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American companies plan to cut 40,000 jobs

Oct 3, 2013
According to a new report from Challenger, Gray and Christmas.
Posted In: Jobs, layoffs, employment

Some positive news leading up to Friday's jobs numbers

Sep 5, 2013
Less people filed for unemployment over the last week. But layoff announcements went up.
Posted In: Unemployment, layoffs, jobs numbers

Layoffs are down, but will hiring be up?

Jun 6, 2013
Overall layoffs have decreased since last year, but some industries in particular are cutting back.
Posted In: Jobs, jobs report, layoffs, Unemployment

The possible downside to the good jobless claims numbers

May 9, 2013
U.S. jobless claims are falling -- most recently to a pre-recession level -- but does that mean nothing more than employers are getting to the point where they can’t lay off any more workers?
Posted In: Jobs, weekly jobless, layoffs

Quarterly job cuts highest since 2011

Apr 4, 2013
Global outplacement firm Challenger, Grey & Christmas reported that employers cut 49,000 jobs in March, down 11 percent from February. Despite the month to month decline, job cuts for the first quarter were their highest since 2011.
Posted In: Jobs, Unemployment, layoffs

Report: Job cuts fall to lowest level since 1997

Jan 3, 2013
Last year saw the fewest job cuts since 1997 according to a report this morning from the job placement firm Challenger, Gray & Christmas.
Posted In: employment, layoffs, jobs report

Citigroup announces 11,000 layoffs

Dec 5, 2012
This morning Citi says that total is about to shrink -- 11,000 job cuts worldwide in the next year or two, some of them at least here in the U.S.
Posted In: Citigroup, layoffs, Banks

For former 'jail teacher,' Plan B is Plan A

Nov 8, 2012
After losing her job teaching at a high school in the county jail, Donielle Lawson wants to stay in education.
Posted In: Teachers and Plan B, teachers, layoffs

Weekly unemployment claims up 13 percent

Oct 18, 2012
Seasonally adjusted claims for unemployment insurance rose by 46,000 last week, or about 13 percent. Is this a blip or the start of a new trend?
Posted In: unemployement, layoffs

Bank of America announces 16,000 layoffs

Sep 20, 2012
Bank of America is accelerating plans to cut costs by laying off workers. According to the Wall Street Journal, the bank has set a target of cutting 16,000 jobs by the end of this year -- about 6 percent of the bank's workforce.
Posted In: banking, Bank of America, layoffs