According to Sacramento treasurer Russell Fehr, “crisis conditions demand crisis actions.” And right now, Sacramento may be facing those “crisis conditions.” It is possible that…
New York City Mayor Michael Bloomberg's executive budget, released today, shows a $4 billion deficit for 2010, a huge fiscal gap that he proposed addressing…
Dow Chemical announced today it will cut between 400 to 500 jobs at its Midland, Michigan, headquarters, as part of a previously announced global layoff…
Massive layoffs were ever present on Thursday as the tally of jobs lost reaches 13,000. Drugmaker AstraZeneca, photo company Eastman Kodak, aircraft company Cessna, truck…
Japanese electronics giant NEC Corp announced on Friday that they would be cutting 20,000 jobs worldwide in an effort to manage the global economic woes.…
Caterpillar announced another 2,110 layoffs to go with Monday’s announcement of 20,000 job cuts. This latest wave of job cuts will begin April 13. Caterpillar’s…