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Planned Layoffs Steeply Drop In October

Posted 01.02.2012 | Business

NEW YORK - The number of planned layoffs at U.S. firms dropped in October after hitting a more than 2-year high the month before, while seasonal p...

California Prison Nurse Triples Her Income Due To Overtime Pay

The Huffington Post | Posted 12.27.2011 | Business

In California, putting in the extra hours can apparently really pay off. A California nurse working at a men's prison tripled her pay last year by...

U.S. Companies Plan Little Hiring, Firing Over Next Six Months

Posted 12.24.2011 | Business

U.S. companies do not plan to significantly increase payrolls over the next six months but neither do they intend to aggressively fire workers, ac...

Alexander Eichler

As Budget Cuts Loom, Federal Layoffs Seem Increasingly Likely | Alexander Eichler | Posted 12.20.2011 | Business

Even as the nation's economy has limped along these past few years -- with millions of Americans unable to find jobs -- the federal government has kep...

Bloomberg and I Should Pay More Taxes

Alan Singer | Posted 12.19.2011 | New York
Alan Singer

While I am not a millionaire and I don't even qualify for the current New York State surcharge on higher income earners, I should be paying more taxes too. Maybe that would clean up some of the economic problems plaguing New York City.

Hundreds Protest Prison Closure That Would Devastate Small Town's Economy

Posted 12.17.2011 | Chicago

Residents of Logan County rallied on the courthouse lawn in Lincoln, Illinois last Thursday to protest Gov. Pat Quinn's proposed closure of the Logan ...

Fed Up With Wall Street's Greed? Time to Put Bank of America on Notice

Rebecca Tarbotton | Posted 12.12.2011 | Green
Rebecca Tarbotton

The Rainforest Action Network has been campaigning to get the big Wall Street banks to quit funding coal and driving climate change for years now. So it may seem, on the face of it, like the Occupy Wall Street fight is not quite the same as our fight. But it really is.

Obama's Job Creation Advisors Include Job-Cutting Execs | Alana Semuels, Los Angeles Times | Posted 12.10.2011 | Politics

Just days before the president appointed Kenneth I. Chenault, chairman and chief executive of American Express, to the council, the company announced ...

Not So Friendly: Restaurant Chain Serves Up Layoffs

Daily Finance | Alice Hines | Posted 12.06.2011 | Business

Friendly's Ice Cream Corp. laid off 1,260 employees with almost no notice on Tuesday night. And there's little that employees can do about it. ...

Entrepreneur Takes On Former Employer After Firing

Reuters | Posted 12.06.2011 | Small Business

(By Deborah L. Cohen) - Bryan Van Noy got a pink slip in 2007. After dusting himself off, he set out to launch a business that would challenge traditi...

Calculating the High Cost of a Layoff -- to an Employer

Frank Koller | Posted 12.05.2011 | Business
Frank Koller

Here's help -- an interesting new web-based calculator which allows an employer to plug in a few readily-available numbers and estimate what it can cost to lay off a worker and then replace her down the road.

September Layoffs Biggest In Two Years: Survey

Posted 12.05.2011 | Business

The number of planned layoffs at U.S. firms in September jumped to its highest in more than two years due to heavy cutbacks by the military and Ba...

Survey Says: An Unfriendly Work Environment Could Kill You

The Huffington Post | Rieva Lesonsky | Posted 12.03.2011 | Small Business

Just reading the latest surveys made me so nervous, I started biting my nails. First, U.S. workers are really worried about losing their jobs. The luc...

Arbitrator Sides With Union Over Quinn's Layoffs, Closures

Posted 12.03.2011 | Chicago

An arbitrator ruled Monday that Illinois Governor Pat Quinn (D)'s call for seven state facility closures and 1,900 worker layoffs violates the state's...

Jobless Claims Fall To Lowest Level Since April

AP | CHRISTOPHER S. RUGABER | Posted 11.29.2011 | Business

WASHINGTON — The number of people seeking unemployment benefits fell sharply last week, an encouraging sign that layoffs are easing. Weekly app...

After Rogue Trader Fallout, UBS CEO Calls For Employees To Make Bank Less Risky

Posted 11.28.2011 | Business

UBS AG interim Chief Executive Sergio Ermotti appealed to staff in an internal memo to back efforts to make the bank less complex and risky, follo...

Not Just Layoffs: Eight Ways Cities Reduce Employee Costs

The Huffington Post | Harry Bradford | Posted 11.28.2011 | Business

When city officials need to trim personnel costs, firing people isn't the first thing they look to do: it's the third. City budgets are stretched ...

Goldman May Cut More Jobs Than Previously Indicated

Posted 11.27.2011 | Business

Goldman Sachs Group Inc may cut $1.45 billion in expenses by year's end, $250 million more than it indicated in July, in a move that could lead to...

The Recession Created A 'Triple Tragedy' In Education

AP | By JEFFREY COLLINS | Posted 11.24.2011 | Education

COLUMBIA, S.C. -- Stay-at-home-mom Cindy DePace was just hitting 30 when she decided to return to the work force by going back to school and becoming ...

Goldman Sachs Could Be Headed Toward First Loss Since Financial Crisis

The Huffington Post | Bonnie Kavoussi | Posted 11.23.2011 | Business

Growing concerns about the weakness of economic growth around the world are increasingly dimming prospects for American financial institutions, amplif...

Companies Where Employees Are Losing Hope

24/7 Wall St. | Douglas A. McIntyre | Posted 11.21.2011 | Business

From 24/7 Wall St.: Some companies become so badly damaged because of changes in the competitive markets or due to poor management decisions that thei...

BofA Cuts Investment Bankers In Industrials Group

Posted 11.21.2011 | Business

Bank of America Corp (BAC.N) dismissed 13 investment bankers in its industrials group and may cut more, Bloomberg reported on Tuesday, citing two ...

For Those Laid Off During Hard Times, Twice The Earnings Hit

Posted 11.15.2011 | Business

By Sara Murray of the Wall Street Journal Workers who lose jobs in a recession suffer nearly twice the hit to future earnings compared to those who...

7 Warning Signs of an Impending Layoff

InvestingAnswers | Posted 11.15.2011 | Business

To help protect yourself and your financial well-being, here are seven signs that a pink slip could be in your future.

Biggest Job Cuts Announcements Of 2011

The Huffington Post | Harry Bradford | Posted 11.12.2011 | Business

As companies closing shop or cutting costs stoke recession fears, the return of mass layoffs may be the U.S. economy's greatest concern. On the sam...