So you just got downsized. Depending on who you talk to, it was going to happen to 4-12% of us in this economy. That’s quite a few people. Here’s what it’s doing and what you’ll need to know as you approach finding a new job. Read our Keys to Surviving your Layoff
Stories Tagged ‘layoff’
Surviving a Layoff
Friday, April 10th, 2009RumorMill – UBS Laying off Brokers?
Friday, April 10th, 2009We just heard about this. Are more white collar workers facing the chopping block? We’ll report back as soon as we hear more.
General Motors – Layoff Notices to White Collar Workers
Wednesday, March 25th, 2009
It’s not just line workers being affected by the economic slow down in the automotive industry anymore. On Tuesday March 24th, white-white collar workers at General Motors Corp were informed that their jobs were being eliminated next week. While this cut is reportedly only 160 positions, mostly engineers and support staff at the Warren Technical Center in Warren, Michigan, it comes as a part of nearly the nearly 3000 US jobs lost throughout the US for the automaker, and 47,000 around the world. Roughly 20% of the total global workforce. Read More about the General Motors Layoffs Here
Boeing gives 60-day notice to employees in March
Friday, March 20th, 2009As a part of a projected 10,000 jobs across the company some 900 Boeing employees are expected to receive 60-day layoff notices. Of this latest group of layoffs 700 are from jobs in the Puget Sound region. Read more
Caterpillar to pink slip over 2000 more employees – layoff news
Thursday, March 19th, 2009It would appear that Caterpillar, one of the global leaders in construction and mining equipment, is announcing another round of layoffs this March. Even with emerging markets in developing countries in need of equipment produced by Caterpillar, the plummet of mineral and metal prices has forced companies that would usually order gear to put those plans on hold. Read more about the Caterpillar Layoff
Tracking the Cisco News for Layoffs
Monday, March 16th, 2009Cisco, 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…)
Los Angeles Unified School District Approves Layoffs – 9000 Affected
Wednesday, March 11th, 2009In 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…)