Free Republic

At least fourteen businesses throughout Illinois are scheduled to begin laying off employees this summer, according to information provided to Illinoisworknet.com from the Illinois Department of Commerce and Economic Opportunity as part of Illinois Worker Adjustment and Retraining Notification Act — of the WARN Act. According to the site, the "information ... does not encompass layoff activity and is not intended to be a proxy for employment or job loss data. Additional layoff activity may be represented outside of an official WARN correspondence, which might not necessarily reflect the company's final action.​"

A federal judge on Thursday blocked President Donald Trump’s executive order to shut down the Education Department and ordered the agency to reinstate employees who were fired in mass layoffs. U.S. District Judge Myong Joun in Boston granted a preliminary injunction stopping the Trump administration from carrying out two plans announced in March that sought to work toward Trump’s goal to dismantle the department. It marks a setback to one of the Republican president’s campaign promises. The injunction was requested in a lawsuit filed by the Somerville and Easthampton school districts in Massachusetts and the American Federation of Teachers, along...

Employees with the U.S. Institute of Peace started receiving termination letters effective immediately on Friday evening, five people told POLITICO, a major blow to the embattled organization as the Trump administration seeks to dismantle its operations.

CNN, a far-left propaganda outlet that spreads conspiracy theories and political violence, is set to lay off hundreds, according to various reports that have me so excited I’m having to call my doctor every four hours. “CNN is reportedly set to lay off ‘hundreds’ of employees in the early days of President Trump’s second administration,” reports Fox Business. “CEO Mark Thompson will announce to his staff about the network cuts on Thursday[.]” Naturally, over at CNN, the rich stay rich: Per CNBC, these layoffs “won’t affect CNN’s most recognizable names, who are under contract.”

Warner Bros. Discovery's CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital audience, according to people familiar with the matter.The layoffs come as CNN is rearranging its linear TV lineup and building out digital subscription products. The cuts will help CNN lower production costs and consolidate teams, said the people, who spoke on the condition of anonymity to discuss nonpublic changes.Certain shows that are produced in New York or Washington may move to Atlanta, where production can be done more cheaply, said the people.For the most part, the job cuts won't...

Donald Trump quickly made good on his pledge to sever diversity, equity and inclusion (DEI) policies in the federal government as he is set to lay off all DEI hires within 24 hours. The new Trump administration sent a letter to all heads and acting heads of government agencies on Tuesday, informing them all federal employees in DEI roles must be placed on paid leave by 5pm Wednesday. All DEI offices in federal agencies are also being shuttered in the move, which comes after Trump signed an anti-DEI executive order in front of a cheering crowd at his inauguration on...

TUPELO – WTVA in Tupelo may be facing a third round of layoffs that includes its entire meteorology team, according to sources with knowledge of the situation that asked to remain anonymous. The layoffs will be in phases and completed by the end of the first quarter, sources said. Station manager Luke Stanford declined to comment when contacted by the Daily Journal. WTVA's parent company Allen Media Group in May announced a restructuring move that affected about 12%, or some 2,500 employees. In October AMG laid off several station employees.

Hearst Magazines, the publisher of Cosmopolitan, Good Housekeeping and Esquire, has fired around 200 employees — most of whom work at the company’s iconic headquarters in Midtown Manhattan. The Writers Guild of America East (WGAE), the union which represents thousands of media professionals, told the news site W42ST that the total number of layoffs amounted to 197 people — 67 of whom were members of the Hearst Union bargaining unit. The union also told W42ST that “most affected workers are based at Hearst Tower” on 8th Avenue and 57th Street on Manhattan’s West Side. Hearst Tower, which rises nearly 600...

CNN anchor Chris Wallace was the first network star given the boot as the channel faces a staffing bloodbath in the face of cratering ratings. Puck News reported that Wallace, who was paid $7 million a year, was told his two shows on the network were being axed by CEO Mark Thompson. He was told he could stay on in a greatly-reduced role as an analyst on a far smaller salary, but decided not to, according to journalist Dylan Byers.

On Monday night United Auto Workers President Shawn Fain endorsed Kamala Harris at the DNC Convention in Chicago. Fain called Kamala Harris a “fighter” for the working class and denounced Donald Trump as a “scab.” During President Trump’s first term, he prioritized bringing manufacturing back to America. And that is exactly what he did. --SNIP -- And then on Tuesday, the day after UAW President Shawn Fain announced his endorsement of communist Kamala Harris, General Motors announced a loss of 1,000 high-paying engineering jobs – 600 of those job losses will be in Michigan.

Aug 9 (Reuters) - Cisco (CSCO.O), opens new tab will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said. The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company's fourth-quarter results, said the sources, who were not authorized to speak publicly. Reuters exclusively reported the job cut that San Jose, California-based Cisco announced...

Elon Musk’s Tesla, the leading electric vehicle manufacturer, has slashed even more workers from the payroll following weeks of massive layoffs, leaving employees on edge and seeking closure. Business Insider reports that Tesla has been conducting a series of layoffs over the past four weeks. The latest round of cuts, which took place on Sunday night, has left employees uncertain about their future with the company. According to Business Insider, four workers reported that their managers notified them of additional cuts to their teams on Monday morning, while several Tesla workers took to LinkedIn to share their experiences of receiving...

Citigroup CEO Jane Fraser got a 6% pay bump for her performance in 2023, a year the bank's profits dropped 38% and Fraser began a dramatic restructuring that will result in an estimated 20,000 job cuts. The board awarded her total compensation of $26 million, ... The $26 million for Fraser was the lowest among CEO rivals at JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs, and Morgan Stanley, who received between $29 million and $37 million. Bank of America's Brian Moynihan was the only CEO among this group to experience a compensation decline. ... Fraser had a lot...

Snap, the maker of the social media platform Snapchat, says it will lay off 10 percent of its global workforce, around 500 employees, to “promote in-person collaboration.” The social media company, which laid off 20 percent of its staff in 2022 and a small number of product employees in November, made its announcement on Monday, amid its shares falling around one percent in morning trading, according to a report by CNBC. “We are reorganizing our team to reduce hierarchy and promote in-person collaboration,” a Snap spokesperson told CNBC. “We are focused on supporting our departing team members.”

Paramount Global — the parent company off CBS, Paramount Pictures, Showtime, and numerous other media properties — is reportedly set to lay off “hundreds” of employees across nearly all of its divisions. The impending cuts represent the latest Hollywood bloodbath following layoffs at other corporations, including Disney, NBCUniversal, Amazon MGM Studios, and Universal Music Group. Hollywood is feeling the squeeze on multiple fronts. Households continue to cut the cord by the millions while the advertising market is still in the doldrums due to poor consumer sentiment tied to President Joe Biden’s economic policies. Meanwhile, consumers are cutting back on discretionary...

The layoffs, which mostly hit commercial operations and related corporate functions, comes one day after the robotaxi subsidiary dismissed nine “key leaders.” The moves are fallout from the company’s response to the Oct. 2 incident in which a pedestrian was dragged 20 feet by a Cruise self-driving car after being hit by another vehicle. Since the incident, the company has suspended all trips on public roads and halted production of a new robotaxi, among other moves. ... General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce ... The layoffs, which...

General Motors’ autonomous vehicle subsidiary, Cruise, has announced the layoff of 24 percent of its workforce as part of a strategic restructuring focused on a single market for its disastrous robotaxis. UPI reports that Cruise, the robotaxi startup owned by General Motors, has revealed significant staff reductions in a recent blog post. Thursday’s announcement details the layoff of 24 percent of its full-time employees. This decision, according to the company, is due to a strategic shift to simplify and concentrate its efforts. The focus now is to launch an exceptional service in one city initially, using the Bolt platform as...

U.S. Steel issued layoff warnings to 1,000 employees of its Granite City, Illinois, mill this week, saying they expect to fire 60% of them due to indefinite idling of iron and steelmaking operations at the facility. The warnings rocked the local community, which will be severely impacted by the move. "You’ve got these small businesses that depend on that income to come in, and these businesses want these people to come in and spend their money," Edith Arnold, a woman whose relative has worked at the mill for more than 30 years, told local KTVI. "You shut them down, what...

Citigroup (C.N) employees expect announcements about management changes and layoffs on Monday in the next phase of the bank’s sweeping reorganization ... Employees are awaiting more details about the scale of layoffs at the bank, which employs 240,000 people worldwide. .... Last month, Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades. In the two top layers of leadership, Citi reduced 15% of functional roles and eliminated 60 committees, ... The third-largest U.S. lender will also eliminate co-heads of divisions and regional roles, cut 50% of internal financial management reporting...

BUFFALO, N.Y. (WIVB) – Geico is cutting its total workforce by 6%, laying off roughly 2,000 of its employees as of Thursday, according to a letter from the auto insurance company’s CEO. “This very difficult decision was not taken lightly. We recognize we’re saying goodbye to beloved colleagues and friends, and as a leadership team we are committed to supporting those affected in the days ahead,” CEO Todd Combs wrote in the letter, which was obtained by Nexstar’s WIVB.