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Layoffs and Downsizing

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

Top Layoffs and Downsizing Articles

Displaying items 78-88
  • Bloomberg downsizes arts coverage, lays off stage critic

    Bloomberg, the New York-based financial news giant, is shutting down its Muse brand of cultural journalism and has laid off its theater critic. The shake-up was part of a company-wide reorganization that came down on Monday and resulted in layoffs...
  • The big merger: Business wins; consumers lose

    The big merger: Business wins; consumers lose
    Last week, the U.S. Department of Justice essentially caved on its attempt to block the merger between American Airlines and US Airways. It extracted a few face-saving concessions, declared victory and then folded its tent. The merger will now almost...
  • Lockheed avoids the worst of layoffs

    Lockheed avoids  the worst of layoffs
    Lockheed Martin Corp. unleashed another downsizing last week aimed at eliminating 4,000 jobs nationwide – a move that appears to hit nearly every sector of the company except its Missiles and Fire Control unit in Orlando. Half of the layoffs...
  • Pixar undergoes layoffs due to 'The Good Dinosaur' delay

    Pixar Animation Studios has laid off an undisclosed number of people at its Emeryville, Calif., headquarters due to the delay of its forthcoming film "The Good Dinosaur." The layoffs affect less than 5% of the company's 1,200-person workforce, according...
  • Bulls' Rose woes more than latest injury

    Nobody with the Bulls can say whether Derrick Rose will miss closer to one month or six months with a torn medial meniscus in his right knee. Yet Chicago embraced that Saturday as the good news. Rose returned home from the West Coast to undergo...
  • Labor Department says Maryland lost 8,900 jobs in September, October

    Labor Department says Maryland lost 8,900 jobs in September, October
    Maryland employers cut 8,900 jobs in September and October, almost entirely before the partial federal shutdown, according to data released Friday. The U.S. Department of Labor, which released both months at once as a result of shutdown delays, said the...
  • Obama visits DreamWorks, calls Hollywood a 'bright spot' of economy

     Obama visits DreamWorks, calls Hollywood a 'bright spot' of economy
    President Barack Obama put the klieg light on Hollywood on Tuesday, calling the motion picture and television industry an engine of growth and a beacon in a recovering economy. "Entertainment is one of the bright spots of our economy," Obama told a...
  • Layoffs easing: Initial unemployment claims drop to 316,000

    Layoffs easing: Initial unemployment claims drop to 316,000
    Layoffs appear to be easing as the number of people who filed for unemployment claims last week dropped by 10,000 to 316,000, the U.S. Labor Department reported Wednesday.  The number of initial unemployment claims has decreased in six of the last seven...
  • Sun-Times may rehire some photographers under new union contract

    Sun-Times may rehire some photographers under new union contract
    Sun-Times Media Group, publisher of the Chicago Sun-Times, has reached a tentative agreement with the Chicago Newspaper Guild on a new three-year contract, ending 15 months of negotiations. The deal, announced Monday, includes new benefits for nearly...
  • Union will ask Assembly to restore seniority rights

    Union will ask Assembly to restore seniority rights
    Maryland's largest state workers union will ask the General Assembly to undo a Court of Appeals ruling that would erode traditional seniority protections for thousands of public employees. The state's highest court held last week that when jobs reopen...
  • Hakeem Baxter not playing like a freshman for UMES men's basketball

    Hakeem Baxter not playing like a freshman for UMES men's basketball
    Hakeem Baxter is the leading scorer for the UMES men’s basketball team. That might not qualify as a revelation, until you learn that Baxter is a freshman. The 6-foot-2, 170-pound guard is averaging 17.2 points per game, is tied for second on the...