Tag Archive | "severance packages"

Cessna Aircraft Cutting 50 Ohio Jobs

Sunday, August 16, 2009

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Cessna Aircraft Cutting 50 Ohio Jobs

Fifty employees at Cessna’s Columbus, Ohio plant will be notified within two weeks of their impending layoffs, part of the elimination of 1,300 jobs across the firm. Up to 500 Cessna workers will get layoff notices this month. Those affected will get 60 days notice, and severance packages. The firm currently employs 475 in Columbus. The Cessna Aircraft [...]

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Portola Tech Will Relocate, Cut 130 Jobs

Thursday, July 23, 2009

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Portola Tech Will Relocate, Cut 130 Jobs

Portola Tech International will relocate operations from Woonsocket, Rhode Island to Cumberland, and eliminate 130 jobs in November. Severance packages and career counseling will be offered to the employees affected. The Woonsocket plant currently employs 230. Portola Tech International makes plastic packaging components for cosmetic, fragrance and toiletries markets; plus in-house silk screening, hot stamping, and metallizing. Share This [...]

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Independent Health Lays Off 50

Wednesday, July 15, 2009

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Independent Health Lays Off 50

Williamsville, New York’s Independent Health Association will lay off 50 employees, outsource some technology and telecommunications jobs, and selling the majority of its third-party administration business. Affected employees will receive outplacement services and severance. The firm employs 1,000. Founded in 1980 as the outgrowth of a University at Buffalo graduate school research project, Independent Health covers over [...]

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Marshall & Ilsley Cutting Positions in Wisconsin

Wednesday, July 15, 2009

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Marshall & Ilsley Cutting Positions in Wisconsin

Marshall & Ilsley is combining its offices in Appleton and Brookfield, laying off 170 at the former but adding 135 jobs at the latter. Appleton employees are being offered jobs in Brookfield. Those who choose not to relocate will be offered a severance package. The consolidation will be complete at the end of the year. Marshall & Ilsley [...]

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Lockheed Martin to Cut 600 Jobs on Cancelled Presidential Helicopter

Tuesday, July 14, 2009

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Lockheed Martin to Cut 600 Jobs on Cancelled Presidential Helicopter

Lockheed Martin will cut 600 jobs in New York, as the federal government cancels a contract to produce a new presidential helicopter. The cuts affect 25% of the workforce at Lockheed Martin’s Owego, New York plant. The project was originally to cost $6.5 billion, but costs had skyrocketed to $13 billion; and the aircraft would not have [...]

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St. Joseph Health System Eliminating 160 Jobs

Monday, July 13, 2009

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St. Joseph Health System Eliminating 160 Jobs

Orange County, California’s St. Joseph Health System is cutting 159 positions by mid-September. The cuts will affect the system’s three hospitals — St. Joseph Hospital-Orange, St. Jude Medical Center in Fullerton, and Mission Hospital in Mission Viejo — plus the headquarters in Orange. Those laid off will get severance pay, benefit assistance and continuation, and outplacement assistance. St. [...]

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Sunoco Shuttering Damaged Plant, Laying Off 50

Monday, July 6, 2009

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Sunoco Shuttering Damaged Plant, Laying Off 50

Sunoco is permanently closing its ethylene unit at its Marcus Hook, Pennsylvania refinery, after the facility was damaged in an explosion and fire in May. Fifty workers will be laid off. The firm is negotiating with the United Steelworkers to work out details of severance packages. The union represents 700 employees at the refinery. Ethylene is a [...]

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Lockheed Martin to Cut Jobs in California

Monday, June 15, 2009

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Lockheed Martin to Cut Jobs in California

Lockheed Martin has sent layoffs notices to all 535 employees at San Jose, California’s Lockheed Martin Information Systems & Geographic Services. The jobs may cut due to the loss of two defense programs. Layoffs would take place in August, and severance packages will be offered, along with outplacement and an employee assistance support program. Lockheed Martin is [...]

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Hoboken, New Jersey to Lay Off 60 City Workers

Wednesday, May 27, 2009

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Hoboken, New Jersey to Lay Off 60 City Workers

The City of Hoboken, New Jersey is eliminating 60 jobs, or 10% of the city’s municipal workforce. Last week, seven Hoboken employees lost their jobs. The seven layoffs, from administration, Human Services, the City Clerk’s Office, and police & fire dispatchers, will save the city $350,000 a year. They will not get severance, but will have their [...]

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ARCA Biopharma Eliminates 40 Jobs

Friday, May 22, 2009

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ARCA Biopharma Eliminates 40 Jobs

Broomfield, Colorado-based biotech firm ARCA Biopharma has cut 40 employees. Those laid off will get severance packages. ARCA Biopharma, formerly Nuvelo, is a biopharmaceutical company focused on developing genetically-targeted therapies for heart failure and other cardiovascular diseases. ARCA’s lead product candidate Gencaro, a beta-blocker and mild vasodilator, is under review by the FDA for treatment of chronic [...]

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