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Nokia to ax 220 R&D jobs in Japan

Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs.

Steel of West Virginia to lay off 53 by Nov.'s end

More than 50 Steel of West Virginia Inc. workers will be out of work by the end of November.

Verizon Wireless lays off former Alltel workers

Verizon Wireless laid off more former Alltel Corp. headquarters workers Thursday, saying the jobs were redundant after its acquisition of the Arkansas-based wireless provider.

Verizon Wireless lays off former Alltel workers

Verizon Wireless is laying off former Alltel Corp. headquarters workers in Little Rock.

AOL offers buyouts to over a third of work force

The struggling Internet company AOL plans to shed up to 2,500 jobs — more than a third of its work force — as it prepares to separate from Time Warner and finally sever their ill-fated marriage.

Correction: Verizon layoffs

In a Nov. 17 story about job cuts at Verizon Communications Inc., The Associated Press, relying on a labor union report, erroneously reported that Verizon is laying off more than 1,000 employees in Washington, D.C., Maryland and Virginia.

Aetna cutting more than 1,000 jobs by 1st quarter

Health insurer Aetna said Wednesday it will cut 625 jobs immediately, or nearly 2 percent of its staff, and will make a similar number of cuts by the end of the 2010 first quarter due to the lagging economy and the potential impact of health care reform.

AP says 90 layoffs this week reach payroll goal

The Associated Press said Thursday it laid off 90 news employees worldwide this week to reach its goal of cutting annual payroll costs by 10 percent.

Union says Verizon laying off 1,000

The largest union for Verizon Communications Inc. workers said the phone company is laying off more than 1,000 employees in Washington, D.C., Maryland and Virginia.

The Gazette in Colorado Springs lays off 11 more

The Gazette in Colorado Springs has laid off 11 employees, including seven in the newsroom, leaving fewer than 300 people on the staff.

Ind. state gov't begins layoffs after revenue drop

Indiana's Department of Administration has laid off 33 workers because of dwindling state revenues, the department's commissioner said Friday.

Ind. state gov't begins layoffs after revenue drop

Indiana's state government has started laying off workers because of dwindling state revenues.

New York Times to lay off news service workers

The New York Times News Service, which repackages Times stories for other media outlets, is laying off at least 25 employees.

Outdoor Channel to cut 25 pct of Winnercomm jobs

Outdoor Channel Holdings Inc. said Wednesday that it's laying off a quarter of employees at recently acquired Winnercomm Inc. because the economic downturn has hurt business.

AOL lays off 100 employees ahead of spinoff

Internet company AOL LLC, which will soon be spun off from parent Time Warner Inc., laid off about 100 full-time employees Tuesday.

NetJets Inc. to lay off 495 pilots nationwide

Private air service NetJets Inc., unit of Warren Buffett's Berkshire Hathaway Inc, says it will lay off up to 495 pilots nationwide because of a drop in demand.

Microsoft lays off 800 more workers worldwide

Microsoft Corp. says it is cutting 800 more jobs. That's in addition to the 5,000 layoffs it announced in January.

Sprint laying off part of wholesale division

Sprint Nextel Corp. says it plans to trim jobs "in the dozens" from its wholesale division amid slowing business.

Nokia Siemens Networks to lay off up to 5,700

Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).

Arizona tax department puts layoff plan on hold

Gambling that Arizona lawmakers will approve its funding in time, the state tax collection agency is shelving plans to lay off more than half its staff early this month.

AP source: Time Inc. to announce layoffs next week

The publisher of People, Sports Illustrated and 20 other magazines plans to announce more layoffs next week as the advertising slump continues to weigh on the magazine industry, according to a person with knowledge of the plans.

Perot Systems lays off 54 workers in Lincoln, Neb.

Perot Systems Corp. is laying off 54 of its roughly 900 workers in Lincoln as it shifts the work done in that office to a more high-tech specialty.

Retailer Target Corp. cuts 85 jobs in marketing

Retailer Target Corp. said Thursday it is cutting some 85 marketing jobs, representing about 8 percent of its 1,100 employees in that department.

International Paper lays off 1,600, closing mills

International Paper Co., the world's largest maker of cardboard box materials, said Thursday it is cutting 1,600 positions — nearly 3 percent of the current payroll — as it brings capacity into line with sharply diminished demand.

Sun cutting up to 3,000 jobs as awaits Oracle deal

Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.

The Vine
AOL To Cut About 2,300 Workers If Time Warner Spin-Off Goes Through - IT Channel - IT Channel News by CRN
Source: crn.com

AOL on Thursday told its employees that about one-third of them will have to leave the company if a proposed spinoff of AOL by Time Warner (NYSE:TWX) goes through as planned.

AOL: We Need to Fire 2,500 "Volunteers"
Source: mediamemo.allthingsd.com

AOL, which has already told investors that it will spend up to $200 million firing a good chunk of its staff, has now told its employees. It is looking for "up to 2,500 volunteers," CEO Tim Armstrong told his staff today. That's a third of the company's payroll.

RealNetworks to lay off 4 percent
Source: CNET.com

The Seattle area is going to get another jobless jolt Thursday, with RealNetworks planning to lay off 4 percent of its workforce, sources said.

Being an American has become a Spectator Sport
Source: The New York Times

Bob Herbert at his best and most inspiring tying together the activist success of the past with the passivity of today's citizens.

More Layoffs at Forbes Magazine - Media Decoder Blog - NYTimes.com
Source: The New York Times

Forbes, the magazine that once used "capitalist tool" as a motto, is now seeing the downside of capitalism. The magazine plans to lay off several staff members this afternoon, responding to the miserable advertising climate for business magazines.

Will tight credit affect holiday sales?

As the holiday season nears, most of us look forward to spending time with family and friends. Children anticipate the arrival of Santa Claus. It is a time for peace and harmony. Our minds are filled with feelings of generosity, sentimentality and reflection.

Sun Microsystems to cut 3,000 jobs as Oracle acquisition delayed
Source: USA Today

Computer server maker Sun Microsystems (JAVA) said Tuesday it would shed 3,000 jobs globally over the next 12 months because of the delay in its acquisition by Oracle (ORCL) as European regulators examine the $7 billion deal.

Aldermen urge firefighters to take pay freeze rather than cuts
Source: The Milwaukee Journal Sentinel

Mayor Tom Barrett's proposed 2010 budget calls for cutting ladder truck crews from five firefighters to four in the last eight ladder companies that still have five-member crews, and for closing one ladder company and one pumper engine company.

Crain's Cleveland Business: Advanstar Communications plans to cut about 40 jobs in North Olmsted
Source: crainscleveland.com

In a Tuesday, Sept. 29, interview on the Folio trade magazine web site, Joseph Loggia, Advanstar CEO, declined to confirm reports of 80 job cuts throughout the company as it implements a new strategic plan. Mr.

Following Debt Reduction, Advanstar Moving Toward "New Strategic Plan"
Source: foliomag.com

You can't really categorize things as layoffs when they're more of a shift in strategy. [While there were layoffs] you have to remember that it's in context that we've had some geographic shifts in strategy and a shift in strategy in regard to our product portfolio.

Economy and Recession

The United States, even the rest of the world has had to deal with the primary problem in the world right now, the economy and recession. The purpose of this article is to express my opinion and how the economy would be fixed.

Department of Corrections and Rehabilitation
Source: cdcr.ca.gov

The California Department of Corrections and Rehabilitation (CDCR) is cutting adult offender rehabilitation programs, reducing headquarters staff and creating new efficiencies to save over $280 million in response to the department's plan to achieve a $1.2 billion budget reduct …

NH state employees face layoffs; deadline set
Source: WMUR-TV

CONCORD, N.H. -- State employees face possible layoffs as Gov. John Lynch sets a deadline for making $25 million in personnel cuts.

Increase Spending and Confidence

Whether or not you (or someone in your household) has been cut by their employer, you have felt the pinch in some way. Including (and hopefully for your sake) an increase in saving while decreasing your spending.

5 Things to Know About Job Openings and Hiring
Source: US News & World Report

This article discusses some "things to know about job openings and hiring."

Downsizing Firm Specializes in the "Art" of Letting People Go
Source: The Washington Post

". . .Hall coaches businesses on how to execute mass downsizings and often visits companies on the designated day to help coordinate a layoff. Then she speaks to the newly unemployed within 30 minutes of their dismissal and offers tips on how to begin a job search.

economic stress
Source:

Economic stress reflects through women as they are involved directly in consumption of household products and services. Men's role is to hand over what earned during the day, week, or month to partner. Her responsibility begins to manage home with that money.

GM plant closing tears at Ohio community
Source: USA Today

When General Motors, the biggest employer in town, laid off 400 workers in December, it was like a boulder falling into a very small pond. April and Rick Allison lost their jobs stamping out doors and other car parts. They plan to leave to find work.

Job losses mount among California government workers
Source: The L.A. Times

California shed 66,500 jobs in June, and more losses loom as double-digit unemployment spreads to state and local governments, once reliable bastions of employment security.

Gannett to cut 1,000+ more jobs, but what's left to cut?
Source: St. Petersburg Times > Local News

News yesterday that the country's largest newspaper chain, Gannett Co., is planning to cut thousands more jobs in the next week -- have a happy Independence Day weekend, staffers! -- leaves me asking one question:

Job market takes turn for worse
Source: CNN

Employers cut more jobs than expected in June and unemployment rate climbed for the ninth straight month, hitting 9.5%.

Gannett to cut 1,400 jobs in new round of cuts
Source: Fox 23

Newspaper publisher Gannett Co. plans to cut 1,400 jobs in the next few weeks, about three percent of its work force, as it faces a prolonged slump in advertising revenue.

Russia's Putin Orders All Casinos Closed - Estimated 400,000 to Lose Jobs
Source: The New York Times

In a move that at times seems to have taken on almost farcical overtones, the Kremlin has offered the gambling industry only one option for survival: relocate to four regions in remote areas of Russia, as many as 4,000 miles from the capital.

Downsizing for Fun, Profit, and Chaos
Source:

Managements "that engage in downsizing to cut costs, increase profits, and reduce redundancies," as the Conference Board paper notes, "prematurely proclaim 'mission accomplished' when these targets have been achieved without taking into account the human capital assets  …

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