Job Cuts

How Long Will the Recession Last?

Hale "Bonddad" Stewart | Posted 11.19.2008 | Business

Read More: Economy, Job Losses, U.S. Economy, Recession End, Job Cuts, Economic Recession, Economic Crisis, 2008 Recession, Jobs, Recession Watch, Recession, Business News
Hale

Ten months of heavy job losses left places the end of terrible job losses somewhere next summer. And that assumes we'll see a rate of job destruction on par with the worst rate of the last 60 years.

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Sun Microsystems To Cut Up To 6,000 Employees, 18% Of Work Force

AP | Posted 11.14.2008 | Business

Read More: Job Losses, Job Losses Economic Distress, Sun Microsystems, Job Cuts, Business News

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...

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British Phone Company BT To Cut 6,000 More Jobs As Net Profit Rises

AP | EMILY FLYNN VENCAT | Posted 11.13.2008 | Business

Read More: Layoffs, Financial Crisis, Job Cuts, Economy, Bt, Business News

LONDON — BT Group PLC, Britain's largest phone company, on Thursday reported quarterly earnings rose 18 percent but said it would slash 6,000 mo...

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Al Gore's Current TV Laying Off 60

CNET | Posted 11.12.2008 | Media

Read More: Layoffs, Job Losses, Current, Al Gore, Current Media, Job Cuts, Jobs, Media News

There have been layoffs at Current Media, the cable network co-founded by former U.S. Vice President Al Gore. A statement from Current put the number...

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Who's Firing And Who's Hiring

CNBC | Dave Burdick | Posted 11.12.2008 | Business

Read More: Who's Firing, Who's Hiring, Layoffs, Economy, Financial Crisis, Job Cuts, Recession, Business News

The jobs market has been downright scary lately. Seems every day there's a long list of companies with layoffs, or a blog listing layoffs, or a projec...

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Jobless ranks hit 10 million, most in 25 years

AP | JEANNINE AVERSA | Posted 11.07.2008 | Business

Read More: Job Cuts, Jobs Report, Department of Labor, Labor Department, Economy, Financial Crisis, Business News

WASHINGTON — The nation's jobless ranks zoomed past 10 million last month, the most in a quarter-century, as piles of pink slips shut factory ga...

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Ford Announces $129M Loss, 10 Percent American Salaried Job Cuts

AP | TOM KRISHER and JAMES PRICHARD | Posted 11.07.2008 | Business

Read More: Ford, Automakers, Cars, Ford Job Cuts, Ford Losses, Layoffs, Job Cuts, Economy, Recession, Financial Crisis, Auto Sales, Depression, Business News

DEARBORN, Mich. — Ford Motor Co. said Friday it lost $129 million in the third quarter as the struggling automaker burned through $7.7 billion i...

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Goldman Sachs Layoffs To Number 3,200

DealBook | Posted 11.06.2008 | Business

Read More: Layoffs, Goldman Sachs, Finance, Goldman Sachs Layoffs, Banks, Financial Crisis, Job Cuts, How Many Goldman Sachs Layoffs, Business News

Goldman Sachs notified roughly 3,200 employees this week that they have been laid off, part of previously reported plans to slash 10 percent of the fi...

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The Layoffs Will Be Blogged

New York Times | CLAIRE CAIN MILLER | Posted 11.05.2008 | Business

Read More: Layoffs, Economy, Layoff Announcements, Job Cuts, Silicon Alley, Blogging Layoff Announcements, Recession, Blogging, Business News

SAN FRANCISCO -- During past downturns, layoffs were mostly a private affair. Big companies tended to issue vague press releases filled with jargon ab...

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Circuit City Closing 20% Of U.S. Stores To Save Cash

Silicon Alley Insider | Dan Frommer | Posted 11.03.2008 | Business

Read More: Layoffs, Economy, Circuit City Store Closings, Financial Crisis, Job Cuts, Circuit City, Recession, Business News

Here come the closeout sales: Circuit City (CC) says it's shuttering 155 of its 721 U.S. stores, or about 20%, to save cash. The declining electronics...

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Motorola To Cut 3,000 Jobs, Mostly From Cell Phone Division

Silicon Alley Insider | Dan Frommer | Posted 10.30.2008 | Business

Read More: Layoffs, Motorola Layoffs, Mobile Devices, Economy, Motorola, Job Cuts, Recession, Business News

Motorola (MOT) announced this morning that it's aiming for $800 million in cost savings next year, including $600 million from its money-losing cellph...

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Big Layoffs From Big Companies (SLIDESHOW)

Huffington Post | Nour Akkad | Posted 10.29.2008 | Business

Read More: Business News, Job Layoffs, Job Losses, Slideshow, Financial Meltdown, Business, Job Cuts, Economic Crisis, Finance, Economy, Business News

As the financial turmoil continues, many high-profile companies have recently announced massive layoffs to be conducted in the next couple of months. ...

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Qwest Profit Down, Will Cut 1,200 Jobs

AP | PETER SVENSSON | Posted 10.29.2008 | Business

Read More: Recession, Job Cuts, Layoffs, Economy, Qwest, Business News

NEW YORK — Qwest Communications International Inc. posted a profit for its third quarter Wednesday, but said the continued slide of its traditio...

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Fidelity Layoff Rumor Gains Traction, But Not Confirmed

Reuters | Posted 10.28.2008 | Business

Read More: Layoffs, Fidelity Investments, Finance, Economy, Financial Crisis, Job Cuts, Recession, Fidelity Layoffs, Business News

BOSTON (Reuters) - Fidelity Investments said on Tuesday it was reviewing its costs and staffing following an industry report that said as many as 4,00...

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Whirlpool to cut 5,000 jobs by end of 2009

AP | JAMES PRICHARD | Posted 10.28.2008 | Business

Read More: Whirlpool, Job Cuts, Layoffs, Recession, Economy, Business News

GRAND RAPIDS, Mich. — Whirlpool Corp. said Tuesday it is eliminating about 5,000 jobs this year and next, due in large part to the long downturn...

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Chrysler to Cut 25% of Salaried and Contract Jobs

New York Times | Nick Bunkley | Posted 10.24.2008 | Business

Read More: Automakers, Layoffs, Chrysler GM, Chrysler, Robert Nardelli, Bob Nardelli, Cars, Jobs, Job Cuts, Business News

The automaker said that it would offer buyout and early retirement packages in the next two weeks and that layoffs would follow in December. As many a...

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Auto Job Losses Keep Coming

AP | TOM KRISHER | Posted 10.24.2008 | Business

Read More: Jobs, Cars, Gm, Chrysler, Automakers, Layoffs, Job Cuts, Economy, Recession, Business News

DETROIT — The employment carnage in the ever-shrinking U.S. auto industry continued Thursday as Chrysler LLC announced it would get rid of 1,825...

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McCain Wrong, Real Estate Prices Must Devalue

Vanessa Edwards Foster | Posted 10.15.2008 | Home

Read More: Outsourcing, Offshoring, Depression, Wall Street Bailout, John McCain, Job Cuts, Cost of Living, Economy, McCain Campaign, Economic Crisis, Jobs, Bank Bailout, Housing Crisis, Recession, Obama McCain, McCain Obama, Election 2008, Campaign 2008, Home News
Vanessa Edwards Foster

Either American living standards must continue eroding at a shocking pace, or the costs of these living standards must come down accordingly in order to give American workers a chance to compete for jobs.

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*&%# Obama or McCain: My Bulletproof Secrets to Insulate Your Small Business from Bankruptcy

Stephen Viscusi | Posted 10.14.2008 | Business

Read More: Small Business Owners, Small Business, Viscusi, Economy, Jobs, Careers, Job Cuts, Human Resources, Stock Market, Pink Slip, Recession, Business News
Stephen Viscusi

Bulletproofing one's job is built around four simple notions that will maximize your value and prospects for today and tomorrow.

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Barclays To Cut 3,000 Jobs After Lehman Deal

Fortune | Barney Gimbel and Peter Gumbel | Posted 10.10.2008 | Business

Read More: Layoffs, Barclays, Barclays Lehman Brothers, Lehman Brothers, Economy, Job Cuts, World Economy, Business News

LONDON (Fortune) -- Barclays PLC will cut about 3,000 jobs in the aftermath of its purchase of bankrupt Lehman Brothers' North American investment ban...

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Obama Criticizes McCain Over Jobs

AP | NEDRA PICKLER and SARA KUGLER | Posted 10.03.2008 | Politics

Read More: Barack Obama, John McCain, Jobs, Job Cuts, Obama Rally, Politics News

ABINGTON, Pa. — Democrat Barack Obama used word of the nation's worst monthly job loss in over five years Friday to argue the policies of his Re...

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Most Jobs Cut In Over 5 Years, Signs Of Recession Worsen

AP | JEANNINE AVERSA | Posted 10.03.2008 | Home

Read More: Unemployment, Unemployment Rate, Job Cuts, Job Losses, Wachovia, Recession Fears, US Recession, Home News

WASHINGTON — Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep stacking higher in the months ahead, ...

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Women May Be Most Affected By Economic Crisis And Election

Susan Kelley-Stamerra | Posted 09.26.2008 | Home

Read More: Investments, U.S. Economy, Women's Rights, Cafta, Debate, Social Security, Working Mothers, Children, Children's Health Insurance, Middle Class, Working Women, Mccain, Obama, McCain Taxes, Legislation, Equal Pay for Equal Work, Minimum Wage, Unemployment, Privatization, Job Layoffs, Election 2008, Health Care, Equal Pay, Taxes, Welfare, Women Voters, Economic Crisis, Congress, Nafta, Outsourcing, Job Market, Women, Job Cuts, McCain Social Security Privatization, Women's Health, Palin, Women and Politics, Economy, Afta, Home News
Susan Kelley-Stamerra

If women aren't looked after in this election, in this economic environment, the losses will be substantial and lasting.

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The Issues Are Enough To Achieve Change

John Bruhns | Posted 08.26.2008 | Politics

Read More: Iraq War, Democratic Convention, John McCain Attack Ads, Job Cuts, Joe Biden Vice President, Iraq Troop Withdrawal, Chinese Government, Universal Health Care, John McCain Iraq War, Barack Obama, Bush Tax Cuts, Politics News
John Bruhns

I became inspired last evening while watching the Democratic convention to write a piece outlining my strong support for the Obama/Biden ticket this November.

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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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