Layoffs

Last year saw the fewest job cuts since 1997 according to a report this morning from the job placement firm Challenger, Gray & Christmas.

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.

After losing her job teaching at a high school in the county jail, Donielle Lawson wants to stay in education.

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?

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.

Between disgruntled union workers and thousands of layoffs, yet more American Airlines flights are being cancelled or delayed. Should travelers avoid the bankrupt carrier?

According to job placement firm Challenger Gray & Christmas, the number of planned layoffs at U.S. companies dropped 37 percent from a year ago.

Google announced this morning it will lay off 4,000 people. They're all employees of Motorola Mobility, which Google recently bought.

The big defense contractors -- including Lockheed Martin and Pratt & Whitney -- say they may have to send out mass layoff notices to their employees in a few months. That's because they're worried that hundreds of billions of dollars in expected cuts to the Pentagon's budget will have a big effect on them.

As more people find work where there are jobs to be found, fewer workers are needed in state unemployment offices.