Prepare for Corporate Layoffs

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Archive for March, 2009

LORAIN — The layoffs of seven Lorain firefighters will be rescinded today as city officials head back to the negotiating table with the department’s union. The city planned to layoff seven firefighters at 7:30 a.m. on April 5 and also demote …

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Just last summer, bosses were struggling to find enough workers. But now, those same bosses are talking cutbacks and layoffs. Houston used to seem immune from recession, creating thousands of new jobs as many other cities ground to a halt. Local …

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CRANSTON, R.I. (WPRI) - Calling the city’s financial situation a “sinking ship,” Cranston Mayor Allan Fung is proposing dozens of layoffs and tax increases to pull it out of the red. Mayor Fung presented his budget to the City Council Monday night …

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More people in the Merrimack Valley are out of work today, but local officials said it’s not companies here pushing residents into unemployment lines. “There have been no major plant closings or downsizing (here), just a constant flow of worker …

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School officials are “very confident” the division will be able to use the federal stimulus money coming its way to avoid layoffs, Superintendent W. Randolph Nichols told the School Board on Monday evening. At the same meeting, the board unanimously …

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There is no better investment in our economic recovery than an investment in education. In the next few weeks, we’ll have the chance to put this well-researched theory into practice. Federal funds for public education are a major component of the …

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LAKE BUENA VISTA, Fla. (WOFL FOX 35) - Walt Disney World has announced that layoffs are ongoing, but has not confirmed exactly how many people have or will be losing their jobs. The cuts to its workforce were first announced at the end of February …

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Google is jettisoning nearly 200 workers in its largest round of layoffs yet, demonstrating that even highly profitable companies are feeling the recession’s pinch. The job cuts announced Thursday affected less than 1 percent of the 20,200 workers …

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Computer giant IBM Corp., in a major shift, is expected to cut off around 5,000 U.S. jobs and transfer them to cost effective regions like India. A source at IBM says the cuts will come from the services division and workers will be informed Thursday …

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