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Layoffs

Yahoo Layoff Memo Full Text

Silicon Alley Insider | Nicholas Carlson | Posted 05.25.2011 | Business

Yahoo is going to fire at least 10 percent of its global workforce by year-end, CEO Jerry Yang told employees in a company wide memo today (1400+). ...

Poll: One-Third Of Americans Fear They May Lose Jobs

AP | TOM RAUM | Posted 05.25.2011 | Business

WASHINGTON — With little relief in sight, people are getting more anxious about the slumping economy and how it affects them. The share of peop...

Economist: Bush Administration Needs A 180 On Unemployment Policy

Economix | Alan B. Krueger | Posted 05.25.2011 | Business

Public labor exchange offices were established in the early days of the New Deal to help the unemployed find jobs. This function is now done in One-S...

If We Could "Elect" the President of the Company We Work for... Who'd Get Your Vote?

Stephen Viscusi | Posted 05.25.2011 | Business
Stephen Viscusi

A lot of jobs, including the President of the United States, tend to be on autopilot.

Slipping Backwards: The Loss of Two Journalists of Color at the Chicago Sun-Times Reflects the Growing Whitewashing of the News

Daniel Sinker | Posted 05.25.2011 | Media
Daniel Sinker

All the gumshoe reporters, "sticking up for the little guy" newspaper cliches apply: That was the Sun-Times.

Barclays To Cut 3,000 Jobs After Lehman Deal

Fortune | Barney Gimbel and Peter Gumbel | Posted 05.25.2011 | Business

LONDON (Fortune) -- Barclays PLC will cut about 3,000 jobs in the aftermath of its purchase of bankrupt Lehman Brothers' North American investment ban...

eBay To Cut 1,000 Jobs

AP | RACHEL METZ | Posted 05.25.2011 | Business

NEW YORK — After a series of changes designed to draw more people to its online marketplace, eBay Inc.'s latest alteration is aimed at its own e...

Economy sheds most jobs since 2003, more cuts seen

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep stacking higher in the months ahead, ...

When Tough Times Weigh On The Kids

Wall Street Journal | Sue Shellenbarger | Posted 05.25.2011 | Business

At a little under three years of age, Bailey Haag can't understand the turmoil on Wall Street. But last week, the little girl's brow furrowed and her ...

Lehman Layoffs: Will They Include George Herbert Walker IV?

Radar | Posted 05.25.2011 | Business

Radar caught a new angle in the financial crisis -- after Barclay's buys up parts of Lehman Brothers, there will likely be layoffs. But will they incl...

Ford To Cut 4,200 Blue-Collar Employees, Report

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — Ford Motor Co. has said that it wants to cut its blue-collar work force by another 4,200 employees, according to a person briefed on a...

Layoffs Turn People Into Hermits

LiveScience.com | Jeanna Bryner | Posted 05.25.2011 | Business

Layoffs can turn social butterflies into near hermits who shun such outlets as book clubs and even church groups, finds a new study. Workers who expe...

Shrinking U.S. Demand Spurs Layoffs At Japanese Toyota Plant

AP | YURI KAGEYAMA | Posted 05.25.2011 | Business

TOKYO — Japanese automaker Toyota has laid off 800 people at a plant in southwestern Japan, or about 10 percent of the plant's work force, in re...

Planned Layoffs Rise In July

Reuters | Posted 05.25.2011 | Business

NEW YORK (Reuters) - Planned layoffs at U.S. companies jumped 26 percent in July from June, depicting further deterioration in the labor market, a rep...

Jobless rate rises to 4-year high of 5.7 percent

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Stores, factories and other businesses large and small showed workers the door last month, sending unemployment to its highest rate...

Hidden Toll Of Downturn: Millions Of Full-Time Jobs Cut To Part-Time

New York Times | Peter S. Goodman | Posted 05.25.2011 | Business

The number of Americans who have seen their full-time jobs chopped to part time because of weak business has swelled to more than 3.7 million -- the l...

GM To Cut 5,000 Salaried Jobs

Wall Street Journal | Sharon Terlep | Posted 05.25.2011 | Business

DETROIT -- General Motors Corp. is looking to cut its U.S. salaried headcount by 15%, or around 5,000 workers, by Nov. 1 as part of a plan to trim $10...

CEO, Chairman Of Alcatel-Lucent Step Down: That Makes 16,502 Jobs

AP | GREG KELLER | Posted 05.25.2011 | Business

PARIS — Both the chairman and chief executive of French telecommunications giant Alcatel-Lucent will resign later this year, the company said Tu...

Divorce is Up, Personal Trainers Down

Vicky Ward | Posted 05.25.2011 | Business
Vicky Ward

People in every sector fear they could be laid off at any second. Divorce rates are up; personal trainers are losing their clients. No one has the time or inclination to work out. The toll is unguessable.

Ladies Who Launch: Lay-Off Could Mean Free-Lance

Amy Swift | Posted 11.17.2011 | Healthy Living
Amy Swift

Women are leaving corporate America in droves. Some of them are forced to go and others just can't stand it anymore. With the right planning and mindset, it might be the best thing you ever do.

Recession-Proof Jobs

BusinessWeek | Albert Sun | Posted 05.25.2011 | Business

These are tough times for job seekers. The U.S. unemployment rate held steady in June at 5.5%, the highest rate since October 2004. The outlook is esp...

GM Job Cuts Likely Coming Soon

Reuters | Posted 05.25.2011 | Business

(Reuters) - No. 1 U.S. automaker General Motors is planning to cut thousands of white-collar jobs and is considering whether it should sell or stop pr...

The Hidden Costs Of Layoffs

BNET | Carlos Bergfeld | Posted 05.25.2011 | Business

While layoffs may seem like a good way to cut costs in the short-term, the direct and indirect costs of downsizing can paralyze your company's long-te...

How To Make A Layoff Less Awkward

The New York Times | Jan Hoffman | Posted 11.17.2011 | Healthy Living

As the economy blasts away at white-collar workers as well as blue-collar ones, the newly jobless are learning an ungainly new language: How to spin t...

Morgan Stanley Plans To Cut 1,500 More Workers

CNBC | Charlie Gasparino | Posted 05.25.2011 | Business

Morgan Stanley is planning another round of layoffs in the coming days, finalizing a plan to slash another 5 percent from its securities-firm workforc...