To quell a budget shortfall of $18 million dollars in the upcoming year, in addition to a variety of cuts being considered across the board the likelihood of a reduction in force action becomes greater. While not set in stone, hearings on the upcoming fiscal year budget in addition to several workshops will probably lead to 20-30 positions being eliminated.
Why is this important? So far, Vallejo is the largest city in the state of California to file for bankruptcy protection (2008).
Stay Tuned.
Looks like the tech sector is taking another hit. Sun Microsystems has announced a further reduction of 1,500 workers from it’s payroll worldwide. This represents an 18% reduction in staff. Read more about this Sun Layoff
Cisco, a tech company based in San Jose California, completed a wave of layoffs at the end of February 2009 totaling approximately 2000 of the 65,000 employees worldwide, 250 of which were at the headquarters. (more…)
In a move that should be unthinkable in an increasingly competitive global economy that is only going to get tighter, the Los Angeles Board of eduction is considering releasing teachers and staff to combat dire fiscal crisis affecting the state and the nation as a whole. The decision to layoff roughly 2000 elementary school teachers, 3500 nontenured teachers, and 3500 district and classroom support staffed will be made in the face of enormous protest by the teacher’s union. (more…)