Tag: mass layoffs

  • Time Inc. To Start Another Mass Layoff

    Time Inc. To Start Another Mass Layoff

    By Kim Bhasin The layoffs at Time Inc. have begun. Everyone knew they were coming and employees have been awaiting to learn their fate for months now. About 6 percent of Time's 8,000 person staff will be cut -- that's around 500 employees. "Time Inc. made deep staff cuts back in 2008 and 2009," wrote Lucia... Continue Reading

  • With Obama Reelected, Will There Be Mass Layoffs?

    With Obama Reelected, Will There Be Mass Layoffs?

    In the lead-up to this election, several CEOs sent email blasts to their staff, urging them to vote for Mitt Romney or brace for a bloodbath of layoffs. But with Barack Obama now president for another four years, will these employers or others follow through on their warnings? Fox News thinks so, announcing in... Continue Reading

  • Mass Layoffs Up Again

    Mass Layoffs Up Again

    Even though the national unemployment rate dropped from 9.4 percent to 9 percent in January, the number of mass layoffs increased. Employers took 1,534 mass layoff actions last month involving 149,799 workers, according to the most recent numbers released by the U.S. Bureau of Labor Statistics. A "mass... Continue Reading

  • Stormy Weather: Mass Layoffs Down, Initial Unemployment Claims Up

    Stormy Weather: Mass Layoffs Down, Initial Unemployment Claims Up

    Currently unemployment news is all over the map, with some being positive and others being negative. According to the latest reports from the Bureau of Labor Statistics, the number of mass layoffs in December was down to its lowest level in almost three years. On the other hand, there were more initial claims... Continue Reading

  • Mass Layoffs: Six Things You Need to Know

    Mass Layoffs: Six Things You Need to Know

    The latest mass layoff numbers were just released by the U.S. government's Bureau of Labor Statistics, and believe it or not, they're actually somewhat positive. Now keep in mind that a mass layoff is defined by 50 or more workers being released from the same company. Still, the number of mass layoff events... Continue Reading