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Waitress loses job after shaving head for cancer charity
Stacey Fearnall raised more than $2,700 for a local fundraiser for cancer research. When she showed up to work earlier this week with her new look, the Nathaniels restaurant laid her off. Seriously, people? Stacey Fearnall raised more than $2,700 for a local fundraiser for cancer research. When she showed up to work earlier this week with ... more
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Ford to cut up to 12 percent of Salaried Jobs
DETROIT (Reuters) - Ford Motor Co (F.N) plans to cut its U.S. salaried work force by up to 12 percent after its turnaround plan stalled because of the downturn in the U.S. economy, the Detroit News reported on Wednesday.
Ford warned last week it would not achieve its long-standing goal of returning to profitability in 2009 because of the U.S. economic downturn and a permanent shift in demand toward cars and crossovers and away from large trucks and SUVs.
The automaker also told employees in a memo last week that it expected to make cuts in hourly and salaried employees by August 1 and would detail those steps in July.
The cuts would be involuntary and were still being worked out by Ford, the newspaper reported.
A Ford representative could not be reached immediately for comment.
(Reporting by David Bailey; Editing by Steve Orlofsky)
http://news.yahoo.com/s/nm/20080528/bs_nm/ford_cuts_dc_...
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DETROIT (Reuters) - Ford Motor Co (F.N) plans to cut its U.S. salaried work force by up to 12 percent after its turnaround plan stalle... more -
3,500 without jobs after GM cuts a shift
With the decline in SUV purchases, GM is cutting one shift in four of its factories. Another hard blow to Michigan.
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Food stamp use nears record
Driven by a painful mix of layoffs and rising food and fuel prices, the number of Americans receiving food stamps is projected to reach 28 million in the coming year, the highest level since the aid program began in the 1960s. Driven by a painful mix of layoffs and rising food and fuel prices, the number of Americans receiving food stamps is projected to reac... more
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Mitt Romney: A Man of Deep Compassion
In this excerpt from last night's Republican debate, Mitt can't help but cackle with glee at the thought of the poor workers he laid off during his years in the business world... In this excerpt from last night's Republican debate, Mitt can't help but cackle with glee at the thought of the poor workers he laid o... more
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Yahoo to lay off 1,000 workers
Yahoo Inc.'s financial funk deepened at the end of 2007, prompting the slumping Internet icon to draw up plans to lay off as many as 1,000 workers.
The Sunnyvale-based company disclosed the upcoming 7 percent reduction in its 14,300-employee work force Tuesday while reviewing a 23 percent drop in fourth-quarter profit and a cautious 2008 outlook. The bad news sent Yahoo shares skidding to their lowest levels in more than four years. Yahoo Inc.'s financial funk deepened at the end of 2007, prompting the slumping Internet icon to draw up plans to lay off as many as 1... more -
Yahoo expected to lay off hundreds
Yahoo plans to lay off hundreds of employees in order to maintain profitability, company insiders said Monday.
Yahoo has recently been eclipsed by Google and social networking sites like Facebook and Myspace.
Yahoo plans to lay off hundreds of employees in order to maintain profitability, company insiders said Monday. ... more -
Citigroup Reels from Losses
The nation's largest bank is expected to announce thousands of job cuts after posting dismal results for the fourth quarter.
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"Tonight Show" lays off 120 staffers
They left with an early Christmas bonus check, and no guarantee they would be back when the strike was over, just a "If your services are needed, we will contact you.
That blows. Well at least they got the bonuses. They left with an early Christmas bonus check, and no guarantee they would be back when the strike was over, just a "If your services... more -
Writers' Strike will cost jobs
Now that the strike is on, major studios are planning to suspend long-term deals with production companies, jeopardizing the jobs of hundreds of employees.
"Assistants, development executives and production managers will soon be out of work, joining their better-paid bosses who opted to sacrifice paychecks as members of the Writers Guild of America. At some studios, the first wave of letters are going out today, hitting writer-producers whose companies don't currently have shows in production."
This is not a good thing. No money vs. more money. I dunno. Now that the strike is on, major studios are planning to suspend long-term deals with production companies, jeopardizing the jobs of h... more -
Chrysler Cuts 12,000 Jobs
"Chrysler LLC said Thursday it plans to cut up to 12,000 jobs, or up to 15 percent of its workforce, as part of an effort to slash costs and match slowing demand for some vehicles." Didn't another car company do something like this to the midwest back in the day? "Chrysler LLC said Thursday it plans to cut up to 12,000 jobs, or up to 15 percent of its workforce, as part of an effort to slash cos... more
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Layoffs
