Highlights
Layoffs and downsizing both refer to reductions that companies make in staff.
Layoffs and downsizing both refer to reductions that companies make in staff.
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Sun Microsystems swings budget ax, cuts 6,000 jobs
SAN FRANCISCO (AP) - Sun Microsystems Inc. says it will cut up to 6,000 of its workers, or 18 percent of its global staff. Sun also says its software chief, Rich Green, has resigned. The company has fallen into a deep slump as sales of its...Tags: ConocoPhillips, Sun Microsystems Inc., Companies and Corporations, Colorado, Santa Clara
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Unemployment rate continues to rise
A new government report shows 533,000 people lost their jobs last month. This is the largest monthly job loss since 1974. It now brings the total job loss to nearly 2 million this year. Here in Colorado close to 150,000 people are unemployed. However, the...Tags: Career and Workplace, Unemployment, Job Layoffs, Colorado
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Community colleges thriving due to poor economy
As businesses continue to announce widespread layoffs, employees are scrambling to beef up their resumes. For many, that means heading back to school. Arapahoe Community College has seen a 14 percent increase in enrollment since this summer. "My...Tags: Career and Workplace, Unemployment, Gaming, Entertainment, Colleges and Universities
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Level 3 to lay off 450 workers in North America
BROOMFIELD, Colo. (AP) - Internet network provider Level 3 Communications Inc. says it is laying off about 450 North America employees, or approximately 8 percent of its total work force. The Broomfield-based company says the reductions will take...Tags: Management Change, Career and Workplace, Employees, Unemployment, Companies and Corporations
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Anheuser-Busch-InBev to cut 1,400 jobs in US
BRUSSELS, Belgium (AP) - Anheuser-Busch-InBev says it will cut 1,400 U.S. jobs -- or 6 percent of its U.S. work force -- as part of plans to streamline the beer company. It said three quarters of the jobs to disappear will go from Anheuser's...Tags: Companies and Corporations, Anheuser-Busch, Belgium
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Layoffs at Gates plant in Arkansas
SILOAM SPRINGS, Ark. (AP) - The Gates Corporation factory in Siloam Springs, Arkansas is laying off 50 workers as it installs equipment from a plant that's closing in South Carolina. But the company says it will keep the positions and rehire workers...Tags: Career and Workplace, Employees, Unemployment, Companies and Corporations, Arkansas
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Eldora ski resort preps for opening
NEDERLAND, Colo. (AP) - Another ski resort opens tomorrow. Eldora Ski Area in Nederland opens four trails and four lifts Friday. The resort says it has a 24-inch base of machine-made and packed powder snow. At least a half-dozen ski...Tags: Recreational and Sporting Goods Industry, Colorado
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San Luis-based schools lay off 2 teachers
SAN LUIS, Colo. (AP) - A small school district in San Luis has laid off two teachers and two other staffers because of deep financial problems. The Centennial School District board approved the midyear layoffs last week to help eliminate a budget...Tags: Career and Workplace, Unemployment
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Macy's announces layoffs; state budget looks to retailers
The country's second largest department store chain announced layoffs on Monday. Macy's will eliminate 7,000 jobs, about 4% of its workforce. It's not yet known how many of the job losses will occur in Colorado. Chris Howe of the Colorado Retail...Tags: Career and Workplace, John Morse, Budgets and Budgeting, Unemployment, Colorado
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Janus plans layoffs to help cut expenses
DENVER (AP) - Janus Capital Group says it's planning to cut compensation, jobs and spending to offset declining revenue amid the downturn in the equity markets. The investment manager plans to cut about 9 percent of its staff -- or roughly 115...Tags: Janus Capital Group Inc.
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Specialist banks cherry pick from lay-offs
ReutersLONDON (Reuters) - Small investment banks and brokerages in Europe are making the most of a hiring shutdown and cuts at bigger rivals, cherry picking staff frustrated by new pay rules and uncertainty over strategy. Those still in jobs are enquiring...Tags: Investment Service, London (England), Europe, Goldman Sachs, Companies and Corporations
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Financial outlook for Pennsylvania schools in crisis stage, survey shows
HARRISBURG — Buffeted by the economy and declines in state and federal funding, the financial condition of Pennsylvania's public schools has reached a crisis stage with districts making ever deeper cuts to staff and programs to make ends meet, a new...Tags: Republican Party, Harrisburg (Dauphin, Pennsylvania), Budgets and Budgeting, Crime, Law and Justice, Justice System
Nov 14, 2008
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Dec 6, 2008
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Dec 12, 2008
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Dec 9, 2008
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Dec 9, 2008
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Oct 3, 2008
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Nov 21, 2008
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Nov 24, 2008
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Feb 3, 2009
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Oct 24, 2008
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May 23, 2012
|Story| Reuters
May 22, 2012
|Story| Allentown Morning Call
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