About 117 Workers to be Axed as SpectraWatt Closes Plant in Dutchess County, NY
Over 117 workers are now facing an impending layoff as SpectraWatt Inc., a US based manufacturer and distributor of high performance silicon solar cells for…
economic downturn
ZipRealty Inc. to Cut 129 Estate Agents
After a recent real estate clash and economic recession, ZipRealty Inc., a national real estate company, announced its plan of removing around 129 real estate…
HP Removes Nearly 30 Workers in its Ocala Office
Hewlett-Packard (HP), a multinational information technology corporation for personal computer products, axed around 30 employees and other contract workers in its office in Ocala, Florida.…
2011 Will Bring New Jobs and Boost Company Hiring, Analysts Say
Despite the present high unemployment rate and tight labor market, economic analysts said that there is still good reason to remain optimistic because the next…
State Street Reorganizes, to Slash 1,400 Jobs
State Street Corporation, a financial holding company, announced its massive restructuring plan that includes elimination of around 1,400 workers, or 5% of its work force,…
Pfizer to Axe 186 Workers in its Vonore Plant
Nearly 186 workers from its Vonore, Tennessee distribution plant are about lose their job as pharmaceutical giant Pfizer now outsources its logistics and distribution operations…
Novartis to Slash 1,400 US Jobs
Novartis AG (NVS), a multinational pharmaceutical company based in Switzerland, revealed their plan of removing around 1,400 jobs at its US general medicines unit to…
Apollo Group Inc. Slashes 700 employees
The country’s largest for-profit school company Apollo Group Inc. axed around 700 full-time employees, mostly from student admissions, due to the decrease in student enrollment…
Allen-Edmonds Adding Jobs on Positive Outlook
Allen-Edmonds Shoe Corp., which slashed jobs in recent years because of the recession, has added 45 jobs due to an expected increase in sales this…
Oregonian Newspaper: 5% Staff Reduction
The largest newspaper in Oregon has laid off about 5% of its staff, 37 workers in total. The Oregonian gave grim news to their employees…