Layoffs
-
400 Laid Off at Ellis Island, Statue of Liberty
Damage from Hurricane Sandy has forced the popular tourist attractions to close. Repairs could take months.
-
Motorola Mobility Cuts to Include 700 Jobs
Google-owned Motorola Mobility plans to cut jobs below the 2,500 mark and expects its headcount to drop to 2,256.
-
Miller School of Medicine at University of Miami Plans to Lay Off 800 Workers
The University of Miami Health System filed a Worker Adjustment and Retraining Notification with the state of Florida, disclosing its intention to cut 800 positions on July 31. Layoffs of more than 500 employees must be disclosed at least 60 days in advance.
-
Racial Disparities in 401(k) Accounts Found: Aon
Among the employees who reported pulling money out of their retirement savings, two-thirds indicated they needed the cash for an emergency, debt or day-to-day living expenses.
-
Court: Warehouse Can't Fire Contract Workers
A California judge ruled the workers, who are suing the warehouse and staffing provider, would likely be able to prove the firing was retaliatory.
-
Kraft to Cut 1,600 Jobs in U.S., Canada
The Northfield, Illinois-based company will reorganize its domestic sales team, consolidate its U.S. management centers and trim the corporate and business units.
-
Archer Daniels Midland Announces Plan to Cut 1,000 Jobs
The cutbacks represent 3 percent of the company's total workforce, according to a release issued Jan. 11.
-
Today's Workforce—Pressed and Stressed
While politicians and pundits fret about unemployment and underemployment rates, growing numbers of employees are under pressure to do more. The resulting “work-more economy” threatens not just workers' sanity but companies' long-term success.
-
Employment-Based Coverage Fell Sharply During Great Recession: Analysis
The drop in employment-based coverage is directly linked to the slump in the economy, according to the analysis, which is based on U.S. Census Bureau data.
-
Morgan Stanley to Pare Workforce by 1,600
Reps are safe, but 'business won't entirely escape the belt-tightening.'
-
Nothing Seems to Be Clicking
Experts predict that the hiring drought, which has overtaken the U.S. employment landscape over the past few years, will continue in 2012 as companies are still cautious about the recovery.
-
SHRM Survey Reveals Help Wanted Sign is Out—Sort Of
Companies this past year began hiring replacements for laid-off workers, but the percentage hiring for new jobs took a nosedive.
-
EEOC to Hold Public Meeting on Guidance for Age Discrimination in Employment Act
According to background information issued by the EEOC last year, the proposed rule emphasizes the need 'for an individualized, case-by-case approach to determining whether an employment practice is based on reasonable factors other than age.'
-
Survey: HR Expecting Higher Bonuses Ahead
Human resources executives are by far the most optimistic group of professionals regarding extra pay surveyed by Robert Half, which polled the bonus expectations of people in such occupations as accounting, technology, law and advertising.
-
Data Bank Focus: Unemployment
While the overall U.S. unemployment rate has dropped 0.4 percentage points in the past year, from 9.5 to 9.1, there has been disparity among racial and ethnic groups. In fact, for blacks, the rate has risen 0.7 percentage points.
-
Courts Ruling on WARN Act Could Benefit Employers
The Worker Adjustment and Retraining Notification Act requires employers with 100 or more employees to provide at least 60 days’ notice to workers of plant closings or mass layoffs.
