Job Market Monitor
Chicago
Consumer Goods | Layoffs Mounting
Consumer goods companies are planning more layoffs than all other industries this year due to company reorganizations, rising commodity prices and weak consumer spending, according to Chicago-based outplacement firm Challenger, Gray & Christmas. Companies such as Procter & Gamble, PepsiCo and Kraft Foods announced a total of 18,438 job cuts in the first quarter of … Continue reading
A New Push For Vocational Education in Chicago and the U.S. – The 312 – February 2012 – Chicago
Yesterday the city announced a $479 million capital plan to support the city colleges’ “College to Careers” program, which, in part, would rebuild and expand Malcolm X College, “including a new Allied Health Academy that will strengthen ties to the Illinois Medical District.” As Deanna Isaacs of the Reader noted in its wake: According to … Continue reading
Sears Announces Layoffs In Illinois After The State Gave It Millions In Subsidies | ThinkProgress
Just a few months ago, Illinois gave retail giant Sears $275 million to keep its corporate headquarters in the state, after Sears threatened to move elsewhere (including, potentially, Ohio). To show its appreciation for receiving millions in taxpayer funds, as Greg Leroy pointed out at the Clawback blog, Sears announced last week that it will … Continue reading
Sears: Now Come the (Penalty-Free) Headquarters Layoffs «
As I foreshadowed on January 5, despite a huge subsidy package enacted by the state of Illinois in December, Sears Holdings Corp. has already announced layoffs at its headquarters in the Chicago suburb of Hoffman Estates. Last week, the retailer announced that 100 HQ staff will be laid off. This after the chain announced on … Continue reading
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