SpaceX Layoffs to Affect 10% of Workforce Across U.S.
The news comes shortly after the launch of 10 Iridium communications satellites on Friday. Elon Musk’s rocket company SpaceX plans to reduce its workforce by about 10% of its more than 6,000 employees across the country, th.....»»
Why a Birmingham couple made a $20M gift to UA – and how the gift could affect the workforce
A Birmingham couple’s gift to the University of Alabama could benefit companies in attracting workforce across the state......»»
Layoffs, hiring freeze hit Boeing 737 Max suppliers before factory production halt
One supplier handed out pink slips just before Christmas, while another launched a detailed review of operations before decisions are made about its own workforce in January......»»
Spirit AeroSystems 737 MAX freeze doesn’t immediately include layoffs
Workforce impact is expected after Spirit finalizes its 2020 plan on the 737 MAX with Boeing......»»
How this NASA audit may affect business on Florida"s Space Coast
A Nov. 14 report by the NASA Office of Inspector General highlighted the delays in spacecraft development by both Boeing and SpaceX......»»
WeWork says it"s cutting 2,400 jobs globally
Long-anticipated layoffs at WeWork have begun, part of the struggling office-sharing company’s plan to cut costs after staggering losses. WeWork said Thursday that the reductions will affect 2,400... To view the full story, click the title link......»»
Wall Street Pay Shrank 5.6% In 2018; Layoffs Spiked In First Half Of 2019: Report
Wall Street Pay Shrank 5.6% In 2018; Layoffs Spiked In First Half Of 2019: Report Continuing the trend of Wall Street salaries shrinking alongside the workforce of highly paid traders, analysts and others as automation takes hold, pay for .....»»
WeWork to eliminate 4,000 jobs: Report
The layoffs amount to about 30 percent of WeWork's workforce......»»
Stevens Tanker Division Closes And Eliminates 586 Jobs Across Texas
Dallas-based Stevens Tanker Division has notified the state of Texas it will cease operations by October 15. The closure will permanently affect 586 jobs across Texas, according to a notice sent to the Texas Workforce Commission. read more.....»»
Axel Springer plans layoffs after KKR becomes biggest shareholder: report
Axel Springer is planning layoffs as part of a cost-cutting program that would mainly affect its newspapers, the German media group's chief executive told the Sueddeutsche Zeitung in an interview released on Sunday......»»
EQT confirms Tuesday"s layoffs cut 196 jobs
EQT Corp. late Tuesday afternoon confirmed that 196 employees were laid off — 23 percent of the Pittsburgh-based natural gas driller's workforce. In a statement, the company provided more details about the cuts, which it said will save about $.....»»
Sears and Kmart corporate workforce is shrinking with around 250 layoffs
Sears has laid off approximately 250 workers from its corporate headquarters in Illinois, according to a notic.....»»
Cerner begins layoffs that will affect hundreds of employees
Cerner Corp. will lay off 255 of its U.S. employees in an effort to boost operating margins to 20% by the end of the year. Workers will be notified throughout the day on Wednesday, a spokeswoman said. About half of those layoffs will come from work.....»»
Excel Industries announces layoffs at Hesston plant
The company says the loss of a "mass retail partner" will result in around a 10-percent workforce reduction......»»
PES layoffs accelerate as Philadelphia refinery closes
Refiner Philadelphia Energy Solutions is laying off the majority of its unionized workforce on Tuesday and Wednesday, the union's president said, ahead of an initial layoff deadline......»»
One of Central Ohio"s largest employers announces layoffs
One of Central Ohio's largest employers is downsizing a workforce that's already seen a significant reduction in the past year or so. In a letter to the state, Vertiv Group Corp. announced it was reducing the headcount at its Columbus manufacturing f.....»»
Western Union to cut 10% of workforce, but plans to ‘elevate’ Denver HQ
The layoffs come after two disappointing quarters from the Denver-based global money transmitter company......»»
Tempe electronics manufacturer sets facility closures, layoffs
Tempe-based Benchmark Electronics Inc. is closing two of its manufacturing facilities and trimming about 360 workers from its global workforce four months after hiring a new CEO. Jeff Benck, Benchmark’s new president and chief executive, said t.....»»
Electronics manufacturer Benchmark sets facility closures, layoffs
The company is closing two of its manufacturing facilities, including on in San Jose, and trimming about 360 workers from its global workforce four months after hiring a new CEO......»»
Nissan Slashing Over 10,000 Jobs Globally, 7% Of Its Entire Workforce
What some auto manufacturers and industry experts were passing off as a slight hiccup for the auto industry is rapidly turning into a full-scale recession if not all out depression, one complete with a litany of layoffs i.....»»
Ford plans new wave of layoffs, to shed 10% of its workforce by August
Ford Motor Co. eliminates more jobs as it hopes to end August with 10% fewer employees......»»