Saturday, August 17, 2019
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Tag: Layoffs

Texas firm accused of Medicare fraud files for bankruptcy

RICHMOND, Va. (AP) - A blood-testing company filed for bankruptcy and says it's cutting jobs because Medicare payments have been withheld over allegations of...

Uber lays off 400 employees from global marketing team

NEW YORK (AP) - Uber is laying off 400 employees in marketing, about a quarter of the marketing team's global workforce of 1,200 people.The...

Bankruptcy judge to approve sale of Reading Eagle

READING, Pa. (AP) - A federal bankruptcy judge said Wednesday he intends to approve the sale of the Reading Eagle to a large newspaper...

Ford is cutting 7,000 white-collar jobs

DETROIT (AP) - Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce.The company has said it was...

Staffer: Illinois newspaper editor resigns to spare layoffs

SPRINGFIELD, Ill. (AP) - Illinois' capital-city newspaper, a 188-year-old institution tied intimately to Abraham Lincoln, is without a news chief after its editor resigned...

Staffer: Illinois newspaper editor resigned to spare layoffs

SPRINGFIELD, Ill. (AP) - Illinois' capital-city newspaper, a 188-year-old institution tied intimately to Abraham Lincoln, is without a news chief after its editor resigned...

French telecom giant Orange on trial over staff suicides

PARIS (AP) - The toll is shocking: 19 suicides, 12 suicide attempts and eight cases of serious depression among employees over a three-year span...

Fiat Chrysler: $4.5B plan would add 6,500 Detroit-area jobs

DETROIT (AP) - Fiat Chrysler on Tuesday announced a $4.5 billion plan that includes building the first new auto assembly plant in Detroit in...

Activision to lay off 800 workers as video game sales slow

SANTA MONICA, Calif. (AP) - Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn...

Belt buckles and beer: Federal shutdown hits businesses hard

WASHINGTON (AP) - From power restaurants in Washington and a belt-buckle maker in Colorado to a brewery in California, businesses that count heavily on...