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Handling Pay Cuts: The Reality of Our Time

Donna Flagg | Posted 11.06.2012 | Business
Donna Flagg

Yes, it is a lot to ask employees to welcome a decrease in pay, but there are ways to present it as an initiative vital to the health and future of everyone involved.

Matt Sledge

In Weak Economy, Should Companies Hire? | Matt Sledge | Posted 08.28.2012 | Business

NEW YORK -- The Bureau of Labor Statistics last week announced that 12.9 million workers were laid off from January 2009 to December 2011. For many co...

Afraid Of Being Laid Off? Here's Help

The Post Standard | Richard O'Neill, Ph.D | Posted 08.16.2012 | Healthy Living

Dr. O'Neill: I lead a division of a company that has been hit hard by the economy. Other divisions have instituted layoffs, and our overall business p...

Arthur Delaney

Laid Off Times-Picayune Vets Reinvent Themselves | Arthur Delaney | Posted 08.10.2012 | Business

Two journalists fired by the New Orleans Times-Picayune have a plan to escape a struggling industry and the unemployment into which it is dumping them...

Patrick Svitek

White House Budget Chief: Don't Send WARN Act Layoff Notices Before 'Fiscal Cliff' | Patrick Svitek | Posted 08.01.2012 | Politics

The latest chapter in budget cut politics opened Wednesday as the Obama administration's top fiscal guru stood by federal direction that some companie...

Sinking Profits Force Bank To Make Big Job Cuts

AP | DAVID McHUGH | Posted 09.30.2012 | Business

FRANKFURT, Germany — Deutsche Bank said Tuesday it plans to cut about 1,900 jobs, most of them outside Germany, as Europe's debt crisis hurt pro...

Defense Dept. Cuts Could Hit Civilian Workforce

AP | DONNA CASSATA | Posted 07.22.2013 | Politics

WASHINGTON -- Tens of thousands of civilian employees in the Defense Department could receive warnings about potential layoffs four days before the No...

CEO On Latest Round Of Layoffs: 'We Will Muddle Through This'

AP | Posted 09.22.2012 | Business

SAN JOSE, California (AP) — Cisco Systems is preparing to lay off about 1,300 workers just a few months after the world's largest maker of computer ...

Jason Cherkis

The Bain Plan: Heartbreaking Layoffs, Increased Security, Executive Golf | Jason Cherkis | Posted 07.24.2012 | Politics

WASHINGTON -- When Dade Behring started cutting employees under Bain Capital's management in the late '90s, Cindy Hewitt was on the front lines. As a ...

T-Mobile Allegedly Hired Overseas Workers While Cutting U.S. Staff

The Huffington Post | Alexander Eichler | Posted 07.18.2012 | Business

T-Mobile USA laid off about 1,900 workers in March. In May, they announced that another 900 job cuts were coming. But it seems the company has been st...

The Guerilla Warfare of Pentagon Contractors

Ben Freeman | Posted 09.01.2012 | Politics
Ben Freeman

Defense contractors, in their relentless campaign to avoid reductions in Pentagon spending and, consequently, the hundreds of billions of taxpayer dollars they receive every year, have started taking hostages -- their own employees.

Major Bank Slashing Senior Staff

Reuters | Posted 08.25.2012 | Business

By Sarah White and Douwe Miedema LONDON, June 25 (Reuters) - Swiss bank Credit Suisse plans to cut up to one-third of...

Do It Yourself or Die Trying

Holly Robinson | Posted 08.05.2012 | Money
Holly Robinson

These days, frugal is the new cool. Boxed wine is in. Fashion magazines trumpet vintage finds. Waste not, want not, is the new reality -- only it feels like old times to me.

Hire One, Fire 350

The Huffington Post | D.M. Levine | Posted 06.01.2012 | Business

Amid the banking world’s Great Contraction, Bank of America is adding jobs -- but only a few targeted positions, and it's laying off many more worke...

Disgraced Company To Lay Off Thousands

Reuters | Posted 07.29.2012 | Business

TOKYO (Reuters) - Japan's Olympus Corp, hit by a $1.7 billion fraud scandal, plans to shed 2,500 workers and sell an equity stake to either Sony Corp ...

Baseball Legend's Video Game Company Lays Off Entire Staff After 'Economic Downturn'

Reuters | Ros Krasny | Posted 07.24.2012 | Business

By Ros Krasny BOSTON (Reuters) - The troubled video gaming company run by former Red Sox baseball great Curt Schilling seemed on the ve...

The Surprising Casualty Of The Financial Crisis

Reuters | Posted 07.24.2012 | Business

By Michelle Conlin May 24 (Reuters) - The financial crisis and its aftermath have been brutal for Wall Street's riches...

Dave Jamieson

'Pink Slime' Uproar Leads To Pink Slips For Workers | Dave Jamieson | Posted 05.11.2012 | Business

The uproar over "pink slime" beef products may have claimed some collateral damage, with a meatpacking worker in California saying she and her colleag...

Laid-Off MF Global Employee Can't Even Get A Job Here

The Huffington Post | Harry Bradford | Posted 05.08.2012 | Business

Those years at MF Global can't even ensure you a retail job these days. Former mid-level MF Global employee Dan Whiteford says he has yet to be of...

Fortune 500 Companies Made Record $824 Billion Profit In 2011

The Huffington Post | Alexander Eichler | Posted 05.08.2012 | Business

Poverty is rampant. Hunger is widespread. But don't worry about America's largest corporations -- they're doing just fine. Fortune released its ann...

California's 4th Year Of Teacher Layoffs Spur Concerns

AP | CHRISTINA HOAG | Posted 05.05.2012 | Education

LOS ANGELES -- Los Angeles Unified teacher Mike Newman sighed when he saw the now familiar certified letter in his mailbox last month – a pink s...

Official In Bankrupt County: State Is 'Kicking The Can'

Reuters | Posted 07.02.2012 | Business

By Verna Gates BIRMINGHAM, Ala., May 2 (Reuters) - Alabama's bankrupt Jefferson County is laying off more government w...

Big Bank Plans To Lay Off Thousands

The Huffington Post | Bonnie Kavoussi | Posted 05.01.2012 | Business

Occupy Wall Street protests are the least of Bank of America's problems. The bank is starting to lay off its more profitable employees. On Tuesday,...

Cut and Paste Jobs

The Cavalier Daily | Posted 06.28.2012 | College
The Cavalier Daily

The University of Florida announced last week it would make significant cuts to its computer science program. Looking to save face rather than future, the university protested to Forbes, which first broke the story, this was reorganization and not a direct cut.

For Wall Street, The Great Recession Continues

The Huffington Post | D.M. Levine | Posted 04.25.2012 | Business

It seems the world of finance is still in the throes of its own great recession. One hundred of the largest cities in the U.S. have shed a total o...