Job Losses Economic Distress

It's obvious that what's different about so many of the unemployed during the Great Recession is that it has touched people who are used to succeeding, not being on the wrong end of a termination.

SAN FRANCISCO - Sun Microsystems Inc. plans to cut up to 6,000 jobs, or 18 percent of its global work force, as sales of its high-end computer serve...

Employers are moving to aggressively cut jobs and reduce costs in the face of the nation's economic crisis, preparing for what many fear will be a lon...