Layoffs and Downsizing

1-17 of 35 results

Steel of West Virginia to lay off 53 by Nov.'s end

AP News 6 days ago

Steel of West Virginia to lay off 53 workers, cites economy, winter construction slowdown More than 50 Steel of West Virginia Inc. workers will be out of work by the end of November. President Tim Duke said the layoffs of 53 workers ...

Verizon Wireless lays off former Alltel workers

AP News 7 days ago

Verizon Wireless laying off former Alltel headquarters workers in Arkansas after takeover Verizon Wireless laid off more former Alltel Corp. headquarters workers Thursday, saying the jobs were redundant after its acquisition of the Arkansas-based wireless provider. Verizon Wireless declined to say how ...

AOL offers buyouts to over a third of work force

AP News 7 days ago

AOL plans to cut a third of staff after split from Time Warner, buyouts offered to 2,500 The struggling Internet company AOL plans to shed up to 2,500 jobs — more than a third of its work force — as it prepares ...

AOL to cut one-third of workforce

Reuters US Online Report Internet News 7 days ago

NEW YORK (Reuters) - AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of the Internet company's planned spin-off from Time Warner Inc. The struggling Web ...

New jobless claims unchanged, foreclosures rise

AP Features 7 days ago

The number of newly laid-off workers seeking unemployment benefits was unchanged last week, remaining above the level that would indicate the economy is adding jobs. New jobless claims have fallen about 22 percent since spring. But companies' reluctance to hire is weighing ...

Ahead of the Bell: Jobless claims

AP News 7 days ago

Wall Street economists expect slight rise in unemployment claims; benefits run out Dec. 31 The number of newly laid-off workers seeking unemployment benefits likely edged up last week, after falling by 30,000 in the previous two weeks. New jobless claims have fallen ...

Correction: Verizon layoffs

AP News 8 days ago

Correction: Verizon layoffs In a Nov. 17 story about job cuts at Verizon Communications Inc., The Associated Press, relying on a labor union report, erroneously reported that Verizon is laying off more than 1,000 employees in Washington, D.C., Maryland and Virginia. In ...

Aetna cutting more than 1,000 jobs by 1st quarter

AP News 8 days ago

Aetna cutting 625 jobs immediately, plans to make similar cuts by the end of 1st quarter 2010 Health insurer Aetna said Wednesday it will cut 625 jobs immediately, or nearly 2 percent of its staff, and will make a similar number of ...

Union says Verizon laying off 1,000

AP News 9 days ago

Union says Verizon laying off 1,000; company says it's part of announced plan The largest union for Verizon Communications Inc. workers said the phone company is laying off more than 1,000 employees in Washington, D.C., Maryland and Virginia. Verizon spokesman Alberto Canal ...

'Dozens' of layoffs at Associated Press: Guild

AFP Global Edition 9 days ago

The US news agency the Associated Press (AP) laid off dozens of employees on Tuesday as part of a plan to reduce its global payroll by 10 percent this year, a union statement said. The News Media Guild, which covers some 1,300 ...

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