Lay-offs/Redundancies

Big-Company Bankruptcies Hang Over Economy

Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link

9 months ago

Meatpacking Plant Closures Cut Deep for Small-Town Economies

Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the…

9 months ago

When a Congressman Challenged Disney on China, It Laid Off Beijing Staff

Disney’s China layoffs led to technical malfunctions and delayed efforts to troubleshoot. Source link

10 months ago

UAW Poised to Expand Strike to More Auto Plants

The union would identify the factories Friday morning, barring any last-minute signs of significant movement in labor-contract talks with GM,…

10 months ago

Walgreens Chief Executive Steps Down

Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator. Source link

10 months ago

Dick's Sporting Goods Blames Theft for Profit Woes

The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job…

11 months ago

Yellow Files for Bankruptcy After Shutting Down

The bankruptcy follows years of struggles as it tried to address the debt it accumulated through a series of mergers…

11 months ago

Space Companies Struggle to Meet Lofty Goals

Newer industry players are cutting jobs, trimming spending and reining in plans. Source link

11 months ago

Amazon Delivers Surprisingly Strong Profit

The earnings report shows strong growth in consumer e-commerce, balancing out a continued slowdown in cloud-computing sales. Source link

11 months ago

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs Source link

11 months ago