Latest Layoffs News

Iowa Democrats worry 'Medicare for All' hurts key industry

Dec. 14, 2019 2:49 PM EST

DES MOINES, Iowa (AP) — Kim Motl doesn’t work in the health insurance industry. But her friends and neighbors do. So when she saw Sen. Elizabeth Warren recently in Fort Dodge, Iowa, Motl pressed the Democratic presidential candidate about her “Medicare for All” plan, which would...

101 New Orleans area jobs lost with label factory closure

Dec. 12, 2019 12:23 PM EST

HARAHAN, La. (AP) — A 147-year-old labeling factory in suburban New Orleans is scheduled to close in February, meaning the loss of 101 jobs. The Walle orp., which began life as a lithography firm in New Orleans in 1872, will shutter its labeling factory in Harahan in February, T he Times-Picayune/The New...

Deere plans more layoffs at Davenport plant

Dec. 10, 2019 6:31 AM EST

DAVENPORT, Iowa (AP) — Deere & Co. plans to lay off nearly 60 more workers at its Davenport Works plant. The company said Monday that it notified the workers Dec. 2 and said the cuts would be effective Jan. 6. Deere announced earlier this fall that it was laying off more than 110 workers from the...

Suburban Denver jail struggles with $5.5 million budget cut

Dec. 6, 2019 4:26 PM EST

DENVER (AP) — Sheriff's officials in suburban Denver said Friday that a $5.5 million budget cut has forced them to close one floor of the county jail and to eliminate 51 jobs. The Jefferson County Sheriff's Office is planning to reduce the number of available beds at its jail by 244 beginning Jan. 1...

Textron Aviation announces layoffs, most in Wichita

Dec. 5, 2019 12:17 PM EST

WICHITA, Kan. (AP) — Textron Aviation says the company is laying off an undisclosed number of workers, with most of the layoffs at its headquarters in Wichita. The company announced the layoffs Thursday but did not say how many employees would be affected. Company spokeswoman Stephanie Harder said in a...

Survey: Businesses added just 67,000 jobs in November

Dec. 4, 2019 12:36 PM EST

WASHINGTON (AP) — U.S. companies added just 67,000 jobs in November, a private survey found, barely half the gain of the previous month. Payroll processor ADP said that manufacturers, construction firms and mining companies cut 18,000 jobs combined. Companies with fewer than 20 employees also slashed...

Halliburton: Majority of laid off employees offered move

Dec. 3, 2019 4:44 PM EST

EL RENO, Okla. (AP) — Halliburton says a majority of the more than 800 employees being laid off at its suburban Oklahoma City office have been offered a chance to relocate to its facility in Duncan, Oklahoma. The Houston-based company said in a statement Tuesday that it is moving most of its operations...

Italian bank UniCredit to cut 8,000 jobs by 2023

Dec. 3, 2019 9:40 AM EST

MILAN (AP) — Italian bank UniCredit on Tuesday announced 8,000 job cuts under a three-year plan that aims to significantly increase shareholder value. The bank, Italy’s largest by assets, said that its net profit will grow to 5 billion euros ($5.5 billion) by 2023, from a forecast 4.7 billion euros...

Halliburton lays off 800 in Oklahoma, plant closure expected

Dec. 2, 2019 4:59 PM EST

EL RENO, Okla. (AP) — Halliburton is laying off more than 800 employees in El Reno, Oklahoma, and says it expects to close its office in the Oklahoma City suburb. Oklahoma Office of Workforce Development spokesman David Crow says the agency was notified of the layoffs and apparent closure of the office,...

Germany’s Daimler to cut at least 10,000 jobs over 3 years

Nov. 29, 2019 10:57 AM EST

BERLIN (AP) — German automaker Daimler said Friday that it plans to cut at least 10,000 jobs worldwide by the end of 2022. It plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs. The company had said Nov. 14 that it plans to slash costs by 1.4...