layoffs
layoffs Articles
Call it part of the implosion of the American newspaper industry. A 126-year-old, Pulitzer Prize-winning daily newspaper will lay off its entire staff as it changes ownership.
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As more and more newspapers close, and others cut staffs to the point where they cannot be effective at the examination and reporting of local events and politics, the industry's nosedive has...
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The list of daily newspapers that have shut down grows more rapidly by the year, not to mention those that have had massive layoffs.
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Ford has come up with a plan to breathe new life into its sinking European business. Firing 12,000 workers is at the top of the list.
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The Reading Eagle may not be the last paper that survives mostly in name only. The newspaper industry's tragedy is far from over.
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Ford has announced that it will cut about 10% of its total workforce by the end of August as part of its larger restructuring.
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Merrimack Pharmaceuticals shares dipped on Friday after the firm announced that it would be discontinuing one of its cancer drugs as well as conducting layoffs.
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Most large and midsized metro newspapers had sales erosion of 5% to 12% last year, and the drop in revenue is expected to continue this year.
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While not related, the plague of firings across some of the world's largest companies is an ominous sign of restructuring among corporations bent on cutting costs due to economic conditions.
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McDonald's just bought a tech company that can change store menus based on what customers might add to menu items they have already selected or what people are more likely to order in the morning or...
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Rite Aid shares made a sizable jump on Wednesday morning after the firm announced that there would be some changes in its executive leadership as well as some restructuring.
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A consolidation almost certainly would kill dozens of jobs at the corporate level and others in geographic areas where the two companies have properties that overlap.
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Activision Blizzard shares dipped on Monday after reports that the video game firm plans to announce some job cuts along with its earnings report late on Tuesday.
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In a worrying start to the year, major companies laid off 52,988 workers in January, up 20.7% from December and up 18.7% from January a year ago. The data show a mixed trend. Long term, January 2019...
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Tesla's CEO said he could cut his workforce 7%, even though the company needs to increase production of its inexpensive Model 3. He did not make it clear how he could both cut staff and increase...
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