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Keyword: layoffs

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  • Blackhawk Mining announces closure of facilities in southern West Virginia

    10/09/2019 6:49:45 AM PDT · by buckalfa · 21 replies
    WV MetroNews ^ | October 8, 2019 | Jake Flatley
    LOGAN, W.Va. — Three underground coal mines and two preparation plants in Logan and Mingo counties have been idled by Kentucky based company Blackhawk Mining and its subsidiaries. Blackhawk announced Tuesday afternoon saying the affected operations are the Washington Underground Mine, Muddy Bridge Underground Mine, Buffalo Underground Mine, Fanco Preparation Plant and Loadout in Logan County and Mingo 1 Preparation Plant and Mingo 2 Scaggs Loadout in Mingo County. “It’s sad and it’s disturbing,” Bill Raney, the President of the West Virginia Coal Association told MetroNews of his reaction to the news. “It’s just a matter that the coal market...
  • WeWork to lay off a 'QUARTER of its 12,500 workforce' after company ousts [tr]

    10/04/2019 1:18:55 PM PDT · by C19fan · 44 replies
    UK Daily Mail ^ | October 4, 2019 | Keith Griffith
    Coworking startup WeWork plans to lay off up to a quarter of its workforce following the ouster of CEO Adam Neumann, according to a new report. WeWork plans layoffs 'in the thousands', though less than the 3,000 to 5,000 number that had been previously reported, a person familiar with the matter told Business Insider. The company has 12,500 employees, so a cut of 1,000 to 3,000 people would be about 10% to 25% of its staff. Following backlash from investors over a dubious business model, Neumann stepped down last month, and new CEOs Artie Minson and Sebastian Gunningham put plans...
  • Nolte: Media Face 12,000 Job Cuts, Most Since 2009 Economic Crash

    07/05/2019 7:31:05 PM PDT · by RightGeek · 62 replies
    Breitbart ^ | 7/5/2019 | John Nolte
    The American media will be hit with nearly 12,000 job cuts in 2019, the highest number since the economic crisis of 2009. “The consultancy Challenger Gray & Christmas reported this week media companies, which include movies, television, publishing, music, and broadcast and print news, announced plans to cut 15,474 jobs so far this year, of which 11,878 of which were from news organizations” reports AFP. This is a huge increase over 2017’s 4,062 media job cuts and, according to the article at least, this is primarily happening due to paywalls and ad revenue. A number of media outlets are installing...
  • Upstate prisons to absorb some of the workload after Shaw Industries’ Clinton plant closes, [TR]

    06/27/2019 8:00:31 AM PDT · by buckalfa · 5 replies
    WSPA News 7 ^ | June 26, 2019 | WSPA Staff
    CLINTON, SC (WSPA) – Officials with Shaw Industries confirmed to 7News that some of the workload following the closure of their Clinton facility in August will be absorbed by two area correctional institutions. We reported earlier that Shaw announced Monday that the company will close its engineered hardwood flooring manufacturing plant on Torrington Road on Aug. 24, leaving 120 employees without a job. The plant’s production will move to other Shaw operations in the Southeast. The company said the move is being made to “most effectively meet customer needs.” On Wednesday, Mark Hartline, senior director of human resources at Shaw...
  • Trump administration threatens layoffs in fight to eliminate major federal agency

    06/20/2019 7:21:03 AM PDT · by knighthawk · 21 replies
    Fox News ^ | June 20 2019 | Ronn Blitzer
    Trump administration officials have put the Office of Personnel Management on the chopping block in an ambitious but controversial bid to reorganize the federal government -- and they are ready to furlough or even lay off workers if Congress stands in their way. According to an internal document obtained by The Washington Post, workers could be sent home on Oct. 1 and laid off 30 days later, if Congress will not agree to their plan to eliminate the agency -- which essentially serves as HR of the federal government. “This is a crisis building for years,” acting OPM Director Margaret...
  • CNN preparing to make cuts at London-based news operation

    05/30/2019 6:27:52 AM PDT · by dynachrome · 19 replies
    The Guardian ^ | 5-28-19 | Jim Waterson
    CNN is preparing to make substantial cuts to its London-based television news operation in a move that is likely to result in at least a dozen employees losing their jobs. The announcement was made by Jeff Zucker, the CNN boss, at a “town hall” meeting on Tuesday in the company’s office in central London. Staff, including some managers whose shows were affected, were given no advance warning of the announcement, according to some of those present. Zucker told them that the international channel was losing $10m (Ł8m) a year, according to those present.
  • CNN Lays Off Almost Entire Division, Surprises Employees As ‘Crazy Rumor’ Comes True

    05/25/2019 8:43:53 AM PDT · by E. Pluribus Unum · 54 replies
    The Daily Caller ^ | 8:20 PM 05/24/2019 | Scott Morefield
    CNN laid off almost all of its health care coverage division Tuesday, in a move the network called a “crazy rumor” less than three weeks ago. While Dr. Sanjay Gupta is expected to keep his job, most of the rest of the division, based out of Atlanta, were released. Fox News reported: TVNewser, a media watchdog site started by CNN’s Brian Stelter, managed to get confirmation from the network — just in time for a Friday news dump. “As part of the normal course of business, our newsgathering team made a small restructure earlier this week that ultimately impacts 6-7...
  • Blaming Brexit, British Steel collapses putting about 25,000 jobs at risk

    05/22/2019 6:14:33 AM PDT · by Berlin_Freeper · 18 replies ^ | May 22, 2019 | Ivana Kottasová
    Britain's second biggest steel maker collapsed on Wednesday, putting about 5,000 jobs at the company directly at risk, and threatening another 20,000 at suppliers. The company was seeking a government bailout, but talks ended without agreement. The High Court ordered the company into compulsory liquidation, according to the government's Insolvency Service. British Steel was reportedly seeking a government loan of Ł75 million ($95 million) to cover losses it said it suffered because European orders had evaporated due to the uncertainty surrounding Brexit. "Unable to decipher the trading relationship the UK will have with its biggest market in just five months'...
  • UPDATED: CNN Buys Out Hundreds, Brian Stelter Insists ‘No Layoffs’

    05/08/2019 10:25:54 PM PDT · by bitt · 45 replies ^ | 5/7/2019 | Sara A. Carter
    –Read Note to Editor at the end.– Hurting in ratings, CNN is now pushing for ‘voluntary layoffs’. CNN says roughly 100 employees have accepted voluntary buyouts a month after an overhaul by parent company AT&T. Brian Stelter, also confirmed the rumor, trying to spin it as “hundreds of staffers leaving CNN, as voluntary buyouts.” In a tweet, Brian Stelter said: There’s a rumor making the rounds today about big impending layoffs at CNN. A CNN spokeswoman is knocking it down on the record: “No layoffs.” There WERE voluntary buyouts throughout the organization, and about 100 people opted for it. This...
  • CNN cutting staff by as many as 300 job

    05/07/2019 6:34:19 AM PDT · by SeekAndFind · 26 replies
    American Thinker ^ | 05/07/2019 | Thomas Lifson
    <p>Maybe President Trump ought to use the adjective “failing” in front of CNN instead of the New York Times. In point of fact, Trump hatred has been good for the Gray Lady, with digital subscriptions up substantially (over $700 million in revenue last year) as the paper became the premier source of anti-Trump fulminations.</p>
  • Hollywood at war: Thousands of writers told to axe agents at midnight [April 12, 2019]

    04/14/2019 12:19:41 AM PDT · by Jyotishi · 34 replies
    Axios ^ | April 12, 2019 | Sara Fischer
    The Writers Guild of America says it has instructed its 13,000 members to fire their talent agents at midnight on Saturday, unless their agents sign a new "Code of Conduct" agreement that promises they will do away with packaging fees and their stakes in production companies. The bottom line: Most of the Guild's writers agree with the Code of Conduct, but most of the agents who represent them don't. The hope was that the 2 sides would come up with a compromise before the current negotiations expired on Friday. Without a deal, Hollywood is stuck in a messy limbo that...
  • Plain Dealer lays off a third of unionized newsroom staff

    04/02/2019 7:38:33 AM PDT · by relictele · 64 replies
    Plain Dealer ( ^ | 01 Apr 2019 | Tom Feran
    CLEVELAND, Ohio – The Plain Dealer on Monday laid off 14 newsroom employees as part of a staff reduction first announced in December. The 14, most of them reporters and all members of Local 1 of the News Guild of the Communication Workers of America, account for about a third of the unionized news-gathering staff. One additional journalist will depart later this month. The company had earlier announced plans to eliminate 29 other jobs in May by shifting its page-production work to a centralized outside system. Three of those production staffers will move to the newsroom, however, reducing the net...
  • Requiem for 4,000 Fox Jobs Lost -- Welcome to the New Hollywood

    03/28/2019 10:23:16 AM PDT · by Jyotishi · 87 replies
    The Wrap ^ | March 24, 2019 | Sharon Waxman
    To have fought your way into the dream machine, only to find that after years of quality work there is no job for you -- that is a harsh blow and a sign of our era How do you take the measure of 4,000 jobs lost in an industry with the size and scope of Hollywood? That's the number of pink slips being handed by Disney to Fox employees now that the merged mega-studio won't need them anymore. Four. Thousand. Jobs. It's undoubtedly the largest layoff from a single entertainment company in a generation -- maybe ever -- a fact...
  • As offshore outsourcing grows, HR tries to measure impact

    03/12/2019 3:09:57 PM PDT · by spintreebob · 20 replies
    techtarget ^ | 3-12-2019 | Patrick Thibodeau
    Offshore outsourcing can be a traumatic event for employees -- both for those who lose their jobs and for those who survive. It's HR's job to figure out the real impact it's having on employees -- a task that may benefit from new technology. President Donald Trump became a harsh critic of the H-1B program during his campaign for president and invited IT workers who had trained visa-holding replacements to speak at campaign rallies. Trump promised to make changes to the H-1B program, and his administration is now denying roughly one in five of the H-1B visas sought by IT...
  • Can The Government Force Companies To Rehire Employees After Minimum Wage Hike Layoffs? NY will try

    02/19/2019 12:12:12 PM PST · by SeekAndFind · 55 replies
    Hotair ^ | 02/19/2019 | Jazz Shaw
    This is a topic we’ve covered at length here previously, but in New York State the story is taking an odd twist. The subject is the Fight for 15 and the successful efforts of Democrats to jack up the minimum wage faster than market forces would normally have allowed. It seems to have come as a great shock to almost nobody that this resulted in layoffs, particularly among lower-skill, entry-level workers in the fast food industry. This has some of the newly unemployed understandably upset and they’ve been taking their complaints to their elected representatives. But what are they...
  • Labor unions fear Democrats’ Green New Deal poses job threat

    02/12/2019 8:57:17 AM PST · by Oldeconomybuyer · 18 replies
    Reuters ^ | February 12, 2019 | by Valerie Volcovici
    Labor unions say they are withholding support for a Green New Deal unveiled by Democrats last week to transition the American economy away from fossil fuels, arguing the loosely-defined plan could kill jobs if its architects aren’t careful. The cool response from unions underscores the challenge facing Democratic presidential hopefuls who support aggressive action on climate change but must also win back the blue-collar voters that swept President Donald Trump to victory in 2016. Democratic presidential hopeful Senators Kamala Harris, Kirsten Gillibrand, Cory Booker and Elizabeth Warren have already thrown their support behind it. The resolution’s backers say the plan...
  • GM Will Begin Massive Layoffs. Here's How Many Jobs Are Being Axed.

    02/02/2019 7:31:40 PM PST · by SeekAndFind · 43 replies
    Townhall ^ | 02/02/2019 | Beth Baumann
    General Motors plans to lay off 4,000 salaried works beginning Monday, CNN reported. This is part of the company's previously announced 15 percent workforce reduction that was announced back in November. Along with letting workers go, GM is also closing four manufacturing plants in the United States and another in Canada. The company made the decision as part of a strategic move to free up $6 billion annually. That money will then be used to invest in new technology, including electric and self-driving cars as well as a ride sharing service. By making these cuts, GM believes they can save...
  • Vice Media Hit with Huge Layoffs, 250 Workers Let Go

    02/01/2019 7:23:53 PM PST · by Beave Meister · 28 replies
    Breitbart ^ | 2/1/2019 | Joshua Caplan
    Vice Media CEO Nancy Dubuc announced to employees Friday morning that the news outlet will slash its headcount by 10 percent as part of a “strategic” restructuring. A Vice Media spokesperson told The Hollywood Reporter that 250 of its 2500 staffers will be let go to refocus its growth efforts in production and branded content. Employees from departments, including finance and IT, are expected to be impacted by the decision. “Having finalized the 2019 budget, our focus shifts to executing our goals and hitting our marks,” Dubuc (pictured) wrote in a company-wide memo. “We will make Vice the best manifestation...
  • BuzzFeed has started its layoffs, but it’s also talking about a merger

    01/25/2019 12:36:52 PM PST · by Red Badger · 7 replies ^ | Jan 25, 2019, 1:52pm EST | By Peter Kafka
    BuzzFeed is cutting costs and getting leaner, but it still wants to get bigger — by exploring a deal with Group Nine. BuzzFeed began laying off 15 percent of its staff — about 200 employees — on Friday. Its next move could be a merger with Group Nine, another big digital publisher. Speculation about a tie-up between the two companies has been bubbling in the media industry for months, and sources familiar with both companies say the two have indeed been discussing a merger. The two companies aren’t close to a finalized deal and may ultimately find different partners. If...
  • Journos Meltdown After Being Told 'Learn To Code' In Wake Of Mass Layoffs At HuffPo, Buzzfeed

    01/25/2019 6:32:04 AM PST · by Subcutaneous Fishstick Blues · 141 replies
    InformationLiberation ^ | Jan. 24, 2019 | Chris Menahan
    After news came out about mass layoffs at HuffPost, Buzzfeed and Gannett -- in the midst of the media's relentless smear-job against the Covington Catholic students -- right-wing Twitter had a field day. Tons of leftist journalists announced they were laid off on Twitter and the top meme was telling them to "learn to code" -- which is the same advice the media gave middle Americans whose jobs are being taken in traditional industries. Talia Levin, who was hired by Media Matters last year after being fired by the New Yorker for smearing an ICE agent as a Nazi because...