistics. Even as federal government jobs were declining, overall employment was increasingas was employment in state and local government. In April, there were 2,789,000 people employed in civilian federal government jobs. In May, that declined to 2,786,000, a drop of 3,000
  • Trump guts union perks, speeds up civil service firings to save $100 million a year

    05/25/2018 1:39:19 PM PDT · by deplorableindc · 132 replies
    Washington Examiner ^ | May 25, 2018
    President Trump signed three executive orders Friday containing sweeping reforms that weaken protections for federal workers and eliminate perks for the unions that represent them. Under the new executive orders, unions will be charged rent for federal office space and will not be reimbursed for travel expenses or for hours spent appealing worker firings. All federal workers will be ordered to spend 75 percent of their time on government work, and agencies are ordered to publicly post union contracts in an online repository.
  • Cutting Old Heads at IBM [illegally replaces aged with foreigners]

    04/01/2018 8:41:46 AM PDT · by catnipman · 85 replies
    ProPublica ^ | 3/22/2018 | Peter Gosselin and Ariana Tobin
    It slashed IBMs U.S. workforce by as much as three-quarters from its 1980s peak, replacing a substantial share with younger, less-experienced and lower-paid workers and sending many positions overseas. ProPublica estimates that in the past five years alone, IBM has eliminated more than 20,000 American employees ages 40 and over, about 60 percent of its estimated total U.S. job cuts during those years. In making these cuts, IBM has flouted or outflanked U.S. laws and regulations intended to protect later-career workers from age discrimination, according to a ProPublica review of internal company documents, legal filings and public records, as well...
  • Report: Harley-Davidson Laying Off Hundreds of American Workers, Sending Jobs to Thailand

    05/15/2018 5:52:21 AM PDT · by ChicagoConservative27 · 27 replies
    brietbart ^ | 05/14/2018 | John Binder
    Harley-Davidson, the iconic American motorcycle company, is set to lay off hundreds of American workers at its Kansas City, Missouri factory while creating jobs in Thailand. After laying off nearly 200 American manufacturing workers last year, as Breitbart News reported, Harley-Davidson is expected to fully close its Kansas City manufacturing facility, leaving 800 workers out of work. Harley-Davidson executives say about 400 jobs will be sent to the corporations York, Pennsylvania manufacturing plant, but union workers allege their jobs are being sent overseas to Thailand. In remarks to USA Today, a manufacturing worker whos been at Harley-Davidson for more than...
  • Report: Harley-Davidson Laying Off Hundreds of American Workers, Sending Jobs to Thailand

    05/15/2018 5:52:48 AM PDT · by servo1969 · 49 replies
    Breitbart ^ | 5-14-2018 | JOHN BINDER
    Harley-Davidson, the iconic American motorcycle company, is set to lay off hundreds of American workers at its Kansas City, Missouri factory while creating jobs in Thailand. After laying off nearly 200 American manufacturing workers last year, as Breitbart News reported, Harley-Davidson is expected to fully close its Kansas City manufacturing facility, leaving 800 workers out of work. Harley-Davidson executives say about 400 jobs will be sent to the corporations York, Pennsylvania manufacturing plant, but union workers allege their jobs are being sent overseas to Thailand. In remarks to USA Today, a manufacturing worker whos been at Harley-Davidson for more than...
  • The Salt Lake Tribune facing layoffs, cuts to print offerings

    05/08/2018 1:19:03 PM PDT · by LiberalismDestroys · 7 replies
    Salt Lake Tribune ^ | 5/8/2018 | Tony Semerad
    The owner Salt Lake Tribune has ordered staff cuts and a review of shrinking its print edition in light of continued losses in circulation and advertising revenues.
  • Deutsche Bank fired 300 U.S.-based investment bankers on Wednesday

    04/26/2018 10:39:37 AM PDT · by SeekAndFind · 11 replies
    Reuters ^ | 04/25/2018
    FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) fired 300 U.S.-based investment bankers on Wednesday as part of a broader overhaul of the global unit, a person with knowledge of the matter said on Thursday. The bank will lay off another 100 U.S. bankers by the end of the week, said the person, who was speaking on condition of anonymity. The Financial Times was the first to report the development. Separately, German newspaper Frankfurter Allgemeine Zeitung said Deutsche Bank planned to cut more than 1,000 jobs in the United States. The bank declined to comment on the figure.
  • Tampa Bay Times to slash dozens of jobs

    04/18/2018 7:32:54 PM PDT · by ameribbean expat · 34 replies
    The Tampa Bay Times is cutting "approximately" 50 jobs after new tariffs sent the price of newsprint skyrocketing. Paul Tash, the newspaper's chairman and CEO, had warned of the potential for job cuts in a March 23 column, writing that the new tariffs could add more than $3 million to the Times' newsprint bill.
  • Nolte: Disgraced Media Already Hit with Massive Layoffs in 2018

    03/17/2018 3:38:05 PM PDT · by MarvinStinson · 41 replies
    breitbart ^ | 16 Mar 2018 | JOHN NOLTE```
    When President Trumps presidency is over, one of the biggest pieces of fake news we will look back on is when we were told by the media that Trump was good for the media business. The truth is that business for the media is horrible. The Denver Post announced that between April 9 and July 1, 30 jobs will be cut from its newsroom--a massive 30 percent cut of its current staff of 100 journalists. Just 10 years ago the Denver Post employed 600 journalists--close to a 90 percent reduction in only a decade. Layoffs hit the Chicago Tribune. Fourteen...
  • Amazon laying off hundreds of corporate employees in rare cutback

    02/12/2018 9:36:13 AM PST · by SeekAndFind · 26 replies
    Seattle Times ^ | 02/12/2018 | Matt Day
    Amazon is laying off hundreds of corporate employees, a rare cutback for a company that has spent most of the last few years in a frantic growth spurt. The layoffs, underway now, will fall on several hundred employees at the online retailers Seattle headquarters, along with hundreds more elsewhere in Amazons global operations, one person familiar with the cuts said. The layoffs are primarily focused on Amazons consumer retail businesses, according to two people familiar with the matter. A few hundred layoffs are modest for a company that is now the second-largest U.S.-based corporate employer, and pales in comparison to...
  • Trump Administration Proposes Slashing Jobs

    01/30/2018 4:38:58 PM PST · by mdittmar · 32 replies
    The American Federation of Government Employees (AFGE) ^ | January 30, 2018 | The American Federation of Government Employees (AFGE)
    FOR IMMEDIATE RELEASE January 30,2018WASHINGTON Defying staffing mandates and the need for increased hiring to safeguard prisons, this week the Bureau of Prisons (BOP) made public it is initiating a process of eliminating jobs within the agency. The mandate will slash roughly 14 percent of positions from correctional facilities. The proposed cuts are coming at a time of severe understaffing in most of its prisons. BOP has left thousands of authorized correctional workers positions vacant all year,endangering inmates in its custody, control,and care. President Trump came into office preaching about the need for a safer America, but instead he is...
  • Walmart plans to cut more than 1,000 corporate jobs

    01/15/2018 9:59:49 PM PST · by CutePuppy · 34 replies
    Fox Business / WSJ ^ | 2018 January 12 | Dow Jones Newswires
    A day after promising to give its store workers raises and bonuses, Wal-Mart Stores Inc. (NYSE:WMT) is preparing to hand out pink slips at its headquarters. The giant retailer, which is based in Bentonville, Ark., and employs more than 1.5 million people in the U.S., plans to cut more than 1,000 corporate jobs ..... < snip > ..... The job cuts are expected to be broad based, focused on workers primarily at the company's headquarters ..... < snip >
  • Sam's Club closes hundreds of stores nationwide [260]

    01/11/2018 11:39:01 AM PST · by Red Badger · 99 replies
    CBS ^ | 01/11/2018 | Staff
    Walmart (WMT) is closing hundreds of Sam's Club stores nationwide, according to numerous media reports. Jessica Buckner, an audit team lead at a Sam's Club location in Anchorage, told local TV station KTVA that all Alaska stores are closing as part of a larger downsizing across the U.S. "From what I heard, there's over 260 stores that have been closed down," she said. The wholesale clubs' official closure date is Jan. 26, Buckner said. The closures also affect stores in New Jersey, upstate New York, Georgia, Illinois, Indiana, Ohio, Louisiana, North Carolina, Tennessee and Texas. In some locations, per social...
  • Walmart is abruptly closing several Sam's Club stores and laying off thousands [100+ stores?]

    01/11/2018 10:19:52 AM PST · by GIdget2004 · 151 replies
    Business Insider ^ | 01/11/2018 | Hayley Peterson
    Walmart is suddenly closing several Sam's Club stores across the US. Closures were reported by local media in Texas, New York, New Jersey, Indiana, Arizona, Alaska, and elsewhere. In some cases, employees were not informed of the closures prior to showing up to work on Thursday. Instead, they learned that their store would be closing when they found the store's doors locked and a notice announcing the closure, according to reports. Walmart and Sam's Club did not immediately respond to a request for comment. Sam's Club offered an explanation on Twitter, however, saying, "After a thorough review of our existing...