Downsizing

Unemployment is slowly declining, but many employers are still downsizing. Just last week Sony announced it was restructuring and letting go of 2,000 workers. How can you make sure that you're not laid off? If you make sure to demonstrate your value, you can increase the odds that your job won't be ...

By Michelle Chapman NEW YORK -- Newell Rubbermaid plans to cut more than 1,900 jobs, or about 10 percent of its worldwide workforce, over the next two and a half years as the consumer products company reorganizes its operations in a bid to boost profitability. The company, known for Sharpie pens and ...

By Randall Chase DOVER, Del. (AP) - Chemical maker the DuPont Co. will cut 1,500 jobs and take other steps to increase competitiveness after a third quarter in which earnings fell sharply. The Wilmington, Del.-based company reported net income of $10 million Tuesday, or a penny per share, compared ...

The number of planned layoffs at U.S. firms in September rose 4.9 percent after hitting a 20-month low in August, a report on Thursday showed. Employers announced planned job cuts of 33,816 last month, up from 32,239 in August, according to the report from consultants Challenger, Gray & Christmas, Inc. ...

By Roberta Cowan Philips Electronics stepped up its cost-cutting drive on Tuesday and said more jobs would go as part of a drastic overhaul of its business, which began to turn around in the first half after losing 1.3 billion euros in 2011. ...

The recent announcement of 27,000 layoffs at HP can send a chill through any corporate employee. The reality is that anyone can end up out of work from an unexpected corporate restructuring. It pays to know what immediate steps to take if and when you are faced with being laid off. ...

Never heard of "job swooshing" before? It's a jobs creation phenomenon that occurs post-recession. Ask anyone who has been in the HR, recruiting and staffing industry for decades and they'll tell you: Job swooshing is the first sign of recovery in the job market. Here's why. ...

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 ...

By Tom Raum WASHINGTON -- Conservative Republicans have long clamored for government downsizing. They're starting to get it -- by default. Crippled by plunging tax revenues, state and local governments have shed over a half million jobs since the recession began in December 2007. And, after adding jobs ...