Latest Layoffs News

Hundreds of N.Carolina transportation workers to be laid off

Aug. 14, 2019 11:30 AM EDT

RALEIGH, N.C. (AP) — North Carolina's Transportation Department says it'll lay off hundreds of workers to help cover the ballooning cost of storm damage repairs and legal expenses. News outlets report that layoffs will include contractual and temporary laborers such as those who patch potholes, inspect...

Kellogg to close Georgia facility this fall

Aug. 8, 2019 12:23 PM EDT

ATLANTA (AP) — A company that makes breakfast cereals and snacks is shutting down an Atlanta frozen foods plant and laying off more than 100 workers this fall. The Atlanta Journal-Constitution reports a business layoff and closure listing by the Georgia Department of Labor shows the Kellogg facility in...

California's largest recycling business closes, 750 laid off

Aug. 5, 2019 8:36 PM EDT

SAN JOSE, Calif. (AP) — California's largest operator of recycling redemption centers shut down Monday and laid off 750 employees. RePlanet closed all 284 of its centers, and company president David Lawrence said the decision was driven by increased business costs and falling prices of recycled aluminum...

Britain's biggest supermarket Tesco cuts further 4,500 jobs

Aug. 5, 2019 11:02 AM EDT

LONDON (AP) — Tesco, Britain's biggest supermarket chain, says it is cutting 4,500 jobs, in an attempt to be more flexible in an evolving retail environment. Tesco said Monday that most of the job losses will be seen at its mid-sized Metro stores that are aimed at the weekly shop. Since they are being used...

HSBC says its CEO to leave after just 18 months

Aug. 5, 2019 8:19 AM EDT

LONDON (AP) — Bank HSBC on Monday announced the surprise departure of CEO John Flint after just 18 months, saying new leadership was needed amid increasing economic uncertainty, and that it was cutting some 4,000 jobs to reduce costs. London-based HSBC Holdings said Flint stepped down by mutual agreement....

Oregon plywood plant lays off a quarter of its workforce

Aug. 2, 2019 4:58 PM EDT

ROSEBURG, Ore. (AP) — One of the nation's leading producers of plywood has announced that it will let go a quarter of its workforce at a plant in southwestern Oregon. Roseburg Forest Producers said Friday it laid off approximately 90 of its approximate 350 employees from a plywood plant in Dillard. The...

Lowe's cuts store jobs as it seeks to outsource workers

Aug. 1, 2019 4:12 PM EDT

Lowe's Cos. is laying off thousands of employees at its U.S. stores as it outsources some of their duties to outside companies. The home-improvement chain, based in Mooresville, North Carolina, declined to say exactly how many employees were affected. But The Wall Street Journal reported that thousands of...

GM earnings rise 1% as buyers pay more for popular pickups

Aug. 1, 2019 11:41 AM EDT

DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for restructuring...

Whiting Petroleum to cut more than 250 jobs companywide

Aug. 1, 2019 10:24 AM EDT

BISMARCK, N.D. (AP) — A major producer in North Dakota's oil patch has announced it is cutting more than 250 jobs companywide. Denver-based Whiting Petroleum announced the cuts Wednesday as part of restructuring effort that will save the company about $50 million annually. The Bismarck Tribune reports it's...

Small business employment edges higher in July, ADP says

Jul. 31, 2019 2:11 PM EDT

NEW YORK (AP) — Small business employment edged up during July as owners gingerly took on new hires. That report came Wednesday from payroll provider ADP, which counted 11,000 new jobs at its small business customers, those with up to 49 employees. But ADP's smallest customers, those with up to 19...