Downsizing

By Heather Huhman In today's world, everyone is a temporary worker. Even if you're an executive at a well-established company, your job could be temporary. Working for yourself? There's no telling how long your business might last. ...

Yahoo is cutting about 5 percent of its work force. Most of the downsizing is expected to take place in their products division. This marks the fourth round of cuts in three years at Yahoo, according to IT World. That amounts to a loss of somewhere between 600 and 700 workers. Like many one-time Internet ...

An AOL reader asks, "I have been let go and I am collecting a severance package. How do I handle this in a interview? My former employer will not report anything negative if a prospective employer calls for a reference." You're not alone! Many people face the same conversation in their interviews each day and ...

No age group is immune to the fever of downsizing and and layoffs that has swept the country over the last few years, but the generation that is hardest hit will probably surprise you. Despite all the news you hear about older, more experienced, more expensive workers being let go, the generation suffering the ...

The United-Continental airline merger has employees in both camps concerned about their future job security. Generally, when two companies merge, operational redundancies are uncovered -- which means the elimination of jobs. And since Chicago will be the new headquarters for the combined airline, employees at the ...

The corner of Duane Street and Reade Street in New York City will never be the same now that Walgreens has announced plans to purchase Duane Reade, a New York-based drug store chain for $618M. While Walgreens plans to operate Duane Reade stores under their current name and keep their senior management team, they ...

Oracle's CEO recently announced plans for approximately 1,000 layoffs at Sun Microsystems on top of the 7,600 jobs that they have already cut. Macy's plans to cut 1,500 store level jobs. And a similar layoff scene is playing out in companies across the nation. Yet many people wait until the other shoe drops ...

Just a few weeks ago Sam's Club, the warehouse store division of Wal-Mart, announced it was closing 11 stores. Now it looks like 11,200 more jobs, or about 10 percent of the staff, will be eliminated. Starting in February, the people handing out samples and doing demonstrations will not be company employees, but ...

AOL employees are in the same boat with the rest of America when it comes to layoffs and downsizing. A full third of all AOL full-time employees, or about 2,300 workers, will be looking for new gigs by the end of the first quarter of 2010, after the large number of pink slips distributed this week. Me? I'm just a ...