AT&T Job Cuts To Number 12,000 And Cost $600M
NEW YORK — AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force...
Job Cuts
Goldman Sachs Thinks US Lost 400,000 Jobs In November
247wallst.com | Douglas A. McIntyre | Posted 12.04.2008 | Business
Read More:
Layoffs,
Goldman Sachs,
Unemployment,
Bailout,
Finance,
Economy,
Financial Crisis,
Job Cuts,
Recession,
Business News
The other more frightening bit of information is that Goldman Sachs believes that the nation lost 400,000 jobs last month. Most economists have that n...
How I Know We're in for a Rough Economic Ride
Joanne Bamberger | Posted 12.02.2008 | Politics
Read More:
Belt-Tightening,
U.S. Economy,
Economy,
Stock Market,
It's the Economy Stupid,
Economic Crisis,
Job Losses,
Job Cuts,
Consumer Spending,
Politics News
I had lunch at Burger King last week and there was no one in line ahead of me, which struck me as a little odd. The cashier exclaimed when he saw me, "Oh, thank God -- a customer!"
JPMorgan To Cut 9,200 Washington Mutual Jobs
Reuters | Posted 12.01.2008 | Business
Read More:
Layoffs,
JPMorgan Chase,
Washington Mutual,
Finance,
Economy,
Financial Crisis,
Banks,
Job Cuts,
Washington Mutual Job Cuts,
Business News
JPMorgan Chase & Co on Monday said it will eliminate about 9,200 jobs at the former Washington Mutual Inc, which on Sept 25 became the largest U.S. ba...
I Just Lost My Job - Now What Do I Do?
Fred Whelan and Gladys Stone | Posted 11.26.2008 | Business
In 1999 you may have been flooded with opportunities, but now the emphasis has shifted to your proactive efforts. Sure it's going to be more work but the results will be worth it.
Google Continues To Get Leaner, "Significantly" Reducing Contractors
Silicon Alley Insider | Nicholas Carlson | Posted 11.25.2008 | Business
Google (GOOG) has about 10,000 contractors and it wants to reduce that number, PR rep Jane Penner told CNET. "We have 10,000, and we have had a pla...
Weinsteins Cutting 11% Of Workforce
NY Post | Posted 11.21.2008 | Entertainment
Read More:
Layoffs,
Bob Weinstein,
Unemployment,
Job Cuts,
Weinstein Co,
Harvey Weinstein,
Entertainment News
The Weinstein Co. is laying off about 11 percent of its workforce as the sickly economic environment further invades Tinseltown, The Post has learned...
How Long Will the Recession Last?
Hale "Bonddad" Stewart | Posted 11.19.2008 | Business
Read More:
Economy,
Job Losses,
U.S. Economy,
Recession End,
Job Cuts,
Economic Recession,
Economic Crisis,
2008 Recession,
Jobs,
Recession Watch,
Recession,
Business News
Ten months of heavy job losses left places the end of terrible job losses somewhere next summer. And that assumes we'll see a rate of job destruction on par with the worst rate of the last 60 years.
Sun Microsystems To Cut Up To 6,000 Employees, 18% Of Work Force
AP | Posted 11.14.2008 | Business
SAN FRANCISCO - Sun Microsystems Inc. plans to cut up to 6,000 jobs, or 18 percent of its global work force, as sales of its high-end computer serve...
British Phone Company BT To Cut 6,000 More Jobs As Net Profit Rises
AP | EMILY FLYNN VENCAT | Posted 11.13.2008 | Business
LONDON — BT Group PLC, Britain's largest phone company, on Thursday reported quarterly earnings rose 18 percent but said it would slash 6,000 mo...
Al Gore's Current TV Laying Off 60
CNET | Posted 11.12.2008 | Media
There have been layoffs at Current Media, the cable network co-founded by former U.S. Vice President Al Gore. A statement from Current put the number...
Who's Firing And Who's Hiring
CNBC | Dave Burdick | Posted 11.12.2008 | Business
Read More:
Who's Firing,
Who's Hiring,
Layoffs,
Economy,
Financial Crisis,
Job Cuts,
Recession,
Business News
The jobs market has been downright scary lately. Seems every day there's a long list of companies with layoffs, or a blog listing layoffs, or a projec...
Jobless ranks hit 10 million, most in 25 years
AP | JEANNINE AVERSA | Posted 11.07.2008 | Business
Read More:
Job Cuts,
Jobs Report,
Department of Labor,
Labor Department,
Economy,
Financial Crisis,
Business News
WASHINGTON — The nation's jobless ranks zoomed past 10 million last month, the most in a quarter-century, as piles of pink slips shut factory ga...
Ford Announces $129M Loss, 10 Percent American Salaried Job Cuts
AP | TOM KRISHER and JAMES PRICHARD | Posted 11.07.2008 | Business
Read More:
Ford,
Automakers,
Cars,
Ford Job Cuts,
Ford Losses,
Layoffs,
Job Cuts,
Economy,
Recession,
Financial Crisis,
Auto Sales,
Depression,
Business News
DEARBORN, Mich. — Ford Motor Co. said Friday it lost $129 million in the third quarter as the struggling automaker burned through $7.7 billion i...
Goldman Sachs Layoffs To Number 3,200
DealBook | Posted 11.06.2008 | Business
Read More:
Layoffs,
Goldman Sachs,
Finance,
Goldman Sachs Layoffs,
Banks,
Financial Crisis,
Job Cuts,
How Many Goldman Sachs Layoffs,
Business News
Goldman Sachs notified roughly 3,200 employees this week that they have been laid off, part of previously reported plans to slash 10 percent of the fi...
The Layoffs Will Be Blogged
New York Times | CLAIRE CAIN MILLER | Posted 11.05.2008 | Business
Read More:
Layoffs,
Economy,
Layoff Announcements,
Job Cuts,
Silicon Alley,
Blogging Layoff Announcements,
Recession,
Blogging,
Business News
SAN FRANCISCO -- During past downturns, layoffs were mostly a private affair. Big companies tended to issue vague press releases filled with jargon ab...
Circuit City Closing 20% Of U.S. Stores To Save Cash
Silicon Alley Insider | Dan Frommer | Posted 11.03.2008 | Business
Read More:
Layoffs,
Economy,
Circuit City Store Closings,
Financial Crisis,
Job Cuts,
Circuit City,
Recession,
Business News
Here come the closeout sales: Circuit City (CC) says it's shuttering 155 of its 721 U.S. stores, or about 20%, to save cash. The declining electronics...
Motorola To Cut 3,000 Jobs, Mostly From Cell Phone Division
Silicon Alley Insider | Dan Frommer | Posted 10.30.2008 | Business
Read More:
Layoffs,
Motorola Layoffs,
Mobile Devices,
Economy,
Motorola,
Job Cuts,
Recession,
Business News
Motorola (MOT) announced this morning that it's aiming for $800 million in cost savings next year, including $600 million from its money-losing cellph...
Big Layoffs From Big Companies (SLIDESHOW)
Huffington Post | Nour Akkad | Posted 10.29.2008 | Business
Read More:
Business News,
Job Layoffs,
Job Losses,
Slideshow,
Financial Meltdown,
Business,
Job Cuts,
Economic Crisis,
Finance,
Economy,
Business News
As the financial turmoil continues, many high-profile companies have recently announced massive layoffs to be conducted in the next couple of months. ...
Qwest Profit Down, Will Cut 1,200 Jobs
AP | PETER SVENSSON | Posted 10.29.2008 | Business
NEW YORK — Qwest Communications International Inc. posted a profit for its third quarter Wednesday, but said the continued slide of its traditio...
Fidelity Layoff Rumor Gains Traction, But Not Confirmed
Reuters | Posted 10.28.2008 | Business
Read More:
Layoffs,
Fidelity Investments,
Finance,
Economy,
Financial Crisis,
Job Cuts,
Recession,
Fidelity Layoffs,
Business News
BOSTON (Reuters) - Fidelity Investments said on Tuesday it was reviewing its costs and staffing following an industry report that said as many as 4,00...
Whirlpool to cut 5,000 jobs by end of 2009
AP | JAMES PRICHARD | Posted 10.28.2008 | Business
GRAND RAPIDS, Mich. — Whirlpool Corp. said Tuesday it is eliminating about 5,000 jobs this year and next, due in large part to the long downturn...
Chrysler to Cut 25% of Salaried and Contract Jobs
New York Times | Nick Bunkley | Posted 10.24.2008 | Business
Read More:
Automakers,
Layoffs,
Chrysler GM,
Chrysler,
Robert Nardelli,
Bob Nardelli,
Cars,
Jobs,
Job Cuts,
Business News
The automaker said that it would offer buyout and early retirement packages in the next two weeks and that layoffs would follow in December. As many a...
Auto Job Losses Keep Coming
AP | TOM KRISHER | Posted 10.24.2008 | Business
Read More:
Jobs,
Cars,
Gm,
Chrysler,
Automakers,
Layoffs,
Job Cuts,
Economy,
Recession,
Business News
DETROIT — The employment carnage in the ever-shrinking U.S. auto industry continued Thursday as Chrysler LLC announced it would get rid of 1,825...
McCain Wrong, Real Estate Prices Must Devalue
Vanessa Edwards Foster | Posted 10.15.2008 | Home
Read More:
Outsourcing,
Offshoring,
Depression,
Wall Street Bailout,
John McCain,
Job Cuts,
Cost of Living,
Economy,
McCain Campaign,
Economic Crisis,
Jobs,
Bank Bailout,
Housing Crisis,
Recession,
Obama McCain,
McCain Obama,
Election 2008,
Campaign 2008,
Home News
Either American living standards must continue eroding at a shocking pace, or the costs of these living standards must come down accordingly in order to give American workers a chance to compete for jobs.
Popular Stories on HuffPost
UPDATE 12/2: Marc Ambinder is reporting that Jeb Bush is considering a run for the Senate to...
Dorothea Brande was an American writer and editor, well known...
After a 12-day hiatus, Sarah Palin stepped back into the spotlight on Monday to...
Pardon the metaphor, but Obama is trying to put lipstick on the pig that is US...
A standup comic once joked about his inner monologue...
I recently wrote an article entitled "Deepak Chopra on Mumbai:...
Last night, CNN's Campbell Brown criticized President-elect...
Al Franken's campaign announced on Wednesday that, for the first time since the Minnesota...
DALLAS — Of all the cajoling, snide remarks and...
Now that Americans have footed the bill for more than a...
Fun fact: if elected, John McCain, at 5'7", would have been...
CHICAGO — Almost one in five young American adults has a personality disorder that interferes...
CANBERRA, Australia — A radical conservationist...
AP | BARBARA ORTUTAY | Posted 12.04.2008 | Business