Published on: May 21, 2019 The automotive industry, which has seen a significant shift as automakers deal with changing consumer demands and the implementation of automation, has announced 19,802 job cuts through April. That is 207% higher than the 6,451 automotive sector cuts announced through the same...
Job Cut Announcements Drop 34% From March 2019; YTD Cuts Up 31% Published May 2, 2019 U.S.-based employers announced plans to cut 40,023 jobs from their payrolls in April, down 34% from the 60,587 cuts announced in March. This is the lowest monthly total since last August,...
2018 was the worst year of media layoffs since 2009 Published on: Feb 14, 2019 Consolidation, declining revenue, combative language from the Trump Administration, and occasional violence marked 2018 for members of the media. It was also the year with the highest number of job cut announcements in...
Published on: Nov 27, 2018 UPDATE: General Motors is cutting up to 14,000 workers. General Motors announced it would cut 15 percent of its salaried and salaried contract staff, or an estimated 14,000 people, as the company looks to cut costs and pivot to electric vehicles. Meanwhile, CEO...
February Job Cuts Fall 18% Published March 3, 2016 After surging to a six-month high to begin the new year, downsizing slowed in February, as US-based employers announced 61,599 job cuts during the month, 18 percent fewer than the 75,114 in January, according to a report released...
Original Article: http://www.cnbc.com/2015/10/22/layoffs-dont-necessarily-spell-trouble-ch...
Published September 24, 2015 *Note: We previously listed Chemours/Dupont with 9,100 cuts this year. The Chemours spinoff from Dupont cost 5-7% of 9,100 jobs. Today’s announcement from Caterpillar that it will shed 5,000 workers by the end of 2016, with the possibility of adding another 5,000 job...
Original article: http://www.cnbc.com/2015/07/22/oil-and-gas-jobs-pay-is-still-big-but-not...
Original Article: http://www.wsj.com/articles/at-works-oil-patch-woes-heighten-business-sc...
The falling price of oil, now at under $50 a barrel for the first time since 2009, has caused a spate of layoff announcements impacting thousands of workers in oil-related industries, according to a tally recorded by global outplacement firm Challenger, Gray & Christmas, Inc....
