US Steel To Layoff Hundreds In Granite City, IL
This week, US Steel warned 1,0000 employees of its Granite City, Illinois mill that it is expecting to lay off about 60% of them as a result of the need…
Nokia To Lay Off As Many As 14,000 Employees
After reporting that the company’s earnings plummeted in the third quarter, Nokia, the Finnish telecom multinational, announced that it will cut as many as 14,000 workers as one element of…
LinkedIn To Lay Off More Than 660 Workers
On Monday, LinkedIn announced it will be laying of over 660 employees across its engineering, product, talent, and finance teams. In a news release, the resume-sharing social media site said,…
August Job Openings Jump
.Job openings in the US jumped unexpectedly in August, causing traders to worry the job market may not be cooling fast enough to please the Federal Reserve, as the regulator…
Italian Manufacturing, Begins Laying Off Workers
On Friday, Bloomberg reported that factories in Italy have begun to downsize their workforces and the country’s manufacturing sector has continued to shrink. In August, the EU’s third-largest economy fell…
August Jobs Numbers Dip Sharply As Labor Market Cools
In a sign the labor market may be cooling, job growth in the private sector in August slowed sharply, failing to meet economist’s expectations, According to the latest ADP National…
T-Mobile Announces 5,000 Layoffs
In an email to employees on Thursday, T-Mobile President and CEO Mike Sievert announced that by the end of September, the company would be laying off almost 5,000 employees, or…
May Jobs Report Shows Huge Increases In Food Services
In a shock, the newly released jobs report showed that the US economy added 339,000 jobs in May, including 33,000 in food services and drinking establishments alone. The results were…
