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Job Layoffs

A collection of news and information related to Job Layoffs published by this site and its partners.

Top Job Layoffs Articles

Displaying items 12-22
  • Kmart in Winter Springs closes, lays off 69

    Kmart in Winter Springs closes, lays off 69
    Kmart is closing its Winter Springs store, 1425 Tuskawilla Road, and laying off 69 employees. Company spokesman Howard Riefs said in an email the store would remain open through the Christmas holiday, and close in mid-January. A liquidation sale will...
  • Turner Broadcasting Ends a Tough Week of Write-Downs, Layoffs and Exec Uncertainty

    The big news from HBO at Time Warner's investor meeting Wednesday overshadowed another surprise announcement that Turner Broadcasting would take a $400 million write-down on programming expenditures. Turner execs didn't elaborate on the specific shows...
  • Warner Bros. unveils a slate of superhero films after poor summer

    Warner Bros. unveils a slate of superhero films after poor summer
    Warner Bros. has unveiled a slate of superhero films that the big Hollywood studio believes will help drive profit after it suffered through an uncharacteristically poor summer. The studio plans to release 10 films from its DC Entertainment imprint,...
  • Florida unemployment rate falls to 6.1 percent

    Florida unemployment rate falls to 6.1 percent
    TALLAHASSEE — Florida's unemployment rate for September fell to 6.1 percent, a drop of 0.2 percentage points from August and the lowest it has been since June 2008, state officials said Friday. Florida's drop mirrors the federal dip in...
  • U.S. chipmaker AMD cuts workforce, gives weak revenue forecast

    U.S. chipmaker AMD cuts workforce, gives weak revenue forecast
    SAN FRANCISCO (Reuters) - Struggling U.S. chipmaker Advanced Micro Devices Inc said on Thursday it was cutting 7 percent of its workforce and it gave a lower-than-expected revenue forecast for the current quarter, sending its shares lower. The company's...
  • AbbVie says tax rule changes scuttled deal for Shire

     AbbVie says tax rule changes scuttled deal for Shire
    AbbVie is blaming the Obama administration for pulling the plug on its $55 billion proposed acquisition of Irish drugmaker Shire, asserting that the largest corporate deal of the year no longer made economic sense under new federal tax regulations. Late...
  • Warner Bros. to cut costs, shed jobs

    Warner Bros. to cut costs, shed jobs
    Warner Bros.' film and television studio, which had an uncharacteristically poor summer at the box office, will cut its annual overheard by $200 million, Chief Executive Kevin Tsujihara said Wednesday at a Time Warner investors meeting in New York....
  • CNN Cancels 'Crossfire,' Other Shows in Wake of Turner Cuts

    CNN has quietly cancelled "Crossfire," "Unguarded With Rachel Nichols," "Sanjay Gupta, M.D." and "CNN Money" in the wake of cost-cutting by parent company Turner Broadcasting, according to people familiar with the situation. Turner announced last week...
  • Virginia budget woes mean layoffs for up to 565 employees

    Virginia budget woes mean layoffs for up to 565 employees
    The state will lay off as many as 565 employees, mostly in the Department of Corrections, to balance its budget in the wake of lower-than-anticipated revenues, Gov. Terry McAuliffe said Wednesday. Roughly 90 percent of the layoffs will come from the...
  • Amid drought, mayor directs L.A. to cut water use 20% by 2017

    Amid drought, mayor directs L.A. to cut water use 20% by 2017
    Los Angeles Mayor Eric Garcetti issued an executive directive on Tuesday requiring Los Angeles to reduce its fresh water use 20% by 2017 as a response to the prolonged drought. Garcetti also asked L.A. departments to dramatically cut the amount of water...
  • Siemens to cut jobs at German energy ops: German radio

    MUNICH (Reuters) - Engineering group Siemens is cutting 1,200 jobs at its German energy business on weak demand for power plant equipment and maintenance, radio station Bayerischer Rundfunk reported on Wednesday, citing company sources. Siemens confirmed...