By Chelsea Emery
Never mind coal. There may be pink slips in some holiday stockings this year.
The end of the year can be a dangerous season for employees. As companies make last-minute attempts to adjust payrolls or to meet earnings goals, layoffs tend to pick up. Read More »
In this era of tight school budgets, it's perhaps not surprising that Pittsburgh teacher George Kirk wasn't able to secure the funds he needed to purchase safety glasses and special jackets for his welding students.
But the former Pittsburgh Public Schools employee alleges in a lawsuit filed Monday that it... Read More »
By Tony Morrison
Getting laid off stinks. A lot. It stinks for the company, it stinks for the management, and it especially stinks for the employees.
In today's economy, many Americans are dealing with the consequences of layoffs each and every day. Today, it's not uncommon for one person to be the victim... Read More »
STOCKHOLM (AP) -- The Nordic region's largest bank Nordea AB says it will lay off around 2,000 employees in 2011 and 2012, partly due to the increased costs imposed by new global bank regulations. Read More »
By MATTI HUUHTANEN
Nokia Corp. said Wednesday it will slash 7,000 jobs worldwide, through both layoffs and outsourcing, as it strives to cut costs and catch up with its top rivals in the smartphone market.
Most of the 4,000 layoffs, due by the end of 2012, will be in Denmark, Finland and Britain, Nokia... Read More »
You may hear the footsteps of an impending layoff months ahead of time, if you're lucky. The company may be offering buyouts, with the promise of layoffs if enough people don't take the money and run. Or your boss is reassigning some of your duties, or your company recently merged and someone else at the new... Read More »
It is not new news that the economy is still having trouble recovering from the worst recession in history, but The Center on Budget and Policy Priorities, a Washington think tank working at the federal and state levels on fiscal policy and public programs that affect low- and moderate-income families and... Read More »
Getting laid off, sorting out the paperwork and figuring out how you'll make ends meet on an unemployment check is hard enough. Now, enter a company called Talx, whose job it is to manage unemployment claims on behalf of the companies doing mass layoffs. Most former employees who have worked with them feel... Read More »
The world of TV news may sound exciting and glamorous, but it just got a little less so. ABC News announced that it's cutting its staff up to 25 percent, and over the next couple of days, letters will be sent out to as many as 400 employees' homes, offering them a voluntary separation package. Should they... Read More »
Tom Roberts was laid off in April 2009, six weeks after he told his supervisor that he needed to have brain surgery. Paying the bills with a now-exhausted balance of vacation and sick days, Roberts awaits his disability check to pay the rent. He gave away his car because he couldn't afford the payments. His food... Read More »