Downsizing and Rightsizing
Downsizing refers to the permanent reduction of a company's workforce and is generally associated with corporate reorganization, or creating a "leaner, meaner&...
Read more
The Philadelphia Inquirer on Tuesday began a round of long-expected layoffs amid a drop in circulation and ad revenue.Several reporters at the Inquirer, Pennsylvania's largest newspaper, said they ...
Read more
The Perseus Books Group said Thursday that it would shut down two imprints and lay off 24 employees in the wake of its March 1 acquisition of the Avalon Publishing Group.With a motto of "Insightful...
Read more
Some followup on those layoffs at The New York Times: First, a memo from a Times exec to the paper's clerical staff. Below that, a notice from the Newspaper Guild of New York to its Times members...
Read more
Los Alamos National Laboratory, one of the nation's premier nuclear weapons labs, is preparing to lay off hundreds of people in anticipation of federal budget cuts, a lab spokesman said Monday.The ...
Read more
The Energy Department is cutting operations and the chief contractor is laying off its staff at the desert site where the government plans to build a national nuclear waste repository, officials sa...
Read more
Battered by slow revenue growth and the popularity of social networking Web sites, Yahoo Inc. is poised to lay off hundreds of workers, according to published reports.The New York Times and The Wal...
Read more
Wireless equipment maker LM Ericsson AB reported a sharp drop in fourth-quarter net profits and said Friday it would lay off around 1,000 employees in Sweden because of costs cuts.At a news confere...
Read more
Countrywide Financial Corp., the nation's largest mortgage lender, sought to reassure customers Monday that the liquidity problems dogging its mortgage operations were not affecting its banking uni...
Read more
The Seattle Times Co. is eliminating 86 jobs, most through attrition but 17 through layoffs, in a plan to cut costs by $21 million, company officials confirmed.All but one of the layoffs under the ...
Read more
The head of the Food and Drug Administration alerted the agency's employees Friday that 2,000 of them could get layoff notices as early as next week if Congress fails to renew user fees for drugs a...
Read more
Downsizing and Rightsizing
Philadelphia Inquirer begins layoffs
