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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: lay-offs

lay-offs stories: 2 news summaries

(Newser) - It doesn't pay to drill, baby, drill anymore. Falling world prices have brought an end to the boom in domestic drilling for oil and natural gas, the New York Times reports. Last summer, 2,400 gas and oil rigs were deployed in the hunt for energy. Today, that figure is... More »

MORE ABOUT:
recession • gas prices • natural gas • oil drilling • oil prices • domestic oil production • lay-offs

 Factory Sit-In Ends in Victory 

Workers win severance and benefits

Dec 11, 08 2:44 AM CST
(Newser) - Laid-off workers who occupied a Chicago factory have agreed to end their sit-in after winning severence pay and benefits, Reuters reports. Each of the 200 workers at shuttered Republic Windows and Doors will receive two months pay, accrued vacation and two months health care coverage. The $1.75 million cost... More »

MORE ABOUT:
Wall Street • Chicago • Bank of America • bailout • JPMorgan Chase • Main Street • financial crisis • Republic Windows and Doors • Rep. Luis Gutierrez • severance pay • lay-offs

2 Stories


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