Layoffs

Divorce is Up, Personal Trainers Down

Vicky Ward | Posted 07.21.2008 | Business


Vicky Ward

People in every sector fear they could be laid off at any second. Divorce rates are up; personal trainers are losing their clients. No one has the time or inclination to work out. The toll is unguessable.

Ladies Who Launch: Lay-Off Could Mean Free-Lance

Amy Swift | Posted 07.17.2008 | Living


Amy Swift

Women are leaving corporate America in droves. Some of them are forced to go and others just can't stand it anymore. With the right planning and mindset, it might be the best thing you ever do.

Recession-Proof Jobs

BusinessWeek | Albert Sun | Posted 07.17.2008 | Business


These are tough times for job seekers. The U.S. unemployment rate held steady in June at 5.5%, the highest rate since October 2004. The outlook is esp...

GM Job Cuts Likely Coming Soon

Reuters | Posted 07.07.2008 | Business


(Reuters) - No. 1 U.S. automaker General Motors is planning to cut thousands of white-collar jobs and is considering whether it should sell or stop pr...

The Hidden Costs Of Layoffs

BNET | Carlos Bergfeld | Posted 07.03.2008 | Business


While layoffs may seem like a good way to cut costs in the short-term, the direct and indirect costs of downsizing can paralyze your company's long-te...

How To Make A Layoff Less Awkward

The New York Times | Jan Hoffman | Posted 05.19.2008 | Living


As the economy blasts away at white-collar workers as well as blue-collar ones, the newly jobless are learning an ungainly new language: How to spin t...

Morgan Stanley Plans To Cut 1,500 More Workers

CNBC | Charlie Gasparino | Posted 05.05.2008 | Business


Morgan Stanley is planning another round of layoffs in the coming days, finalizing a plan to slash another 5 percent from its securities-firm workforc...

Huge Job Losses Set Off Recession Alarms

AP | JEANNINE AVERSA | Posted 04.04.2008 | Business


WASHINGTON — It's no longer a question of recession or not. Now it's how deep and how long. Workers' pink slips stacked ever higher in March as ...

Northwest Raises Fares, Freezes Hiring

AP | JOSHUA FREED | Posted 04.04.2008 | Business


MINNEAPOLIS — Fuel isn't getting any cheaper, so Northwest Airlines Corp. is going to make flying a little more expensive. Northwest has raised...

Merrill Lynch To "Quietly" Cut Up To 15 Percent Of Workforce

CNBC | Posted 04.02.2008 | Business


Merrill Lynch is now planning to cut 10% to 15% of its workforce--excluding brokers--sometime in May, CNBC has learned. Merrill Lynch CEO John Thain ...

The Global Impact of the Subprime Crisis

Alec Baldwin | Posted 03.27.2008 | Business


Alec Baldwin

Is it now true that the only way the US can maintain its standard of living is by exporting bogus wars and bad debt to foreign countries?

More Government Bailouts May Be on Way

AP | TOM RAUM | Posted 03.27.2008 | Business


WASHINGTON — The economy is listing. So it must be time to bail. While there is little enthusiasm for government bailouts in general, voters ar...

20,000 Wall Street Jobs Threatened By Credit Crisis

Guardian | Andrew Clark | Posted 03.25.2008 | Business


More than 20,000 people are forecast to lose their jobs on Wall Street as the credit crunch bites into business at financial institutions over the nex...

Citigroup To Cut 2,000 More Jobs

New York TImes | Posted 03.20.2008 | Business


Citigroup plans to lay off another 2,000 investment bankers and traders before the end of the month, people close to the situation said on Wednesday. ...

Dangerous Cracks Appearing in Job Market

AP | JEANNINE AVERSA | Posted 03.07.2008 | Business


WASHINGTON — Dangerous cracks in the nation's job market are deepening. Employers slashed jobs by the largest amount in five years and hundreds ...

Citigroup's Job Cuts Could Exceed 30,000

CNBC | Charlie Gasparino | Posted 03.04.2008 | Business


Citigroup's job cuts could reach 30,000 or more over the next year and a half because of increasing writedowns from subprime-related debt, CNBC has le...

BMW Plans 5,600 More Job Cuts

AP | ROLAND LOSCH | Posted 02.27.2008 | Business


MUNICH, Germany — Luxury automaker BMW AG said Wednesday it will cut another 5,600 jobs by the end of 2008, on top of 2,500 other positions that...

Getting Fired At Yahoo: A Liveblog

Silicon Alley Insider | Henry Blodget | Posted 02.13.2008 | Business


Yahoo's Ryan Kuder was canned today. A drag for him, but a gift for the rest of us--because he Twittered it. A new form of literature is in the making...

Morgan Stanley Cuts 1,000 Mortgage Jobs

AP | JOE BEL BRUNO | Posted 02.13.2008 | Business


NEW YORK — Morgan Stanley on Wednesday said it will cut 1,000 jobs as the nation's second-largest investment bank trims its residential mortgage...

Yahoo Layoffs Begin

Reuters Via ABC News | Posted 02.12.2008 | Business


As expected, Yahoo Inc began carrying out lay-offs up to 1,000 employees on Tuesday, as part of job cutbacks announced last month, several employees ...

Macy's to Cut About 2,300 Jobs

AP | LISA CORNWELL | Posted 02.06.2008 | Business


CINCINNATI — Macy's Inc. said Wednesday it will cut about 2,300 management jobs as the department store operator consolidates three regional div...

Yahoo Going Forward With "Drastic" Layoffs: Source

Silicon Alley Insider | Henry Blodget | Posted 01.28.2008 | Business


A source close to Yahoo reports that Jerry Yang has decided to go forward with aggressive layoffs. The source believes the layoffs will be announced o...

Morgan Stanley To Layoff 1,000

AP | Posted 01.24.2008 | Business


Morgan Stanley plans to lay off about 2 percent of its workers this week to help cut expenses as the market for investment banking grows tougher, acco...

Tax Rebate Deal Could Mean Checks by May

AP | ANDREW TAYLOR and JULIE HIRSCHFELD DAVIS | Posted 01.24.2008 | Politics


WASHINGTON — With unprecedented speed and cooperation, Congress and the White House forged a deal Thursday to begin rushing tax rebates of $600 ...

Recession Watch: Is Your Job Safe?

ABC News | SCOTT MAYEROWITZ | Posted 01.24.2008 | Business


With bad news coming out of Wall Street almost daily and the U.S. economy teetering toward a recession, should Americans also be worried about losing ...


 

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