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Job Layoffs

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  • Employment in California's oil towns suffers as prices plunge

    Employment in California's oil towns suffers as prices plunge
    Many Californians cheer the rapid fall of gasoline prices.
  • Citrix plans 900 layoffs

    Citrix plans 900 layoffs
    Citrix Systems plans 900 layoffs after seeing lower income last year, but the maker of "work anywhere" software increased revenue 8 percent in 2014, the company announced Wednesday. About 700 full-time and 200 contractor positions are expected to be...

    IBM says magazine report predicting 100,000 layoffs is 'ridiculous,' 'baseless'

    Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people. The company "flatly denies" the Forbes report, IBM spokesman Ian Colley said in a phone...

    Who wins in the City National bank sale

    Royal Bank of Canada's purchase of City National Corp., the priciest bank deal since the financial crisis, will create major expansion opportunities for the L.A. banking firm's key businesses — wealth management, entertainment services, private...

    Hogan plan would cut budgets for years to come

    Beyond spending cuts for next year, Gov. Larry Hogan is asking the General Assembly for an array of permanent, long-term budget reductions — for public schools, private colleges, libraries and economic development aid for farmers. The sweeping...