Macy’s Inc. will eliminate 1,500 store-level jobs effective March 6, Bloomberg is reporting. The news agency reports Macy’s is firing department managers and merchandising team managers and that full-time stock positions will also be cut. Earlier this month, Macy’s announced it was closing five of its underperforming stores, which would affect 307 employees. Macy’s is the second-biggest [...]
Continue reading...Tuesday, November 10, 2009
Adobe Systems, maker of popular software packages such as Acrobat, Dreamweaver, and Flash, announced today that it is planning another round of layoffs. Employees from the recently acquired Omniture will not be affected. The expected total is 680 jobs, but no details have been provided yet as to where or when the layoffs [...]
Continue reading...Thursday, November 5, 2009
Time Inc. has just begun what will be a major series of layoffs. Around 15 to 20 sales and marketing employees were laid off from Time Inc.’s news group. Most of the layoffs are reported to have come from Sports Illustrated. This is just the tip of the ice berg as a Time Inc. is expected [...]
Continue reading...Thursday, October 29, 2009
Update: This is an update to the Iowa budget crisis we blogged about last week. Iowa Governor Chet Culver accepted a deal to slash $520 million from the budget, ordering unpaid furlough days as well as requesting that unions renegotiate contracts in lieu of layoffs. “The good news here is we’re making progress,” said the governor. The governor’s [...]
Continue reading...Friday, October 23, 2009
French company Alstom SA is laying off 500 people at its rail assembly facility in western New York, leaving 200 to 300 employees at the plant. The plant has only one active contract, building rail cars for New York’s MTA. The firm plans to bid for contracts next year to build cars for [...]
Continue reading...Monday, October 12, 2009
Employees at the University of Toledo Medical Center were notified on Monday about another round of layoffs. 50 Employees are in danger of being laid off as the medical center attempts to reduce operating expenses. According to Tobin Klinger, a spokesman for the university, the precise number of layoffs will depend on bumping rights among union [...]
Continue reading...Sunday, October 11, 2009
Massachusetts’ Lieutenant Governor Timothy P. Murray cautioned on Friday that layoffs of state employees would be announced next week. “There will be layoffs that will occur,” Murray said after an hour long meeting with mayors from across the state. He did not go into specifics. Governor Deval Patrick was at the meeting on Beacon Hill along with [...]
Continue reading...Wednesday, October 7, 2009
The city of Tracy, California is preparing to lay off 70 city employees as they attempt to balance their unhappy budget. City finance director Zane Johnston said the layoffs would come in response to what is “simply a revenue problem. We have to reduce the size of our organization, there is no other alternative. During the ‘09-‘10 [...]
Continue reading...Tuesday, October 6, 2009
Life sciences supply company Thermo Fisher sent out a press release to local media Tuesday afternoon announcing the closure of its Dubuque facility, taking a total of 350 jobs with it. The layoffs will begin in January 2010 and the plant will come to a final close September 2010. The release cited a number of reasons for [...]
Continue reading...Monday, October 5, 2009
Washington DC laid off 388 school employees, including more than 200 teachers, on Friday. At the same time, struggling security company Hawk One, which supplied security guards for the 127 public schools in the district, went out of business. Schools in DC opened this morning without security guards and short on staff as [...]
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Thursday, January 28, 2010
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