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WATCH: The Best Way To Protect Yourself From Being Laid Off
4 hours ago - Huffington Post - May 18, 2013 8:50 AM
Corporate layoffs -- they're difficult, daunting and oftentimes a complete surprise to employees. Even though you may not be able to predict if your company...
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5
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HP Execs Are Finding Some Dark Humor In All The Rumors About Autonomy Layoffs (HPQ)
20 hours ago - Business Insider - May 17, 2013 4:29 PM
Autonomy has seen its fair share of turmoil since HP acquired it in 2011, as several senior executives have left and rumors have swirled that HP is looking to sell the troubled unit or gut its staff with layoffs. But amid all this uncertainty,
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4
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Major Ad Exec's Internal Memo Explains 'Human Side' Of Recent Layoffs
1 day ago - Business Insider - May 17, 2013 10:00 AM
Yesterday two Omnicom agencies, BBDO and Goodby Silverstein & Partners, announced layoffs following the loss of major accounts Gillette and Chevrolet, respectively. While BBDO hasn't commented apart from characterizing the cuts as "significant an
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Two Agencies Announce Layoffs After Big Client Losses [THE BRIEF]
1 day ago - Business Insider - May 17, 2013 9:01 AM
Good morning, AdLand. Here's what you need to know today: BBDO and Goodby Silverstein & Partners announced layoffs due to the recent losses of major clients. Adweek reports that BBDO made "significant" cuts yesterday in large part
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Layoffs Watch ’13: Credit Suisse (Update)
2 days ago - Dealbreaker - May 16, 2013 4:01 PM
Cuts are a’ coming at the House Of Dougan. Fewer than 100 employees should be worried about HR asking if they have “a quick sec to chat” in a conference room where crying the crying will be less obvious, but each and every CSFB̵
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Layoffs Watch ’13: BNP
3 days ago - Dealbreaker - May 15, 2013 12:54 PM
The French have suggested everyone gird their loins for big-ish cuts. Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: BNP Paribas, Layoffs, significant drops
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New York's Most Tragic Startup Story Continues As Lot18 Lays Off 11 More People
5 days ago - Business Insider - May 13, 2013 12:02 PM
Lot18, a wine e-commerce site that once dominated the New York startup scene, is undergoing more layoffs. This morning, eleven people were let go, dwindling the staff down to 36. Last year, Lot18 had nearly 100 employees. The cuts were made across al
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HSBC Could Announce More Layoffs
6 days ago - Fox Business - May 12, 2013 10:35 PM
HSBC Holdings PLC (HBC) could announce more job cuts on Wednesday, when investors will be told that Chief Executive Stuart Gulliver will push ahead with plans to produce a leaner, more streamlined bank, U.K. daily The Independent reported on its webs
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HSBC Could Announce More Layoffs -Report
6 days ago - Fox Business - May 12, 2013 10:26 PM
HSBC Holdings PLC (HBC) could announce more job cuts on Wednesday, when investors will be told that Chief Executive Stuart Gulliver will push ahead with plans to produce a leaner, more streamlined bank, U.K. daily The Independent reported on its webs
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IAG Loss Widens on Restructuring
1 week ago - WSJ - May 10, 2013 6:32 AM
International Consolidated Airlines Group is pushing ahead with plans to shrink its Iberia unit even as costs earmarked for layoffs contributed to a wider loss in the first three months of the year.
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Jobless Claims, by One Measure, at Pre-Recession Level
1 week ago - WSJ - May 9, 2013 10:56 AM
A closely watched measure of layoffs fell to pre-recession levels for the first time last week, a figure consistent with other signs of an improving labor market.
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9
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Are Layoffs Nearing Pre-Recession Levels?
1 week ago - Wall St Cheat Sheet - May 9, 2013 10:10 AM
Claims dropped to 323,000 last week -- another five-year low...
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Economic Report: Jobless claims hit lowest level since 2008
1 week ago - MarketWatch - May 9, 2013 8:53 AM
New claims for jobless benefits have hit the lowest level in more than five years, though there’s been little recent change in the pace of layoffs, according to a weekly government report released Thursday.
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1
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Vestas' Struggles Continue, More Layoffs To Come
1 week ago - Huffington Post - May 9, 2013 8:18 AM
Vestas Wind Systems continued to see a bunch of negatives in its financial condition this quarter. In all, the struggling Danish company with four manufacturing...
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Looking for a comeback, Zynga embraces austerity and FarmVille
1 week ago - Reuters - May 8, 2013 6:44 PM
SAN FRANCISCO (Reuters) - In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it is coming to terms with downsized ambitions.
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1
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Layoffs Hit The Daily News
1 week ago - Huffington Post - May 8, 2013 4:40 PM
The Daily News is now undergoing what employees of the tabloid have been fearing for weeks: Multiple insiders tell Capital that layoffs have hit the...
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Help Wanted: Hiring, Not Just Fewer Layoffs
1 week ago - WSJ - May 8, 2013 3:58 PM
Jobless claims—at their best level of the expansion—may not signify a completely clean bill of health for the economy. A slowdown in layoffs has to be coupled with an improvement in hiring.
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UPDATE 1-Weak broadband, TV drag on Telefonica Brasil profit
2 weeks ago - Reuters - May 7, 2013 8:40 AM
SAO PAULO, May 7 (Reuters) - Telefonica Brasil SA , the country's biggest telecom company, posted a bigger-than-expected drop in quarterly profit on Tuesday due to falling broadband and television revenue and the cost of a new round of layoffs.
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UPDATE 1-Weak broadband, TV drag on Telefonica Brasil profit
2 weeks ago - Reuters - May 7, 2013 8:40 AM
SAO PAULO, May 7 (Reuters) - Telefonica Brasil SA , the country's biggest telecom company, posted a bigger-than-expected drop in quarterly profit on Tuesday due to falling broadband and television revenue and the cost of a new round of layoffs.
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Looking for a comeback, Zynga embraces austerity and FarmVille
2 weeks ago - Reuters - May 6, 2013 7:08 AM
SAN FRANCISCO (Reuters) - In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it is coming to terms with downsized ambitions.
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FEATURE-Looking for a comeback, Zynga embraces austerity and FarmVille
2 weeks ago - Reuters - May 6, 2013 6:59 AM
SAN FRANCISCO, May 6 (Reuters) - In the past twelve months,Zynga Inc has struggled with a contracting player base,a deflated stock price and waves of layoffs. Now it is coming toterms with downsized ambitions.
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FEATURE-Looking for a comeback, Zynga embraces austerity and FarmVille
2 weeks ago - Reuters - May 6, 2013 6:59 AM
SAN FRANCISCO, May 6 (Reuters) - In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it is coming to terms with downsized ambitions.
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FEATURE-Looking for a comeback, Zynga embraces austerity and FarmVille
2 weeks ago - Reuters - May 6, 2013 6:59 AM
SAN FRANCISCO, May 6 (Reuters) - In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it is coming to terms with downsized ambitions.
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FEATURE-Looking for a comeback, Zynga embraces austerity and FarmVille
2 weeks ago - Reuters - May 6, 2013 6:59 AM
SAN FRANCISCO, May 6 (Reuters) - In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it is coming to terms with downsized ambitions.
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Write-Offs: 05.03.13
2 weeks ago - Dealbreaker - May 3, 2013 6:05 PM
$$$ Vinik to Shut Hedge-Fund Business to Focus on Hockey Team [Bloomberg] $$$ JP Morgan Under Regulatory Fire [WSJ] $$$ Buffett Investors Arrive In Good Spirits [WSJ] $$$ Glencore CEO’s: Expect Layoffs [WSJ] $$$ Man accused of shoplifting from
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Source: Oracle Gave Some Of Their Hardware People The Pink Slip On Friday (ORCL)
2 weeks ago - Business Insider - May 3, 2013 5:43 PM
Sources are telling us that some Oracle employees got pink slips on Friday. All of them are from Sun Microsystems' hardware groups. Friday's layoffs hit employees in the "legacy hardware" units from Sun, particularly salespeople and some ma
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Glencore Xstrata CEO: Expect Big Layoffs
2 weeks ago - WSJ - May 2, 2013 7:16 PM
As Glencore Xstrata shares start trading Friday, CEO Ivan Glasenberg's focus is on integrating the two firms, squeezing out every ounce of profit, and watching for the next deal.
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JCPenney Employees Were 'Crying From Excitement And Joy' After Ron Johnson's Ouster
2 weeks ago - Business Insider - May 2, 2013 12:02 PM
Ron Johnson's tenure at JCPenney, greeted with so much optimism, quickly turned into a disaster. Constant layoffs, a culture of secrecy, and distrust of Johnson's management team left many employees, and even executives, miserable. His departur
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Bank Layoffs Continue to Mount
2 weeks ago - TheStreet - May 2, 2013 11:37 AM
NEW YORK (TheStreet) -- Layoffs in the financial industry are accelerating, according to the latest report from outplacement firm Challenger Gray & Christmas.Wall Street shed 34,856 jobs in the first four months of 2013, nearly three times the 12,860
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U.S. planned layoffs at lowest of the year in April: Challenger
2 weeks ago - Reuters - May 2, 2013 7:46 AM
NEW YORK (Reuters) - The number of planned layoffs at U.S. firms fell to their lowest level of the year in April, suggesting slowing economic growth has not translated into significant job losses, a report showed on Thursday.
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Greek parliament passes bill to lay off 15,000
3 weeks ago - MarketWatch - Apr 29, 2013 2:50 AM
MADRID (MarketWatch) -- The Greek Parliament late Sunday passed a bill that will see 15,000 civil servants lose their jobs by the end of next year, according to media reports. The layoffs are part of a new set of measures that the country must undert
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Greece Passes Bill Required to Get Aid
3 weeks ago - WSJ - Apr 28, 2013 10:15 PM
The Greek Parliament passed a bill late Sunday that paves the way for thousands of public-sector layoffs and ratifies other changes agreed with the country's creditors.
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Parliament Passes Plan for Layoffs in Greece
3 weeks ago - NY Times - Apr 28, 2013 9:08 PM
The contentious plan would dismiss 15,000 civil servants by the end of next year as part of a new package of economic measures.
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Greek Bill Opens Way for Civil Service Layoffs
3 weeks ago - TheStreet - Apr 28, 2013 4:54 PM
ATHENS, Greece -- Greece's Parliament has approved an emergency omnibus bill that will ensure continued bailout funding by the country's creditors and pave the way for public sector layoffs.
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111
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Public and Private Sector Payroll Jobs: Bush and Obama
3 weeks ago - Calculated Risk - Apr 28, 2013 10:33 AM
With public sector jobs down over the last several years (Federal, State and local layoffs), several readers have asked if I could update the graphs comparing public and private sector job losses (or added) for President George W. Bush's two ter
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SecondMarket CEO Announces Layoffs in Self-Critical Blog Post
3 weeks ago - Inc - Apr 26, 2013 6:41 AM
"I admit it, I screwed up."In a blog post published Thursday afternoon, SecondMarket founder and CEO Barry Silbert announced a big round of layoffs-- and that it was all his fault. Citing difficulties transitioning the company from “a telephone
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EA Hit With More Layoffs
3 weeks ago - CNBC - Apr 25, 2013 9:36 PM
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Fewer Layoffs, but Employers Are Still Hesitant to Hire
3 weeks ago - NY Times - Apr 25, 2013 8:26 PM
The drop in claims suggests that layoffs have declined, though many companies, still uncertain about the economy, have been reluctant to hire.
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The Carnage Continues At EA As The Company Confirms Layoffs “In Some Locations”
3 weeks ago - The Consumerist - Apr 25, 2013 5:00 PM
In recent weeks we’ve heard reports and rumors of layoffs over at Worst Company In America 2013 winner Electronic Arts, and today the company confirmed the carnage is continuing. It’s unclear how many staffers were cut, as EA just says th
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135
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U.S. Stocks Climb
3 weeks ago - WSJ - Apr 25, 2013 12:27 PM
The Standard & Poor's 500 headed for its fifth-straight daily gain, as a measure of U.S. layoffs unexpectedly tumbled and British economic growth topped projections.
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Jobless Claims Near Five-Year Low
3 weeks ago - WSJ - Apr 25, 2013 11:24 AM
Initial jobless claims, a proxy for layoffs, declined by 16,000 to a seasonally adjusted 339,000 in the week ended April 20, the Labor Department said.
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Los Angeles mayor's budget plan closes $216 mln deficit
4 weeks ago - Reuters - Apr 23, 2013 6:22 PM
SAN FRANCISCO, April 23 (Reuters) - Los Angeles city employees would be spared the layoffs and furloughs of the recent past under Mayor Antonio Villaraigosa's $7.7 billion budget plan, but would have...
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Terrible European Auto Sales Are Now Triggering Layoffs And Plant Closures
4 weeks ago - Business Insider - Apr 22, 2013 3:00 PM
The supervisory board at General Motors has voted to close a German factory producing its Opel brand cars, the first time an auto plant in the country has been shut down in decades. 3,000 workers will lose their jobs, according to Reuters. GM is not
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Pictures From the Week in Business
4 weeks ago - NY Times - Apr 20, 2013 12:54 AM
Greece looks at civil service layoffs, Japan reports a wide trade deficit, and earnings season is good to Goldman Sachs, not so good to Google.
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3
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Lucasfilm Cuts 20-Plus Jobs As Integration With Disney Continues
4 weeks ago - Business Insider - Apr 19, 2013 11:40 AM
A week after layoffs at Walt Disney Studios, Lucasfilm was hit this week with pink slips of its own. More than two dozen staff members were laid off, I have learned. The cuts came primarily in the company’s financing, licensing and distribution
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10
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IBM Profit Machine Slows; Layoffs Planned
4 weeks ago - Fox Business - Apr 18, 2013 5:30 PM
International Business Machines Corp.'s (IBM) first-quarter earnings fell 1.1% as the computing and tech services giant recorded declines in services and hardware sales.
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Here's How Meg Whitman Is Trying To Win Back The Love Of HP Employees (HPQ)
1 month ago - Business Insider - Apr 17, 2013 12:57 PM
By any measure, it's been a rough few years for the employees of Hewlett-Packard, with massive layoffs, stock options under water and a constant string of new bosses. But one HP manager we talked to says the mood among many HP employees is starting t
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Disney Is Staying on Its Toes
1 month ago - The Motley Fool - Apr 17, 2013 10:48 AM
Recent layoffs show that Disney isn't resting on its laurels.
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125
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Greece Reaches New Deal With Lenders
1 month ago - NY Times - Apr 15, 2013 5:42 AM
The agreement, after nearly two weeks of tense negotiations, includes thousands of layoffs in the civil service.
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144
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Deep Staff Cuts Wounded Penney
1 month ago - WSJ - Apr 15, 2013 12:01 AM
Layoffs at J.C. Penney while Ron Johnson was CEO have left Myron "Mike" Ullman, the returning CEO, with a huge morale problem to overcome as he works to halt the slide in sales.
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