Layoffs - the best personalized free web-based Email en en Layoffs Cisco Systems announces 1,100 more layoffs SAN JOSE, Calif. (AP) — Cisco Systems Inc. said Wednesday that it is laying off 1,100 more workers, deepening job losses at the internet gear maker battling declining revenue. The new round of layoffs comes on top of the 5,500 jobs Cisco announced it was cutting in August. That amounted to about 7 percent of its workforce at the time. C... Wed, 17 May 2017 23:40:00 GMT 2017-05-17T23:40:00Z Ford to cut jobs as sales level off, stock price lags DETROIT (AP) — Ford is getting leaner as it faces an onslaught of challenges, from slowing U.S. sales to high-tech challengers to its own disgruntled shareholders. The 114-year-old automaker said Wednesday it is cutting 1,400 non-factory jobs in North America and Asia Pacific. The company will offer voluntary early retirement and separation packages to around 10 percent of i... Wed, 17 May 2017 19:45:00 GMT 2017-05-17T19:45:00Z Report: Ford plans job cuts to boost profits DETROIT (AP) — The Wall Street Journal reports that Ford Motor Co. is planning substantial job cuts in order to boost profits and raise its stock price. The newspaper says the cuts would target salaried employees and would reduce Ford's global headcount by an equivalent of 10 percent. Ford didn't confirm the report Monday night. In a st... Tue, 16 May 2017 03:22:00 GMT 2017-05-16T03:22:00Z Fairfax Media cuts staff in Australia after NZ merger tossed SYDNEY (AP) — Struggling Australian publishing giant Fairfax Media said Wednesday it would axe around a quarter of its newsroom staff in Australia, prompting journalists at two of the company's major newspapers to strike. Fairfax's announcement that it would slash 125 editorial jobs at its Australian newspapers came just hours after the company's New Zeal... Wed, 03 May 2017 06:52:00 GMT 2017-05-03T06:52:00Z Etsy replaces CEO, cuts jobs amid shareholder pressure BROOKLYN, N.Y. (AP) — Etsy Inc. is replacing its CEO and cutting jobs as it faces pressure from shareholders upset with its lackluster profits and anemic stock performance. The online crafts marketplace said Tuesday that it has named board member Josh Silverman as CEO, replacing Chad Dickerson, who also stepped down as board chairman. T... Tue, 02 May 2017 22:53:00 GMT 2017-05-02T22:53:00Z Tillerson surveys State Department workers ahead of overhaul WASHINGTON (AP) — Secretary of State Rex Tillerson sought to show Monday that he is taking the views of his workforce seriously as he prepares a major State Department overhaul involving significant job and budget cuts. In an email to State Department employees, Tillerson said he was "asking for your participation" in the discussion about the agency's fut... Tue, 02 May 2017 03:03:00 GMT 2017-05-02T03:03:00Z Tillerson eyes cutting 2,300 jobs at State Department WASHINGTON (AP) — Secretary of State Rex Tillerson is proposing to eliminate 2,300 jobs as part of a plan to cut more than a quarter of the State Department's budget for the next fiscal year, officials said Friday. The plan will almost certainly meet resistance from lawmakers opposing President Donald Trump's proposal to shrink the size of the federal government. ... Fri, 28 Apr 2017 19:37:00 GMT 2017-04-28T19:37:00Z ESPN laying off 100 broadcasters, writers as viewers dwindle NEW YORK (AP) — ESPN is laying off about 100 employees, including former athletes-turned-broadcasters Trent Dilfer, Len Elmore and Danny Kanell, in a purge designed to focus the sports network on a more digital future. The cuts will trim ESPN's stable of on-air talent and writers by about 10 percent. The 37-year-old network has been squeezed by rising fee... Thu, 27 Apr 2017 01:11:00 GMT 2017-04-27T01:11:00Z Cost cuts at Coca-Cola go deeper, including jobs ATLANTA (AP) — Coca-Cola's sales declined in the first quarter as it restructured its business, and the world's biggest beverage maker said it will cut 1,200 jobs starting later this year as it deepens its cost-cutting. The maker of Fanta, Sprite and Smartwater said the job cuts will come from its corporate staff around the world. That would represent abo... Tue, 25 Apr 2017 16:39:00 GMT 2017-04-25T16:39:00Z CSX predicts 25 percent profit jump as restructuring begins OMAHA, Neb. (AP) — CSX Corp. expects to deliver a 25 percent increase in profits this year as the railroad works to streamline operations under new CEO Hunter Harrison. The Jacksonville, Florida-based railroad said Thursday that its earnings per share will jump about 25 percent over last year's $1.81, but that excludes restructuring costs. Thu, 20 Apr 2017 20:08:00 GMT 2017-04-20T20:08:00Z Boeing to issue layoff notices to hundreds of employees EVERETT, Wash. (AP) — Boeing will issue hundreds of layoff notices to engineers in Washington state this week. The Daily Herald reported Monday ( that a memo from the company's vice president of engineering for Boeing Commercial Airplanes John Hamilton says the cuts are necessary to stay competitive. Hamilton also s... Tue, 18 Apr 2017 00:15:00 GMT 2017-04-18T00:15:00Z Pope warns of 'very grave sin' when jobs are cut unjustly VATICAN CITY (AP) — Pope Francis said Wednesday that employers who fire workers for unclear economic reasons are committing a "very grave sin" and should ensure dignified work for all their employees. Francis made the comments at his Wednesday general audience after appealing for a resolution to a labor dispute at Sky Italia, where employees are facing jo... Wed, 15 Mar 2017 11:58:00 GMT 2017-03-15T11:58:00Z Employers lift hiring in 13 states in January, cut jobs in 1 WASHINGTON (AP) — Employers boosted hiring in 13 U.S. states in January, while employment changed little in 36 states. The Labor Department says Alaska is the only state to show a significant decline in jobs, shedding 2,100. Nationwide, hiring picked up in January as employers added 238,000 jobs, a clear improvement over last year's ave... Mon, 13 Mar 2017 15:18:00 GMT 2017-03-13T15:18:00Z GM sheds money drain, gains cash with sale of European unit DETROIT (AP) — By shedding the bulk of its European operations, General Motors is getting rid of a perennial money drain and gaining essential cash that it can use to reward shareholders and invest in future technology such as electric cars and ride-sharing. The Detroit automaker also indicated that it may pull out of more unprofitable markets in the futu... Mon, 06 Mar 2017 21:46:00 GMT 2017-03-06T21:46:00Z GM eliminating shift at Michigan plant; 1,100 jobs affected DETROIT (AP) — General Motors Co. is laying off 1,100 workers at an assembly plant in Michigan. GM says it's ending the third shift at its Lansing Delta Township plant because one of its products — the GMC Acadia SUV — is moving to Spring Hill, Tennessee. The Lansing plant will still have two shifts building the Buick Enclave and Chevro... Mon, 06 Mar 2017 16:41:00 GMT 2017-03-06T16:41:00Z Climate, other programs get deep cuts in EPA budget proposal WASHINGTON (AP) — The Trump administration would slash programs aimed at slowing climate change and improving water safety and air quality, while eliminating thousands of jobs, according to a draft of the Environmental Protection Agency budget proposal obtained by The Associated Press. Under the tentative plan from the Office of Management and Budget, the... Sat, 04 Mar 2017 03:43:00 GMT 2017-03-04T03:43:00Z Hershey expects to cut 15 percent of global workforce NEW YORK (AP) — Hershey says it expects to cut its global workforce by about 15 percent, with the reductions coming mostly from hourly employees outside the United States. The Pennsylvania-based maker of Reese's, Kit Kat and Twizzlers also cut its long-term sales growth forecast to between 2 percent and 4 percent, down from the previous 3 percent to 5 percent. Hershey, which... Wed, 01 Mar 2017 20:52:00 GMT 2017-03-01T20:52:00Z Industry: Philadelphia soda tax killing sales, layoffs loom PHILADELPHIA (AP) — Some Philadelphia supermarkets and beverage distributors say they're gearing up for layoffs because the city's new tax on soft drinks has cut beverage sales by 30 percent to 50 percent — worse than the city predicted. Jeff Brown, who owns six local ShopRite supermarkets, told The Philadelphia Inquirer ( ) he expect... Wed, 22 Feb 2017 19:42:00 GMT 2017-02-22T19:42:00Z Sears may sell land, cut jobs to save $1B; shares soar NEW YORK (AP) — Sears may sell more locations, cut more jobs and put more of its famous brands on the block as part of its latest plan to revive the faltering retail chain. The company, which also owns Kmart, said Friday that it is cutting costs by at least $1 billion a year. It also said that it was adding $140 million in liquidity by reworking its debt, giving the company ... Fri, 10 Feb 2017 15:11:00 GMT 2017-02-10T15:11:00Z Refugee resettlement agencies brace for funding loss SALT LAKE CITY (AP) — Refugee resettlement organizations are bracing for significant funding cuts and possible layoffs over the coming months during President Donald Trump's temporary refugee ban. The agencies receive a certain amount of federal dollars per refugee they help resettle, which means they would lose a key source of funding unless the Trump administration provide... Sat, 04 Feb 2017 11:27:00 GMT 2017-02-04T11:27:00Z Trump's choice for labor secretary outsourced jobs WASHINGTON (AP) — President Donald Trump's pick for labor secretary outsourced his fast-food company's technology department to the Philippines, a move that contradicts Trump's vow to keep American jobs in the U.S. Trump has blasted, threatened and tried to charm American companies that have so much as contemplated moving jobs overseas, saying he's sticki... Fri, 27 Jan 2017 08:27:00 GMT 2017-01-27T08:27:00Z Pandora shares up on stronger 4Q outlook, job cut plans NEW YORK (AP) — Pandora's stock is climbing Friday after the online radio company provided a stronger fourth-quarter revenue outlook and announced plans to cut approximately 7 percent of its workforce. Pandora said late Thursday that the job cuts, which would exclude Ticketfly, are being done to help trim overall operating costs. The Oakland, California-b... Fri, 13 Jan 2017 15:54:00 GMT 2017-01-13T15:54:00Z Amazon plans to hire 100,000 over the next 18 months NEW YORK (AP) — Amazon plans to hire 100,000 full time workers over the next 18 months, highlighting its ambitious expansion plans — and the sharp contrast the e-commerce powerhouse strikes against traditional brick-and-mortar retailers, many of which are cutting jobs and closing stores . Amazon has long been known for investing the money it makes back in... Thu, 12 Jan 2017 21:54:00 GMT 2017-01-12T21:54:00Z Obama's final jobs report: Big pay gain, slower hiring WASHINGTON (AP) — Americans' paychecks rose in December at the fastest pace in more than seven years as steady hiring and low unemployment led some businesses to pay more to attract and keep workers. Employers added 156,000 jobs, a decent total that shows that moderate hiring remains sustainable 7½ years after the recovery from the Great Recession began. The report provided ... Fri, 06 Jan 2017 21:47:00 GMT 2017-01-06T21:47:00Z Macy's to close stores, cut jobs amid weak sales Macy's says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures after a disappointing holiday shopping season. The department store chain also lowered its full-year earnings forecast. The retailer said Wednesday that sales at its established stores fell 2.1 percent in November and December compared to the same period l... Thu, 05 Jan 2017 00:40:00 GMT 2017-01-05T00:40:00Z Trump's latest US corporate Twitter target: General Motors DETROIT (AP) — In another tweet targeting a U.S. company, President-elect Donald Trump threatened Tuesday to slap a tax on General Motors for importing compact cars to the U.S. from Mexico. But GM imports only a small percentage of its Chevrolet Cruze small cars from Mexico, with the vast majority made at a sprawling factory complex in Lordstown, Ohio, east of Cleveland. ... Tue, 03 Jan 2017 19:01:00 GMT 2017-01-03T19:01:00Z Hiring rises at robust pace in 9 US states last month WASHINGTON (AP) — Employers stepped up their hiring in nine U.S. states last month and cut jobs in two amid modest improvement in the nation's labor market. The Labor Department said Friday that unemployment rates fell sharply in 18 states and were little changed in 32 states. Florida reported the largest job gain in November, adding 29... Fri, 16 Dec 2016 19:12:00 GMT 2016-12-16T19:12:00Z Australian firm to give up Thai gold mines, may go to Chile BANGKOK (AP) — An Australian mining company said Wednesday it was shutting down its gold mines in Thailand, laying off more than 1,000 workers and focusing on projects in Chile. It said and will not come back unless it gets an "ironclad guarantee" from the government that it will be allowed to operate without interruptions A Cabinet resolution and an exec... Wed, 14 Dec 2016 10:41:00 GMT 2016-12-14T10:41:00Z SeaWorld cutting 320 jobs in restructuring ORLANDO, Fla. (AP) — SeaWorld Entertainment Inc. is eliminating 320 jobs across its 12-park company. Company officials said Tuesday in a statement that the goal of the restructuring is to eliminate costs and improve the company's operations. The job eliminations involve both salaried and hourly workers. The company says it will offer se... Tue, 06 Dec 2016 17:21:00 GMT 2016-12-06T17:21:00Z New Mexico budget crisis rears its head in courts, colleges SANTA FE, N.M. (AP) — New Mexico's grinding budget crisis is taking a toll in courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cuts. A prolonged downturn in oil and natural gas markets continued to ... Sun, 04 Dec 2016 23:41:00 GMT 2016-12-04T23:41:00Z