Lay Offs

  • 10 Signs That You're A 'Problem' Employee

    10 Signs That You're A 'Problem' Employee

    Self-awareness is a skill that eludes many. You probably know people who view themselves as rock stars, when the rest of the world knows they're better suited to being part of the fan club. Professionally, it's not unusual for people to have a disconnected sense of their own worth. It's the person who thinks he... Continue Reading

  • Oldest Family Business In U.S. Profits Without Layoffs Or Outsourcing

    Oldest Family Business In U.S. Profits Without Layoffs Or Outsourcing

    In a time when American manufacturing is outsourcing, automating, and downsizing, the story of the Avedis Zildjian Company sounds like an urban legend: a 390-year-old manufacturer of cymbals that has never laid off a worker, at least in recent memory. Rather than lay off employees when their jobs are automated,... Continue Reading

  • Morgan Stanley Plans To Cut 1,600 More Jobs

    Morgan Stanley Plans To Cut 1,600 More Jobs

    (Reuters) - Morgan Stanley plans to cut 1,600 employees starting this week, two people familiar with the matter said on Wednesday, in the latest sign of a pullback on Wall Street as revenue from trading and deal-making remains in the doldrums. The staff reduction pertains to Morgan Stanley's institutional... Continue Reading

  • Texas Instruments To Cut 1,700 Jobs

    Texas Instruments To Cut 1,700 Jobs

    (Reuters) - Texas Instruments is eliminating 1,700 jobs, as it winds down its wireless business to focus on chips for more profitable markets like cars and home appliances. Texas Instruments said in September it would halt costly investments in the increasingly competitive smartphone and tablet chip business,... Continue Reading

  • Panasonic To Cut 10,000 More Jobs

    Panasonic To Cut 10,000 More Jobs

    Panasonic Corp., Japan's biggest commercial employer, will lay off 10,000 more workers in the fiscal year ending in March 2013, in a bid to trim costs and boost profitability at close to 100 business units, a fifth of which are losing money, its chief financial officer told Reuters. Panasonic is aiming to... Continue Reading

  • Confessions Of A Corporate Hit Man: 'I Got Paid To Restructure'

    Confessions Of A Corporate Hit Man: 'I Got Paid To Restructure'

    When people ask me what I did before I became a career coach, I say, "Have you seen the movie 'Up in the Air' with George Clooney?" At which point, they say, "Yes!" Then I say, "He had my job." Sometimes, I even throw in the random additional fact that Clooney and I share the same birthday too. (Sorry George,... Continue Reading

  • Colgate-Palmolive To Cut More Than 2,000 Jobs

    Colgate-Palmolive To Cut More Than 2,000 Jobs

    Colgate-Palmolive Co. unveiled a cost-cutting plan on Thursday that included cutting its workforce by the end of 2016 by about 6 percent. The toothpaste maker, which has some 38,600 employees, also posted a higher quarterly profit that met analyst expectations. Third-quarter profit was $654 million, or $1.36... Continue Reading

  • Crime-Ravaged Camden, N.J., Scraps Police Department To Save Money

    Crime-Ravaged Camden, N.J., Scraps Police Department To Save Money

    By Abby Rogers A New Jersey city that reported a murder rate of 46.8 per 100,000 people in 2010 is now without a police department. Camden, N.J., often dubbed the most dangerous city in the country, is disbanding its police department in a bid to shave millions of dollars off the annual budget, FoxNews.com... Continue Reading