Layoffs Intersect with Personal Bankruptcies
In October 2012, Barclays PLC announced cutting about 50 employees from its equities business. It was the bank’s latest effort to reduce costs at its…
economy
Hurricane Sandy’s Macabre Stimulus Package: Billions Earmarked For Clean-Up Operations To Boost Economy
There’s little doubt that hurricane Sandy, when damages are counted, will leave in its wake costly consequences that will impact the lives of millions, perhaps…
Green Advertising and the Economy
When it comes down to green advertising, it is all about how the economy is doing and how well it is actually growing. Three researchers…
Stay 5 Years. Make $50,000.
Employee loyalty is a very important factor in a company’s survival. Companies offer an assortment of incentives for employees to shun the Help Wanted ads,…
Study Shows Employees More Concerned with Work Environment Than Pay
The current economic situation is affecting both employers and employees alike. Job opportunities are not as readily available as many people would like, and businesses…
Reporting New Hires May Help Stop Misuse of Unemployment Benefits
Employers are required by law to report new hires to the Department of Labor (DOL). Making such a report is filed in the specified time…
Study Exposes Economic Losses from Excessive Drinking
Excessive consumption of alcohol is unmistakably responsible for health problems and vehicular collisions. But what is the cost for the economy? And how much of…
Xerox To Layoff Unspecified Number Of Employees At Webster Center
The top name in photocopying, Xerox, has informed several of its employees that they will be laid off. Last year, Xerox announced that the company…
Armstrong World Industries Cuts 114 Jobs In North Carolina
International designer and floor, ceiling and cabinet manufacturer Armstrong World Industries is cutting 114 jobs in Statesville, North Carolina. The company will lay off 103…
Faurecia to Axe Over 50% of its Workforce
About 500 to 515 workers face an impending layoff as Faurecia, one of the world’s largest international automotive parts manufacturers, announced a plan to slash…