iOS app Android app

Layoffs

Major Grocery Chain To Close More Than 100 Stores, Slash Thousands Of Jobs

AP | Posted 01.13.2012 | Business

BRUSSELS -- A Belgian supermarket chain that owns Food Lion said Thursday it will close more than 100 struggling stores, mostly in Florida, Georgia, S...

Controversial Scott Walker Billboard Removed

Posted 01.12.2012 | Politics

A poorly-placed billboard touting Gov. Scott Walker's (R-Wisc.) job creation record has been removed, Wisconsin Radio Network reported Thursday. T...

Industries That Created The Most Jobs Last Year

The Huffington Post | Harry Bradford | Posted 01.08.2012 | Business

Despite all the bumps along the way, the labor market ended the year on a positive note, with the jobless rate falling in December to its lowest level...

Romney's $44 Million Bailout Secret

Reuters | Andy Sullivan and Greg Roumeliotis | Posted 01.06.2012 | Politics

(Reuters) - It was funny at first. The young men in business suits, gingerly picking their way among the millwrights, machinists and pipefitters at...

Jobs Numbers Rise, but Big Businesses Still Make Big Layoffs

Jeff Reeves | Posted 03.06.2012 | Business
Jeff Reeves

Like it or lump it, businesses cannot accept falling profits. And if they don't have confidence in their growth prospects, the only way to achieve that is to cut costs.

Government Accounted For Nearly A Third Of All Layoffs In 2011: Report

The Huffington Post | Alexander Eichler | Posted 01.05.2012 | Business

For government workers and financial sector employees, last year was a particularly bad one -- and 2012 likely won't be much better. More jobs were...

Nestle Announces Big Layoffs

Chatsworth, CA Patch | Saul Daniels | Posted 01.04.2012 | Food

Merry Christmas. Happy New Year. And Goodbye! Nestlé USA will lay off 103 Chatsworth employees on February 1, according to the San Fernando Valley...

Uh-Oh, Spouse in the House

Gary M. Krebs | Posted 02.28.2012 | Healthy Living
Gary M. Krebs

It's now been a couple of weeks since I was notified of my layoff, and I've recently been getting some vibes from my wife indicating that she doesn't exactly share all the positive feelings about my newfound freedom and creative ambitions.

Wall Street Job Cuts May Hurt National Labor Market

Posted 12.22.2011 | Business

As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will ...

Life & Happiness With Laura Rowley: Bouncing Back From Unemployment

Laura Rowley | Posted 02.18.2012 | Fifty

Hard-hit by layoffs during the recession, Laurie and her husband drained their retirement savings to cover the mortgage, and ran up their credit cards...

The 10 Best Economically Performing Cities

The Huffington Post | Harry Bradford | Posted 12.18.2011 | Business

A struggling labor market may be one of the most significant problems currently facing the United States, but some cities are starting to return to pr...

Catherine New

Banks At A Tipping Point, Heading For Decline

HuffingtonPost.com | Catherine New | Posted 12.16.2011 | Business

Wall Street has lost its luster. Financial services -- the white-collar industry that has grown to more than 8 percent of the economy -- is at a tippi...

George Soros' Investment Company Cutting Jobs

Posted 12.16.2011 | Business

Soros Fund Management, the investment company of billionaire George Soros, has laid off a handful of analysts and portfolio managers in recent mon...

Perfect Attendance: Cold and Flu Season's Public Health Menace

Dr. Caroline Cicero | Posted 02.06.2012 | Education
Dr. Caroline Cicero

Working while you are sick doesn't make you productive. Kids don't do well in school when they should be at home recovering, and their peers sitting next to them don't win either.

British Drug Giant To Slash More Than 1,000 U.S. Jobs

Posted 12.07.2011 | Business

LONDON (Reuters) - AstraZeneca is cutting nearly a quarter of its U.S. sales force in a second wave of redundancies in as many months as it seeks ...

The Biggest Corporate Layoffs of All Time

24/7 Wall St. | Douglas A. McIntyre | Posted 12.07.2011 | Business

From 24/7 Wall St: Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of...

Citigroup To Slash Thousands Of Jobs

AP | PALLAVI GOGOI | Posted 02.05.2012 | Business

NEW YORK (AP) -- Citigroup says it is cutting 4,500 jobs over the next few quarters. CEO Vikram Pandit said the job cuts are part of th...

Nearly All Who Lost Jobs In The Recession Are Worse Off Now: Poll

The Huffington Post | Alexander Eichler | Posted 12.02.2011 | Business

The economy is technically in recovery, but for a vast number of Americans, things are worse now than they were three years ago. A recent poll of A...

A Doubly Challenging Year For The American Red Cross

AP | By DAVID CRARY and MARGERY BECK | Posted 11.29.2011 | Business

-- For the American Red Cross, it has been a doubly challenging year. While coping with a relentless series of natural disasters, the organization h...

Where's the Detroit Love?

Yusef Bunchy Shakur | Posted 01.28.2012 | Detroit
Yusef Bunchy Shakur

Mayor Bing and City Council President Pugh both have professed how they love Detroit and want to lead Detroit back to its glory days. We need leadership who are willing to demonstrate their love for us through their actions.

Law Firm That Hosted Foreclosure-Themed Costume Party To Close

AP | By CAROLYN THOMPSON | Posted 01.21.2012 | Business

BUFFALO, N.Y. -- A New York law firm that specializes in foreclosures and was criticized for a Halloween party that mocked the homeless will close, a ...

Joy Resmovits

Exclusive: Detroit Public Schools Deficit Has Shrunk By Two-Thirds

HuffingtonPost.com | Joy Resmovits | Posted 11.20.2011 | Detroit

Less than a week after Detroit Mayor Dave Bing said the city was in "very serious" financial shape, the city's schools plan to announce they've dramat...

Mayor Dave Bing: 1,000 Job Cuts Amid Detroit Budget Crisis

AP | JEFF KAROUB | Posted 01.18.2012 | Detroit

DETROIT — Detroit plans to cut 1,000 jobs by early next year to help deal with the city's budget crisis and avoid the possibility of a state-app...

UBS To Significantly Downsize In Coming Years

AP | By The Associated Press | Posted 11.17.2011 | Business

-- Swiss lender UBS AG told investors how it is downsizing its investment bank and shrinking that division's staff as the overall bank tries to reduc...

Greeting Cards for the Laid-Off

Eunice Roque | Posted 01.16.2012 | Home
Eunice Roque

Last week my boss instructed me to get "good-luck" cards for two co-workers being laid off. We had all been pretending it wasn't happening, but this was it for me.