Archive for August, 2009
Monday, August 31st, 2009
San Francisco Chronicle management representatives met Friday with the San Francisco Media Workers Guild to discuss the Chronicle’s plans to slash additional jobs through both buyouts and layoffs, Guild officials said in an Aug. 28 statement.
Source: SF Business Times
Posted in Ad Industry, Bay Area, California, US, advertising, media, newspaper | No Comments »
Friday, August 28th, 2009
Bank of America Corp. has notified the Florida Agency for Workforce Innovation that it plans to lay off 50 employees at its Fort Lauderdale claims and recovery office. Employees have been notified that the layoffs will start Oct. 25.
Source: Charlotte BusinessJournal
Posted in Bank of America, US, banking, finance | No Comments »
Friday, August 28th, 2009
WakeMed announced Friday that it will eliminate 85 positions in anticipation of a $35 million budget shortfall in the coming year. The hospital system is the county’s largest private employer, with 7,576 clinical and non-clinical personnel.
Source: MyNC.com
Posted in Healthcare, US | No Comments »
Friday, August 28th, 2009
BAE Systems said Thursday it could cut as many as 225 jobs, or 14 percent of its local work force, this fall because of the slow economy and changes in federal defense priorities that have reduced demand for its commercial aviation and electronics products.
Source: PressConnects.com
Posted in Manufacturing, Technology, US, aerospace, aviation | No Comments »
Friday, August 28th, 2009
Whirlpool Corp., will close a factory in Evansville, Indiana., a move that will lead to 1,100 job cuts in 2010. The appliance maker announced late last year it would cut some 5,000 jobs through 2009 in response to falling demand.
Source: WSJ
Posted in Manufacturing, US | No Comments »
Thursday, August 27th, 2009
Flag carrier Philippine Airlines (PAL) may slash more than a third of its 8,000-strong workforce and outsource parts of the business to cope with a sharp decline in travel demand, its president said on Thursday.
Source: Reuters
Posted in Asia, aviation, transportation | No Comments »
Wednesday, August 26th, 2009
Fuel Games, developer of iPhone, PC, online, and console games, told Gamasutra that it is cutting staff and is in the midst of restructuring — right after a venture capital injection.
“Last Thursday about 20 people were laid off from the Ottawa office (out of around 100 people), and reportedly the entire staff was told they would not be receiving their paychecks on Friday,” said an ex-Fuel Games employee who wished to remain anonymous.
Source: Gamasutra
Posted in Apple, Canada, IT, IT consulting, Sony, entertainment, gaming, outsourcing, software | No Comments »
Wednesday, August 26th, 2009
HCC Inc., a major agricultural harvesting equipment manufacturer, announced 79 people will be laid off Friday as the result of a seasonal drop in order activity. It is the first seasonal layoff in two years, according to company officials.
Source: NewsTribune
Posted in Manufacturing, US | No Comments »
Wednesday, August 26th, 2009
The U.S. Postal Service, the nation’s second-largest employer, offered buyouts on Tuesday to quickly slash up to 30,000 jobs as it grapples with declining mail volume and embraces more automation.
Source: Reuters
Posted in Services, US, USPS | No Comments »
Tuesday, August 25th, 2009
Bay Shipbuilding Co. plans to lay off 405 employees, with additional job cuts possible due to current business conditions.
The layoffs are expected to begin by Oct. 30, according to a mass layoff notice filed Aug. 25 with the Wisconsin Department of Workforce Development.
Source: The Business Journal of Milwaukee
Posted in Manufacturing, US, labor department, transportation | 1 Comment »
Tuesday, August 25th, 2009
Layoffs at IBM total more than 9,000 for the year.
According to leaked copies of the company’s internal “resource action” packages, total verifiable layoffs through Aug. 24 number 9,298.
The company has acknowledged some layoffs, but has steadfastly refused to give details, such as numbers or locations.
Source: Times Herald-Record
Posted in H1B, IBM, IT, IT consulting, India, Insider info, Technology, hardware, outsourcing, software | No Comments »
Monday, August 24th, 2009
Social web site Facebook Inc. is looking for hundreds of people to hire, according to a report by Bloomberg.
The report, based on an Aug. 20 interview with Facebook’s CEO, Mark Zuckerberg, said the Palo Alto, Calif. company plans to increase its work force by 50 percent this year. The business has about 900 workers right now.
Source: San Francisco Business Times
Posted in Ad Industry, California, Facebook, IT, IT consulting, US, advertising, entertainment, good news, media, outsourcing, social network, software | No Comments »
Thursday, August 20th, 2009
(Canada, N.S.): Only weeks after landing a lucrative contract to build components for the military’s new fleet of helicopters, IMP Aerospace Components is laying off 10 per cent of its workforce.
The Amherst, N.S., company informed the union this week of its plan to cut 30 employees.
Source: TheTruroDailyNews
Posted in Canada, Manufacturing, US, aerospace, aviation, military, transportation | No Comments »
Thursday, August 20th, 2009
Tektronix Inc., formerly Oregon’s largest homegrown tech company, on Wednesday said it will shift some manufacturing operations from Beaverton to its Shanghai plant through next year.
In its last annual report filed with the Securities and Exchange Commission prior to its acquisition, the company said that as of May 26, 2007, it employed 4,541. Of those, 1,746 were located outside the United States. The company laid off 150 workers in November.
Source: PortlandBizJournal
Posted in China, Manufacturing, Technology, US, outsourcing | No Comments »
Thursday, August 20th, 2009
Wells Fargo is closing a mortgage processing center in North Carolina, eliminating 62 jobs at an office in Durham.
Source: MyFox8
~News submitted by upthecreek
Posted in US, banking, finance, wells fargo | No Comments »
Thursday, August 20th, 2009
An index of economic indicators rose in July for a fourth straight month, in another sign that the recession is bottoming, said a report released Thursday.
The Leading Economic Index rose 0.6% in July, after a 0.8% increase the previous month, according to a report from the Conference Board, which has a membership of executives from around the world.
Source: CNNMoney
Posted in Economy rescue, US, economy, good news, opinion, worldwide | No Comments »
Thursday, August 20th, 2009
The number of Americans filing for initial unemployment insurance rose last week, the government said Thursday, surprising economists.
There were 576,000 initial jobless claims filed in the week ended Aug. 15, up from a revised 561,000 the previous week, the Labor Department said in a weekly report.
Source: CNNMoney
Posted in FYI, General, US, labor department, unemployment | 1 Comment »
Thursday, August 20th, 2009
Samsung Austin Semiconductor on Tuesday began to dismiss the first of 552 workers who are to lose their jobs as the company moves to close and renovate its Fab 1 chip factory in Northeast Austin in October.
Source: Austin American-Statesman
Posted in Manufacturing, Semiconductor | No Comments »
Tuesday, August 18th, 2009
U.S. Citizenship & Immigration Services (USCIS), which administers the H-1B and L-1 visa programs, has beefed up its anti-fraud auditing efforts this year with surprise site visits to companies that employ temporary non-immigrant visa holders.
Source: CIO.com
Posted in H1B, immigration | No Comments »
Tuesday, August 18th, 2009
General Motors Co. called back 1,350 union workers, its biggest one-time increase in jobs since 2006, as it boosts second-half production, partly in response to demand from the government’s “cash for clunkers” program.
GM is adding shifts and overtime as well as restoring weeks of production at select facilities, as sales top expectations.
Source: Bloomberg
Posted in GM, Manufacturing, US, Union, auto, good news | No Comments »