Early this morning, the Georgia State Department of Labor announced that the number of laid-off workers filing first-time claims for unemployment benefits amounted to 120,139…
Staples is closing its distribution and warehouse center in Canton, Georgia, eliminating 89 jobs. Framingham, Massachusetts' Staples, the world's largest office-supply retailer, is shutting down…
Sunnyvale, California communications chip maker Applied Micro Circuits is cutting jobs and compensation in a move to reduce costs. The job cuts will effect about…
Kent, Washington-based outdoor gear and apparel retailer REI is eliminating 61 full-time jobs, mostly at its headquarters and Sumner distribution center. REI is cutting an…
Pratt & Whitney Canada will cut 1,000 jobs, or about 10% of the small-engine maker’s worldwide workforce, as business-jet production slows. About 5,500 of Pratt…
Speculation that the company is very close to filing for bankruptcy caused shares of Sirius XM Satellite Radio fell 50% Wednesday afternoon. The shares fell…
Jeff Carney, senior managing director of Putnam Investments, announced on Thursday that the asset manager will undergo layoffs that will cut 260 jobs out of…
A report released on Wednesday by the Federal Reserve Bank in Minneapolis anticipates a continuation of job losses in the Upper Midwest throughout 2009. However,…
Muzak Holdings LLC has agreed to a debt restructuring with its major creditors and has submitted a plan for reorganization with the United States Bankruptcy…