layoffs - Page 5

After reporting severely disappointing holiday sales figures, Macy’s is undertaking a plan to close dozens of stores and fire more than 4,800 workers.

Company co-founder Jack Dorsey, recently installed as CEO, has promised “big changes” for Twitter, and “has been vocal about the need to shake things up at the company, as user growth and engagement has stalled and the company’s stock has been battered,” according to Business Insider. Dorsey described the company’s flagging performance as “unacceptable” and promised to “ensure more disciplined execution” in a June conference call.

While it may be impossible to believe that an upstanding newspaper like The Los Angeles Times, a trusted and beloved publication that describes half-black men as “white supremacists,” is having financial troubles, the fact is that a bloodbath involving at

The Obama economy is facing thousands of looming layoffs, according to multiple media reports. For example, the Associated Press reports ConocoPhillips is expected to layoff roughly 1,810 employees — 10 percent of its workforce — due to a decrease in oil prices, which are nearing all time lows.

As the Chicago Public School District’s budget continues to crash, officials have announced the next round of layoffs, with over 450 employees getting the axe in schools across the city.

Intel, one of the nations largest technology corporations, has delivered a stern message to their workers: You’re not good enough.

San Diego Union-Tribune employees are suffering 178 layoffs this week resulting from May’s announced sale of the newspaper from Doug Manchester to multi-news outlet owner of the Los Angeles Times, Tribune Publishing.