5200 teachers in Connecticut will keep their jobs thanks to $612 million for education from the American Recovery and Reinvestment Act. Federal officials had singled out Connecticut for using the money to shore up holes in its budget instead of investing in schools, prompting state officials to show that they had spent the money [...]
Continue reading...Tuesday, August 25, 2009
Connecticut-based home health care manager CareCentrix will open a facility in Overland Park, Kansas, creating 150 jobs next year. The firm will hire 90 people by February 2010. East Hartford, Connecticut’s CareCentrix is the nation’s leading home health benefits manager, serving 20 million clients. It has locations in Melville, New York; Tampa, Florida; and Phoenix and Albuquerque, [...]
Continue reading...Friday, July 24, 2009
Pratt & Whitney will relocate jobs its Cheshire, Connecticut repair plant to other company plants, in Columbus, Georgia and in Singapore. And an East Hartford airfoil repair plant would be closed, and its jobs sent overseas. One thousand jobs are in danger. Pratt & Whitney is an American aircraft engine manufacturer of products widely used in both [...]
Continue reading...Thursday, July 23, 2009
IMS Health will cut 850 jobs in the wake of a 19% drop in profits for Q2 2009. The cuts will include both layoffs and vacant positions. The firm employs 7,500 people globally. IMS Health is an international company that supplies the pharmaceutical industry with sales data and consulting services. IMS Health was founded in 1954 by [...]
Continue reading...Wednesday, July 15, 2009
The State of Missouri is giving Danbury, Connecticut’s Praxair $92,913 in Enhanced Enterprise Zone tax credits to upgrade its Kansas City plant, creating three jobs. The plant supplies oxygen, nitrogen and argon to area companies. It currently employs 22 people. Praxair is the largest industrial gases company in the Americas, and one of the largest worldwide. The [...]
Continue reading...Wednesday, June 24, 2009
East Hartford, Connecticut-based jet engine manufacturer Pratt & Whitney is cutting 200 salaried jobs, less than 1% of its 37,000-strong workforce. One hundred and seventy cuts affect the Connecticut HQ. Pratt & Whitney is an American aircraft engine manufacturer of products widely used in both civil and military aircraft. In addition to aircraft engines, Pratt & Whitney [...]
Continue reading...Saturday, April 25, 2009
The Stanley Works, which in December cut 2,000 jobs, will cut another 550 by the Summer. It plans to save $33 million. New Britain, Connecticut-based Stanley has 1,300 employees in the state. The Stanley Works is a manufacturer of tools and hardware, and provider of security and mechanical access solutions. The company was created by the 1920 [...]
Continue reading...Tuesday, April 21, 2009
Carter’s, owner of OshKosh B’Gosh, announced that 100 positions at the child apparel company’s headquarters in Oshkosh, Wisconsin will be relocated or eliminated by the end of 2009. Some jobs will go to Carter’s plant in Shelton, Connecticut, or to its corporate HQ in Atlanta, Georgia. Founded in 1898 as a small-town manufacturer of adult work clothing, [...]
Continue reading...Monday, April 20, 2009
Legg Mason laid off 40 admin and support workers Friday, including five at its Baltimore HQ. The job cuts largely targeted Connecticut, with some in New York. Legg laid off 20 administrative employees in March, and 200 employees in December. The firm owns Western Asset Management, which cut 100 jobs in March. Founded in 1899, Legg Mason is [...]
Continue reading...Thursday, April 16, 2009
Swiss Bank UBS will cut 2,000 positions in its US wealth management business, beginning next week. The bank is cutting its headcount globally by 8,700. The US layoffs will target lower-producing financial advisers, new brokers and support staff. UBS AG is a diversified global financial services company, with its main headquarters in Basel and Zürich, Switzerland. It is [...]
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Monday, November 2, 2009
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