Free Republic

BuzzFeed is preparing lay off 15 percent of its workforce, according to an internal email obtained by The Hill. In an email sent to BuzzFeed staff on Wednesday, CEO Jonah Peretti said the media company would be doing layoffs "next week" across the company. "I’m writing with sad news: we are doing layoffs at BuzzFeed next week. We will be making a 15% overall reduction in headcount across the company," Peretti wrote. "I’m sending this tonight because I wanted you to hear it from me directly instead of from the press." Peretti wrote in the internal memo that BuzzFeed needs...

The Verizon division formerly known as Oath is laying off 7 percent of its workforce, which amounts to roughly 800 employees. Oath was created after Verizon acquired AOL, followed by Yahoo, bringing them together two years ago as a combined digital media entity with a new name. However, it seems that the organization hasn’t performed as well as Verizon executives had hoped, with layoffs, the departure of AOL CEO Tim Armstrong and Verizon’s recent $4.6 billion writedown on the media business

President Donald Trump’s administration will have the option to lay off all furloughed government workers after their furlough reaches 30 days. President Trump is now on Day 26 of the shutdown, and he has not signed any bill to guarantee back pay for furloughed workers. President Trump can save taxpayers more than $1 billion per week if he lays off the approximately 800,000 non-essential government workers who are not getting paid. That would save enough money to cover the cost of Trump’s wall in six weeks, or three pay periods. The trade site The Balance Careers previously published an explainer...

The irony is delicious. For the last four years the Dallas Morning News has been on a jihad against Texas Attorney General Ken Paxton. Over their boisterous objections, Texans re-elected Paxton in November. And today it was announced they were slashing their “newsroom” by 40 employees. It seems Texans just don’t want to pay for the leftist garbage produced by the once formidable Morning News. Over the last two decades the content has become more and more shrill, and not just the editorial page. The “news” – like the fact-free tales produced by liberal activist Lauren McGaughy attacking Paxton –...

Back in 2012, the Obama reelection team reminded us that they got Osama bin Laden an d saved GM.  It probably gave Obama Ohio at less than 200,000 votes out of 5 plus million cast.  It did not hurt in Michigan.  It certainly energized the unions to cast ballots for the man who "saved" their jobs. Yes, they got Osama bin Laden.  But they didn't really save GM or do the workers any favor on a long-term basis. Looking back, the GM bailout was a partisan band aid.  I like what Kevin D. Williamson wrote about this:      What did U.S....

President Donald Trump threatened on Twitter to end government subsidies for General Motors in retaliation for layoffs the company announced Monday. What layoffs? General Motors announced that it would be laying off 14,700 workers, including 6,000 factory workers, and closing down four plants in the United States and one in Canada. While GM, and other car companies, have spoken out against rising production costs caused by the Trump administration’s protectionist tariffs, a spokeswoman for the company told TheBlaze that the layoffs and plant closures “are being made as part of our ongoing transformation and are not related to recent trade...

DETROIT (AP) — General Motors will lay off up to 14,000 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off. Some U.S. factory workers could transfer to truck or SUV factories that are increasing production.

American Verizon workers say mass layoffs are coming as soon as next week in exclusive statements to Breitbart News. Essentially, the deal for the 44,000 workers forces them to resign and take the severance or stay on at the corporation until they are eventually laid off and not eligible to receive the hefty severance package. As Breitbart News reported, Verizon has announced that it will outsource its IT department to Infosys, one of the biggest multi-billion dollar outsourcing firms in the U.S. that has been accused of undercutting American workers and discriminating against black and white Americans in favor of...

Workers have seized partial control of the headquarters of the UN agency for Palestinian Arab refugees and their descendants in Hamas-run Gaza, its head said Wednesday, accusing their union of "mutiny" over job cuts. The United Nations Relief and Works Agency (UNRWA) announced last month more than 250 staff in Gaza and Judea and Samaria would lose their jobs, after a $300 million cut in annual funding from the United States. The redundancies have prompted daily protests by the agency's labour union in the enclave, which UNRWA's Gaza head said have led to security concerns. "They have taken over the...

In case you missed it, the New York Daily News’ editorial staff is being reduced about 50 percent as part of parent company Tronc’s move to “fundamentally [restructure]” the tabloid paper, “re-focusing much of our talent on breaking news — especially in areas of crime, civil justice and public responsibility”: The grim news officially arrives at the New York Daily News, where staffers were just informed that Tronc is reducing the "size of the editorial team by approximately 50 percent and re-focusing much of our talent on breaking news." — Tom Kludt (@TomKludt) July 23, 2018 Here's my story on...

CNSNews.com) - The federal government cut 3,000 jobs in May and federal employment has now dropped by 24,000 since President Donald Trump took office, according to data released today by the Bureau of Labor Statistics. Even as federal government jobs were declining, overall employment was increasing—as was employment in state and local government. In April, there were 2,789,000 people employed in civilian federal government jobs. In May, that declined to 2,786,000, a drop of 3,000

President Trump signed three executive orders Friday containing sweeping reforms that weaken protections for federal workers and eliminate perks for the unions that represent them. Under the new executive orders, unions will be charged rent for federal office space and will not be reimbursed for travel expenses or for hours spent appealing worker firings. All federal workers will be ordered to spend 75 percent of their time on government work, and agencies are ordered to publicly post union contracts in an online repository.

It slashed IBM’s U.S. workforce by as much as three-quarters from its 1980s peak, replacing a substantial share with younger, less-experienced and lower-paid workers and sending many positions overseas. ProPublica estimates that in the past five years alone, IBM has eliminated more than 20,000 American employees ages 40 and over, about 60 percent of its estimated total U.S. job cuts during those years. In making these cuts, IBM has flouted or outflanked U.S. laws and regulations intended to protect later-career workers from age discrimination, according to a ProPublica review of internal company documents, legal filings and public records, as well...

Harley-Davidson, the iconic American motorcycle company, is set to lay off hundreds of American workers at its Kansas City, Missouri factory while creating jobs in Thailand. After laying off nearly 200 American manufacturing workers last year, as Breitbart News reported, Harley-Davidson is expected to fully close its Kansas City manufacturing facility, leaving 800 workers out of work. Harley-Davidson executives say about 400 jobs will be sent to the corporation’s York, Pennsylvania manufacturing plant, but union workers allege their jobs are being sent overseas to Thailand. In remarks to USA Today, a manufacturing worker who’s been at Harley-Davidson for more than...

Harley-Davidson, the iconic American motorcycle company, is set to lay off hundreds of American workers at its Kansas City, Missouri factory while creating jobs in Thailand. After laying off nearly 200 American manufacturing workers last year, as Breitbart News reported, Harley-Davidson is expected to fully close its Kansas City manufacturing facility, leaving 800 workers out of work. Harley-Davidson executives say about 400 jobs will be sent to the corporation’s York, Pennsylvania manufacturing plant, but union workers allege their jobs are being sent overseas to Thailand. In remarks to USA Today, a manufacturing worker who’s been at Harley-Davidson for more than...

The owner Salt Lake Tribune has ordered staff cuts and a review of shrinking its print edition in light of continued losses in circulation and advertising revenues.

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) fired 300 U.S.-based investment bankers on Wednesday as part of a broader overhaul of the global unit, a person with knowledge of the matter said on Thursday. The bank will lay off another 100 U.S. bankers by the end of the week, said the person, who was speaking on condition of anonymity. The Financial Times was the first to report the development. Separately, German newspaper Frankfurter Allgemeine Zeitung said Deutsche Bank planned to cut more than 1,000 jobs in the United States. The bank declined to comment on the figure.

The Tampa Bay Times is cutting "approximately" 50 jobs after new tariffs sent the price of newsprint skyrocketing. Paul Tash, the newspaper's chairman and CEO, had warned of the potential for job cuts in a March 23 column, writing that the new tariffs could add more than $3 million to the Times' newsprint bill.

When President Trump’s presidency is over, one of the biggest pieces of fake news we will look back on is when we were told by the media that Trump was good for the media business. The truth is that business for the media is horrible. The Denver Post announced that between April 9 and July 1, 30 jobs will be cut from its newsroom--a massive 30 percent cut of its current staff of 100 journalists. Just 10 years ago the Denver Post employed 600 journalists--close to a 90 percent reduction in only a decade. Layoffs hit the Chicago Tribune. Fourteen...

Amazon is laying off hundreds of corporate employees, a rare cutback for a company that has spent most of the last few years in a frantic growth spurt. The layoffs, underway now, will fall on several hundred employees at the online retailer’s Seattle headquarters, along with hundreds more elsewhere in Amazon’s global operations, one person familiar with the cuts said. The layoffs are primarily focused on Amazon’s consumer retail businesses, according to two people familiar with the matter. A few hundred layoffs are modest for a company that is now the second-largest U.S.-based corporate employer, and pales in comparison to...