The number of planned layoffs at U.S. companies leapt to their highest level in more than two years amid large cutbacks in the military and Bank of America, a private report shows.
Continue reading… “U.S. planned layoffs highest in more than two years”
U.S. Postmaster General Patrick Donahue
U.S. Postmaster General Patrick Donahue prepares to testify at Senate hearing on the the U.S. Postal Service’s fiscal crisis on Sept. 6 Senate. The postal service’s 7,500 job cuts announced in March rank No. 5 on outplacement consultancy Challenger, Gray & Christmas’s list of 2011 announced workforce reductions.
Continue reading… “5 biggest job cuts announcements in 2011”
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