iOS app Android app

Layoffs

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
InvestingAnswers

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...

Arthur Delaney

Laid Off Journalist Reports His Own Job Search

HuffingtonPost.com | Arthur Delaney | Posted 11.12.2011 | Business

In June, Robert Annis lost his long-time job as a reporter at the Indianapolis Star when media conglomerate and Star owner Gannett cut 700 employees t...

Obama's Speech to Congress: So Why Am I Skeptical?

Leonie Haimson | Posted 08.09.2012 | Education
Leonie Haimson

We've witnessed several years of this administration generally unconcerned about rising class sizes and teacher layoffs. The truth is that for the past two years, their priorities have pointed in an entirely different direction.

Quinn Announces Plans To Close Seven Facilities, Lay Off 1,900 Workers

Posted 11.08.2011 | Chicago

Gov. Pat Quinn announced plans Thursday to close seven state agencies, which, along with other cuts, will eliminate more than 1,900 jobs in an effort ...

Tyler Kingkade

State Revenue Slumps Worse Than The Great Depression

HuffingtonPost.com | Tyler Kingkade | Posted 12.21.2011 | Politics

WASHINGTON -- While the current economic downturn is often referred to as the worst since the Great Depression, today's conditions are by some measure...

Alexander Eichler

Junior Investment Bankers Unhappy With Paychecks, Direction Of Their Industry: Survey

HuffingtonPost.com | Alexander Eichler | Posted 10.25.2011 | Business

As their industry shifts focus and work becomes ever more demanding, junior investment bankers are saying they're less satisfied with their jobs, acco...

Circus Invites Laid-Off Police To Free Show

ABC | Posted 10.21.2011 | Impact

SAN JOSE, Caif. -- Ringling Brothers and Barnum & Bailey are inviting San Jose police officers who were laid off as a result of budget cuts to bring t...

MoneyWatch: How To Avoid Getting Laid Off

CBS MoneyWatch | Ron Brown | Posted 10.18.2011 | Business

The first thing you need to do is assess your vulnerability to these cuts on several levels. The first one would be based on your own personal perform...

Unions Approve Deal To Close Budget Gap In Connecticut

AP | SUSAN HAIGH | Posted 10.18.2011 | Politics

HARTFORD, Conn. — Connecticut's unionized state employees overwhelmingly ratified a labor savings and concessions agreement Thursday in a second...

Wall Street Bankers 'Answer Call' Of New Careers

Reuters | Lauren Tara LaCapra | Posted 10.17.2011 | Business

(Reuters) - In his 23 years as a banker, Adam Greene trotted the globe, closing billions of dollars' worth of deals for some of the world's biggest ba...

Wisconsin Teachers Union Lays Off 40% Of Staff

AP | SCOTT BAUER | Posted 10.16.2011 | Education

Wisconsin's largest teachers' union issued layoff notices to 40 percent of its staff Monday following legislation that limits collective bargaining ri...

This Year's Kings Of Corporate Layoffs

24/7 Wall St. | JON C. OGG | Posted 10.10.2011 | Business

From 24/7 Wall St.: Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and cre...