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A Doubly Challenging Year For The American Red Cross

AP | By DAVID CRARY and MARGERY BECK | Posted 11.29.2011 | Business

-- For the American Red Cross, it has been a doubly challenging year. While coping with a relentless series of natural disasters, the organization h...

Where's the Detroit Love?

Yusef Bunchy Shakur | Posted 01.28.2012 | Detroit
Yusef Bunchy Shakur

Mayor Bing and City Council President Pugh both have professed how they love Detroit and want to lead Detroit back to its glory days. We need leadership who are willing to demonstrate their love for us through their actions.

Law Firm That Hosted Foreclosure-Themed Costume Party To Close

AP | By CAROLYN THOMPSON | Posted 01.21.2012 | Business

BUFFALO, N.Y. -- A New York law firm that specializes in foreclosures and was criticized for a Halloween party that mocked the homeless will close, a ...

Joy Resmovits

Exclusive: Detroit Public Schools Deficit Has Shrunk By Two-Thirds | Joy Resmovits | Posted 11.20.2011 | Detroit

Less than a week after Detroit Mayor Dave Bing said the city was in "very serious" financial shape, the city's schools plan to announce they've dramat...

Mayor Dave Bing: 1,000 Job Cuts Amid Detroit Budget Crisis

AP | JEFF KAROUB | Posted 01.18.2012 | Detroit

DETROIT — Detroit plans to cut 1,000 jobs by early next year to help deal with the city's budget crisis and avoid the possibility of a state-app...

UBS To Significantly Downsize In Coming Years

AP | By The Associated Press | Posted 11.17.2011 | Business

-- Swiss lender UBS AG told investors how it is downsizing its investment bank and shrinking that division's staff as the overall bank tries to reduc...

Greeting Cards for the Laid-Off

Eunice Roque | Posted 01.16.2012 | Home
Eunice Roque

Last week my boss instructed me to get "good-luck" cards for two co-workers being laid off. We had all been pretending it wasn't happening, but this was it for me.

Big Bank To Slash Thousands Of Jobs

Posted 11.16.2011 | Business

Citigroup Inc may cut "slightly more" than 3,000 jobs, becoming the latest U.S. bank to eliminate positions, a source familiar with the matter sai...

John Celock

Republicans Proposes Spending On Polar Bear Housing Amid Layoffs | John Celock | Posted 11.16.2011 | Politics

A recently-defeated Republican county executive in upstate New York remains a lame duck until the end of the year, but he is now proposing laying off ...

Mitt Romney Explains

Jeff Danziger | Posted 01.14.2012 | Politics
Jeff Danziger


Preparing for What the Supercommittee Has in Store for Federal Agencies

Tom Fox | Posted 01.09.2012 | Politics
Tom Fox

While there is no easy way to deal with the pain and difficult choices that lie ahead, it may be a good time to dust off some of those old books -- or discover new ones -- about leading change.

Software Maker To Lay Off Hundreds As Part Of Restructuring Plan

Posted 01.08.2012 | Business

Adobe Systems Inc plans to lay off 750 positions and take a charge of up to $94 million as part of a restructuring to re-focus the company on digi...

Public Sector Losing Jobs At Same Rate Private Sector Adding Them

The Huffington Post | Alexander Eichler | Posted 01.03.2012 | Business

When it comes to an economy trying to right itself, if it's not one thing, it's another. Even as the economy seems to be moving -- slowly -- in the...

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...