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- Layoff
- dismissal, often temporarily, from work because a job ceases to exist or because of lack of work. Employees who are laid off may qualify for unemployment compensation. If the layoff...
- Layoff definition on BNET »
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- Ford workers face involuntary layoffs
- DETROIT, Michigan AFP — Ford Motor Co. said Wednesday it is planning to make further white collar job cuts in the United States in the face of declining truck sales. The automakers expects to complete the cuts by August 1 and will not be offering buyout packages, as it...
- Research articles 2008-05-28
- Tyson layoffs: For housing sector, expect home sales, vacancies
- By Michael Hooper THE CAPITAL-JOURNAL EMPORIA - The layoff of 1,500 employees at Tyson Foods will reduce occupancy in the rental real estate market and could force the sale of homes owned by workers moving to other communities. Emporia, located 60 miles southwest of...
- Research articles 2008-02-03
- Tyson layoffs: For housing sector, expect home sales, vacancies
- By Michael Hooper THE CAPITAL-JOURNAL EMPORIA - The layoff of 1,500 employees at Tyson Foods will reduce occupancy in the rental real estate market and could force the sale of homes owned by workers moving to other communities. Emporia, located 60 miles southwest of...
- Research articles 2008-02-03
- Warner Music faces $250M in cuts
- NEW YORK -- The private investor group that is taking over Warner Music Group is expected to move quickly to trim up to $250 million in costs at the struggling music company, say three executives with independent knowledge of the group's plans. The group, which includes former Seagram and...
- Research articles 2004-01-22
- Layoffs at Lightpath as CLEC consolidates.(Brief Article)
- JERICHO, N.Y. -- Cablevision Systems Corp. said last Friday it is reducing staff at its Lightpath business telephone subsidiary as a result of the unit consolidating some of its operations, but would not say how many employees would be axed. A...
- Research articles 2004-01-19
- Slump in commercial airline industry hits LMI
- Like a lot of businesses that supply parts and labor to the commercial airline industry, St. Charles County's LMI Aerospace Inc. has cut employees and diversified its efforts in order to survive.LMI, a major supplier of airline parts to The Boeing Co., has felt the trickle-down effects of the weak...
- Research articles 2003-09-22
- Trouble looming over Baxter SEC investigation under way as profits dip, layoffs increase.(Business)
- Byline: Mike Comerford Daily Herald Business Writer Baxter International was raising all kinds of red flags on Thursday as it reported profits are down, layoffs are up and the government is investigating. Ongoing troubles at the Deerfield-based maker of medical products, ...
- Research articles 2003-07-18
- Pittsburgh-Area Unemployment Rate Rose 6.3 Percent in February.
- By Jim McKay, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Apr. 15--The unemployment rate for the six-county Pittsburgh area rose two-tenths of a point in February to 6.3 percent, the highest it's been since August, 1994. Retailers continued to pare...
- Research articles 2003-04-15
- Roseburg, Ore.-Based Lumber Company Will Cut 450 Jobs, Output.
- By Boaz Herzog, The Oregonian, Portland, Ore. Knight Ridder/Tribune Business News Apr. 2--Roseburg Forest Products announced Tuesday that it will scale back its plywood production and slash 450 jobs, or about 12 percent of its work force, because of stiff competition and...
- Research articles 2003-04-02
- Pittsburgh Biotechnology Firm Gets Infusion, Cuts Quarter of Its Staff.
- By Pamela Gaynor, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Oct. 17--Cellomics Inc., seen widely as one of the region's most promising biotechnology companies, yesterday let go more than a quarter of its remaining staff, reducing its payroll to 85 employees. ...
- Research articles 2002-10-17
- Consumer credit sets record
- WASHINGTON AP -- Americans increased their borrowing in November by the largest amount on record. A big rise in auto loans spurred by zero-interest rate financing offers led the way. Consumer credit soared by a seasonally adjusted $19.8 billion in November, or a 14.6 percent annual rate,...
- Research articles 2002-01-09
- Home Sales in Tacoma, Wash., Area Drop Following Attacks.
- By Jim Szymanski, The News Tribune, Tacoma, Wash. Knight Ridder/Tribune Business News Sep. 28--Home sales in the Puget Sound region dropped nearly 30 percent in the two weeks since terrorists struck on the East Coast and Boeing announced massive layoffs. ...
- Research articles 2001-09-28
- Boston-Based Computer Equipment Maker Makes More Job Cuts, Trims Salaries.
- By Jeffrey Krasner, The Boston Globe Knight Ridder/Tribune Business News Sep. 14--Teradyne Inc., the Boston maker of computer test equipment and electronics, said it is taking steps to cut another 11 percent of its work force. Those left after another round...
- Research articles 2001-09-14
- Thailand Electronics Firm Rules Out Layoffs Despite Slump.
- By Srisamorn Phoosuphanusorn, Bangkok Post, Thailand Knight Ridder/Tribune Business News Aug. 22--Hana Microelectronics Plc, Thailand's biggest electronics firm, says it will not lay off staff despite an industry downturn that has reduced its profit by more than 50 percent in the second quarter...
- Research articles 2001-08-22
- Blue-Chip Woes - Company Financial Information - Brief Article
- Weak earnings continued to pour in, with Compaq slashing its profit outlook for the first quarter and saying it will cut 5,000 jobs, or 7 percent of its workforce. As part of a $125 million to $150 million restructuring, it will merge its consumer and commercial PC businesses. ... Oracle...
- Research articles 2001-03-26
- Houston-Based Electrical Products Firm Accelerates Cuts.
- By Nelson Antosh, Houston Chronicle Knight Ridder/Tribune Business News Mar. 17--Cooper Industries, a major manufacturer of electrical products, tools and hardware, said Friday a decline in sales will force it to begin layoffs. The Houston-based company said that job cutbacks --...
- Research articles 2001-03-17
- U.S. automakers predicting worst is past; But suppliers feel effects of layoffs.
- The automotive slowdown is continuing to ripple through the North American supply base, with companies closing plants and laying off workers. But executives say the climb out of the valley could begin soon. Automakers already have settled into regular patterns for their shutdowns, allowing suppliers to...
- Research articles 2001-03-05
- High Point, N.C.-Based Furniture Company to Lay Off Workers as Sales Slow.
- By Richard Craver, High Point Enterprise, N.C. Knight Ridder/Tribune Business News Feb. 24--A deepening retail sales slowdown has led Furniture Brands International to begin a permanent lay off for 5 percent of its work force in the next 30 to 60 days. ...
- Research articles 2001-02-24
- Michigan-Based Car-Parts Maker Delphi Predicts Layoffs unless Orders Increase.
- By Ted Evanoff, The Indianapolis Star Knight Ridder/Tribune Business News Mar. 2--TROY, Mich.--Another sign of a prolonged slowdown in the automotive economy emerged Thursday when Delphi Automotive Systems Corp. said it might lay off auto workers indefinitely if orders don't pick...
- Research articles 2001-03-02
- Daleen Technologies.(layoffs)(Brief Article)
- BOCA RATON -- Software maker Daleen Technologies (Nasdaq: DALN) laid off 135 workers -- 27% of its workforce -- in response to a drop in sales to telecommunications companies. In Boca, 51 workers were laid off. The company makes software to manage customer billing. It went ...
- Research articles 2001-02-01
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