Saks passed out 116 pink slips at it’s store on 5th Avenue in New York according to sources cited by the New York Post. The jobs are all in the cosmetics and fragrance department and come as the retailer moves toward letting highend companies like Chanel and Lancome fully staff the counters by themselves. [...]
Continue reading...Friday, December 4, 2009
The Journal News, owned and operated by Gannet Co. and located just outside of New York City, is cutting 165 jobs. The job cuts will come as it outsources its printing and mailing operations to a company in New Jersey. The Journal News will also put its headquarters on the market. Once [...]
Continue reading...Wednesday, December 2, 2009
Concord Textile Care Products is creating a new line of cleaning products that do not use the dry cleaning solvent perchloroethylene (PERC). The company will invest $1.4 million at its plant in Buffalo for production of the new products. Most of that money will be returned to the company through tax credits and [...]
Continue reading...Wednesday, November 25, 2009
Adidas, which supplies game day jerseys for the NBA and some NFL teams, has cancelled it’s contract with New York’s American Classic Outfitters. Adidas is the sole client for the company, which employs 100 people. The move comes in the middle of a multi year contract and after American Classic Outfitters invested over [...]
Continue reading...Tuesday, November 24, 2009
Supermarket company Penn Traffic recently filed for Chapter 11 bankruptcy and announced today a plan to close 53 stores in New York, leaving over 4000 people without jobs. In addition to store employees, over 600 people who work at two warehouses operated by the company will be let go. The company filed for [...]
Continue reading...Thursday, November 12, 2009
Stiefel Labs, a maker of dermatology and skin-care products, was bought out by GlaxoSmithKline in July of this year. GSK announced on wednesday that it plans to shut down the New York laboratory and move the work from there to other domestic and international locations. The plant employs 260 people who will be [...]
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, September 28, 2009
It looks as though the state of New York may be joining the rest of the country as its options are pointing more and more towards layoffs. New York had remained an exception among the larger states by not cutting its 200,000-person payroll. “We’ve not had to furlough or lay off any workers, but the means [...]
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Wednesday, December 16, 2009
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