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Layoffs

$14 billion auto bailout dies in Senate

AP | JULIE HIRSCHFELD DAVIS and KEN THOMAS | Posted 05.25.2011 | Business

WASHINGTON — A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to...

Dear Too Big To Fail

Robyn Blumner | Posted 05.25.2011 | Business
Robyn Blumner

If I had turned an ungodly profit by putting my seal of approval on investments that turned out to be garbage, I'd be deeply worried about personal liability and jail.

White-Collar Unemployment Spreading, Study Finds

nytimes.com | Patrick McGeehan | Posted 05.25.2011 | Business

Well-paid professionals like lawyers and architects are joining the rapidly expanding unemployment rolls in New York City, according to a new unemploy...

Viacom to Employees: Happy Holidays and Go Screw Yourselves

Allison Kilkenny | Posted 05.25.2011 | Media
Allison Kilkenny

Late paychecks are always a drag, but they're especially inconvenient during the holidays. A delayed payment of a week may mess up one's checkbook, bu...

Yahoo Layoffs Expected To Be Announced Today

AP | Posted 05.25.2011 | Business

ahoo Inc. is expected to begin handing out pink slips Wednesday to about 1,500 workers who are losing their jobs as the Internet company tries to boos...

Office Depot Job Cuts, Store Closings

AP | ASHLEY M. HEHER | Posted 05.25.2011 | Business

CHICAGO — Office Depot Inc. will close about 9 percent of its North American stores and cut 2,200 jobs over the next three months while planning...

Republic Workers and the 60th Anniversary of the Universal Declaration of Human Rights

Sarah van Gelder | Posted 05.25.2011 | Business
Sarah van Gelder

The factory sit-in could launch an economic human rights movement that takes off where Rev. Martin Luther King, Jr. left off when he was assassinated supporting striking sanitation workers.

How To Turn A Layoff Into Lemonade

newsweek.com | Gwen Moran | Posted 11.17.2011 | Healthy Living

For a few years, Christine Marchuska was living the high life. After graduating from Cornell University in 2002, she worked as a day trader and eventu...

Sony Cutting 8,000 Jobs Amid Global Downturn

AP | YURI KAGEYAMA | Posted 05.25.2011 | Business

TOKYO — Sony Corp. is slashing 4 percent of its worldwide work force, reining in spending and shutting plants as it tries to ride out a looming ...

Dow Chemical To Cut 5,000 Jobs, Close 20 Plants

AP | ERNEST SCHEYDER | Posted 05.25.2011 | Business

NEW YORK — Dow Chemical Co. said Monday it will slash 5,000 full-time jobs _ about 11 percent of its total work force _ close 20 plants and sell...

Is Corporate America Addicted to Layoffs?

Eve Tahmincioglu | Posted 05.25.2011 | Business
Eve Tahmincioglu

Are these corporate managers making the right moves during tough economic times, or are they shortsighted and dumb?

How to Save Books from Extinction

Danny Groner | Posted 11.17.2011 | Healthy Living
Danny Groner

Last week the publishing world was shaken by word of layoffs and reorganization inside some of the top publishing houses. While the written word is st...

Ad Industry Predicts Horrible 2009 Layoffs

NY Post | Posted 05.25.2011 | Media

After trimming jobs throughout the year, Madison Avenue is bracing for even bigger layoffs in 2009. Ad executives and recruiters expect agencies, wh...

Yahoo Layoffs: Cutting by the Numbers, and Not Making the Same Mistakes Again

Susan Mernit | Posted 05.25.2011 | Media
Susan Mernit

I'm hoping that this time Yahoo is (finally) able to apply some smarts in the human capital area. Maybe this time the huge upheavals and chaos this reduction in force will create actually leaves the best and brightest on staff.

Fiscal Crisis Yoga

Lauren Cahn | Posted 11.17.2011 | Healthy Living
Lauren Cahn

Understanding and accepting that bad things happen, that things won't always go our way, that people and events will disappoint us -- it's not pessimism. Rather, it's reality.

Congress Must Hold Hearings With CEOs Who Lay Off Workers

Lee Stranahan | Posted 05.25.2011 | Politics
Lee Stranahan

I'm tired of reading about the job layoffs daily while witnessing the lavish spending and bad decisions of incompetent CEOs, so I decided to do something about it and started a petition.

Out of Work, Over 50? Check These Tips For Getting Back to Work

Mark Miller | Posted 05.25.2011 | Business
Mark Miller

It's illegal for employers to discriminate based on age, but any older job-seeker will tell you it happens every day. Employers are always looking to shed more expensive, older workers.

"Actual Job Numbers Are Likely Somewhat Worse"

Economix | Catherine Rampell | Posted 05.25.2011 | Business

Economists in financial services and in academia responded with dismay to the November employment report, released today. Here's a roundup of some of ...

The Corporate Freshman: Anticipating the Dreaded Layoff

Alexandra Levit | Posted 11.17.2011 | Healthy Living
Alexandra Levit

Prospective employers recognize that companies are downsizing all over the place, and they will probably not hold a layoff against you. You should have no trouble landing on your feet.

Viacom Layoffs Are Here: 850 Will Be Fired

AP | RYAN NAKASHIMA | Posted 05.25.2011 | Media

LOS ANGELES — Amid an ongoing debt crisis at controlling shareholder Sumner Redstone's movie theater company, National Amusements Inc., media gi...

The Patchwork Economy, or Are You Canning Vegetables Yet?

Susan Mernit | Posted 05.25.2011 | Media
Susan Mernit

If you're not contemplating filing for unemployment benefits, thinking how it sucks to look for a job right now, or wondering "will I end up on the bread line," you're living with, related to, or close to someone in this situation.

Diller To Profitable Companies: Lay Off The Layoffs

Reuters | Ben Klayman | Posted 05.25.2011 | Business

IAC Chief Executive Barry Diller took several groups to task at the Reuters Media Summit, but he reserved special disgust for CEOs at profitable compa...

Goldman Sachs Thinks US Lost 400,000 Jobs In November

247wallst.com | Douglas A. McIntyre | Posted 05.25.2011 | Business

The other more frightening bit of information is that Goldman Sachs believes that the nation lost 400,000 jobs last month. Most economists have that n...

Miles to Go: CNN Fires Technology Unit, Keeps Ridiculous Technology

Chez Pazienza | Posted 05.25.2011 | Media
Chez Pazienza

You'd be hard-pressed to find anyone who's been screwed as thoroughly and with as much sheer audacity by CNN over the past few years as Miles O'Brien.

10 Tips For Negotiating A Big, Fat Severance Deal

Silicon Alley Insider | Nicholas Carlson | Posted 05.25.2011 | Business

Today, 850 at Viacom, 500 at NBC Universal and another 12,000 AT&T found out they will lose their jobs in layoffs.We hope not, but if you're in a medi...