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Cessna not releasing number of layoffs
KWCH 12 Eyewitness NewsPlanemaker Cessna says it has started implementing a plan to cut back its workforce. Last month, the company announced it would offer early retirement to 180 workers and proceed with layoffs for others based on performance and other factors. The company...Tags: Job Layoffs, Unemployment
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Hartford Mayor Rejects Council's Budget Cuts
The Hartford CourantMayor Pedro Segarra on Thursday rejected more than half the cuts made to his proposed $543.9 million budget by the city council, opting for an additional $3.9 million in reductions instead of the $8.6 million approved by the council. Segarra vetoed a...Tags: Larry Deutsch, Budgets and Budgeting, Career and Workplace, Unemployment, Government Debt
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Retail roundup: J.C. Penney loan, Abercrombie apology, Mattel layoffs
The week before the Memorial Day holiday has been a busy one for retailers. Here's a sampling of happenings from Mattel, J.C. Penney and Abercrombie & Fitch. Mattel: As the El Segundo-based toymaker adapts to its newly created North America division, it...
Tags: Fisher-Price, New York City, Job Layoffs, Corporate Officers, Goldman Sachs Group, Inc.
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Eric Garcetti's winning strategy took Wendy Greuel strongholds
Eric Garcetti defeated Wendy Greuel in the Los Angeles mayor's race despite Greuel’s overwhelming support in heavily African American neighborhoods. The city controller's strength among black voters in South L.A. was too little to make up for...
Tags: Local Elections, Kevin James, Politics, Parties and Movements, Eric Garcetti
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CPS approves largest school closure in Chicago's history
Tribune reportersMonths of argument and anguish over Mayor Rahm Emanuel's push for sweeping school closings came to a climax Wednesday as his hand-picked Board of Education voted to shut 49 elementary schools and transfer thousands of children to new classroom settings....Tags: Walter Burnett, Jr., Karen Lewis, Carrie Austin, Illinois General Assembly, Ryerson Incorporated
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CPS OKs massive closings
Months of argument and anguish over Mayor Rahm Emanuel's push for sweeping school closings came to a climax Wednesday as his hand-picked Board of Education voted to shut 49 elementary schools and transfer thousands of children to new classroom settings....
Tags: Walter Burnett, Jr., Carrie Austin, Illinois General Assembly, Near North Side, Ryerson Incorporated
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Eric Garcetti faces tough tests when he takes office as mayor
In the campaign for mayor, Eric Garcetti spoke grandly about a city with plentiful summer jobs for low-income teens, a tunnel under the traffic-clogged Sepulveda Pass and even an end to homelessness. But a day after winning office, the mayor-elect faced...
Tags: Los Angeles Police Department, Paul Koretz, Local Elections, Finance, Politics
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St. Mary's graduate Dominic Lamolinara anchoring Syracuse's run to Final Four
Dominic Lamolinara’s journey from Arnold to Philadelphia – the site of this weekend’s Final Four at Lincoln Financial Field – has gone a circuitous route, graduating from St. Mary’s to spending one year at Maryland to...
Tags: College Sports, NCAA Men's Division I Basketball Tournament, Syracuse Orange, Lincoln Financial Field
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Microsoft unveils Xbox One! Layoffs at ESPN. Box-office pressure.
After the coffee. Before waiting for Xbox One to change my world. The Skinny: I may be in the minority, but I'm not looking for more interaction with my TV. I spend my days interacting and it is mostly a frustrating experience. I don't want to be...
Tags: Jennifer Hudson, Science and Technology, Fox News Channel (tv network), Entertainment, Richard Nixon
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Garcetti wins race for L.A. mayor; Greuel concedes
Wendy Greuel called Eric Garcetti early Wednesday morning to concede the mayoral election, a Greuel campaign source told The Times, ending a two-year campaign to determine Mayor Antonio Villaraigosa's successor and the new political leader of Los Angeles....
Tags: DreamWorks Animation SKG Incorporated, Local Elections, Kevin James, Budgets and Budgeting, Politics
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Garcetti, Greuel locked in tight battle for L.A. mayor's post
Eric Garcetti held a narrow lead over Wendy Greuel late Tuesday as the two longtime city officials battled each other — and voter apathy — in the race to become the 42nd mayor of Los Angeles. With more than half the vote still uncounted, the...
Tags: DreamWorks Animation SKG Incorporated, Local Elections, University of California, Los Angeles, Finance, Politics
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KidsPeace files for bankruptcy
Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday. The move comes after years of struggles in which the organization that gives treatment to troubled and autistic children laid off workers and missed debt payments....
Tags: Autism, Financially Distressed Companies, Finance, Politics, Guaranty Corporation
May 23, 2013
|Story| KWCH
May 23, 2013
|Story| Hartford Courant
May 23, 2013
|Story| Los Angeles Times
May 23, 2013
|Story| Los Angeles Times
May 23, 2013
|Story| Chicago Tribune
May 23, 2013
|Story| Chicago Tribune
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Baltimore Sun
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Allentown Morning Call
Original site for Layoffs and Downsizing topic gallery.