Volvo will layoff an additional 1,543 jobs at its Volvo Trucks, Construction Equipment, Penta and Powertrain units. The Swedish automaker is talking to unions about…
The Bureau of Transportation Statistics reports that airlines lost 6.6% of jobs since February, 2008. It's the eighth straight year of US airline job loss.…
General Motors announced a nationwide staff reduction of 1,600 salaried positions today. Most of the layoffs will take effect this week, with the rest finished…
Chicago Mayor Richard M. Daley is talking with unions, in an attempt to avoid layoffs through union concessions. Budget cuts may compel the Windy City…
According to Reuters, banks, insurers and asset managers worldwide have announced 373,760 job cuts since August 2007. The five firms that top the list for…
Swiss Bank UBS will cut 2,000 positions in its US wealth management business, beginning next week. The bank is cutting its headcount globally by 8,700.…