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.
Sep 19, 2012
Between disgruntled union workers and thousands of layoffs, yet more American Airlines flights are being cancelled or delayed. Should travelers avoid the bankrupt carrier?
Sep 6, 2012
According to job placement firm Challenger Gray & Christmas, the number of planned layoffs at U.S. companies dropped 37 percent from a year ago.
Aug 13, 2012
Google announced this morning it will lay off 4,000 people. They're all employees of Motorola Mobility, which Google recently bought.
Aug 9, 2012
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.
Aug 7, 2012
As more people find work where there are jobs to be found, fewer workers are needed in state unemployment offices.
Jul 20, 2012
Several big American companies -- General Electric, Schlumberger, Microsoft -- reported weak earnings and quarterly losses today. The question is, are we due for another round of major layoffs?
Jul 5, 2012
Ahead of tomorrow's June jobs report, data today shows the number of planned job cuts at U.S. companies has dropped to the lowest level in 13 months.
Apr 5, 2012
This morning, the job placement firm Challenger, Gray & Christmas reported that the number of planned layoffs dropped last month to a 10-month low -- a good sign as we await unemployment numbers from the government tomorrow.