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Layoffs

When Tough Times Weigh On The Kids

Wall Street Journal | Sue Shellenbarger | Posted 05.25.2011 | Business

At a little under three years of age, Bailey Haag can't understand the turmoil on Wall Street. But last week, the little girl's brow furrowed and her ...

Lehman Layoffs: Will They Include George Herbert Walker IV?

Radar | Posted 05.25.2011 | Business

Radar caught a new angle in the financial crisis -- after Barclay's buys up parts of Lehman Brothers, there will likely be layoffs. But will they incl...

Ford To Cut 4,200 Blue-Collar Employees, Report

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — Ford Motor Co. has said that it wants to cut its blue-collar work force by another 4,200 employees, according to a person briefed on a...

Layoffs Turn People Into Hermits

LiveScience.com | Jeanna Bryner | Posted 05.25.2011 | Business

Layoffs can turn social butterflies into near hermits who shun such outlets as book clubs and even church groups, finds a new study. Workers who expe...

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

AP | YURI KAGEYAMA | Posted 05.25.2011 | Business

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...

Planned Layoffs Rise In July

Reuters | Posted 05.25.2011 | Business

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...

Jobless rate rises to 4-year high of 5.7 percent

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

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

GM To Cut 5,000 Salaried Jobs

Wall Street Journal | Sharon Terlep | Posted 05.25.2011 | Business

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...

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

New York Times | Peter S. Goodman | Posted 05.25.2011 | Business

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...

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

AP | GREG KELLER | Posted 05.25.2011 | Business

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

Divorce is Up, Personal Trainers Down

Vicky Ward | Posted 05.25.2011 | 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 11.17.2011 | Healthy 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 11.17.2011 | Healthy 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 ...

More Government Bailouts May Be on Way

AP | TOM RAUM | Posted 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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...