According to an article in The Dallas Morning News, across the country thousands of workers at struggling universities, factories, hospitals and even state facilities are being laid off without pay. The state of Maryland is temporarily laying off 67,000 of its 80,000 employees in an effort to save $34 million in staffing costs. As sales [...]
The Associated Press reports that despite the $17.4 billion lifeline given to automakers last week, GM is still laying off 1,080 workers on Tuesday. So far, GM has sent 11,000 American workers to the unemployment line and that's just in 2008 alone. For decades automakers such as GM have employed tens of thousands of Americans [...]
A little more than 394,000 employees work for U.S. passenger airlines, that's the lowest amount in 15 years, according to the federal government. Airlines in the U.S. have experienced record job losses and plan to cut even more employees in an effort to stave off financial trouble. According the Bureau of Transportation Statistics, job losses [...]
Another sign of the times for the American worker--American Airlines contract negotiations with the union representing ground workers has come to a standstill. American Airlines has not been able to come to an agreement with the union representing over 12,000 bag handlers, instructors, simulator technicians, and storage clerks this past week. Because of several days [...]
The Dallas Morning News reports that Bank of America Corp. announced on Thursday that it will shed 30,000 to 35,000 jobs over the next three years as it struggles to absorb the financially battered Merrill Lynch & Co. Although the final and exact number of job losses at Bank of America won't be known until [...]
Workers laid off by the closure the Republic Doors and Windows plant in Illinois have been staging a sit-in since the company laid them off with only three days notice. The 200 unemployed workers said they were entitled to 60 days notice according to their union contract. After negotiations and plenty of bad publicity, Bank [...]
On Friday, the Labor Department released a report stating that employers slashed more than 533,000 jobs during November sending the unemployment rate skyrocketing to 6.7 percent. That's the highest number of job losses in 34 years. The current unemployment rate does not include over 422,000 people who experienced job losses; but gave up looking for [...]
It is so important that we keep our eyes on these job losses because it is a sign that all is not right on the financial home front of this country. When the biggest names in business, Houghton Mifflin Harcourt, AT&T, Random House, Inc. HarperCollins and Pearson begin mass layoffs and freezing wages, that's when [...]
AT&T Inc. the Dallas-based telecommunications firm has joined the ranks of companies reporting job cuts. On Thursday they announced that they will eliminate 12,000 jobs, approximately 4 percent of their workforce starting this month and continuing through 2009. AT&T, which has 300,000 employees recently laid off 4,000 workers last April and stated that this round [...]
Joblessness is increasing rapidly throughout the Dallas- Fort Worth area and around the country prompting an emergency extension of unemployment benefits. On November 26, 2008, The Texas Workforce commission (TWC) announced that they will be notifying jobless claimants that they may qualify for seven additional weeks of unemployment benefits. Jobless claimants in Texas can request [...]