Officials had hoped they could avoid layoffs in New Hanover County, North Carolina. Unfortunately, the county is calling layoffs a likely circumstance. Several weeks ago…
Copenhagen-based food producer Danisco will lay off 200 employees due to lower demand. The company saw operating profit in fiscal year 2008/09 of around 1.15…
Watson & Chalin, a North Texas manufacturer of auxiliary truck suspensions, plans to lay off up to 42 employees at the company’s two McKinney facilities.…
European bank HSBC is shuttering hundreds of branches in the US that specialize in mortgage and consumer lending, and eliminating thousands of jobs, as it…
JP Morgan Chase will eliminate 14,000 jobs, including 2,000 from its investment banking operations and 12,000 from its Washington Mutual unit. Chase had said in…
Company officials at Lydall Inc. say sales have declined rapidly, and as a result, layoffs will occur sooner than expected at the company’s Saint Johnsbury,…