Latest Layoffs News
Workers finish making replacement parts at idled GM plant
LORDSTOWN, Ohio (AP) — A union official says a small contingent of workers has finished making replacement parts for the Chevy Cruze at a General Motors plant in Ohio where production of the compact sedan ended in March. The Warren Tribune Chronicle reports UAW Local 1112 President Dave Green says GM...
SeaWorld lays off undisclosed number of employees
ORLANDO, Fla. (AP) — SeaWorld has laid off an undisclosed number of employees around the country in a move its says is aimed toward improving efficiency. SeaWorld Entertainment spokeswoman Suzanne Pelisson-Beasley told the Orlando Sentinel on Saturday that the layoffs occurred Friday. She declined to say...
Call-center operator to lay off nearly 800 in Arizona
TUCSON, Ariz. (AP) — A major call-center operator will lay off about 800 employees from its Tucson location. Concentrix Corp. recently filed a notice with the state, saying that 785 workers would be affected by a mass layoff. The employees were informed through a WARN letter, or Notification Under the...
Pharmaceuticals giant Bayer to cut 4,500 jobs in Germany
BERLIN (AP) — Pharma and chemicals giant Bayer says it is cutting 4,500 jobs in its home market of Germany. Bayer said Tuesday that the positions are part of 12,000 job cuts around announced last year. The company currently has about 32,100 employees in Germany. Bayer is fighting the fallout from lawsuits...
Firestone in Liberia pursues drastic layoffs, worrying many
HARBEL, Liberia (AP) — The 6,500 workers at the Firestone rubber plantation in Liberia are bracing for job cuts after the American-owned company announced it will substantially reduce its workforce. The Firestone farm, the world's single largest rubber plantation, has operated in this West African nation...
7 tax changes investors should watch for as they file
Americans will face a slew of new rules during the first tax-filing season with the Tax Cuts and Jobs Act of 2017 in effect. Here's what changed for investors: 1. NO DEDUCTION FOR INVESTMENT EXPENSES For taxpayers who itemize, the 2 percent miscellaneous itemized deduction was a handy catchall bucket for expenses...
Eastman Chemical, Conduit Global cutting jobs in Tennessee
MEMPHIS, Tenn. (AP) — Eastman Chemical Co. said Thursday that it is cutting an undisclosed number of jobs globally, citing "the ongoing U.S.-China trade dispute" and an economic slowdown in Europe. In a statement from company spokeswoman Betty Payne, the chemical and plastics manufacturer said it has seen...
US adds just 20K jobs; unemployment dips to 3.8 pct.
WASHINGTON (AP) — Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month's weak gain came after...
Devon Energy to cut about 200 workers; more layoffs expected
OKLAHOMA CITY (AP) — Devon Energy has confirmed that it is eliminating 200 jobs as it executes plans to sell or spin off its North Texas and Canadian assets. A spokesman for the Oklahoma City-based oil and gas company tells The Oklahoman that more layoffs are expected later this year at its headquarters...
A look at General Motor's Lordstown assembly plant
LORDSTOWN, Ohio (AP) — Some facts and figures about northeast Ohio's Lordstown assembly plant, which General Motors is idling Wednesday after the final U.S.-made Chevrolet Cruze sedan rolls off the assembly line, eliminating the jobs of nearly 1,700 hourly workers: — The plant opened in April 1966....
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