Layoffs

April 16, 2019 - 1:04 pm
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...
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FILE - This June 13, 2013 file photo shows the Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles. Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history. The cutbacks announced Tuesday, Feb. 12, 2019, illustrate the boom-and-bust cycles in an industry whose fortunes are tied to video games that can have a relatively short lives before players move on to the next craze. (AP Photo/Jae C. Hong, File)
February 12, 2019 - 8:03 pm
SANTA MONICA, Calif. (AP) — Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history. The cutbacks announced Tuesday illustrate the boom-and-bust cycles in an industry whose fortunes are tied...
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FILE- This May 2, 2017, file photo, shows the corporate signage on the headquarters building of The New York Times in New York. The New York Times Co. said it is adding large numbers of digital subscribers and growing its digital revenue. The newspaper turned a $55.2 million profit in the fourth quarter, compared with a loss the year before. (AP Photo/Bebeto Matthews, File)
February 06, 2019 - 12:24 pm
NEW YORK (AP) — The New York Times Co. is adding large numbers of digital subscribers and growing its digital revenue. The Times added 265,000 digital subscriptions in the last three months of the year, the most significant increase since Donald Trump was elected president. The paper has landed...
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FILE - In this Oct. 30, 2014, file photo, the Vice logo is seen at a joint venture announcement between Vice Media and Roger Communications in Toronto. Vice Media is cutting 250 jobs globally as it seeks to shore up its profitability. It is the latest round of layoffs as the media industry contracts. The cuts affect about 10 percent of Vice’s 2,500 staff, said company spokeswoman Danielle Carrig on Friday, Feb. 1, 2019. But she said Vice plans to add jobs as well in departments including sales and digital news as it focuses on its units with potential for growth. (Nathan Denette/The Canadian Press via AP, File)
February 01, 2019 - 6:37 pm
NEW YORK (AP) — Vice Media is cutting 250 jobs globally as it seeks to achieve profitability. It is the latest round of layoffs as the media industry contracts. The cuts affect about 10 percent of Vice's 2,500 staff, said company spokeswoman Danielle Carrig. But she said Vice plans to add jobs as...
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FILE- In this Jan. 9, 2019, file photo Michael Northern, vice president of WJP Restaurant Group, stands next to an empty table at dinnertime at Rocket City Tavern near numerous federal agencies in Huntsville, Ala. Businesses that count heavily on federal employees as customers are feeling the punishing effects of the government shutdown. Northern said business is down 35 percent. “People are just going home and nesting, trying to conserve resources,” said Northern. (AP Photo/David Goldman, File)
January 24, 2019 - 6:35 pm
WASHINGTON (AP) — From power restaurants in Washington and a belt-buckle maker in Colorado to a brewery in California, businesses that count heavily on federal employees as customers are feeling the punishing effects of the government shutdown. In many cases, it's forcing them to cut workers' hours...
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January 24, 2019 - 3:52 pm
SAN FRANCISCO (AP) — Apple is reducing the size of its workforce assigned to driverless car technology as the company reorganizes amid weakening sales of iPhones, its biggest moneymaker. The company acknowledged the cutbacks in a Thursday statement, without specifying the number of jobs affected...
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January 23, 2019 - 4:42 pm
NEW YORK (AP) — Verizon is cutting about 800 jobs, or 7 percent of its media and advertising employees, as it reorganizes the troubled division. The wireless company had hoped to create an ad business that could compete with Google and Facebook. It spent roughly $10 billion buying up former...
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January 11, 2019 - 8:54 pm
HAWTHORNE, Calif. (AP) — SpaceX is laying off 10 percent of its roughly 6,000 workers, saying it needs to get leaner so it can succeed in enormous projects such as creating an interplanetary spacecraft. The Los Angeles Times reports that the cuts were announced Friday in an email to employees of...
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Chairwoman and CEO of General Motors Mary Barra is interviewed on the floor of the New York Stock Exchange, Friday, Jan. 11, 2019. General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. (AP Photo/Richard Drew)
January 11, 2019 - 11:58 am
DETROIT (AP) — General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. Shares jumped nearly 9 percent in midday trading. CEO Mary Barra also says the company doesn't foresee...
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FILE - In this Tuesday, Aug. 22, 2017 file photo, a Ford emblem is seen on a car at a store in London. Ford Motor Co. says it is cutting jobs in Europe in a wide-ranging restructuring as it focuses on its most profitable models and shifts production towards electric cars. In a statement, the company said Thursday, Jan. 10, 2019 that "structural cost improvements will be supported by a reduction of surplus labor," both hourly and salaried. (AP Photo/Frank Augstein, File)
January 10, 2019 - 9:10 am
FRANKFURT, Germany (AP) — Ford Motor Co. said Thursday it is cutting jobs in Europe as it reshapes its business to focus on more profitable commercial trucks and SUVs while shifting production to electric cars over the longer term. On a day that Jaguar Land Rover also announced it is cutting 4,500...
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