Free Republic 3rd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $30,084
34%  
Woo hoo!! And the first 34% is in!! Thank you all very much!!

Keyword: layoffs

Brevity: Headers | « Text »
  • Vladimir Putin just fired more than 100,000 people

    07/27/2015 8:19:01 AM PDT · by SeekAndFind · 26 replies
    Business Insider ^ | 07/27/2015 | Elena Holodny
    Vladimir Putin has fired 110,000 people. The Russian president signed a decree two weeks ago that reduced the number of full-time employees in the interior ministry of Russia by about 10% — or 110,000 people. Most of the cuts will be to administrative staff. It will bring the total number of employees in the agency down to just above 1 million, according to CNN Money. The interior ministry is in charge of the Russian police, paramilitary security forces, and road-traffic safety. The interior ministry's press service also told RIA Novosti that these reduction plans would affect the management structure at...
  • Defense contractor Harris to cut 360 jobs in Fort Wayne (Indiana)

    07/21/2015 10:51:21 AM PDT · by Perseverando · 4 replies
    Tribune Star ^ | July 16, 2015 | Unattributed
    <p>FORT WAYNE, Ind. (AP) — A contractor with the U.S. military says it's getting rid of 360 jobs in its Fort Wayne facility as it moves radio manufacturing to an existing plant in Rochester, New York.</p> <p>Harris Corporation announced Wednesday that job cuts will begin this fall and finish by the middle of next summer. WANE-TV reports that about 900 people currently work for Harris in Fort Wayne, and that the cuts only affect the division that makes radios.</p>
  • CPS (Chicago Public Schools) teachers, parents protest 1,400 layoffs, $200M in cuts

    07/02/2015 3:20:37 PM PDT · by Libloather · 8 replies
    ABC 7 Chicago ^ | 7/02/15 | Sarah Schulte
    CHICAGO (WLS) -- Hundreds of Chicago Public Schools teachers and parents protested at City Hall Thursday morning following 1,400 layoffs and $200 million in cuts to meet a teachers' pension deadline. Mayor Rahm Emanuel delayed a $634 million pension payment until the eleventh-hour on Tuesday, waiting to see any relief would come from state lawmakers. It never came. The mayor and Interim CPS CEO Jesse Ruiz outlined on Wednesday who would be laid off and where cuts would be made. Ruiz said most of the 1,400 jobs cut were in administration and special education programs. Very few teachers were laid...
  • Mayor: Chicago school cuts include layoffs, less maintenance

    07/01/2015 7:21:31 PM PDT · by Olog-hai · 19 replies
    Associated Press ^ | Jul. 1, 2015 9:22 PM EDT | Sophia Tareen
    Chicago school and city officials detailed $200 million in cuts—including layoffs, scaled-back maintenance and reduced transportation—to the nation’s third-largest school district Wednesday, one day after the district paid a $634 million pension bill officials said it couldn’t afford. Mayor Rahm Emanuel said schools would still open on time in the coming school year and class sizes wouldn’t be affected. He put the blame on state legislators for worsening the situation and said a property tax increase was up for consideration. The district had to borrow and factor in the cuts to make the pension payment by Tuesday’s deadline because legislators,...
  • Fox dumps Sarah Palin

    06/24/2015 3:53:04 AM PDT · by GIdget2004 · 114 replies
    Politico ^ | 06/24/2015 | Mike Allen
    Fox News will not renew its contract with Sarah Palin, whose bombastic appearances have been a cable staple since the former Alaska governor’s failed run on John McCain’s ticket in the 2008 presidential election cycle. When asked for comment, a Fox News spokesperson confirmed the network had amicably parted ways with the governor on June 1. Palin, 51, is expected to make occasional guest appearances on Fox and Fox Business, and will appear on other networks and cables. She has a show on the Sportsman Channel, does a lot of speeches, and will announce a new publishing project soon.
  • 'Rolling Stone' Hit With Round of Layoffs

    06/17/2015 3:35:09 PM PDT · by jimbo123 · 17 replies
    The Hollywood Reporter ^ | 6/17/15 | Erik Hayden
    Wenner Media has laid off more than a dozen staffers on Wednesday across Rolling Stone, Us Weekly and Men's Journal magazines. The cuts include multiple senior level edit staffers, including David Fricke, senior writer at Rolling Stone, Sasha Morrison, fashion director at Us Weekly, Albert Lee, special projects at Us Weekly and Kevin O'Leary, senior writer at Us Weekly. -snip- An editor not a part of the cutbacks: Sean Woods, the deputy managing editor who oversaw the discredited Nov. 2014 University of Virginia campus rape story.
  • No Wonder Obama Won’t Let Us Read TPP

    06/17/2015 2:40:05 PM PDT · by familyop · 127 replies
    Eagle Forum ^ | June 17, 2015 | by Phyllis Schlafly
    On Friday, Congress disrupted President Obama’s plan for a sweeping transfer of U.S. sovereignty to an unaccountable group of foreign busybodies. Hurray for the stalwart Americans who resisted the demands of Obama, the Republican leadership, and the big-donor claque, but Speaker Boehner plans to give Congress another chance this week to make this dangerous mistake. The Trans-Pacific Partnership (TPP) would turn over to globalists the power to issue regulations about U.S. trade, immigration, the environment, labor and commerce. It’s called a “living agreement” which means the globalists can amend and change the text of the so-called agreement after it has...
  • HSBC To Fire 50,000, One In Five Jobs, To Fund Dividends To Shareholders

    06/09/2015 6:53:21 AM PDT · by SeekAndFind · 11 replies
    Zero Hedge ^ | 06/09/2015 | Tyler Durden
    Just days after JPMorgan revealed it would fire another 5,000 by the end of the year in a "scalpel" headcount reduction, overnight the world's favorite drug money laundering bank HSBC unleashed the "machete" and announced it would cut almost 50,000 workers, or one in five bankers, a move which would shrink the investment bank division by one-third. The reason: the same why US corporations are laying off tens of thousands so they can fund record stock buybacks and enrich their shareholders - to boost profits so that more money can be channeled in the form of dividends. According to...
  • Plover company files for bankruptcy; may be sold (432 layoffs at Golden County Foods in Wisconsin)

    06/09/2015 1:45:28 AM PDT · by 2ndDivisionVet · 3 replies
    WAOW-TV ^ | June 1, 2015 | Robert Imrie
    PLOVER (WAOW) - A manufacturer of frozen snacks and appetizers told the state Monday that it was laying off 432 workers at its two Plover plants as part of a bankruptcy filing and proposed sale to another company. Golden County Foods said it had reached a preliminary agreement to sell the company to Monogram Appetizers, subject to the approval of the Bankruptcy Court. The company filed for Chapter 11 bankruptcy on May 15 and notified the state Department of Workforce Development of possible massive layoffs in a four-page letter released Monday. Golden County Foods describes itself as world's largest supplier...
  • Immigrants do jobs Americans won't do. Except at Disney. Laid off workers to train foreigners

    06/04/2015 6:38:54 AM PDT · by SeekAndFind · 34 replies
    American Thinker ^ | 06/03/2015 | NewsMachete
    Disney is firing tech employees and replacing them with (legal) foreigners. [A]bout 250 Disney employees were told in late October that they would be laid off. Many of their jobs were transferred to immigrants on temporary visas for highly skilled technical workers, who were brought in by an outsourcing firm based in India. Over the next three months, some Disney employees were required to train their replacements to do the jobs they had lost. But the layoffs at Disney and at other companies, including the Southern California Edison power utility, are raising new questions about how businesses and outsourcing companies are using the...
  • With Minntac layoffs, hardship hits the Iron Range

    06/01/2015 7:51:25 PM PDT · by TurboZamboni · 1 replies
    Pioneer Press ^ | 6-1-15 | Brady Slater
    On color-coded spreadsheets that displayed the names of about 350 laid-off Minntac workers Friday, the ones marked in orange were those of older union members who took voluntary layoffs so that younger members could continue working. About 200 of the names were highlighted in orange. "God bless them," United Steelworkers Local 1938 Vice President John Arbogast said as he reviewed the list at the
  • HSBC Joins JPMorgan: Prepares To Unveil Up To 20,000 Job Cuts

    06/01/2015 12:03:13 PM PDT · by SeekAndFind · 4 replies
    Zero Hedge ^ | 06/01/2015 | Tyler Durden
    The banking system must be doing great... just days after JPMorgan announced mass layoffs, SkyNews reports that HSBC is preparing to announce a revised headcount target, which insiders said that it was likely to be between 10,000 and 20,000 job cuts. As Sky News reports, HSBC will next week set out plans to cut thousands more jobs across its global workforce as it tries to reassure shareholders that its focus on costs remains undiminished after a series of reputational crises. Sky News understands that Stuart Gulliver, HSBC's chief executive, will set out a revised target for headcount reductions that will be...
  • Appalachian Power closes 3 WV coal-fired plants

    06/01/2015 8:08:16 AM PDT · by Timber Rattler · 11 replies
    WVVA.com ^ | June 1, 2015 | WVVA.com
    Three coal-fired power plants in West Virginia have shut down operations. Media outlets report that Appalachian Power's Kanawha River Power Station at Glasgow, the Kammer Power Station near Moundsville and the Phillip Sporn Power Station at New Haven were closed Sunday. Appalachian Power had announced in 2011 that it planned to close the plants, along with three coal-fired plants in Virginia, Ohio and Indiana. The company had said it would be cost-prohibitive to equip them to comply with new federal emission standards for mercury and other hazardous air pollutants. Another coal-fired plant in Virginia is being converted to natural gas....
  • J.P. Morgan Chase expected to lay off more than 5,000 by next year

    05/29/2015 4:52:55 PM PDT · by 2ndDivisionVet · 16 replies
    MarketWatch ^ | May 28, 2015 | Emily Glazer
    J.P. Morgan Chase & Co. has begun layoffs that are expected to total more than 5,000 by next year, people familiar with the matter said. This latest phase of cuts started earlier this year and would eliminate at least 2% of the bank’s JPM, workforce over the next year. The moves come as the nation’s largest bank overhauls its 5,570 branches to rely more on technology and less on human tellers. Chairman and Chief Executive James Dimon said Wednesday that the average J.P. Morgan Chase branch would lose one employee over the next two years, mostly through attrition....
  • Advertising newsletter PennySaver shuts down; hundreds lose their jobs

    05/24/2015 8:19:05 PM PDT · by Zakeet · 87 replies
    LA Times ^ | Stuart Pfeifer
    The PennySaver, an advertising newsletter that was a fixture in Southern California mailboxes for decades, is going out of business. Employees said they were told late Friday that the company was ceasing operations immediately, without warning or further explanation. “They said, ‘That’s it. We’re done. We’re closing. Everybody pack up your things and leave,'” said one employee, who asked that her name not be published because she was unauthorized by the company to talk to the news media. [Snip] On its website, OpenGate said the PennySaver is the largest direct mail shopping publication in the United States, reaching 11 million...
  • Unilever to close last Md. factory (Baltimore, 137 layoffs)

    05/23/2015 8:53:39 PM PDT · by 2ndDivisionVet · 15 replies
    The Baltimore Sun ^ | May 12, 2015 | Natalie Sherman
    Unilever plans to move production of vegetable oil and margarine spreads from Baltimore to Kansas beginning at the end of the month, shutting its Baltimore plant and laying off 137 workers. The consumer goods giant plans to shift operations from its Southwest Avenue factory to Olathe, Kansas, where it performs similar work and embarked on a $152.5 million expansion in 2013. Unilever informed Maryland regulators of the layoffs, which begin this month, in a notice last month, as required by the Worker Adjustment and Retraining Notification Act. The plant is slated to close by the end of September. The Southwest...
  • Coal-mine companies expect 2,267 layoffs

    05/23/2015 8:35:49 PM PDT · by 2ndDivisionVet · 25 replies
    The Columbus Dispatch / The Associated Press ^ | May 23, 2015 | Jonathan Mattise
    CHARLESTON, W.Va. — Appalachian coal mining suffered a double blow on Friday, as Murray Energy announced plans to lay off more than 1,800 miners, most from West Virginia, and Alpha Natural Resources told 439 more Mountain State miners they could be out of work. The announcements continue a grim employment trend for the Appalachian coalfields. On Friday, St. Clairsville, Ohio-based Murray Energy said it told 1,417 workers at five West Virginia mines that their jobs must be eliminated....
  • Alpha Natural Resources scaling back central Appalachian mining operations; 439 jobs will be lost

    05/22/2015 2:01:26 PM PDT · by don-o · 14 replies
    Bristol Herald Courier ^ | May 22, 2015 | SUSAN CAMERON
    BRISTOL, Va. -- Alpha Natural Resources announced this afternoon that it's idling the mining and processing operations at Rockspring Development Camp Creek underground mine in Wayne County, West Virginia, which will mean the loss of 439 jobs. Employees were notified today about the idling "based on the mine operator's current assessment of market conditions,"according to a news release issued by Alpha Natural Resources. Last week, three other Alpha-affiliated mine operators announced reductions in work force "due to sustained weak market conditions and government regulations that have challenged the entire central Appalachian coal industry. A total of 71 employees were affected...
  • Blue Bell to Cut 1,400, or 37 Percent, of Workforce

    05/15/2015 2:58:49 PM PDT · by nickcarraway · 33 replies
    NBC DFW ^ | 5/15
    Approximately 1,400 employees to be furloughed -- 37 percent of Blue Bell workforceBlue Bell Creameries says they'll be laying off a third of their workforce due to the extended timeline to return to production after a listeria outbreak forced the company to recall all products and close its plants. "Due to the extended timeline required to ensure the highest quality and safety of Blue Bell’s products when the company resumes production, and because supply and distribution will be limited for some time to come," Blue Bell Creameries CEO and President Paul Kruse said in a news release Friday. Kruse announced,...
  • Zenith Education Group lays off 131 people at Thornton call center (Colorado)

    05/13/2015 12:02:07 PM PDT · by 2ndDivisionVet · 3 replies
    The Denver Business Journal ^ | May 11, 2015 | Caitlin Hendee, digital producer & social engagement manager
    Zenith Education Group, a Minnesota-based provider of career-school training and operator of Everest College campuses in metro Denver, is laying off 131 people at its Thornton call center. "We had a reduction in the student population and we are merging some call centers to the one located in Tampa," said Zenith spokesperson Krissy Humenesky, referring to a call center at an Everest college in Florida. Zenith, an affiliate of ECMC Group Inc., last December entered into a deal with Corinthian Colleges to take over 56 Everest and WyoTech campuses in 17 states across the country, including Colorado. Earlier this month,...
  • Wow. 47 Major Retailers Announce Closing of 6,000 Stores Across the Country

    05/07/2015 6:16:59 PM PDT · by Beave Meister · 39 replies
    You’ll never hear the Obama administration pass on an opportunity to gloat about the miracles they think they’ve managed to pull off over the past seven years to get America’s economy back on track. The only problem with that is, it’s not remotely true. Somehow, the spin doctors at the White House always manage to cherry pick rare instances of economic improvement and turn them into something much bigger. If you want a real indication of how President Barack Obama’s economy is fairing, just look to a recent report that shows a coming “retail apocalypse,” with major retailers across the...
  • The Texas Job Recession Is Now Literally "Off The Chart": Now Leads the Nation in Layoffs

    05/07/2015 9:10:25 AM PDT · by SeekAndFind · 23 replies
    Zero Hedge ^ | 05/07/2015 | Tyler Durden
    The paradoxical, utterly nonsensical "data" releases continue. On one hand, the government's Department of Labor reported earlier today that in the past week just 265K people were laid off: the lowest number since early 2000. On the other, private data aggregator Challenger reported that in April, there were a whopping 61,582 job cuts, a 68% surge from March, and up 53% from a year ago. This was the highest monthly total since May 2012 and the highest April total since 2009!Smoothing out the noise reveals that in the first 4 months of 2015, employers announced 201,796 planned job cuts,...
  • Jobless claims remain low, but planned layoffs jump to three-year high

    05/07/2015 7:30:50 AM PDT · by SeekAndFind · 4 replies
    Los Angeles Times ^ | 05/07/2015 | Jim Puzzanghera
    Initial jobless claims rose slightly last week from a 15-year low while planned layoffs surged in April to a three-year high, providing mixed signals about the health of the labor market ahead of Friday's jobs report. About 265,000 people applied for first time unemployment benefits in the week ended Saturday, up from the previous week's 262,000, the Labor Department said Thursday. Economists had expected claims to rise to 280,000 after hitting the lowest level since 2000 the previous week. The four-week average, which smooths out some volatility, fell to 279,500 last week. That was the lowest level since May 2000....
  • Ouch! CarlyFiorina.org shows her layoffs at HP

    05/04/2015 10:48:43 AM PDT · by SeekAndFind · 63 replies
    CNN Money ^ | 05/04/2015
    If you're going to run for president, buy every website domain with your name. On Monday morning, former Hewlett-Packard CEO Carly Fiorina announced she's running for U.S. president. But if you head to CarlyFiorina.org, you'll find a message that criticizes her for firing tens of thousands of workers at HP (HPCQ). It shows 30,000 sad faces -- one for every employee that was laid off while Fiorina was chief executive from 1999 to 2005. The accusation that she outsourced so many American jobs is a major thorn in Fiorina's side -- and one reason she lost her bid for U.S....
  • Major U.S. Retailers Are Closing More Than 6,000 Stores

    05/03/2015 4:02:11 PM PDT · by dennisw · 142 replies
    zerohedge ^ | 05/02/2015 | Michael Snyder
    Submitted by Michael Snyder via The Economic Collapse blog, If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores? The “retail apocalypse” that I have written about so frequently appears to be accelerating. As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable. So if this is happening already, what are things going to look like once the next recession strikes? For a long time, I have been pointing to 2015 as a...
  • New York Times Co. Reports Loss as Print Ads Decline

    04/30/2015 5:45:48 AM PDT · by Drango · 34 replies
    NYTimes ^ | April 30, 2015 | RAVI SOMAIYA
    GRIN clink on link http://www.nytimes.com/2015/05/01/business/media/new-york-times-company-q1-earnings.html?hp&action=click&pgtype=Homepage&module=second-column-region&region=top-news&WT.nav=top-news&_r=0
  • Toledo Free Press closing immediately (Dinosaur Media DeathWatch™)

    04/29/2015 4:46:24 PM PDT · by 2ndDivisionVet · 18 replies
    Toledo News Now ^ | April 27, 2015 | Holly Tuey and Nick Bade
    TOLEDO, OH (Toledo News Now) - Toledo Free Press Publisher Tom Pounds says the paper will be shutting down operations. Pounds says financial troubles are the reason he's closing the paper. “When you can't pay your bills, you don't keep going,” Pounds said Monday. Pounds says about 50 families in total will be impacted by the decision to cease publication. That includes 10 full-time employees, as well as writers, paper carriers, artists and others who worked on the Free Press's weekly issues. Even as he announced the decision to shut down, Pounds said he's proud of what the Free Press...
  • Bell Helicopter announces 1,100 layoffs

    04/29/2015 2:36:35 PM PDT · by 2ndDivisionVet · 11 replies
    KATC-TV ^ | April 28, 2015
    Bell Helicopter announced today that it will lay off 1,100 employees. The Fort Worth-based helicopter company has a location on Pont Des Mouton Road in Lafayette, according to the company's website. The company did not release specifics on which locations will see layoffs, but the communications director did say in a news release that the reduction in workforce will apply to all areas of the business, both management and non-management, and covered and non-covered workers. In addition to its Pont Des Mouton location, Bell Helicopter broke ground in August last year on an 82,300-square-foot aircraft assembly center near the Lafayette...
  • Supercenter mystery: Conspiracy theories fly around the suddenly shuttered Wal-Mart

    04/24/2015 6:52:30 AM PDT · by Star Traveler · 60 replies
    Tulsa World ^ | Friday, April 24, 2016 | Robert Evatt
    From crime to labor issues to an intricate military coup of the entire United States, conspiracy theories are flying around the closed Wal-Mart supercenters in Tulsa and elsewhere. The official reason for the sudden closure of the store at Admiral Place and Memorial Drive last week was two years of plumbing issues that would take six months to fix. That was the same reason given for each of the four other Wal-Mart locations, which all closed at the same time with just a few hours’ notice. The other stores are in Brandon, Florida; Pico Rivera, California; Midland, Texas; and Livingston,...
  • The big banks on Wall Street have fired 80,000 people in the past 5 years

    04/21/2015 9:53:42 AM PDT · by SeekAndFind · 8 replies
    Business Insider ^ | 04/21/2015 | Portia Crowe
    Wall Street's six biggest banks have cut nearly 80,000 jobs over the past 5 years, according to Bloomberg. The majority of the cuts have come from Bank of America. That's over both the past 5 years and the past 12 months, as well as in the first quarter of 2015. Wells Fargo, Goldman Sachs, and Morgan Stanley added jobs in the first quarter of 2015, but 4,000 jobs were still cut across Wall Street last quarter. Bloomberg looked at data from JPMorgan, Goldman Sachs, Morgan Stanley, Wells Fargo, Citigroup, and Bank of America. Over the past 5 years, JPMorgan has...
  • Schlumberger slashes 11,000 jobs in latest round of cuts

    04/21/2015 9:47:45 AM PDT · by SeekAndFind · 4 replies
    The Times Picayune ^ | 04/21/2015 | By Jennifer Larino
    Schlumberger, the world's largest oilfield service provider, said it plans to cut its global workforce by another 11,000 jobs over coming months. Schlumberger has slashed its worldwide workforce by 15 percent total. The company, which has headquarters in Houston, Paris and Hague, announced its plans last week, part of sweeping layoffs across the oilfield service industry as drilling rig counts in North American plummet amid low oil prices. Competitors Halliburton and Baker Hughes have also announced layoffs. Schlumberger, which employed 126,000 worldwide at the height of oil prices last summer, did not provide specifics as to where layoffs would occur...
  • Halliburton Announces 9,000 Layoffs

    04/21/2015 9:46:05 AM PDT · by SeekAndFind
    Houston Press ^ | 04/21/2015 | By Dianna Wray
    In a move that once again isn't exactly shocking, Halliburton Co. has been engaging in much more serious layoffs than they initially planned on back in February. Back in the early part of the year -- when energy analysts were confidently predicting oil prices would rebound in no time at all -- Halliburton still battened down the hatches, announcing plans for about 6,500 layoffs. Since then the analysts have for the most part gotten increasingly dour with their predictions, oil prices have stayed around $50 a barrel and Halliburton has actually laid off about 10 percent of its workforce in...
  • Oil and Gas Company Baker Hughes ramps up layoffs to 10,500 worldwide

    04/21/2015 9:43:58 AM PDT · by SeekAndFind
    The Times Picayune ^ | 04/21/2015 | By Jennifer Larino
    Baker Hughes Inc., one of the world's largest oil and gas service companies, said it will increase job cuts worldwide to 10,500, or about 17 percent of its total workforce. The Houston-based company said the cuts are necessary in order to weather a crash in North American drilling prompted by low oil prices. Baker Hughes announced the additional cuts Tuesday (April 21) after reporting a $32 million loss for the first quarter this year. The company's first-quarter revenue was down 20 percent compared to the same period a year ago. Earlier this year, Baker Hughes said it planned to cut...
  • Wal-Mart layoffs about retaliation, not repairs, union claims

    04/21/2015 9:41:07 AM PDT · by SeekAndFind · 25 replies
    CSM ^ | 04/21/2015 | By Anne D'Innocenzio
    Wal-Mart faces a potential labor injunction from a union group asking the company to rehire all 2,200 employees affected by the abrupt temporary closing of five stores a week ago. One affected store, in Pico Rivera, California, has been a hotbed for worker protests against Wal-Mart. A union is asking labor regulators to go to court to force Wal-Mart to rehire all 2,200 employees affected by the abrupt temporary closing of five stores a week ago. The United Food and Commercial Workers International Union filed the charge on behalf of OUR Walmart with the National Labor Relations Board on Monday,...
  • Walmart suddenly closes 5 stores, lays off 2200. Why?

    04/18/2015 6:40:07 AM PDT · by RoosterRedux · 116 replies
    Conspiracy theorists are working overtime to explain why Walmart suddenly closed 5 stores in 3 states this week, laying off 2200 workers. The stores are expected to reopen in 6 months. The company claims the closings are releated to ongoing and pervasive plumbing problems. But the conspiracy theorists believe it has more to do with workers who took part in the Black Friday strike than with faulty sewers. Business Insider: Wal-Mart employees say they were completely blindsided by the news, having been notified only a couple hours before the stores closed at 7 p.m. Monday. "Everybody just panicked and started...
  • Brandon Walmart closing for 6 months, employees given little notice (Closed several stores tonight)

    04/13/2015 9:16:33 PM PDT · by tcrlaf · 45 replies
    WLFA ^ | 3-13-2015 | Peter Bernard
    Employees say a Brandon Walmart near Valrico gave them little notice before closing for six months. “When I drove into the parking lot, it was full. I knew something was not right,” said a Walmart employee who asked that News Channel 8 not identify him. “We have had plumbing problems over the last few years.” The store closed Monday at 6 p.m. because of the ongoing plumbing issues. The employee News Channel 8 talked with said a sewage backup is the likely culprit. The issues “require extensive repairs,” Walmart spokesman Amanda Hennenberg said in a statement. The store is located...
  • ACLU laying off 7 percent of its lawyers

    04/04/2015 7:56:02 AM PDT · by rktman · 40 replies
    americanthinker.com ^ | 4/4/2015 | Thomas Lifson
    The American Civil Liberties Union, theoretically a non-ideological defender of the Constitution but in practice increasingly hard left, is running into financial difficulties and just announced (memo to staffers here) layoffs for 7 percent of its lawyers. Why the difficulties? It’s a little unclear, but Glenn Reynolds of Instapundit writes, “What I hear is that they’ve moved too far left, too fast, and it’s hurt their donations.”
  • ACLU lays off 7 percent of national staff

    04/04/2015 3:27:58 AM PDT · by jalisco555 · 67 replies
    Washington Post ^ | 4/2/15 | Catherine Ho
    The American Civil Liberties Union this week laid off 23 employees, about 7 percent of the organization’s national staff. The cuts affected employees in New York, D.C., California and Wyoming. ACLU Executive Director Anthony Romero announced the impending reductions internally in a March 26 email to employees, and the affected staffers were notified Monday. In the email, which was obtained by The Washington Post, Romero cited the need for the ACLU to cut costs. In addition to the layoffs, the organization during the fiscal year ending March 31, eliminated ten national staff positions, postponed its nationwide staff conference to 2016...
  • Thousands Of Layoffs Coming After Buffett Merges Heinz With Kraft, 5th Largest Food Company

    03/25/2015 8:46:35 AM PDT · by SeekAndFind · 20 replies
    Zero Hedge ^ | 03/25/2015 | Tyler Durden
    Another day, another mega-M&A deal taking advantage of abnormally low bond rates, this time however not involving biotechs or a specialty pharma seeking to purchase a debt-free balance sheet, but one involving the Oracle of Omaha himself, and his Heinz investment, which will merge with Kraft Foods whose market cap was over $40 billion this morning on the news of the merger, and create the third largest food and beverage company in the US, and 5th largest in  the world. And while the resulting company will certainly be an unprecedented food giant, one which leaves the US food industry even...
  • Thousands Of Layoffs Coming After Buffett Merges Heinz With Kraft

    03/25/2015 7:34:39 AM PDT · by jimbo123 · 50 replies
    Zero Hedge ^ | 3/25/15 | Tyler Durden
    Thousands Of Layoffs Coming After Buffett Merges Heinz With Kraft, Creating 5th Largest Food Company In The World Another day, another mega-M&A deal taking advantage of abnormally low bond rates, this time however not involving biotechs or a specialty pharma seeking to purchase a debt-free balance sheet, but one involving the Oracle of Omaha himself, and his Heinz investment, which will merge with Kraft Foods whose market cap was over $40 billion this morning on the news of the merger, and create the third largest food and beverage company in the US, and 5th largest in the world. And while...
  • This Longtime IHOP Owner Sold His 16 Restaurants Because of Obamacare

    03/22/2015 7:51:56 PM PDT · by 2ndDivisionVet · 15 replies
    The Daily Signal ^ | March 22, 2015 | Rob Bluey
    Four years ago, my reporting on Obamacare brought me to the city of Terre Haute, Ind. Located near the Illinois’ border, about an hour’s drive from Indianapolis, the city of 60,000 residents reminded me of the area where I grew up near Utica, N.Y. It was a brisk March morning, nearly a year after President Obama signed the Affordable Care Act, and I had trekked to the Midwest with a camera crew to meet Scott Womack, owner of about a dozen IHOP restaurants in Indiana and Ohio. Womack’s testimony before Congress earlier in 2011 caught my attention and I wanted...
  • Pink Slips: 100,000 Jobs Wiped Out Amid Oil Price Collapse: “Spreading Like Cancer”

    03/21/2015 1:05:32 PM PDT · by Kartographer · 18 replies
    SHTF Plan ^ | 3/21/15 | Mac Slavo
    The bloodletting among the oil majors and their vast web of ancillary services has of course extended to the United States – which appears to be taking far more casualties than Saudi Arabia in the battle for marketshare. In January oilfield services giant Baker Hughes said it will lay off 7,000 employees, about 11 percent of its workforce; that number was rivaled only by its competitor, Schlumberger, which let go 9,000 workers. Shell, Apache, Pemex and Halliburton are among major oil companies to issue recent pink slips to the growing army of unemployed oil workers. In the U.S., the worst...
  • Al Jazeera America is Running Out of People to Fire

    03/21/2015 11:01:04 AM PDT · by SeekAndFind · 13 replies
    Frontpage Mag ^ | 03/21/2015 | Daniel Greenfield
    What do you get when you combine Al Gore’s low performing lefty MSNBC alternative news channel with an oil state that sponsors terrorism? The answer is a cable news channel that even fewer people watch.Struggling Al Jazeera America is cutting jobs and replacing most of its daytime lineup with an overseas news feed in its latest reshuffling. The cable outfit told staff on Friday it’s canceling both its morning news report and “Consider This with Antonio Mora” at 11 a.m. It’s also scrapping its 4 p.m. news hour and pushing its 6 p.m. coverage an hour later to 7...
  • Target layoffs: 1,700 Twin Cities jobs; 1,400 open jobs eliminated

    03/11/2015 6:14:06 AM PDT · by TurboZamboni · 31 replies
    pioneer press ^ | 3-11-15 | Tom Webb and Katie Kather
    The young Target Corp. employee was told to come to a meeting. The elevator was filled with co-workers crying. That's when she knew her job was gone. "It's crazy that this was my dream, and it was ripped away from me," the woman, who did not give her name, said Tuesday morning through tears. "It's such a great company. That's the worst part." On a grim day at Target's Minneapolis headquarters, the retailer laid off 1,700 corporate workers and eliminated an additional 1,400 open positions. The layoffs left Target with about 11,300 Twin Cities corporate employees, down from 13,000 when...
  • Initial jobless claims unexpectedly jump to nine-month high

    03/05/2015 7:31:58 AM PST · by SeekAndFind · 42 replies
    Los Angeles Times ^ | 03/05/2015 | By JIM PUZZANGHERA
    Initial jobless claims unexpectedly jumped to a nine-month high last week, an indication that severe winter weather could be putting a temporary freeze on the labor market's recovery. About 320,000 people filed for first-time unemployment benefits last week, up 7,000 from the previous week, the Labor Department said Thursday. Economists had been expecting claims to fall to 300,000. Claims below that level indicate a strong labor market. Private sector added 212,000 jobs last month, down from January, ADP says Private sector added 212,000 jobs last month, down from January, ADP says In another read on the jobs market, planned layoffs...
  • Fears and cheers follow Target's plan to lay off 'several thousand' at headquarters

    03/05/2015 6:17:40 AM PST · by TurboZamboni · 46 replies
    Pioneer Press ^ | 3-5-15 | tom webb
    Some senior buyers are already gone. Vice presidents, too. But for 13,000 other Target Corp. employees in Minnesota, there's fear that the bull's-eye is on their backs. Target jolted the Twin Cities on Tuesday when it said "several thousand" corporate staffers will be laid off in a cost-cutting move. Executives didn't say who, when or where -- although the buzz is the ax will swing freely next week. Since the news broke, reaction to Target's $2 billion cost-savings plan has been split, especially by street. On Wall Street, analysts mostly liked the plan. Target stock touched an all-time high Wednesday...
  • Royal Bank of Scotland (RBS) is cutting 14,000 investment banking jobs

    03/04/2015 7:07:19 AM PST · by SeekAndFind · 4 replies
    Business Insider ^ | 03/04/2015 | Lianna Brinded
    "RBS has been a bruising place to work ... and that doesn't sit well with me," the Royal Bank of Scotland CEO McEwan said on Thursday. "We will work hard to make [RBS] a much better place for our people." McEwan mentioned on a conference call last week that there would be "substantial job losses" and that "we haven't got a number out there because we've got a lot of consultation to do with our people." Little did his staff know that this meant about three out of four people working in the investment banking part of the bank would...
  • OfficeMax call center in Peru reportedly closing (Town in Illinois)

    02/28/2015 8:19:46 PM PST · by 2ndDivisionVet · 12 replies
    The LaSalle News-Tribune ^ | February 26, 2015 | Staff
    An OfficeMax call center in Peru is closing its doors, beginning layoffs in March, according to two sources. Layoffs should be completed in November. A news story in 2013 indicated 275 people worked at the Peru facility. Employees on Thursday were instructed not to speak to the media about the layoffs. OfficeMax merged with Office Depot in 2013. As previously reported, the combined company disappointed state lawmakers by locating its headquarters in Boca Raton, Fla. (Office Depot’s longtime home) and pulling out of Naperville, where OfficeMax had been headquartered. OfficeMax workers have dealt with uncertainty about their jobs for the...
  • JPMorgan to close 5% of its bank branches

    02/25/2015 1:31:46 PM PST · by SeekAndFind · 10 replies
    CNBC ^ | 02/25/2015
    JPMorgan Chase plans to close 300 bank branches over the next two years, about 5 percent of the total, as more customers move online and the bank seeks to cut costs. The closures are part of a $1.4 billion cost-cutting plan the bank announced for this year. The latest developments were revealed during the bank's annual investor day conference Tuesday. Online and mobile banking have become increasingly popular and that trend is expected to continue. The shift online has begun to make brick-and-mortar branches less necessary and, frankly, expensive. Tellers handled only 42 percent of all bank deposits last year,...
  • This Is Why Hewlett-Packard Is Firing 58,000

    02/25/2015 7:19:07 AM PST · by SeekAndFind · 55 replies
    Zero Hedge ^ | 02/25/2015 | Tyler Durden
    The biggest scandal in today's release of Hewlett Packard Q1 earnings was not that, just as the Nasdaq is knocking on 5000's door, it reported revenues of $26.8 billion missing consensus expectations of $27.3 billion, while beating non-GAAP EPS by 1 cent to $0.92 (up from $0.90 a year ago) entirely due to a massive reduction in outstanding stock and some truly gargantuan non-GAAP addbacks (GAAP EPS declined from $0.74 a year ago to $0.73) pushing the stock down 7% after hours. The biggest scandal was the company announced that having cut 44,000 workers so far, it will cut...