While Dutch bank ING will be cutting thousands of jobs globally and the chief executive will be stepping down, the company is not going bust. Stephen Beard reports how the Dutch taxpayer will help.
To cope with the recession, many companies are considering layoffs or pay cuts. Across-the-board pay cuts are mounting and more are expected to follow. But is it better for companies to cut pay or let employees go? Jeremy Hobson reports.
Company layoffs keep piling up. With so many people out of work, it can have a huge ripple effect. Sadie Babits has the story of one man who is dealing with the effects of unemployment in Portland, Ore.
The U.S. solar industry has enjoyed a lot of growth in recent years, but it's not immune to recession. Many solar companies have confirmed layoffs, factory closings or construction delays. Sarah Gardner reports.
The inauguration ceremony was appointment television for a lot of people, even though it was a workday. So, lots of Americans played hooky. Jeremy Hobson spent some time with people who were watching Obama on a big-screen TV in Harlem.
Around the turn of the millennium there was a big push at corporations to increase diversity. How far have we come in bringing diversity to the workplace? Bob Moon speaks with diversity consultant Steve Robbins.
On the heels of its brokerage merger announcement, Citigroup is also expected to sell off several financial services to counter a potential $10 billion loss. Jeremy Hobson reports what the bank might be shedding.
The Labor Department says businesses cut 524,000 jobs in December, making the month's unemployment rate the highest it's been in more than 15 years. But Janet Babin reports job figures may improve somewhat later this year.
The House is expected to pass a pair of civil rights bills today designed to give workers more power to sue over alleged pay discrimination. Mitchell Hartman explains why now is an important time for fairness law.
