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Layoffs and Downsizing

Layoffs and downsizing both refer to reductions that companies make in staff.  Show more »
Layoffs and downsizing both refer to reductions that companies make in staff.  « Show less

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    May 23, 2013 |Story| Los Angeles Times
  1. Elections deal a blow to L.A. unions

    Some of the most powerful labor organizations in Los Angeles placed huge bets on mayoral candidate Wendy Greuel that went bust. All their spending and prodigious organization failed to ignite Greuel's campaign and allowed her opponent, Eric Garcetti, to turn the deep pockets against them, persuading many voters that they were trying to buy the election.
    Some of the most powerful labor organizations in Los Angeles placed huge bets on mayoral candidate Wendy Greuel that went bust. All their spending and prodigious organization failed to ignite Greuel's campaign and allowed her opponent, Eric Garcetti, to...

    Tags: Eric Garcetti, Government, Economy, Business and Finance, Public Employees, Unemployment

  2. May 23, 2013 |Story| KWCH
  3. Cessna not releasing number of layoffs

    Planemaker Cessna says it has started implementing a plan to cut back its workforce.
    KWCH 12 Eyewitness News
    Planemaker Cessna says it has started implementing a plan to cut back its workforce. Last month, the company announced it would offer early retirement to 180 workers and proceed with layoffs for others based on performance and other factors. The company...

    Tags: Unemployment, Job Layoffs

  4. May 23, 2013 |Story| Reuters
  5. Australia coal firms dig in for years of mine closures, job cuts

    Reuters
    * Coal producers face too much supply through 2020 * Will be forced to make deeper cuts, shed more mines * Big firms best placed to weather downturn * Junior miners struggle to get funding By Rebekah Kebede PERTH, May 24 (Reuters) - Australian coal...

    Tags: Sumitomo Corporation, BHP Billiton Plc., Unemployment, China, Rentals

  6. May 23, 2013 |Story| Hartford Courant
  7. Hartford Mayor Rejects Council's Budget Cuts

    The Hartford Courant
    Mayor Pedro Segarra on Thursday rejected more than half the cuts made to his proposed $543.9 million budget by the city council, opting for an additional $3.9 million in reductions instead of the $8.6 million approved by the council. Segarra vetoed a...

    Tags: Pedro E. Segarra, Larry Deutsch, Government Debt, Career and Workplace, Unemployment

  8. May 23, 2013 |Story| Los Angeles Times
  9. Retail roundup: J.C. Penney loan, Abercrombie apology, Mattel layoffs

    The week before the Memorial Day holiday has been a busy one for retailers. Here's a sampling of happenings from Mattel, J.C. Penney and Abercrombie & Fitch.
    The week before the Memorial Day holiday has been a busy one for retailers. Here's a sampling of happenings from Mattel, J.C. Penney and Abercrombie & Fitch. Mattel: As the El Segundo-based toymaker adapts to its newly created North America division, it...

    Tags: Economy, Business and Finance, JC Penney Company Inc., Target, New York City, Companies and Corporations

  10. May 23, 2013 |Story| Los Angeles Times
  11. Eric Garcetti's winning strategy took Wendy Greuel strongholds

    <span>Eric Garcetti defeated Wendy Greuel in the Los Angeles mayor's race despite Greuel&rsquo;s overwhelming support in heavily African American neighborhoods.</span>
    Eric Garcetti defeated Wendy Greuel in the Los Angeles mayor's race despite Greuel’s overwhelming support in heavily African American neighborhoods. The city controller's strength among black voters in South L.A. was too little to make up for...

    Tags: Eric Garcetti, Politics, Parties and Movements, Local Elections, Kevin James

  12. May 23, 2013 |Story| Chicago Tribune
  13. CPS approves largest school closure in Chicago's history

    Months of argument and anguish over Mayor Rahm Emanuel's push for sweeping school closings came to a climax Wednesday as his hand-picked Board of Education voted to shut 49 elementary schools and transfer thousands of children to new classroom settings.
    Tribune reporters
    Months of argument and anguish over Mayor Rahm Emanuel's push for sweeping school closings came to a climax Wednesday as his hand-picked Board of Education voted to shut 49 elementary schools and transfer thousands of children to new classroom settings....

    Tags: Richard M. Daley, Mahalia Jackson, University of Chicago, Francis Scott Key, Family

  14. May 23, 2013 |Story| Chicago Tribune
  15. CPS OKs massive closings

    Months of argument and anguish over Mayor Rahm Emanuel's push for sweeping school closings came to a climax Wednesday as his hand-picked Board of Education voted to shut 49 elementary schools and transfer thousands of children to new classroom settings.
    Months of argument and anguish over Mayor Rahm Emanuel's push for sweeping school closings came to a climax Wednesday as his hand-picked Board of Education voted to shut 49 elementary schools and transfer thousands of children to new classroom settings....

    Tags: Chicago Mayor, Richard M. Daley, Mahalia Jackson, Teaching and Learning, Francis Scott Key

  16. May 22, 2013 |Story| Los Angeles Times
  17. Eric Garcetti faces tough tests when he takes office as mayor

    In the campaign for mayor, Eric Garcetti spoke grandly about a city with plentiful summer jobs for low-income teens, a tunnel under the traffic-clogged Sepulveda Pass and even an end to homelessness.
    In the campaign for mayor, Eric Garcetti spoke grandly about a city with plentiful summer jobs for low-income teens, a tunnel under the traffic-clogged Sepulveda Pass and even an end to homelessness. But a day after winning office, the mayor-elect faced...

    Tags: Eric Garcetti, Economy, Business and Finance, Government, Antonio Villaraigosa, Los Angeles International Airport

  18. May 22, 2013 |Story| Reuters
  19. Obama nominee vows to work with Congress to fund transportation

    Reuters
    WASHINGTON (Reuters) - President Barack Obama's choice to be transportation secretary promised on Wednesday to work with Congress to figure out how to fund U.S. transportation needs during a time of tight budgets and faced lingering Republican anger...

    Tags: Government, National Government, Ray LaHood, U.S. Congress, John D. Rockefeller IV

  20. May 22, 2013 |Story| Baltimore Sun
  21. St. Mary's graduate Dominic Lamolinara anchoring Syracuse's run to Final Four

    Dominic Lamolinara&rsquo;s journey from Arnold to Philadelphia &ndash; the site of this weekend&rsquo;s Final Four at Lincoln Financial Field &ndash; has gone a circuitous route, graduating from St. Mary&rsquo;s to spending one year at Maryland to transferring to Syracuse to emerging as the Orange&rsquo;s starting goalkeeper.
    Dominic Lamolinara’s journey from Arnold to Philadelphia – the site of this weekend’s Final Four at Lincoln Financial Field – has gone a circuitous route, graduating from St. Mary’s to spending one year at Maryland to...

    Tags: NCAA Men's Division I Basketball Tournament, Syracuse Orange, College Sports, Lincoln Financial Field

  22. May 22, 2013 |Story| Reuters
  23. SocGen moves to fire Rosbank CEO after arrest

    Reuters
    PARIS (Reuters) - Societe Generale said on Wednesday that it was moving to dismiss its top Russian executive days after his shock arrest on bribery charges. The decision by Russian subsidiary Rosbank's board to fire its head, Vladimir Golubkov, after his...

    Tags: Finance, Economy, Business and Finance, Paris (France), Career and Workplace, Police Arrests

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