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Layoffs

  • US employers post more jobs, cut fewer workers

    U.S. employers advertised more job openings in January, suggesting that hiring will remain healthy in coming months. Job openings rose 2.2 percent in ... 

  • Google cutting 1,200 more Motorola jobs

    Google is cutting an additional 1,200 jobs in its Motorola division as the unprofitable cellphone maker struggles to compete. Last summer, Google Inc. 

  • Weekly US unemployment claims fall to 340,000

    The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest ... 

  • Weekly US unemployment aid claims drop to 344K

    The number of Americans seeking unemployment aid fell 22,000 last week to a seasonally adjusted 344,000, evidence that the job market may be picking ... 

  • Caterpillar to cut 1,400 jobs at plant in Belgium

    Construction equipment maker Caterpillar says it will cut more than one in three jobs at its Belgian plant because of high labor costs and sluggish ... 

  • JPMorgan to scale back troubled-mortgage jobs

    JPMorgan will trim about 19,000 jobs over the next two years but cast a positive spin on the news: It is shrinking the unit it had beefed up to handle ... 

  • Best Buy to cut 400 jobs at headquarters

    Electronics chain Best Buy Co. says it is cutting 400 jobs at its headquarters as part of a larger $725 million cost-cutting plan. The cuts are part ... 

  • Workers at Spain's Iberia begin 15 days of strikes

    Protesters clashed with police at Madrid's international airport as ground staff and cabin crews for Spain's Iberia began 15 days of strikes to ... 

  • Thomson Reuters to cut 2,500 jobs

    News and financial information company Thomson Reuters on Wednesday said it is cutting 2,500 jobs, or about 4 percent of its workforce, this year as ... 

  • Rhode Island struggles with highest unemployment

    Mark Simmons began dialing Rhode Island's unemployment call center at 8 a.m. on a recent Monday. He got a busy signal. He tried 67 more times before ... 

  • Tire workers confront French police over layoffs

    Workers fired flares and paint bombs and riot police answered with tear gas in a standoff Tuesday over layoffs at a French plant for U.S. 

  • Spain's Iberia presents major layoff plan

    Spanish airline Iberia has presented a plan to cut almost a fifth of its workforce nearly a week ahead of a first round of strikes by labor unions ... 

  • Spain's Iberia workers call strikes over layoffs

    Labor unions representing most workers in Spain's Iberia airline have called 15 days of strikes to protest the company's plans to lay off 4,500 ... 

  • Time Inc. cuts 500 people, 6 pct of workforce

    Time Inc., the magazine unit of Time Warner Inc., says it is cutting 6 percent of its global staff of 8,000, or about 500 people. The cuts began ... 

  • Daimler truck layoffs coming in NC, SC, Ore.

    Daimler Trucks North America said Tuesday it was warning thousands of workers that potentially large layoffs could be coming at manufacturing plants ... 

  • 6 police injured in fight with steel workers

    Six Belgian police officers were injured in Tuesday's scuffles with some 2,000 steel workers protesting plans to lay off 1,300 workers at several ... 

  • Coal decline hits fuel's Western stronghold

    Hundreds of millions of tons of coal, packed into seams up to 60 feet thick, are still to be had beneath the rock-strewn hillsides speckled with snow ... 

  • Practically human: Can smart machines do your job?

    Art Liscano knows he's an endangered species in the job market: He's a meter reader in Fresno, Calif. For 26 years, he's driven from house to house, ... 

  • As layoffs keep dropping, hopes rise for job gains

    Employers are laying off fewer workers, a trend that normally suggests hiring is picking up. The January jobs report next week will show whether ... 

  • Rosser Pryor

    Manufacturers cutting white-collar jobs now, too

    Manufacturers have been using technology to cut blue-collar jobs for years. Now, they're targeting their white-collar workers, too. Factory Automation ... 

  • Commerzbank to cut up to 6,000 jobs

    Germany's second-biggest bank, Commerzbank AG, says it plan to cut as many as 6,000 jobs over the next three years as it tries to reduce costs. 

  • Lloyds Banking Group cuts 940 jobs

    Part-nationalized Lloyds Banking Group says it is eliminating 940 jobs in a continuing reduction of its payroll. Lloyds announced Wednesday that it ... 

  • Legal expenses drag down Citigroup 4Q earnings

    Citigroup's fourth quarter earnings fell short of Wall Street's expectations as the bank's legal expenses rose and it released less money from its ... 

  • Nokia sheds 300 IT jobs, transfers 820 workers

    Struggling Nokia Corp. is downsizing by more than 1,000 jobs, part of a wide-ranging plan to cut costs and streamline operations. The Finnish firm ... 

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