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”
Nearly 14 million people are out of a job and actively looking for work.
All of the economic news recently appears to be raising fears again among some American workers that they’re going to be getting a pink slip instead of a pay check.
Continue reading… “30% of American workers worried about getting laid off”
State and local governments have cut 142,000 jobs this year.
Is the mass layoff making a comeback on an already lousy job market? Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts this past week.
Continue reading… “The mass layoff making a comeback in the U.S.”
MySpace has been suffering from tumbling traffic and revenue over the past year.
Unfortunately for the staff at Myspace the New Year might not bring great news for them, with rumors of huge layoffs taking the shine of New Year’s Eve celebrations for a social networking pioneer MySpace.
Continue reading… “MySpace May Layoff Half of It’s Workforce”