Jeffboat Laying Off 120 in Indiana
Jeffersonville, Indiana-based barge manufacturer Jeffboat will lay off 120 at its plant on the Ohio river. The plant currently employs 1,220 at the facility. The…
employee buyout
Update: GM Cutting 10,000 Jobs, Reducing Pay
General Motors, the largest US automaker, will cut 10,000 salaried jobs globally, and reduce pay by as much as 10% to prove its viability to…
Delta Extends Employee Buyout Offer
Delta Air Lines is extending the deadline of its employee buyout offer as it moves to cut 2,000 jobs. The deadline was to be January…