PORTLAND, Ore. (KOIN) — Nearly 300 OHSU employees — some of them front line workers — were notified Monday they were getting laid off, including 151 union workers. These layoffs have been looming for weeks, spurred by an operating loss of $64 million for the fiscal year that ended Sunday. Jennie Olson, who both writes […]
Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30. A combined […]
Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30. A combined […]
John Deere, the world’s largest seller of tractors and crop harvesters, has announced another wave of layoffs Friday, telling around 610 production staff at plants in Illinois and Iowa that they will be out of a job by the end of the summer. The company is slashing around 280 workers from a plant in East Moline, […]
About 100 UPMC employees were laid off Friday as part of the same round of cutbacks that were announced in late April. UPMC confirmed the layoffs had happened, but not the number. A source told the Business Times that there were about 100 employees who had been cut in this latest round. “These were not […]
ST. CHARLES, Mo. – Lindenwood University faces another round of layoffs as the university anticipates lower student enrollment this fall due to FAFSA delays. FOX 2’s news partners at the St. Louis Post-Dispatch report that Lindenwood laid off 12 staff members and two faculty members, an effort to slash its operating budget by 10% ahead […]
(WFRV) – Mercury Marine, one of Wisconsin’s largest employers, has announced a reduction in workforce at its Fond du Lac headquarters, expected to affect nearly 300 employees. A statement provided to Local 5 from Mercury Marine states that its reduction in workforce of close to 300 employees will take place from June 14 through July. […]
Stanley Black & Decker Inc. is closing its Kannapolis distribution center, leaving 224 people without jobs. It’s the second round of company layoffs in the Charlotte region this year. Stanley Black & Decker Inc., headquartered in New Britain, Connecticut, will close its Concord facility at 1000 Stanley Drive as part of the company’s “changes to […]
The tech industry is undergoing a round of layoffs. Microsoft (MSFT) has confirmed it will be introducing a workforce reduction, and Alphabet’s Google (GOOG, GOOGL) is reportedly looking to follow suit. Yahoo Finance’s Dan Howley explains the motive for the job cuts despite strong balance sheets. For more expert insight and the latest market action, […]
Paramount Global needs to (further) reduce its staff size to compete in today’s cutthroat media landscape. Perhaps it could start by trimming a few CEOs. After Bob Bakish was unceremoniously (but richly) exited from the company, Paramount went with an “Office of the CEO” setup, the trio of George Cheeks, Chris McCarthy, and Brian Robbins. […]
Tesla Layoffs To Continue Through June, Morale Low Among Workers Tesla Inc. (NASDAQ:TSLA) employees are fearful as the rolling layoffs are expected to continue through at least June. Over a month into CEO Elon Musk’s plan to cut at least 10% of the workforce, the process is ongoing, causing employees to anxiously check their messages daily, uncertain of their […]