Job Market Monitor
Layoff
US / DOL’s Layoffs Report Could Become Victim of Sequester
The “sequester” spending cuts could cause hundreds of thousands of layoffs across the U.S., economists say. But, in a twist, the cuts will also impede the government’s ability to count those layoffs. The Labor Department is planning to stop producing its monthly report on mass layoffs in the U.S. labor market if sequester begins as … Continue reading
Montreal / Electronic Arts hit by layoffs
Update: An EA representative provided the following statement to IGN: “EA Montreal is a key development studio where our long-term plan is to sharpen our teams’ focus on console and mobile games.” EA has laid off staff in Los Angeles, Montreal and “smaller locations.” In a post on EA’s official site, EA Labels president Frank … Continue reading
Wall St / Layoffs continue
Wall Street may seem like its old self again. Financial giants including Goldman Sachs Group Inc. raked in mega profits in 2012. Bonuses are expected to fatten more Wall Streeters’ pockets than last year. The Dow Jones industrial average has been flirting with an all-time high after topping 14,000 for the first time in half … Continue reading
Heinz / Plans 80 layoffs at Idaho factory
The H.J. Heinz Co. plans to lay off 80 full-time employees at its Pocatello, Idaho, factory in March, following the discontinuation of the T.G.I. Friday’s frozen meal line. “The factory also will be adjusting its production schedule to maximize efficiency and effectively manage costs,” according to a statement from the Pittsburgh food company. The factory, … Continue reading
Surviving a game industry layoff
Layoffs happen. In the video game industry they happen a lot. Generally, there’s no way to prevent a layoff as an employee and there’s really no “safe” company (as last year showed). There are three things you can know and act on immediately to deal with a layoff before it occurs, or once it happens … Continue reading
US Workforce Development / Layoffs At State Unemployment Agencies
Businesses added 166,000 jobs in January, the U.S. Labor Department announced Friday, while the government eliminated 9,000. The twin trends have been a signature of the past three years of economic recovery. For some state workforce agency staffers, the overall improvement is bad news. With fewer people claiming unemployment insurance benefits, state unemployment agencies will … Continue reading
NY Thruway / 234 layoffs
The New York State Thruway Authority is planning 234 layoffs to help shore up its finances, but no toll increases are planned. Thruway spokesman Dan Weiller says the layoffs of full-time workers will be in all regions, including the Albany headquarters. The authority employs 2,968 workers. Weiller says no toll increases of any type are … Continue reading
West Virginia / Unemployment Insurance: Not a good employment policy
Every business faces ups and downs, and how a business reacts and adapts to a downturn plays a large part in its success. During tough economic times, businesses often face difficult decisions and can be forced to lay off valuable, trained employees in order to survive. Not only do businesses lose their skilled employees and … Continue reading
Aluminium / Ormet : 237 still off jobs
Tom Byers is glad Ormet Corp. made it through 2012 without laying off nearly 1,000 employees, but he would like to see the 237 who are out of work return to their jobs. “We have about 600 on the job right now,” said Byers, president of United Steelworkers Local 5724 at the Ormet Hannibal Primary … Continue reading
Indonesia / Layoffs in Drop ?
Cases of layoffs in Indonesia dropped nearly 60 percent in 2012 from a year earlier, pointing to improved businesses and labor relationships, said the Minister of Manpower and Transmigration. Minister Muhaimin Iskandar said last year there were 1,916 cases of layoffs involving 7,465 workers — a significant decrease from the 3,875 cases of layoffs involving … Continue reading
Laid offs lose nearly 2.8 years of income over the rest of their working lives
Even in relative good times, laid-off workers take a huge financial hit as a result of their involuntary job losses. In a recent study, scholars at the University of Chicago and Columbia University found that men ages 50 and under who were laid off when the nation’s unemployment rate stood below 6 percent could expect … Continue reading
The Day After Sandy Hook / Funding cuts force layoffs at nonviolence institute
An organization that advocates and teaches nonviolence practices in Rhode Island schools and prisons has been forced to lay off staff, its executive director said Monday. Teny Gross of the Institute for the Study & Practice of Nonviolence said losses in federal and state funding have forced the institute to lay off about one-third of … Continue reading
California / Kaiser Permanente / Layoffs of 500 – Employees will picket
Employees from three Kaiser Permanente hospitals in California will picket later this week in protest of upcoming layoffs affecting more than 500 medical professionals across the system’s Southern California region, according to a Press-Enterprise report. The pending layoffs could include more than 150 nurses and other workers from Kaiser Permanente’s hospitals in Riverside, Fontana and … Continue reading
Ontario / Ford offers jobs to laid off workers
Laid off Ford workers in Windsor and St. Thomas have until Dec. 14 to decide whether to apply for close to 400 jobs that will be opening up early next year at the automaker’s operation in Oakville, Chris Taylor, president of CAW Local 200, said Thursday. As part of the a preferential hiring program, Ford … Continue reading
Canada / Ottawa Region / ‘Hangover’ from government layoffs spills beyond public sector
The negative impact of government downsizing on employee engagement is seeping beyond federal offices and into workplaces across the National Capital Region, according to a local management expert. Jaime McGillivray, a Gatineau-based director with the Canadian Management Centre, said many local residents know a friend, family member or neighbour affected by government cutbacks. The perceived … Continue reading
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