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Layoffs

Recent layoffs could be a sign of lessons from the Great Recession

by Andy Uhler
Dec 4, 2018
Major company layoffs are not tied to economic worries necessarily.
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Amid cutbacks, tariffs are adding to GM's financial woes

by Mitchell Hartman
Nov 27, 2018
GM announced plant closures in North America and thousands of layoffs, tariffs are also weighing down the car company.
A worker wears a t-shirt during a information session at Local 222 in Oshawa, Ontario, on November 26, 2018.
LARS HAGBERG/AFP/Getty Images
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What layoffs in the mortgage industry say about our economy

by Justin Ho
Nov 16, 2018
It’s been a year of transition for Wells Fargo after a series of scandals in its consumer banking business. The company’s paid billions of dollars in penalties and just announced it’s cutting 900 jobs in its mortgage division. The job cuts are part of a big restructuring plan the bank announced back in September, with […]
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It's hard being a retail worker in this economy

by Marielle Segarra
Oct 12, 2017
With 31,000 jobs cut in a year, even those still employed wonder how long they can hang on.
People walk by a Sears store in a nearly empty shopping mall on March 2017 in Meriden, Connecticut.
Spencer Platt/Getty Images
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ESPN cuts jobs as cost of sports broadcast rights increases

by Aaron Schrank
Apr 26, 2017
ESPN announced a long-awaited round of layoffs today. About 100 staff members are expected to be let go, including on-air reporters and commentators. The cuts are a clear sign of the new economic reality facing live sports broadcasting. Click the audio player above to hear the full story.
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Sometimes a layoff can lead to more happiness

by Mitchell Hartman
Mar 15, 2017
How two Alcoa workers faced with industry downsizing and lost income found work they were better suited for.
Chris Morales, 40, was hired as an EMT at LifeLine Ambulance Inc. in Wenatchee, Washington, after being laid off from Alcoa's aluminum smelter in 2016. The work pays less but is more fulfilling.
Courtesty of Michelle Naranjo/Wenatchee World
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The Big Promise

Laid-off aluminum workers look to retraining

by Mitchell Hartman
Feb 16, 2017
Some are learning to become auto mechanics at Wenatchee Valley College as part of the government-supported program.
Alcoa's aluminum smelter in Wenatchee, Wash., idled since early 2016, was built in 1952. It's adjacent to the Rock Island Dam, built in the 1930s to produce hydroelectric power.
Center for Land Use Interpretation
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Steelworkers boosting tech skills to get back to work

by Kimberly Adams
Jan 4, 2017
Laid off steel workers in Illinois find decades of experience may not be enough.
Martin Oliver worked in the steel mill in Granite City, Illinois for 22 years before he was laid off last year. Now he's training to use computer-driven machine he hopes will make him competitive in the job market again.
Kimberly Adams/Marketplace
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How The Deck Is Stacked

A Job in Manufacturing through a Kodak Lens

by Kai Ryssdal and Tommy Andres
Oct 28, 2016
Kodak was once known as a titan of the manufacturing industry. A retired employee looks back.
Kodak black and white film is offered for sale at Central Camera in Chicago, Illinois. Kodak, which once had a 90 percent market share of U.S. film sales filed for bankruptcy in 2012.  
Scott Olson/Getty Images
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Twitter may be cleaning up its books for a new round of buyers

by Gigi Douban
Oct 27, 2016
But what's it actually have to offer?
   
LEON NEAL/AFP/Getty Images
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