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CNNMoney

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CNNMoney covers everything from Personal Finance, Retirement, Autos and Small Business to the Economy, Markets and Technology.

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HP Prepares To Announce Mass Layoffs

  • HP Prepares To Announce Mass Layoffs

    By CNNMoney, Posted May 23rd 2012 @ 8:53AM

    By David Goldman and Michal Lev-Ram NEW YORK -- Hewlett-Packard will announce another round of substantial job cuts Wednesday afternoon in an effort to streamline its teetering PC and services businesses, a source familiar with the plans told Fortune. The layoffs will be "in the ballpark" of 25,000 ...

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  • Paying Companies To Hire The Unemployed

    By CNNMoney, Posted May 18th 2012 @ 8:47AM

    By Tami Luhby NEW YORK -- Would you donate $6,000 to subsidize someone else's job? The WorkPlace, a Connecticut non-profit agency, believes the best way to get the long-term unemployed back into the workforce is by paying companies to hire them. ...

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  • Best Big Companies To Work For

    By CNNMoney, Posted May 10th 2012 @ 10:16AM

    Which companies made Fortune's "Best Companies To Work For" list this year? Here are the top 10. Click here to see the full list of 20 on CNNMoney. ...

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  • Should Yahoo's CEO Be Fired For Lying?

    By CNNMoney, Posted May 9th 2012 @ 8:57AM

    By Julianne Pepitone NEW YORK -- Shock over the news that Yahoo CEO Scott Thompson padded his resume with an embellished college degree quickly gave way to two questions: How the hell did this happen? And what should Yahoo, which went through three CEOs in three years, do about it? "Thompson has quickly ...

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  • The 86 Million Invisible Unemployed

    By CNNMoney, Posted May 3rd 2012 @ 9:35AM

    By Annalyn Censky NEW YORK -- There are far more jobless people in the United States than you might think. While it's true that the unemployment rate is falling, that doesn't include the millions of nonworking adults who aren't even looking for a job anymore. And hiring isn't strong enough to keep up with ...

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  • Large Layoffs Loom On Wall Street

    By CNNMoney, Posted Apr 30th 2012 @ 4:41PM

    By Stephen Gandel Perhaps the only thing more broken than Wall Street's business model is its staffing strategy. After adding thousands bankers in the past two years, financial firms again appear to be on the verge of cutting that many positions and then some. Consultants and Wall Street recruiters say ...

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  • CEO Pay Is 380 Times Average Worker's, Says AFL-CIO

    By CNNMoney, Posted Apr 20th 2012 @ 10:44AM

    By Jennifer Liberto WASHINGTON -- Chief executives at some of the nation's largest companies earned an average of $12.9 million in total pay last year -- 380 times more than a typical American worker, according to the AFL-CIO. Average CEO pay rose 14 percent compared to 2010, when they earned $11.4 ...

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  • High-Tech Giant's $350 Million Plan To Train New Workers

    By CNNMoney, Posted Apr 16th 2012 @ 9:21AM

    By David Goldman While Americans struggle to finds jobs, some of the country's biggest companies insist they're struggling just as hard to find workers with the skills they need. "We are interviewing 11 people to find one qualified candidate," AT&T CEO Randall Stephenson told CNNMoney. "It's stunning ...

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  • 2 College Majors That Pay Off In 2012

    By CNNMoney, Posted Apr 4th 2012 @ 8:19AM

    By Blake Ellis NEW YORK -- This year's college graduates are being offered more jobs and fatter paychecks. Members of the Class of 2012 are being offered median starting salaries of $42,569 -- up 4.5 percent from last year, a new report from the National Association of Colleges and Employers shows. ...

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