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Keyword: layoffs

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  • Obamacare Causing Big Layoffs for Union Nurses

    10/19/2014 6:16:16 PM PDT · by george76 · 22 replies
    Breitbart News ^ | 19 Oct 2014 | Chriss W. Street
    Kaiser Permanente and other health providers are putting pressure on the powerful California Nurses Association (CAN) in negotiations for reductions in medical staffing and compensation due to the implementation of California’s version of Obamacare. Union nurses on Friday tried to launch a new initiative by demanding an extra compensation supplement and more staffing to be prepared to fight the Ebola virus. But just three years after union nurses won huge contract gains by striking, Obamacare rules that cut patient access to care could now result in huge nurse layoffs. ... the California Nurses Association and other labor unions that campaigned...
  • Jobless claims drop 23K to a 14-year low [Seasonally adjusted 264,000, lowest level since 2000]

    10/16/2014 7:04:07 AM PDT · by SeekAndFind · 26 replies
    CSM ^ | 10/16/2014
    The number of Americans filing new claims for jobless benefits fell to a 14-year low last week, a positive signal that could counter doubts over whether the economy is shifting into a higher gear. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 264,000, the lowest level since 2000, the Labor Department said on Thursday. The decline suggests the labor market is gaining steam even as worries grow that the economy will not be strong enough for the Federal Reserve to hike interest rates around the middle of next year.
  • CNN lays off New York staff of correspondent Christiane Amanpour in network-wide restructuring

    10/14/2014 4:26:33 PM PDT · by jimbo123 · 33 replies
    NY Daily News ^ | 10/14/14 | DON KAPLAN
    The ax has fallen on the New Yorkers who work for storied foreign correspondent Christiane Amanpour. CNN has canned Amanpour's entire New York City-based staff — four producers — as part of the troubled cable news channel's restructuring, sources said.
  • Army Fleet Support lays off workers ( Fort Rucker, Alabama )

    10/12/2014 5:20:44 PM PDT · by george76 · 1 replies
    Dothan Eagle ^ | Oct 10, 2014
    The International Association of Machinists and Aerospace Workers announced the layoffs on its Facebook page Thursday night. The initial number reported by the union was 58. ... L-3 Army Fleet Support is reducing its workforce in order to address recent decreases in our customer’s flying-hour program and projected requirements ... Workers at Army Fleet Support went on strike briefly near the end of April... AFS announced layoffs of 50 workers in April of 2013 and 70 workers in August of 2013.
  • Turner to reduce headcount by 10% (CNN)

    10/07/2014 2:20:43 PM PDT · by dynachrome · 14 replies
    CNN ^ | 10-6-14 | Brian Stelter
    Turner Broadcasting, the parent company of CNN, will cut its total workforce by about 10% in the coming weeks through a mix of buyouts, layoffs and other measures, the company said Monday. The reductions are part of a broader effort to save money and refocus investment, known internally as Turner 2020. The company said about 1,475 positions — out of 14,000 full-time positions worldwide — would be eliminated in the coming weeks. Within CNN Worldwide, where the workforce totals roughly 3,500, about 300 positions will be cut, according to a person with direct knowledge of the plan, totaling 8.5%.
  • HP Increases Layoffs AGAIN To 55,000, And More Cuts Are Likely

    10/06/2014 12:53:17 PM PDT · by SeekAndFind · 29 replies
    Yahoo Finance via Business Insider ^ | 10/06/2014 | Julie Bort
    As HP cleaves itself in two, the company will also trim another 5,000 employees from its payroll. And even that won't be the end of a massive multiyear layoff that grows bigger every few months, HP CEO Meg Whitman essentially told CNBC's Dan Farber on Monday. HP first announced its layoffs plans in 2012. Back then, HP said it would cut 27,000. By June of this year, it had doubled the target, to 50,000, with 36,000 employees already gone. On Monday, it bumped up the new layoff target, yet again, to 55,000. Even so, HP remains an enormous employer, with...
  • Hewlett-Packard to Split in Two, Cut 5,000 More Jobs

    10/06/2014 8:15:47 AM PDT · by SeekAndFind · 13 replies
    Daily Finance ^ | 10/06/2014 | Supantha Mukherjee and Edwin Chan
    Hewlett-Packard (HPQ) said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations, and eliminate another 5,000 jobs as part of its turnaround plan. HP said its shareholders would own a stake in both businesses through a tax-free transaction next year, the details of which still needed to be worked out. Each business contributes about half of HP's revenue and profit. Shares of the 75-year-old company, which has struggled to adapt to the new era of mobile and online computing, were up 4 percent at $36.60 in early trading...
  • Angry Birds maker Rovio to lay off 130 staff

    10/03/2014 1:33:30 AM PDT · by Citizen Zed · 9 replies
    bbc ^ | 10-02-2014
    The maker of hit mobile video game Angry Birds, Rovio, will lay off 130 staff, it announced on Thursday. The job cuts in Finland, which account for 16% of its workforce, will happen "sooner rather than later," said chief executive Mikael Hed on its website. "We have been building our team on assumptions of faster growth than have materialised," he added. Angry Birds is the number one paid mobile application of all time, according to Rovio. The company has expanded the brand into a TV series, toys, clothing and an animated movie, which is expected to premiere in cinemas in...
  • Blow to Maine’s paper industry: Verso to close Bucksport mill Dec. 1, displacing more than 500

    10/01/2014 10:19:23 PM PDT · by 2ndDivisionVet · 14 replies
    The Portland Press Herald ^ | October 1, 2014 | Dennis Hoey
    The closure will cost the town of 5,000 people almost half of its tax revenue. The state Department of Labor says the LePage administration has 60 days to find a buyer for the mill, which has operated since 1930.Hundreds of mill workers from across the state will find themselves without jobs at the beginning of the holiday season after Verso Paper Corp.’s sudden announcement Wednesday that it will close its paper mill in Bucksport effective Dec. 1. More than 500 employees will be out of work in the third mill closure in Maine this year, dealing a severe blow to...
  • Major cuts to Air National Guard at McConnell (Kansas, 210 jobs)

    10/01/2014 10:03:42 PM PDT · by 2ndDivisionVet · 5 replies
    KWCH-TV ^ | September 25, 2014 | Anne Meyer
    (VIDEO-AT-LINK)WICHITA, Kan. - A major cut for the Air National Guard unit based at McConnell Air Force Base. According to Sharon Watson with the Adjutant General's Office in Topeka, around 30% of full time guard members at McConnell will be cut. That works out to around 150 jobs. Plus at least 60 part-time jobs are being cut as well. Most of those guard members will get work at other guard locations in the state. The 127th Command and Control Squadron was eliminated earlier this month. We also know the 184th Munitions Squadron is also being eliminated and the 177th Information...
  • New York Times cutting 100 jobs, NYT Opinion app

    10/01/2014 10:18:58 AM PDT · by Olog-hai · 17 replies
    Associated Press ^ | Oct 1, 2014 11:59 AM EDT
    The New York Times Co. is launching another round of buyouts and layoffs, telling staff on Wednesday that it must cut 100 newsroom jobs to further reduce costs and focus resources on its digital operations. It’s also axing its NYT Opinion app after four months and relegating the NYT Now app to a smartphone-only product aimed at new and younger readers, after the lower-priced subscription products failed to take off as hoped. The planned cuts represent about 7.5 percent of a total current newsroom staff of 1,330. Buyouts will be offered to an undisclosed number of senior managers in the...
  • N.Y. Times to eliminate 100 newsroom jobs

    10/01/2014 9:54:30 AM PDT · by jimbo123 · 47 replies
    Politico ^ | 10/1/14 | DYLAN BYERS
    The New York Times has announced that it will eliminate roughly 100 jobs from its newsroom through buyouts and, if need be, layoffs. The cuts, announced Wednesday by Times publisher Arthur Sulzberger Jr. and chief executive Mark Thompson, are part of the Times' larger effort to stem costs and restructure for a more digital future. The Times has already eliminated at least 230 newsroom positions since 2008, even as it continues to staff up on the digital and development side. The new cutbacks should leave the Times with roughly 1,200 newsroom staff. “The job losses are necessary to control our...
  • Odierno: More troops in Afghanistan may get pink slips

    09/20/2014 8:23:19 PM PDT · by Jet Jaguar · 24 replies
    Stars and Stripes ^ | Sept 20, 2014 | By Jon Harper
    WASHINGTON — More soldiers could learn while in Afghanistan that they are being forced out of the military, the Army’s top officer said Friday. Army chief of staff Gen. Ray Odierno discussed the cuts with reporters Friday at a breakfast in Washington. The notifications, part of an effort to rapidly shrink the size of the ground forces, have drawn heavy criticism from lawmakers. In June, more than 1,100 Army captains were notified that their military careers would soon end. It was later revealed that 48 were serving in Afghanistan when they were informed that they were getting the ax. “The...
  • Microsoft lays off 2,100, axes Silicon Valley research

    09/18/2014 3:48:13 PM PDT · by Red in Blue PA · 11 replies
    SEATTLE, Sept 18 (Reuters) - Microsoft Corp will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce. News of the closure of the Microsoft Research lab at the company's campus in Mountain View, California, was first made public on Twitter by employees. The company later confirmed the move and said it would involve the loss of 50 jobs.
  • Microsoft's axeman Satya Nadella fills baskets with 2,100 fresh heads

    09/18/2014 12:58:17 PM PDT · by SeekAndFind · 14 replies
    The Register ^ | 09/18/2014 | By Neil McAllister,
    Microsoft CEO Satya Nadella has brought down his axe again, sending off the next batch of the 18,000 employees he has promised will lose their jobs by the end of the year. The Redmond supremo issued about 2,100 pink slips on Thursday, the Seattle Times reports, bringing the total number of layoffs to approximately 15,100 and counting. Throughout the process, Nadella has maintained that most of the cuts will come from Microsoft's new devices and services business, which it bought from Nokia in April. Professional positions and manufacturing jobs in Nokia's factories around the world will be eliminated, he said....
  • Dow closing Findlay plant after 55 years (Ohio, 70 jobs gone)

    09/09/2014 5:03:16 PM PDT · by 2ndDivisionVet · 15 replies
    The Courier ^ | September 9, 2014 | Lou Wilin
    Dow Chemical Co. will close its Findlay plant, which employs 70, in mid-December, the company reported Monday. The 400,000-square-foot factory at 3441 N. Main St. manufactures plastic films used in construction, automotive, packaging, and medical uses and products. “Decisions of this kind are difficult. Dow has been proud to operate in Findlay and the company appreciates the dedication our Findlay employees have demonstrated during our 55 years as a part of this community,” said Brian Brown, production and site leader for Dow Chemical in Findlay. “Dow is committed to … supporting our employees during this transition.” No further details about...
  • More than 300 layoffs planned at North Texas Job Corps Center in McKinney

    09/09/2014 4:51:31 PM PDT · by 2ndDivisionVet · 9 replies
    The Dallas Business Journal ^ | September 8, 2014 | Korri Kezar
    The North Texas Job Corps Center is part of the U.S. Department of Labor's national program, which helps train students for jobs.Layoffs at the North Texas Job Corps Center in McKinney will affect 300 positions a little more than a month after Dallas news station Fox 4 investigated allegations of abuse at the facility. The cuts were revealed in two letters to the Texas Workforce Commission filed under the The Worker Adjustment Retraining and Notification Act. The notices said NTJCC expects to lay off 240 workers, while Fluor Federal Solutions will eliminate 79 jobs connected to the center. Layoffs are...
  • Clifton-based recycler abruptly closes its doors, lays off 100 workers (New Jersey)

    09/07/2014 10:56:13 PM PDT · by 2ndDivisionVet · 16 replies
    The Clifton Journal ^ | September 5, 2014 | Jeff Green, Aaron Morrison, James M. O’Neill and Todd South
    Green Sky workers being told that the recycling plant is closing. A prominent Clifton-based recycling company abruptly closed its doors on Friday, informing more than 100 employees that they had worked their final day while dozens of North Jersey towns scrambled to forge temporary arrangements with other collectors. Green Sky Industries, which promoted itself as the stateÂ’s largest private recycler with 75 municipal contracts, many in Bergen and Passaic counties, announced in a letter to towns on Thursday that it was shutting both of its plants, in Clifton and Carteret in Middlesex County. The companyÂ’s Clifton employees on Friday were...
  • Warner Bros. CEO Confirms Layoffs in Memo to Staff

    09/05/2014 2:30:04 PM PDT · by dynachrome · 16 replies
    Variety ^ | 9-4-14 | Dave McNary
    Warner Bros. Entertainment chairman and CEO Kevin Tsujihara has told Warner Bros. employees that layoffs are coming at every level across the studio. The cuts are coming in the wake of a failed bid by Rupert Murdoch’s News Corp. to buy parent Time Warner and amid disappointing box office performance. Tsujihara did not disclose how many cuts will take place or which of the three divisions — films, TV and home entertainment — would be most impacted. He sent the memo out late Thursday afternoon, just as the studio’s “The Judge” was opening the Toronto Film Festival, following media reports...
  • Malaysia Airlines to Cut 30% of Its Workforce (6,000 layoffs)

    08/29/2014 6:46:40 PM PDT · by 2ndDivisionVet · 18 replies
    KUALA LUMPUR, Malaysia — Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters. The staff reduction represents about 30 percent of its current workforce of 20,000. A search for a new CEO is underway, but there is no move to change the airline's name, which some branding experts had said was necessary for a successful makeover....
  • SunTrust to shutter Orlando fraud unit, lay off 105

    08/28/2014 5:49:19 AM PDT · by 2ndDivisionVet · 5 replies
    The Orlando Sentinel ^ | August 27, 2014 | Richard Burnett
    SunTrust Banks Inc. is shuttering its fraud-response call center group in Orlando and shedding more than 100 jobs, the bank confirmed Wednesday. Atlanta-based SunTrust, the largest bank in Central Florida, handed out pink slips to 105 employees on Tuesday. The effective layoff date is Oct. 31, according to documents filed with the Florida Department of Economic Opportunity. "Difficult decisions must be made to increase operational efficiencies and decrease expenses to better position the company for the future," SunTrust told employees in the layoff notice. The bank posted a $400 million profit on revenue of $2.2 billion in the second quarter,...
  • Office Depot to close 165 stores this year; settles lawsuit for $80 million

    08/24/2014 3:45:11 AM PDT · by 2ndDivisionVet · 18 replies
    The Fort Lauderdale Sun-Sentinel ^ | August 5, 2014 | Marcia Heroux Pounds
    Boca Raton-based Office Depot said Tuesday it would close 165 stores during 2014 — up from the 150 estimated earlier this year — but stuck with a total count of 400 store closures through 2016, the company said. The office-supply retailer, which merged with OfficeMax last year in a $1.2 billion transaction, said it has completed its analysis of which stores will be closed across the U.S. and Canada. Locally, the retailer has closed two OfficeMax stores, in Coral Springs and Deerfield Beach. The company also announced on a conference call following its second-quarter earnings announcement that it has settled...
  • Illinois a terrible hostess: Twinkies leave the state

    08/23/2014 11:53:00 AM PDT · by re_tail20 · 68 replies
    Illinois Policy Institute ^ | August 22, 2014 | Austin Berg
    Hostess Brands LLC announced on Aug. 20 that the Illinois bakery where Twinkies were first invented will close this fall. More than 400 workers will be affected by the shuttering of the company’s Schiller Park location in October. Sadly, this isn’t surprising. In 2012, Hostess closed three bakeries nationwide after a massive union strike, high labor costs and increased competition turned up the heat on the baked-goods company. It’s hard to believe that some variation of these factors didn’t cause Hostess to sever its ties with Illinois. About 280 of the company’s workers in Schiller Park voted to unionize in...
  • Casino workers turn to prayer to save their jobs (Atlantic City)

    08/20/2014 5:15:24 PM PDT · by Olog-hai · 15 replies
    Associated Press ^ | Aug 20, 2014 8:03 PM EDT | Wayne Parry
    They’ve turned to politicians, bureaucrats, businessmen and union reps to try to save their jobs at three Atlantic City casinos scheduled to close soon. Now, hundreds of soon-to-be unemployed dealers, cocktail servers and hotel workers are turning to what many say could be their last, best chance. “We’re praying for God to open new doors to them,” said Rev Eric McCoy, president of the Atlantic City Fellowship of Churches. Clergy members and the main casino workers union organized a rally and prayer service Wednesday night for the nearly 8,000 workers who will be jobless when Revel, the Showboat and Trump...
  • With Profits Slipping, Cisco Announces Job Cuts [6,000 on the chopping block, 8% of workforce]

    08/13/2014 3:45:34 PM PDT · by SeekAndFind · 7 replies
    New York Times ^ | 08/13/2014 | By QUENTIN HARDY
    SAN FRANCISCO — Cisco Systems may be doing a little better than Wall Street expects, considering its technology and sales challenges. But that doesn’t mean the company will avoid layoffs in the coming months. On Wednesday, Cisco released fourth-quarter earnings that illustrated its troubles as one of the tech industry’s giants competing in a rapidly changing environment. Fourth-quarter revenues, Cisco said, were $12.36 billion, down from $12.42 billion in the same quarter a year ago. Net income was $2.25 billion, or 43 cents a share, down from $2.27 billion a year ago. Using nonstandard accounting common to many tech companies,...
  • There’s An Unconfirmed Rumor That A Big Layoff May Be Coming At Cisco

    08/08/2014 7:05:57 PM PDT · by markomalley · 17 replies
    Business Insider ^ | 8/8/2014 | JULIE BORT
    Cisco reports its fourth quarter earnings on Wednesday, and rumors have begun circulating that another round of layoffs are coming, maybe announced next week, maybe in October. We can’t confirm those rumors, which stem from an anonymous source who tipped off Cisco blogger Brad Reese. But a source did tell us that Cisco is working on a reorganization of some of its engineering teams. Reese broke the news on last year’s surprise layoffs which also came from an anonymous tip. Last August, Cisco shocked the world by reporting a better-than-expected quarter, and a solid year, and that it was still...
  • Fear factor created by banks’ cost cutting and layoff threats will cause staff exodus

    08/05/2014 2:54:53 PM PDT · by SeekAndFind · 1 replies
    eFinancial Careers ^ | 08/05/2014 | Ed Silverstein
    Employees on Wall Street, and those working at other financial institutions, are concerned about keeping their jobs. But a recent survey showed that financial services companies may underrate the value employees put on job security. This comes as the threat of layoffs is seen at many top banks. For instance, JPMorgan is laying off hundreds of tech-support workers, and the Bank of America is letting staff go, too, as well as Citigroup and Bank of New York Mellon. Laura Sejen, a managing director at Towers Watson, which released the recent survey, told eFinancialCareers, “US employees working in financial services indicate...
  • Tech layoffs could hit highest level since 2009

    07/29/2014 10:31:44 AM PDT · by SeekAndFind · 15 replies
    The Hill ^ | 07/29/2014 | Vicki Needham
    Layoffs in the technology sector could reach their highest level in five years, according to a group that tracks employments trends. So far this year, tech employers have announced plans to cut payrolls by 48,402, a 68 percent increase over the 28,883 layoffs announced during the same period in 2013, according to a special report released Monday by Challenger, Gray & Christmas. At the current rate, the 2014 year-end total could be the highest since 2009, when tech-sector job cuts hit 174,629. The highest total on record was 695,581 job cuts in 2001, when the tech bubble in the stock...
  • Merck Announces Another Round Of Layoffs [Another 600 positions in Montgomery County, PA]

    07/29/2014 10:25:00 AM PDT · by SeekAndFind · 15 replies
    CBS Local ^ | 07/29/2014 | Brad Segall
    NORRISTOWN, Pa. (CBS) — A major pharmaceutical company is planning another round of layoffs that again will hit Montgomery County hard. On the heels of more than 650 job cuts at its West Point manufacturing and research plant in late 2013 and earlier this year, Merck plans to let go another 600 employees by the end of August. The company has already filed notices with the Pennsylvania Department of Labor which says the jobs are being cut in North Wales and Lansdale. County Commissioner Josh Shapiro is disappointed with the news, but says they’re working to help those affected.
  • Do Massive Layoffs Really Benefit Companies?

    07/20/2014 6:10:46 PM PDT · by SeekAndFind · 34 replies
    Motley Fool ^ | 07/19/2014 | By Chris Neiger
    Microsoft's (NASDAQ: MSFT ) recent announcement that it will cut 18,000 jobs was much higher than anyone expected. It's the company's largest layoff by headcount since it laid off 5,800 employees in the midst of America's Great Recession back in 2009. Microsoft isn't the only one to make such striking job cuts. Global pharmaceutical company Merck (NYSE: MRK ) is in the middle of a two-year plan to reduce its workforce by about 20% -- which equates to about 16,000 employees. At the end of it all, the company expects this to contribute substantially to its goal of saving $2.5...
  • Microsoft Memo Buries Layoff News in 11th Paragraph, Greets Readers with Cheery ‘Hello There’

    07/20/2014 2:38:38 PM PDT · by Olog-hai · 9 replies
    Cybercast News Service ^ | July 18, 2014 - 2:59 PM | Kelly Lawyer
    On Thursday, Microsoft announced it would cut 18,000 jobs (14% of the company workforce) in the next year, the largest reduction in company history. Since its acquisition of Nokia, experts predicted there would be some layoffs, but the number is double the amount predicted. Stephen Elop, head of Microsoft’s device unit (the hardest hit by the layoffs) and former CEO of Nokia, proceeded to bury the news about 12,500 layoffs in the eleventh paragraph of a corporate memo. Elop begins the memo with a cheery “Hello there,” stating Microsoft’s strategy is “focused on productivity and our desire to help people...
  • Walgreens to lay off 345 in Flagstaff

    07/19/2014 9:16:57 PM PDT · by george76 · 27 replies
    Arizona Daily Sun ^ | ‎7‎/‎19‎/‎2014‎ ‎ | Suzanne Adams-Ockrassa
    One of the top 10 employers in Flagstaff, Walgreens, announced Friday that it was closing its distribution center by April and laying off all 345 employees. ... Walgreens recently announced it was seeking to relocate its corporate headquarters overseas to lower its income tax bill. One estimate put first-year tax savings for the country’s largest drugstore chain at more than $700 million. The Wall Street Journal reported July 15 that Walgreens is considering buying the rest of Alliance Boots, a drugstore chain that operates in the United Kingdom but is headquartered in Switzerland. If Walgreens does purchase the rest of...
  • Kgb USA eliminating hundreds of jobs in San Antonio (225 jobs)

    07/18/2014 7:44:05 PM PDT · by 2ndDivisionVet · 26 replies
    The San Antonio Business Journal ^ | July 14, 2014 | W. Scott Bailey
    Kgb USA Inc. has informed the Texas Workforce Commission that it plans to carry out a “mass layoff” in San Antonio. The call center company, which does business as Conduit Global, expects to eliminate 225 positions by Aug. 31. Conduit Global officials say the layoffs are a result of an unexpected cancellation of services by one of the company’s clients. Conduit Global notes in a Worker Adjustment and Retraining Notification Act (WARN) letter filed with the Texas Workforce Commission that it is hopeful the layoffs can be minimized by the “potential award of a large customer care contract.” If a...
  • More Than 1,400 Workers In Pike County, Ohio, To Receive Possible Layoff Notices (Fluor B&W)

    07/18/2014 7:25:16 PM PDT · by 2ndDivisionVet · 4 replies
    WCHS-TV ^ | July 18, 2014 | Sean Delancey and Jeff Morris
    Piketon , Ohio - Roughly 1400 people woke up to bad news Thursday morning. It's called a warn notice, and it means their livelihood is on the line. "These are the higher paying jobs in the area," Herman Potter said. But those jobs are now in jeopardy. Herman Potter is president of the Steel Workers Union in Piketon, Ohio. His employer, Fluor B&W issued a warn notice, stating layoffs are possible. Fluor B&W was hired by the Department of Energy to clean the former Portsmouth gaseous diffusion plant and re-industrialize the property three years ago. The way things stand now,...
  • Dell layoffs will hit Plano, Texas office

    07/17/2014 9:06:48 AM PDT · by SeekAndFind · 12 replies
    Dallas Business Journal ^ | 07/17/2014 | Bill Hethcock
    Employees at Dell Services offices in Plano will be affected by global layoffs that parent company Dell Inc. is undergoing, but the number of pink slips the Round Rock-based tech giant will pass out in North Texas is not yet clear. Dell workers were to be notified Wednesday of layoffs across the globe, including at Dell Services offices in Plano. A statement put out by Dell confirmed the layoffs but declined to give the number of workers that the computer firm will cut. Dell has about 2,500 employees in North Texas and about 16,500 statewide.
  • Microsoft to cut 18,000 jobs this year as it chops Nokia

    07/17/2014 8:35:02 AM PDT · by Scutter · 35 replies
    MSN ^ | 7/17/2014 | Bill Rigby
    SEATTLE (Reuters) - Microsoft Corp will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it almost halves the size of its newly acquired Nokia phone business and tries to transform into a cloud-computing and mobile-friendly software company. The larger-than-expected cuts, announced on Thursday, are the deepest in the company's 39-year history and come five months into the tenure of Chief Executive Officer Satya Nadella. He outlined plans for a "leaner" business in a public memo to employees last week.
  • Microsoft Layoffs to Cut Up to 18,000 Jobs

    07/17/2014 7:20:46 AM PDT · by SeekAndFind · 11 replies
    New York Times ^ | 07/17/2014 | By NICK WINGFIELD
    SEATTLE — Microsoft said Thursday that it planned to eliminate up to 18,000 jobs over the next year in a shake-up intended to help the company move more quickly in the market. The cuts are the largest in the company’s 39-year history, representing about 14 percent of its work force. Microsoft will make the deepest cuts from the businesses it acquired from the Finnish phone maker Nokia. About 12,500 of the jobs being eliminated will come from the Nokia groups, resulting from the closing of a factory in Hungary and other changes. That is about half the number of employees...
  • Microsoft may announce its biggest layoffs ever on Thursday

    07/17/2014 3:36:19 AM PDT · by Innovative · 30 replies
    ComputerWorld ^ | July 16, 2014 | Stephen Lawson
    The action will be much bigger than the 5,800 job cuts announced in 2009, The New York Times said. Microsoft reportedly will announce the biggest round of layoffs in its history on Thursday as massive changes wrought by new CEO Satya Nadella start to take hold at the struggling IT giant.
  • Source: After Disastrous Launch Of ‘Hard Choices’ Hillary To Write New Book

    07/15/2014 9:45:01 AM PDT · by jimbo123 · 46 replies
    Daily Caller ^ | 7/14/14 | Edward Klein
    By now, everyone knows that Hillary Clinton’s memoir Hard Choices is a disaster of such enormous political and financial proportions that it should have been titled “Heaven’s Gate” — a reference to the most infamous Hollywood box office bomb of all time. So how are Bill and Hillary taking this depressing news? And what, if anything, are they planning to do about it? For an answer, I spoke to two sources — one in Bill’s inner circle, the other in Hillaryland (as Hillary’s court is called) — and although these two sources do not know each other, they confirmed the...
  • Sales Fall, Earnings Rise at S&S (1st Quarter 2014 Simon and Schuster flashback)

    07/14/2014 10:05:52 AM PDT · by jimbo123 · 6 replies
    Publishers Weekly ^ | 5/18/14 | Publishers Weekly
    First quarter sales in 2014 fell 11% at Simon & Schuster, to $153 million, but operating income rose to $11 million from $10 million in the first quarter of 2013, parent company CBS reported. -snip- And then there is the new Hillary Clinton book due out in the middle of June. "It's a great book," Reidy said, adding that she hopes Hard Choices will drive consumers into stores. Perhaps with the promotion planned for the Clinton book on her mind, Reidy said she is sure marketing costs, and sales, will be higher for the rest of the year than in...
  • Hillary's 'Hard Choices' Plunges Below Amazon Top 100 Less Than Month After Release

    07/10/2014 8:50:37 PM PDT · by jimbo123 · 33 replies
    Newsbusters ^ | 7/9/14 | P.J. Gladnick
    Less than a month after its official release date of June 10, Hillary Clinton's book, "Hard Choices," has today plunged below the Amazon Top 100 list to a humbling #102 as of this writing. Over at Simon & Schuster, the book publisher who paid Hillary a big campaign contribution in the form of a whopping $14 million advance, there is now a lot of angry finger pointing according to the New York Post's Page Six. Just as humbling is the news that Hillary's book has been replaced at the top of the New York Times Best Seller list by Edward...
  • Execs on notice after Hillary’s book sales tank

    07/09/2014 3:04:24 PM PDT · by jimbo123 · 59 replies
    NY Post ^ | 7/8/14 | Emily Smith and Ian Mohr
    There’s hand-wringing and finger-pointing at Simon & Schuster over the soft performance of Hillary Clinton’s “Hard Choices,” for which she got a $14 million advance, sources said — and which was replaced at No. 1 on the best-seller list this week by an “exposé” about Hillary and Bill Clinton. The former secretary of state’s tome sold 161,000 copies in its first three weeks, according to Nielsen BookScan — but 85,000 of those were sold in the first week. That number has dropped sharply to 48,000 and 28,000 in subsequent weeks, with the most recent numbers due out Wednesday.
  • Showboat Atlantic City Hotel and Casino to close, official says (2,100 unemployed)

    07/01/2014 3:30:19 PM PDT · by 2ndDivisionVet · 21 replies
    The Philadelphia Inquirer ^ | June 26, 2014 | Alex Wigglesworth
    The Showboat Atlantic City Hotel and Casino is closing after more than 27 years of operation, according to an official with the city’s largest casino workers union. Unite HERE Local 54 president Bob McDevitt said Showboat’s 2,100 employees will receive WARN Act notices Friday. The federal law requires covered companies to give workers at least 60 days notice if plans are in place to shut down a job site or execute mass layoffs. “We were notified earlier today from Caesars that they’re issuing WARN Act notices to Showboat employees tomorrow and we immediately began notifying our members,” McDevitt said Thursday...
  • Advance Auto closing 100 stores in first round of post-merger consolidation (AA and CarQuest)

    06/30/2014 10:29:11 AM PDT · by 2ndDivisionVet · 18 replies
    The News and Observer ^ | June 27, 2014 | David Bracken
    During a meeting with analysts and investors on Wednesday, Advance Auto Parts executives were asked how many stores they expect to close as a result of the company's acquisition of Raleigh-based General Parts International. George Sherman, Advance Auto's president, said the company is consolidating 100 stores as part of a first round of closings. "There will be more going forward," he said. "We have to assess fully 1,200-plus stores across the country. There will be a large group of consolidations, but there will be a lot of conversations where we flip the banner and there will be some relocations." General...
  • CPS [Chicago] Laying Off 1,150 Teachers And Clerical Staff

    06/26/2014 4:36:46 PM PDT · by Jim Robinson · 12 replies
    Chicago/CBS ^ | June 26, 2014
    CHICAGO (CBS) – Chicago Public Schools officials have sent layoff notices to 550 teachers and 600 clerical support staff, but said the teachers will be able to apply for other open jobs with the district for next school year. The district said the teacher layoffs were the result of enrollment declines at some schools, though CPS has not identified which ones. However, the district said it expects to have approximately 1,780 vacant teaching slots for next school year, and teachers who received layoff notices can apply for those positions. Approximately 1,400 of the open slots are for full-time teaching positions....
  • Hillary Clinton’s Book Is The No. 2 Hardcover In First Week (It's officially a bomb...)

    06/18/2014 2:55:00 PM PDT · by jimbo123 · 47 replies
    Buzzfeed ^ | 6/18/14 | Ruby Cramer
    Hard Choices sells 85,721 hard copies, according to Nielsen figures. Hillary Clinton’s new memoir was the second-most purchased hardcover book in its first week, according to Nielsen Bookscan data that records physical book sales at Amazon, Barnes & Noble, Books-a-Million, Wal-Mart, and other retailers. The BookScan figures, released Wednesday to publishers and obtained by BuzzFeed, account for sales during the week ending on Sunday, June 15 — a period covering the first six days Clinton’s book, Hard Choices, was available for purchase. They reflect strong but not spectacular sales for a book that has dominated the political conversation. The Bookscan...
  • Disappointment for Hillary Clinton as sales for her memoir 'struggle in its first week'

    06/17/2014 9:36:59 AM PDT · by jimbo123 · 54 replies
    Mail Online ^ | 6/17/14 | DAILY MAIL REPORTER
    Hillary Clinton's new book 'Hard Choices' is a 'bomb', according to a publishing source. The former first lady's memoir - detailing her time as secretary of state under Obama - has sold just 60,000 hardcover copies and 24,000 e-books, the source told The Weekly Standard. The results come after publisher Simon & Schuster's 'hoping and praying' that 150,000 print copies would be sold in the first week after the book went on sale on June 10, the source added. 'Between us, they are nervous at S&S,' the source said. 'Sales were well below expectations and the media was a disaster......
  • Questa mine permanently closed, 300 laid off (New Mexico molybdenum site)

    06/02/2014 11:20:43 PM PDT · by 2ndDivisionVet · 8 replies
    The Taos News ^ | June 2, 2014 | J.R. Logan
    Chevron Mining has permanently closed its Questa molybdenum mine, citing low market prices and increasing operational costs. The closure was announced at an employee meeting Monday morning (June 2). Mine officials say the closure included about 300 layoffs. Employees will be paid and receive benefits for 60 days, as required by federal law. "It's really an economic decision," said David Partridge, president and CEO of Chevron Mining, in an interview outside the mine's mill site Monday. Partridge said the Questa mine is nearly 100 year old, meaning the highest quality, easy get to ore was extracted long ago. Recently, the...
  • 'Toledo Blade' Closes Printing Facility, Axes 130 Union Jobs

    05/31/2014 5:46:37 PM PDT · by george76 · 29 replies
    Breitbart ^ | 31 May 2014 | John Nolte
    Starting August 1, the left-wing Ohio newspaper, The Toledo Blade, intends to lay off about 130 of its unionized employees due to a permanent shutdown of its Toledo production center that handles printing and inserting. ... In 2013, The Blade lost $8.5 million and has been losing millions for years. As of now there are no plans that will affect the advertising and news-gathering departments. In 2012, The Toledo Blade urged it readers to re-elect President Obama, arguing in part that "He has dealt effectively with economic recession at home
  • Troubles mounting, Sears will lay off 55 in Fort Worth

    05/30/2014 4:24:52 PM PDT · by 2ndDivisionVet · 2 replies
    The Dallas Business Journal ^ | May 27, 2014 | Korri Kezar
    Sears Holding Corp. will lay off 55 employees at its parts and distribution center in north Fort Worth as troubles keep mounting for Hoffman Estates, Illinois-based retailer. In a letter under the Worker Adjustment Retraining and Notification Act (WARN) to the Texas Workforce Commission, the company said the employees will be laid off from its facility at 5001 N. Beach St., and that the eliminations are expected to be permanent. The terminations are expected to occur on or around June 29, the letter said. Sears said it will keep the Fort Worth facility open while reducing its staff. "These decisions...