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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: layoffs

layoffs stories: 124 news summaries

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book review

Drug Dealers: Experts in Recessionary Business

CEOs could learn a lot from hustlers

Sep 21, 09 5:26 PM CDT
(Newser) - 50 Cent is the first rapper to pen a book of management advice. It’s a shame, then, that The 50th Law, co-written by Robert Greene, boils down to the worst kind of “be authentic” self-help boilerplate, writes Lucy Lucy Kellaway for the Financial Times. As a former drug... More »

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layoffs • CEO • business • 50 Cent • downsizing • drug dealer • self-help • rightsizing

 Furloughs 
 Freeze 
 State 
 Services 

Strapped states try to balance budgets
by shutting down

Sep 4, 09 1:31 AM CDT
(Newser) - States across the country are slashing their labor costs by putting workers on furloughs and cutting services, the Wall Street Journal reports. California, Maine, Maryland and Michigan close state agencies on Fridays. Others are opting to remain open every weekday, but stretch services by placing thousands of workers on rolling... More »

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layoffs • government spending • state governments • state budgets • furlough

 Horses Laid Off as 
 Cop Budgets Trimmed 

Police, locals 'heartbroken' to see them go

Jul 27, 09 11:04 AM CDT
(Newser) - It’s not just humans facing unemployment these days: horses are seeing their jobs disappear as police in Boston, Toledo, and other cities cut their mounted units, the Wall Street Journal reports. The units are said to bolster crowd control, with one mounted cop worth 15 on foot. And “... More »

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layoffs • police • recession • horse

Looking for Work? Better Have a Job Already

Another hurdle for job-seekers as unemployment nears 10%

Jun 30, 09 2:30 PM CDT
(Newser) - Finding a job when unemployment is at 9.4% is hard enough. But the recently laid-off have another hurdle to contend with: Many employers are most interested in attracting candidates who are still working, the Wall Street Journal reports. “If they’re employed in today’s economy, they have... More »

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layoffs • employment • recession • unemployment • job search • recruiting • job application • recession depression • jobless

 Many Toil Through 
 Forced Leave 

Workers on furloughs aren't granted—or won't allow themselves—time off

Jun 15, 09 7:34 AM CDT
(Newser) - Sure, required time off beats a layoff—but that can be tough to remember as many continue working through their furloughs, the New York Times reports. Some worry their jobs are at stake if they don’t keep working; others just can’t get their employers to schedule days off.... More »

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layoffs • employment • workers • recession depression • furlough

 Google 
 Dumps 
 Disney Trip 
 to Save Bucks 

Employees' annual outing canceled after round of job cuts

Jun 12, 09 4:19 AM CDT
(Newser) - There may be some tears and tantrums at Google's normally happy headquarters this week, the Telegraph reports. The company, rated one of the world's best to work for thanks to its generous perks, has canceled the annual company-wide trip to Disneyland. Insiders say executives decided the trip was too extravagant... More »

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Google • layoffs • Disneyland • employees

Firms Feed
Workers to
Boost Morale

It's not a raise, but perk goes long way in tough times, managers say

Jun 11, 09 1:45 PM CDT
(Newser) - The way to employee satisfaction is apparently through their stomachs. Businesses slicing jobs and benefits in tough times are finding that free food is a cheap way to boost worker morale, the Boston Globe reports. The majority of financial officers recently surveyed—68%—is taking steps to boost employee spirits.... More »

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food • layoffs • recession • office • employee • morale

 Jobless Cling 
 to Their Faith 
 in Detroit 

Religions offer
comfort as jobless
face pain, hunger

May 31, 09 6:10 PM CDT
(Newser) - Thousands of Detroit's jobless are coping with fear and desperation by falling back on faith, the Detroit Free Press reports. Houses of worship are increasingly fielding calls from people seeking jobs, food, and housing—but above all, congregants say, they find comfort. "When the tension comes and the pressure... More »

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layoffs • Detroit • religion • God • church • faith • auto industry • economic crisis

OPINION

Wanted: Female Bloggers Not Afraid of Math

Feminists focus on fluffy recession news, hurt women's cause

May 26, 09 5:47 PM CDT
(Newser) - What movies do broke people watch? How do lipstick sales reflect a limping economy? A review of women's blogs shows a dangerous emphasis on "recession lite," writes Linda Hirshman for DoubleX. What women need is someone willing to do the math and go to bat against the men... More »

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feminism • layoffs • women • unemployment • economist • economic stimulus package

 44 States Shed Jobs in April 

Job shedding continued last month

May 22, 09 3:07 PM CDT
(Newser) - Instead of May flowers, April showers brought a flood of job losses, with 44 states notching declines, the Wall Street Journal reports. California led the pack with 63,700 positions cut, but its 11% unemployment rate trailed those of Michigan (12.9%), Oregon (12%), South Carolina (11.5%), and Rhode... More »

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California • layoffs • unemployment • job market

(Newser) - Already-downsized companies seeking to cut costs further will likely increase temporary layoffs this summer, hoping the season will ease the pain of a missed paycheck, Fortune reports. A recent poll found that 44% of US companies are considering or have already implemented furloughs. But some institutions and employees are getting... More »

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layoffs • cost cutting • recession • vacation • furlough • furcation

This Mother's Day, She's
Likely at Work

Women take on role
of breadwinner as
4 of 5 lost jobs hit men

May 10, 09 10:19 AM CDT
(Newser) - She's chef, cheerleader, and Florence Nightengale to scraped knees, but with the economy stinking like a previously enjoyed diaper, Mom is more and more often also a family's breadwinner, reports NPR. As male-dominated industries hemorrhage jobs, 14% of working moms are taking second jobs, a survey suggests. The recession has... More »

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layoffs • men • women's rights • recession • working mothers • job market • job • equal pay

 Layoffs Slow as Unemployment 
 Hits 8.9%, Worst Since '83 

539K positions cut; jobless rate hits 8.9%, highest since 1983

May 8, 09 8:45 AM CDT
(AP) - The pace of layoffs slowed in April when US employers cut 539,000 jobs, the fewest in 6 months; economists had expected 620,000 job cuts. But the unemployment rate climbed to 8.9%, the highest since late 1983, as many businesses remain wary of hiring in a climate of... More »

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layoffs • unemployment • unemployment benefits • job cuts • economy

Chrysler Halts Production to Lower Inventory

Automaker also appears in court to lay out bankruptcy plan

May 1, 09 3:02 PM CDT
(Newser) - Chrysler idled its plants today for 30 to 60 days to reduce inventory as the company’s lawyers appeared in a New York bankruptcy court, the Washington Post reports. The attorneys outlined a plan to emerge from bankruptcy within 2 months. “We are quite mindful of the view... More »

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Chrysler • New York City • layoffs • bankruptcy • Big Three • production • plant • Obama administration • U.S. Bankruptcy Court • auto bailout

glossies


 Sanford Still 
 Fights Stimulus 
 Plan, Tears 
 in His Eyes 

SC Guv sticks to his guns over rejecting stimulus money

Apr 26, 09 5:28 PM CDT
(Newser) - Angry state legislators and picketing teachers still haven't swayed Mark Sanford. The conservative governor of South Carolina is ignoring opponents and his dipping approval rating, now at 40%, because he's wary of federal stimulus dollars. But when a lone security guard gives his support, Sanford's strained emotions begin to show.... More »

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Republican • layoffs • South Carolina • GOP • governor • economic stimulus package • Mark Sanford • teachers

Mo. Paper Axes Journalist Shot on the Beat 

Reporter was wounded in '08 Kirkwood city council rampage

Apr 22, 09 2:40 PM CDT
(Newser) - A St. Louis-area reporter shot last year while covering a city council meeting has been laid off from his paper, the Riverfront Times reports. Todd Smith spent days in the hospital last February after taking a bullet in the hand in an attack that left seven dead. “This is... More »

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layoffs • St. Louis • recession • reporter • editor • Kirkwood, Missouri • gunshot wounds • newspaper industry • Todd Smith

(AP) - Yahoo says its slump worsened in the first quarter as the recession made it more difficult to sell the ads that generate most of its profits. The company says it will cut 600 to 700 jobs, or about 5 percent of its work force. Yahoo says it earned $118 million,... More »

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Yahoo • layoffs • corporate earnings • tech sector

Pulitzer Winner Was Laid Off

But he started Arizona news site with axed editor who supervised heralded series

Apr 21, 09 3:39 AM CDT
(Newser) - Pulitzer, Schmulitzer: being a terrific journalist is no insurance against unemployment. East Valley Trib reporter Paul Giblin was laid off from the Arizona paper last year even though he co-authored its series on immigration crackdowns that won a Pulitzer Prize for Local Reporting yesterday. The supervising metro editor was also... More »

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Arizona • layoffs • Pulitzer Prize • journalism • fiscal crisis • recession depression • East Valley Tribune • Paul Giblin

 Gunman Kills 2, Self 
 at Calif. Medical Center 

Pharmacy worker believed to have been fearing layoffs

Apr 17, 09 4:08 AM CDT
(Newser) - A worker at the Long Beach Medical Center shot and killed his boss and another manager before taking his own life yesterday, reports the Los Angeles Times. Witnesses said pharmacy technician Mario Ramirez, 50, showed up for work brandishing a pair of handguns and deliberately sought out his victims. Friends... More »

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California • layoffs • murder-suicide • Long Beach • shooting • mass shootings • Mario Ramirez

UBS Announces $1.7B More
 Losses, 8,700 Job Cuts

Bank blames US tax fraud case for some of its 1Q losses

Apr 15, 09 7:52 AM CDT
(Newser) - Bad times are continuing for UBS in the wake of last year's record loss, the Guardian reports. The troubled Swiss bank reported a $1.75 billion loss in the first quarter, and announced plans to ax 8,700 employees—11% of its global workforce—sparking rumors that it plans to... More »

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layoffs • Switzerland • UBS • earnings reports • tax evasion • bank • banking • tax haven

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