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.....»»

Category: europeSource: fortuneJan 12th, 2019

Are Tesla Layoffs Over?

Tesla (NASDAQ: TSLA) laid off 9% of its workforce. CEO Elon Musk said the 3,500 or so jobs did not affect employees producing the company’s cars, particularly the anticipated but late Model 3.........»»

Category: blogSource: 247wallstJun 13th, 2018

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.....»»

Category: blogSource: benzingaOct 8th, 2019

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......»»

Category: topSource: reutersSep 15th, 2019

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 $.....»»

Category: topSource: bizjournalsSep 10th, 2019

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.....»»

Category: topSource: usatodaySep 5th, 2019

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.....»»

Category: topSource: bizjournalsSep 4th, 2019

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......»»

Category: topSource: bizjournalsAug 29th, 2019

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......»»

Category: topSource: reutersAug 20th, 2019

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.....»»

Category: topSource: bizjournalsAug 20th, 2019

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......»»

Category: topSource: bizjournalsAug 1st, 2019

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.....»»

Category: topSource: bizjournalsJul 26th, 2019

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......»»

Category: topSource: bizjournalsJul 26th, 2019

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.....»»

Category: blogSource: zerohedgeJul 23rd, 2019

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......»»

Category: topSource: marketwatchMay 20th, 2019

Layoffs hit legal-tech company Mitratech, which is shifting work overseas

Legal technology company Mitratech plans to lay off 83 people in the United States, including more than 50 in the Texas capital, as it shifts work to India. The Austin-based company filed paperwork May 1 with the Texas Workforce Commission indicatin.....»»

Category: topSource: bizjournalsMay 7th, 2019

Intel confirms layoffs, remains mum on details

Chip giant Intel appears to be cutting back in its internal IT workforce, according to media reports. The Oregonian, citing unnamed sources, pegs the cuts in the hundreds across the company, which has a global workforce of 107,000. The paper repo.....»»

Category: topSource: bizjournalsMar 29th, 2019

Firestone in Liberia pursues drastic layoffs, worrying many

The 6,500 workers at the Firestone rubber plantation in Liberia are bracing for job cuts after the American-owned company announced it will substantially reduce its workforce......»»

Category: topSource: foxnewsMar 29th, 2019

Shopko liquidation prompts another 1,715 layoffs at 39 Wisconsin stores

The liquidation of Shopko Stores Operating Co. LLC’s business will result in another 1,715 layoffs at 39 locations slated to close throughout Wisconsin, the state Department of Workforce Development said Thursday afternoon.  The most recent ann.....»»

Category: topSource: bizjournalsMar 28th, 2019

Electronic Arts slashes hundreds from workforce after disappointing third quarter

Electronic Arts is slashing 350 positions from its workforce. The Redwood City-based company, which has 9,000 employees, said the cuts will affect its marketing, operations and publishing teams. The hardest hit will be its operations in Japan and R.....»»

Category: topSource: bizjournalsMar 26th, 2019

How AI will affect the human workforce in the near future

A common misconception about AI is that it will lead to jobs being eliminated and humans replaced by robots. Instead, there are real benefits to look forward to once this emerging technology becomes established in the workplace. .....»»

Category: topSource: moneycentralMar 11th, 2019