On Tuesday Heather Wilson, Republican candidate for U.S. Senate, released a statement in response to a voluntary lay-off at Los Alamos National Labs. According to the release, 400-800 jobs will be lost at Los Alamos as a result of President Obama’s budget cuts. Wilson’s statement was sent before any official announcement was made by Los … Continue reading
Sterling Financial Corp. has laid off 6 percent of its workers, or 160 people, the bank announced in a filing Friday with the U.S. Securities and Exchange Commission . The layoffs will save the bank around $15 million in annual payroll. The bank is not releasing information about the number of layoffs in specific … Continue reading
With more than $200 million cut since 2008 and counting, the closure of two schools, and more than 800 layoffs last year, the Board for the Long Beach Unified School District (LBUSD) unanimously passed a motion approving the layoff of over 308 employees in order to brace for the millions the district will lose following … Continue reading
The Long Beach school board has approved the layoffs of more than 300 employees, including the entire teaching staff of the Head Start preschool program, as part of proposed budget cuts. The Press-Telegram ( http://bit.ly/ypTARZ) says the school district is proposing the cuts in anticipation of a more than $189 million budget deficit by 2014. … Continue reading
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
Layoffs are coming at the Allegany Ballistics Laboratory at Alliant Tech Systems in Mineral County. ATK Missile Products Communications Director Rod Gibbons says they expect to make the cuts at the end of March because the company’s fiscal year begins in April. “At this point we don’t have a number yet. We have asked employees … Continue reading
Waterbury Hospital is laying off 75 employees to save nearly $4.5 million. WVIT-TV and The Hartford Courant report that the job cuts will affect about 5 percent of the hospital’s work force of 1,700. The cuts include 22 management jobs, educators and clerical and support staff. via Weak finances force layoffs at Waterbury Hospital | … Continue reading
Agricultural processor Archer Daniels Midland Co (ADM.N) on Tuesday said it will eliminate 20 percent more jobs than previously expected to reduce costs. The Decatur, Illinois-based company raised its cutback estimate to more than 1,200 jobs worldwide, up from an earlier target of about 1,000 jobs. The increased estimate includes recent layoffs at grain and … Continue reading
While it may not be the best of times or the worst of times for Alliant Techsystems, the company faces a mixed bag of good news and bad news. Company employees were recently asked to volunteer for layoffs before mandatory layoffs might be ordered in late March. At the same time, the company won a … Continue reading
Private companies are doing more and more of the work once performed by state employees, and Gov. Bobby Jindal is proposing new rounds of privatization in his latest budget proposal. The shift has forced thousands of people from their jobs, a consequence the Jindal administration tends to gloss over as it touts the lowest number … Continue reading