NTELOS, a telecommunications provider based in Virginia, announced that it was planning to cut an unspecified number of jobs. The job cuts will be primarily in support positions and not in areas the deal directly with customers. Some jobs will be eliminated through early retirement or by not filling vacant positions, and the [...]
Continue reading...Monday, October 19, 2009
The New York Times is eliminating 100 jobs from its newsroom but say it hopes most of those will come through buyouts and early retirements. The newspaper mailed all 1,225 newsroom employees with the details of the buyout, which offers two week’s salary for every year worked with the company. Last year the [...]
Continue reading...Friday, October 9, 2009
In early September, Valero Energy announced it was cutting 150 jobs at its Delaware refinery. The company, which has been hit hard by the recession, is eliminating 100 jobs at it’s facility in Paulsboro, New Jersey. No layoffs are anticipated; the company hopes to eliminate enough jobs through retirement incentives to avoid having [...]
Continue reading...Tuesday, July 14, 2009
United Space Alliance, NASA’s primary contractor for the space shuttle program, will lay off 400 employees in October, as the program winds down. The final shuttle launch will be in September 2010. Layoffs may be avoided through early retirements. More than half of the jobs targeted are in Florida. United Space Alliance is a spaceflight operations company, [...]
Continue reading...Friday, June 12, 2009
The University of Minnesota will lose 1,200 jobs under the new state budget. That’s because it will lose $177 million in state funding over the next two years. Most of the reduction will be through attrition, and four hundred and fifty university employees have taken an early retirement incentive. The University of Minnesota is a large university [...]
Continue reading...Friday, May 29, 2009
General Electric will cut 60 jobs from its plant in West Burlington, Iowa, which manufactures low-voltage switchgear. Some of the reductions will come from early retirees. The facility currently employs 313 people. As of the 2000 census, West Burlington had a population of 3,161. The General Electric Company, or GE, is a multinational technology and services conglomerate incorporated [...]
Continue reading...Tuesday, May 12, 2009
Delta Air Lines wants to cut an unspecified number of pilot jobs through early retirement incentives, according to the pilots’ union. Active pilots who meet age and length-of-service requirements would be eligible for a severance payment, medical and dental benefits for a limited period of time, and retiree travel benefits. The airline has cut other staff through [...]
Continue reading...Friday, May 1, 2009
Sony Hawaii will cut 31 employees, or 44% of its workforce, through buyouts and layoffs in June. Seventeen employees have taken early retirement packages, and another 14 will be laid off, mostly sales and administrative workers. Sony Hawaii is part of , headquartered in San Diego, California. Sony Electronics is the largest component of Sony Corporation of [...]
Continue reading...Monday, April 20, 2009
Louisville, Kentucky-based liquor manufacturer Brown-Forman will cut its work force by 250 employees, mostly in the United States and Mexico. The remainder of the layoffs will affect Europe and the Asia-Pacific. The maker of Jack Daniel’s Tennessee Whiskey employs 4,100 people. The distiller is offering early retirement to certain US workers; eliminating merit increases; and cutting [...]
Continue reading...Monday, April 13, 2009
Detroit Mayor Kenneth Cockrel Jr. has proposed a 2010 city budget that would eliminate 826 jobs, 509 of which are currently vacant. He also proposes an early retirement program, for workers with more than 30 years of service, to reduce involuntary layoffs. The $3.6 billion spending plan is for the fiscal year that begins July 1st, and [...]
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Tuesday, November 10, 2009
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