According to a report released Friday by Georgia’s Department of Labor, 100,000 laid off workers in the state filed initial claims for unemployment benefits in…
Supermarket company Penn Traffic recently filed for Chapter 11 bankruptcy and announced today a plan to close 53 stores in New York, leaving over 4000…
General Motors has made Mary Barra its new head of human resources, replacing the retiring Katy Barclay. Barra, currently vice president for global manufacturing engineering,…
General Motors, which just shut down 1,100 dealerships, is preparing to cut thousands more salaried positions in North America. The firm cut 4,400 North American…
Bankrupt automaker General Motors has notified the owners of 1,100 US dealerships that their franchise agreements will not be renewed when they expire in 2010.…
Rock Island, Illinois-based Hartmarx, the largest US menswear company, may go out of business if it can't strike a deal with Wells Fargo Bank. Thirty-five…
McLean, Virginia-based Sunrise Senior Living will cut 150 jobs in its headquarters and regional operations. The cuts will be complete by early 2010. The firm…