Layoffs

Shrinking U.S. Demand Spurs Layoffs At Japanese Toyota Plant

AP | YURI KAGEYAMA | Posted 08.05.2008 | Business

Read More: Japan, Layoffs, Cars, Toyota, SUV Demand, Car Sales, SUV Sales, Car Demand, Recession, Economy, US Economy, Business News

TOKYO — Japanese automaker Toyota has laid off 800 people at a plant in southwestern Japan, or about 10 percent of the plant's work force, in re...

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Planned Layoffs Rise In July

Reuters | Posted 08.04.2008 | Business

Read More: Layoffs, Labor, Economy, Labor Department, Job Cuts, Recession, Business News

NEW YORK (Reuters) - Planned layoffs at U.S. companies jumped 26 percent in July from June, depicting further deterioration in the labor market, a rep...

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Jobless rate rises to 4-year high of 5.7 percent

AP | JEANNINE AVERSA | Posted 08.01.2008 | Business

Read More: Economy, Recession, Jobs, Layoffs, Buyouts, Consumer Spending, Labor Department, Business News

WASHINGTON — Stores, factories and other businesses large and small showed workers the door last month, sending unemployment to its highest rate...

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Hidden Toll Of Downturn: Millions Of Full-Time Jobs Cut To Part-Time

New York Times | Peter S. Goodman | Posted 07.30.2008 | Business

Read More: Layoffs, Part-Time Jobs, Recession, Full Time Jobs Cut, Job Cuts, Business News

The number of Americans who have seen their full-time jobs chopped to part time because of weak business has swelled to more than 3.7 million -- the l...

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GM To Cut 5,000 Salaried Jobs

Wall Street Journal | Sharon Terlep | Posted 07.30.2008 | Business

Read More: Layoffs, GM Layoffs, Cars, General Motors, Gm, Economy, GM Job Cuts, Recession, Business News

DETROIT -- General Motors Corp. is looking to cut its U.S. salaried headcount by 15%, or around 5,000 workers, by Nov. 1 as part of a plan to trim $10...

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CEO, Chairman Of Alcatel-Lucent Step Down: That Makes 16,502 Jobs

AP | GREG KELLER | Posted 07.29.2008 | Business

Read More: Alcatel, Lucent, Alcatel-Lucent, Patricia Russo, France, Alcatel-Lucent Merger, Serge Tchuruk, Layoffs, Economy, Recession, Global Stagnation, Global Recession, Business News

PARIS — Both the chairman and chief executive of French telecommunications giant Alcatel-Lucent will resign later this year, the company said Tu...

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Divorce is Up, Personal Trainers Down

Vicky Ward | Posted 07.21.2008 | Business

Read More: Layoffs, Interest Rates, Stress, Fannie Mae, Divorce, Recession, The Balanced Life, Economy, Business News
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.

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

Amy Swift | Posted 07.17.2008 | Living

Read More: Layoffs, Health Insurance, Creative Community, Freelance, Time Off, The Balanced Life, Self-Actualization, Economy, Work/Life Balance, Happiness, Living News
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.

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Recession-Proof Jobs

BusinessWeek | Albert Sun | Posted 07.17.2008 | Business

Read More: Layoffs, Technology Jobs, Tech Jobs, Unemployment, Jobs, Recession-Proof Jobs, Recession, Business News

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...

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GM Job Cuts Likely Coming Soon

Reuters | Posted 07.07.2008 | Business

Read More: Layoffs, Weak Economy, Job Cuts, Unemployment, General Motors, Gm, Recession, Business News

(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...

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The Hidden Costs Of Layoffs

BNET | Carlos Bergfeld | Posted 07.03.2008 | Business

Read More: Layoffs, Weak Economy, Job Cuts, Unemployment, Management, Recession, Business News

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...

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How To Make A Layoff Less Awkward

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

Read More: Job Layoffs, Layoffs, Living News

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...

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Morgan Stanley Plans To Cut 1,500 More Workers

CNBC | Charlie Gasparino | Posted 05.05.2008 | Business

Read More: Layoffs, Morgan Stanley, Morgan Stanley Jobs, Morgan Stanley Job Cuts, Job Cuts, Morgan Stanley Layoffs, Business News

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...

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Huge Job Losses Set Off Recession Alarms

AP | JEANNINE AVERSA | Posted 04.04.2008 | Business

Read More: Unemployment, Job Cuts, Layoffs, Business News

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 ...

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Northwest Raises Fares, Freezes Hiring

AP | JOSHUA FREED | Posted 04.04.2008 | Business

Read More: Northwest, Northwest Prices, Job Cuts, Layoffs, Recession, U.S. Economy, Airline Tickets, Business News

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

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

CNBC | Posted 04.02.2008 | Business

Read More: Layoffs, Cnbc, Merrill Lynch, John Thain, Job Cuts, Brokers, Business News

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 ...

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The Global Impact of the Subprime Crisis

Alec Baldwin | Posted 03.27.2008 | Business

Read More: Layoffs, Investment Banks, Bear Stears, U.S. Economy, JP Morgan, Subprime Mortgages, Bear Stearns Bailout, Subprime Mortgage Crisis, Factory Workers, Governments, Subprime Loans, Bailout, Economy, Business News
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?

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More Government Bailouts May Be on Way

AP | TOM RAUM | Posted 03.27.2008 | Business

Read More: Layoffs, Bear Stears, Investment Banks, U.S. Economy, JP Morgan, Bear Stearns Bailout, Factory Workers, Governments, Bailout, Economy, Business News

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

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20,000 Wall Street Jobs Threatened By Credit Crisis

Guardian | Andrew Clark | Posted 03.25.2008 | Business

Read More: Layoffs, U.S. Economy, Credit Crisis, Unemployment, Job Cuts, Wall Street, Jobs, Employment, Job Losses, Credit Crunch, Business News

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...

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Citigroup To Cut 2,000 More Jobs

New York TImes | Posted 03.20.2008 | Business

Read More: Layoffs, Citigroup, Citigroup Layoffs, Job Cuts, Traders, Investment Banks, Investment Bankers, Business News

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. ...

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Dangerous Cracks Appearing in Job Market

AP | JEANNINE AVERSA | Posted 03.07.2008 | Business

Read More: Layoffs, Job Losses, Labor Force, Unemployment, Jobs, Labor Department, Recession Fears, Recession, Unemployment Rates, Business News

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

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Citigroup's Job Cuts Could Exceed 30,000

CNBC | Charlie Gasparino | Posted 03.04.2008 | Business

Read More: Layoffs, Merrill Lynch, Citigroup, Subprime Mortgages, Banks, Writedowns, Job Cuts, Subprime Mortgage Crisis, Citigroup Job Cuts, Citigroup Writedowns, Vikram Pandit, U.S. Economy, Recession, Business News

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...

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BMW Plans 5,600 More Job Cuts

AP | ROLAND LOSCH | Posted 02.27.2008 | Business

Read More: Bmw, Job Cuts BMW Job Cuts, Layoffs, BMW Layoffs, Ernst Baumann, Luxury Goods, Luxury Cars, Rolls-Royce, Business News

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...

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Getting Fired At Yahoo: A Liveblog

Silicon Alley Insider | Henry Blodget | Posted 02.13.2008 | Business

Read More: Layoffs, Yahoo, Job Cuts, Yahoo Layoffs, Business News

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...

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Morgan Stanley Cuts 1,000 Mortgage Jobs

AP | JOE BEL BRUNO | Posted 02.13.2008 | Business

Read More: Layoffs, Morgan Stanley, Job Cuts, Morgan Stanley Job Cuts, Business News

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...

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