Layoffs

November 13, 2018 - 10:41 pm
NEW YORK (AP) — Around two dozen employees will be laid off in a re-organization at Hachette Book Group. The publisher announced Tuesday that various imprints would be consolidated and merged, ranging from the religious imprint FaithWords to the feminist Seal Press. Among those leaving are Hachette...
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November 08, 2018 - 4:46 pm
MONTREAL (AP) — Canadian plane and train maker Bombardier Inc. will shed 5,000 jobs and sell off two units as part of a five-year plan to rein in costs, focus on rail and business jets, and reduce debt. About 2,500 Bombardier workers will be laid off in Quebec and 600 in Ontario. About 2,000 other...
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FILE - In this April 26, 2018, file photo, the Star Wars Hans Solo Mighty Muggs, by Hasbro, are demonstrated at the TTPM 2018 Spring Showcase, in New York. Hasbro Inc. (HAS) on Monday, Oct. 22, reported third-quarter earnings of $263.9 million. (AP Photo/Richard Drew, File)
October 22, 2018 - 9:53 am
NEWARK, N.J. (AP) — Hasbro, wrestling with the demise of Toys R Us and elusive shoppers spending a lot more on high-tech gadgets, fell well short of third-quarter expectations Monday. The Pawtucket, Rhode Island, toy maker will absorb charges of as much as $60 million next quarter as it cuts jobs...
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September 25, 2018 - 6:18 am
GENEVA (AP) — Novartis said Tuesday it's cutting some 2,100 jobs in Switzerland and Britain over several years as the Swiss pharmaceuticals giant tweaks its corporate structure to become more nimble and more efficient. CEO Vas Narasimhan said Novartis hopes to lower its overall headcount worldwide...
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September 20, 2018 - 3:46 pm
NEW YORK (AP) — Wells Fargo is planning to cut up to 10 percent of its workforce over the next three years, which will result in tens of thousands of job losses for employees of the nation's third-largest bank. Wells Fargo Chief Executive Tim Sloan made the announcement to employees on Thursday...
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This July 25, 2018, photo shows a help wanted sign at a new Zaxby's restaurant in Madison, Miss. On Friday, Sept. 7, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Rogelio V. Solis)
September 07, 2018 - 12:07 pm
WASHINGTON (AP) — The pace of hiring in the United States quickened in August, and wages grew at their fastest pace in nine years — evidence that employers remain confident despite the Trump administration's ongoing conflicts with its trading partners. Employers added a strong 201,000 jobs, and the...
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FILE - This May 8, 2018, file photo Republican Senate candidate Mike Braun thanks supporters after winning the republican primary in Whitestown, Ind. One of the chief suppliers for a line of trademarked auto parts sold by Indiana Senate candidate Mike Braun laid off more than 200 American workers and shipped their jobs to Asia. Braun has ignored outsourcing questions. Instead, he attacks his rival, Democratic Sen. Joe Donnelly, for once owning stock in a family business that has a factory in Mexico. (AP Photo/Michael Conroy, File)
August 23, 2018 - 2:57 pm
INDIANAPOLIS (AP) — Layoffs came in waves at Westin Automotive's Minnesota plant as production shifted to low-wage factories in Asia, ultimately pushing more than 200 U.S. workers — many over age 50 — out of once-reliable jobs. Despite the move a decade ago, Westin remains a chief supplier of auto...
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Palestinians prevent an UNWRA employee form setting himself on fire employee sits during a protest at the United Nations agency for Palestinian refugees (UNRWA) headquarters in Gaza City, Wednesday, July 25, 2018. UNWRA staff are protesting the agency's decision to fire dozens of Palestinian staff in Gaza in the Gaza Strip. (AP Photo/Khalil Hamra)
July 25, 2018 - 2:57 pm
GAZA CITY, Gaza Strip (AP) — Employees of the U.N. Palestinian refugee agency escalated their protest Wednesday in the Gaza Strip against sweeping pay cuts and dismissals as the organization blamed U.S. funding cuts on the crisis. Hundreds of UNRWA staff continued a sit-in that began Monday at the...
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New York Daily News staff reporter Chelsia Rose Marcius cries as she is hugged by staff photographer Todd Maisel after they were both laid off, Monday, July 23, 2018, in New York. The tabloid will cut half of its newsroom staff, saying it wants to focus more on digital news. (AP Photo/Mark Lennihan)
July 23, 2018 - 3:24 pm
NEW YORK (AP) — The New York tabloid Daily News cut half of its newsroom staff Monday including Jim Rich, the paper's editor in chief. The paper was sold to Tronc Inc. last year for $1, with the owner of the Chicago Tribune assuming liabilities and debt. In an email sent to staff Monday, Tronc said...
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