Boeing starts issuing layoff notices as planemaker trims 10% of workforce
WASHINGTON, Nov 13 (Reuters) - Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.
CNN boss Mark Thompson is set to lay off hundreds of employees following Donald Trump's successful bid for the White House.
Announced in late January, this round of layoffs will affect about 2,500 employees at the payment processing company. "We are doing this to right-size our business, allowing us to move with the ...
Boeing is determined to impose the cost of the strike, estimated at over $10 billion, onto the backs of workers themselves.
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs ...
Trump wants to downsize the U.S. civil service. Observers are already drawing comparisons with the McCarthy era.
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US applications for unemployment benefits tick up slightly, but layoffs remain at historically low levels.
ID Logistics US Inc. will lay off 108 employees from its distribution center at 24 Stauffer Industrial Park in Taylor, ...
An Austin-based e-commerce company is implementing another round of layoffs as part of a massive company restructuring. This ...
The Labor Department reported jobless claim applications rose by 3,000 to 221,000; fewer than the 227,000 analysts forecast.
(Reuters) -Enphase Energy will cut its global workforce by about 17%, impacting about 500 employees and contractors, it said ...
It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report ...
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